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: 60056 Location Characteristics: The Village is comprised of 58,000 residents of all ages, ethnic backgrounds, races and incomes. The community represents a suburban mosaic of people coming together, reflecting what American society is all about. Because of its people, location and fine neighborhoods, Mount Prospect is one of the most desirable communities in Chicago's northwest suburbs. It's where people want to live.
One of the things that attract people to the Village is the variety of housing options, ranging from single-family homes of all sizes to high-rise condominiums and town homes. Tree-lined streets make Mount Prospect a community green with life in the spring and summer and dazzling color in the autumn. Because of its fine housing and beautiful neighborhoods, property values in the Village are among the highest in the Chicago area.
Easy access to transportation, both Metra commuter train service to Chicago and convenient expressways, is an additional factor in the decision to locate here. Residents also benefit from close proximity to O'Hare International Airport. Village government provides public services that are among the best in the area — including police, fire protection, streets and other municipal services. The Village's responsiveness to the needs and voices of its residents is another important factor in making the community a great place for people to live.
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.
