Spring 2019, Will be one of The Best Times to Buy….Know Why?

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Glencoe – North Shore Market Conditions – PRESS THE IMAGE

With today’s 2019, Chicago North Shore market conditions NOW are one of the best times to find your perfect home at the price you want. If you wait, prices and interest rates will rise and you may find yourself on the outside looking in.

Choices are out there. In the past, the number of homes on the market was very low and the selection was poor. In today’s market, a buyer is able to find the right home without compromising any needs or wants.

Take your time in researching your new home. Shop around. Look at multiple homes and compare. In previous years, the seller’s market rushed buyers to make offers without thinking about their decision. Now; you can afford to give your decision the time and consideration it requires.

Make sure your home is in the best condition. Practice due diligence and schedule home inspections and appraisals on the property that you are interested in. No longer do you have to waive these contingencies with the fear that you may lose the home to another offer. Also, submit any repair requests that you may have to the seller before purchasing the home.

Reliable and trustworthy financing is available. The re-emergence of fixed-rate mortgages and the rapidly disappearing adjustable, sub-prime loans make this a great time to buy your new home!

Contact us today, we can effectively assist! Gloria and Zack Matlin…Matlin Residential Real Estate.

 

Glencoe Real Estate Reports August-Sept2011: Chicago’s North Shore

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The Glencoe/North Shore, Illinois area shows upward progress for another month!  Click the market action report below for detailed information or at : http://www.gloriamatlin.com/  Look for the tab “community reports” once on the website!

Gloria Matlin is a top North Shore real estate resource! A top producing, top selling realtor serving IllinoisGlencoe, Highland Park, Winnetka, Wilmette, Kenilworth, Northbrook, Deerfield, Northfield, Lincolnshire, Buffalo Grove, Skokie and Glenview areas with pride. Gloria is a seasoned specialist in the field of real estate. A Coldwell Banker broker associate in Glencoe, with over 20 years of national top 2% success, and a member of the International Presidents Elite “Coldwell Banker Presidents Club”. With compassion, grace and tenacity, she strives for excellence. She is known as North Shore’s consummate real estate professional.

Ongoing Great News For North Shore & Glencoe Housing

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Illinois home sales have been trending positive month-to-month since February 2011 and median home prices have moved up for the last three consecutive months, all good signs for a market working to recover amid lackluster job creation and a restrictive lending environment. According to the Illinois Association of REALTORS® (IAR) latest report, statewide home sales (including single family and condominiums) in May 2011 totaled 9,736 homes sold, up 13.9 percent from 8,546 sales in April 2011; sales were down 16.8 percent from 11,705 homes sold in May 2010.”

“According to our forecast, annual sales rates will turn positive for both Illinois and the Chicago region in July and August, a 22-25 percent increase statewide and 25 to 36 percent for Chicago,” estimates Dr. Geoffrey J.D. Hewings, director of the Regional Economics Applications Laboratory (REAL) of the University of Illinois. “This means the effect of the homebuyer tax credit will finally fade out in Illinois during the summer. Median prices for June, July and August are expected to be higher than May in both Illinois and the Chicago region.”

“In the city of Chicago, May home sales (single family and condominiums) totaled 1,705, up 16.5 percent from 1,464 sales in the previous month and down 17.1 percent from 2,057 homes sold in May 2010.”

Find Illinois market stats data at www.illinoisrealtor.org/marketstats. To view the RCF economic impact study, go to www.illinoisrealtor.org/economicimpact.

Great real estate insight for current day circumstances….take a peek!

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This video highlights real estate market trends:

http://www.youtube-nocookie.com/v/wVUswCXWZko?fs=1&hl=en_US&rel=0