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Hoffman Estates IL Homes - Market Update for Jan. to March 2017
Hoffman Estates IL Homes | Hoffman Estates IL Real Estate | Housing Market Stats for January to March 2017 Looking for current and concise market information for Hoffman Estates IL Homes?  You've come to the right place and I've actually been seeing a constant improvement over the last year.  Interest rates have been low with great affordability and more and more people realizing that it's cheaper than rent. Let's talk about a few different market facets here - the months supply of inventory for Hoffman Estates IL Homes has been steadily decreasing. We have 5% less in housing inventory then we did a year ago. The tables have finally turned in the sellers favor! Move-up buyers have been watching and waiting to move up to that larger home and also take advantage of these interest rates.  Just one problem - some people still can't sell their current home. Some people are still in the red due to the last few years slow appreciation. Same conditions for people that want to downsize. Another indicator that the Hoffman Estates IL market is improving is the number of homes that go under contract each month. Numbers here are average with 22 to 30% of homes going under ... more

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