Special offer

Hanover Park Homes - Market Update September 2010

By
Real Estate Agent with Streamwood, Elgin IL Real Estate - RE/MAX Suburban Here's the Blog Dog

How to describe this market for Hanover Park Homes?  Unbelievable!

A now retired agent in my office used to say this to encompass every conceivable change or option and still Hanover Park Homes,Hanover Park IL real estate,stay positive!  I'm going to loudly reiterate that phrase to update you on recent Hanover Park Home sales.

Over the last 3 months, inventory for Hanover Park Homes is down substantially from 13.2 to 9.6 months.  Where did these homes go?  I think that sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue with their future plans.  The problem is not solved, only postponed to a future date when the lease expires.

Percentage of Listed Homes that go under contract each month.

July August Sept
6% 10% 8%


Real estate is unique with a 60 day lag time between contract and actual closing.  So you could see in the current pending statistics whether activity has increased or decreased.  Despite the numbers shown for September, the pending sales are at higher levels than that of June.  A slight dip and slow down in the market and then an increase.  So much for the tax credit - the final extended closing date for buyers was September 30th.  The numbers now are finally in and my personal opinion on it's success to stimulate the market has been pathetic.

Hanover Park Homes,Hanover Park IL real estate,


Unbelievable!
 Interest rates are at an all time low coupled with great prices and values, buyers should be out in droves to take advantage of this opportunity.  If you are thinking of buying a Hanover Park Home, please consider me as a buyers agent for your purchase. An experienced veteran, like myself, can steer you through the 'mine field' on your way to your first or tenth home!

If you are researching this update to possibly sell your Hanover Park Home, please email or call to discuss the advantages of my marketing abilities and getting your home turned to 'SOLD'.


Search for Hanover Park Homes
Hanover Park Townhomes
Hanover Park Foreclosures

Posted by

 Lyn Sims and The Blog Dog ©2007-2021
"All data and information on this blog is for informational purposes only. Lyn Sims and the dog makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, in information or any losses, injuries, assine behavior or damages arising from its display or use. Not a source of dietary fiber but some would disagree. Contains no MSG. PETA approved - no animals harmed during the posting of this information."

Comments(0)