local real estate news: Palatine & Cook County Housing Market Predictions: Optimistic For 2013
- 01/11/13 02:27 AM
This is the time of year that many people remove their home from the market due to weather conditions and holiday obligations, or simply do not list it at all. We are seeing subtle differences this year so far, and are predicting that the trends of 2013 will be the reverse of that. Housing supply is down 40% to 50% from last year. In some areas in the Chicagoland area, we are seeing significant improvement in the housing market. Some areas are even being affected by positive indicators that the trends are reversing, for example: decreasing listings, increasing sales volume, lower … (0 comments)
local real estate news: New Tax Credit and Restrictions that Apply
- 11/09/09 01:52 AM
By now most of you know that the extension of the(click) tax credit was signed by the President last week. I have posted information several times on the bill however the tax credit will only apply to purchses prior to April 30, 2010 and it is my belief that it will not be extended after that. My reasoning is this, we are going through the holiday season and winter months. That is usually the slowest time of the year, and since our ecomony is not great the goverment is trying to keep real estate sales going. … (3 comments)
This is the time of year that many people remove their home from the market due to weather conditions and holiday obligations, or simply do not list it at all. We are seeing subtle differences this year so far, and are predicting that the trends of 2013 will be the reverse of that. Housing supply is down 40% to 50% from last year. In some areas in the Chicagoland area, we are seeing significant improvement in the housing market. Some areas are even being affected by positive indicators that the trends are reversing, for example: decreasing listings, increasing sales volume, lower … (0 comments)
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