How to describe this market for Streamwood IL Homes? Unbelievable!
A now retired agent in my office used to say this to encompass every conceivable change or option and still stay positive! I'm going to loudly reiterate that phrase to update you on recent Streamwood IL Home sales.
Over the last 3 months, inventory for Streamwood IL Homes is down substantially from 12.4 to 7.1 then up again to 9.2 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 Streamwood 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.
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 Streamwood IL 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 Streamwood IL Home, please email or call to discuss the advantages of my marketing abilities and getting your home turned to 'SOLD'.
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