The inventory of homes has many Short Sales and Foreclosures, which has been putting pressure on home prices. Detached property levels have declined. The condo market continues in general to display a slower recovery with financing issues creating a larger drag on that segment with what appears to be more stringent requirements. And the increase in rentals is not making financing any easier as some developments exceed owner/renter criteria. Rates are at a low and the banks are tightening their mortgage qualifications. This is a great time for buyers with more inventory to choose from. Want a Market Snapshot of your neighborhood? http://www.homeinsight.com/Widget/default.asp?ZZQWAJ7F40EP
ZIP Code: 60007 Location Characteristics: Elk Grove Village, covering 10 square miles northwest of Chicago in Cook and DuPage Counties, is a great place to live, work and own a business. With a population of over 33,000 and more than 3,500 business enterprises, Elk Grove Village successfully blends family-friendly neighborhoods, open green ways, parks and forest preserves with a vibrant and growing commercial center. Located 22 miles form Chicago and only minutes from O'Hare and a half dozen interstate highways, Elk Grove Village is ideally situated as a transportation hub and business center.
About Dennis Toomey:
Over 35 years of Sales, Marketing & Contract Negotiation Experience
Licensed Illinois Real Estate Broker
ABR - Accredited Buyer's Representative of the Real Estate Buyer's Agent Council
CDPE - Certified Distressed Property Expert® is a real estate professional with specific understanding of the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners.
GRI - Graduate Realtor Institute designee of the National Association of Realtors REALTORS® with the GRI designation are highly trained in many areas of real estate to better serve and protect their clients.
CRP - Certified Relocation Professional It is awarded only to those individuals who have demonstrated knowledge and expertise in all aspects of corporate relocation.
CRS - Certified Residential Specialist - The Top 4 Percent Less than 4 percent of all licensed Realtors® are Certified Residential Specialists.
e-PRO Internet Professional e-PRO is the only NAR approved Internet Certification Program.
SFR - Short Sales and Foreclosure Resource Certification
RE/MAX Hall of Fame
100% satisfaction GUARANTEED to all clients, whether Buyer or Seller
Fast, friendly & easy to work with
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
