Reported by Dawn Olson, Realtor, SFR, PME, RCC, CNHS
Updated December 29, 2010.
Current Market Rating: 2
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Buyer's
Seller's
Current Price Trend: 2
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Falling
Rising
The Bourbonnais market has a lower share of subprime loans than the average market, but rising prime foreclosures are becoming a problem. Prices are down compared to a year earlier and continue to weaken. Real estate remains a long-term investment: those who have owned for more than 3 years have seen the equity in their home grow. Most buyers in this market have access to government-backed financing.
Company: Coldwell Banker Residential Brokerage
Phone: 815-735-9594
Email: dawn dot olson dot realtor at gmail dot com
