Thursday, March 13, 2008

The Market is Changing!!

I am starting to see some changes in the Real Estate Market. Buyers are starting to surface again in Lake, Cook and McHenry Counties. My Office is in Mundelein, in the middle of Lake County Illinois. Inventory Levels are Good and Interest Rates are still as good as they have been in recent times. I am seeing Buyers in many price ranges and in many Villages and Cities. Mundelein has a large range of Housing Prices from the Lower 100,000's to over $2,000,000, so we have had something for all Buyers.

My phone is ringing and I am seeing e-mails from people registering on my website, http://www.soldbywallen.com/, to search for homes, inquiring about Ads and asking for a Market Analysis to determine the value of there home while wanting to know when they should put their home on the Market.

With the Market the way it has been, people want to no when the best time to put their homes up For Sale is. I have been telling them that I really think it depends on the Weather. Well, with what we have seen in weather this week in Mundelein and Lake County this week - the time is now.

If you are looking to Sell, try to get a jump on the competition - Don't wait until everyone puts their house up For Sale. If you are Buying, take advantage of the Low Interest Rates and the New Inventory that is coming into the Market Daily, along with what is on the Market and has been sitting. Sellers may compete for your purchase by adjusting their prices, incentives, or just making improvements to there homes to make them shine for prospective Buyers.

If you are looking to Buy or Sell a Home, don't wait and possibly miss a great opportunity to put together a deal that may not be available later. Whether you live in Mundelein, or Lake County, Cook or McHenry Counties, or most of Illinois, the time is now, so don't wait!

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