Is it a Good Time to Invest in a Rental?
January 29, 2012 by Marina
Filed under Marina's Blog, Market Watch
If you’ve been watching the housing market’s long-term slump, you’ve probably wondered if it’s time to pick up an investment property. Here are the things you need to check before you make that commitment: Read More…
MLS Search -See what properties are renting for and what you can purchace them for.
Home sales continue to improve.
January 21, 2012 by Marina
Filed under Marina's Blog
Intereating Information.
The National Association of Realtors reported that the annual sales pace in December reached 4.6 million homes, up 5% from November’s pace and 3.6% from a year ago.
Local Real Estate Market Glenview, Northbrook, Morton Grove.
National: It was the third straight month of improvement in the pace of sales. The fourth-quarter sales volume lifted full-year sales to 4.26 million homes, up 1.7% from 2010 levels.
The median price was $164,500 in December, down 2.5% from a year ago. For the full year, the median price of $166,100 was off 3.9% from 2010 levels.
Foreclosures made up 21% of all sales, while short sales were 12%. Both figures were comparable to 2010.
The 2011 Wrap Up issue of Chicagoland Real Estate Market Newsletter.
January 10, 2012 by Marina
Filed under Glenview Real Estate, Marina's Blog, Morton Grove Real Estate, Northbrook Real Estate
Real Estate Market Newsletter
This issue focuses on a year that saw greater stablization in our market, units were flat and prices took a 6% step down, as distressed properties have sync’ed up with the market sales trendline. The real story is the continued decline of interest rates throughout the year, as we start 2012 below 4% which is more than a full point lower than this time last year. Real Estate Market Newsletter
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What Sold in 2011 in Glenview, Northbrook, Morton Grove?

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