Chicagoland NW Suburban IL Real Estate: REAL Trends Housing Market Report

Exciting news for us here in Bartlett, Schaumburg and Hoffman Estates!

The real estate market has long been tooted to have started its road to recovery and the facts and figures back this up.

January 2010 housing sales declined a little from Decembers but remain above a year ago (January 2009) with the price trend continuing to improve with HOME PRICES UP 7.9% FROM A YEAR AGO!

A report by REAL Trend show the housing recovery slowing in unit sales while prices climb in biggest monthly gain in nearly three years. Unit sales up 8.6% in January 2010 over January 2009 while average price of homes sold jumps 7.9% for largest year over year gain in nearly three years. This is very exiting news! Existing home sales rose 8.6 percent across the nation in January 2010 compared to the same month in 2009 – and, sales units were up 17.1 percent over December 2008!

Here in the midwest things were encouraging with the number of home sales however, with unit sales up 9.6 percent over the same month a year ago.
 
The decline in January from the December unit sales rate was expected, due to the extension of the tax credit from November 2009 to April 2010.

Now it appears the only way is up for the numbers – stay tuned for more as it develops!

Whether you are a first time buyer trying to determine how much you can afford, or an experienced buyer who is selling your current property and ready to buy your next home I can help you with all your real estate needs in the Chicagoland Northwest Suburbs Area.

Finding your dream home or finding a buyer is only part of the challenge of a successful transaction. Click here to search Bartlett IL, Schaumburg IL and the Hoffman Estates using our complimentary MLS Search service. You can also view our fantastic range of featured properties!

Alternatively please contact me today if you need more specific assistance in your real estate needs. You can call the office on: 847-874-6731 or Cell phone on: 847-913-2606 or of course email me at: Joe@JoeStacy.com

My expertise, experience and dedication to you and your specific needs are anything but average – it’s why this office is number one in the Northwest Suburbs year after year!

Joe Stacy
2570 W. Schaumburg Rd
Schaumburg, IL 60194