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Schaumburg Townhomes & Condos - How long will it take to sell?
Schaumburg IL Townhomes & Condos - Housing Market Stats for April to June 2017 Looking for current market information for Schaumburg IL Townhomes & Condos? 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 start talking about a few different market facets here - the months supply of inventory for Schaumburg Townhomes & Condos has been steadily decreasing. We have 14% less in housing inventory then we did a year ago. Inventory levels 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 are still in the red due to the last few years slow appreciation. Possibly the market has recovered in your area enough for you to make your move? Another indicator that the Schaumburg Townhome & Condo market is improving is the number of homes that go under contract each month. In the first time home buyer price point under $200,000 there have been multiple offer situations on most properties. ... more
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