There are many things that are happening in the Schaumburg Area Real Estate Market & some are very good. Showings have been impacted (graph is Illinois) but I wanted to show that not all real estate has stopped dead in its tracks.
We have had many transactions already in the works & they have closed successfully. So this graph shows that showings so far over these last few weeks have been down by 22% across IL. Following the end of the month, we will get another number but don't forget that this has never happened before in any market.
Another surprising figure that I hope will continue into the Spring Market is that homes are still selling over list price. According to CoreLogic, 29% of homes sold so far this year are selling over their listing prices. Obviously, this was before COVID-19 but housing is still competitive & buyers are still clamoring to get their new house as predicted.
So I am here with any real estate numbers, stats or questions that you might have. I'd be happy to answer your questions.