Reported by Ann Wells, Broker, REALTOR, ABR, CRS, GRI, SRES
Updated March 21, 2012.
Current Market Rating: 3
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Buyer's
Seller's
Current Price Trend: 3
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Falling
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Buyers are back out in force looking for a properly priced home to call their own. With interest rates at historic lows now is the time to list and buy! Don't wait; call 1st Choice Realty today! Interestly, investors are once again buyig rental property; a sign of an improving real estate market? Time will tell!
Interesting Stats: Did you know our real estate sales prices didn't CRASH? Our worst year, 2008 saw the worst decline (11.5% from 2007). But from peak to valley we only lost 13.75%. Did you know 2010 home prices were essentially the same as sale prices in 2001? We are about 2.8% higher than 2001. Average selling prices in Vermilion County were relatively stable 2008 through 2010? We are only $373 behind 2008 and 2.1% ahead of 2009. Our market has taken one major hit:: The number of transactions has been on the decline. Some areas were hit harder than others. Your REALTOR should be able to supply you with up to date facts in order to assist you in properly pricing your home for sale or making an educated offer when ready to buy.
ZIP Code: 61832 Approximate Location Boundaries: Vermilion County
About Ann Wells:
Ann Wells has been in the real estate business since 1991. Ann truly believes education is the key to customer satisfaction. For this reason Ann has earned the following prestigious certifications and designations: ABR * CRS * GRI * QSC * RFS * SRES. If you are serious about buying or selling, give Ann a call, "Your Bright Spot in the World of Real Estate!"
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
