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  CONDITIONS™
By Local Real Estate Experts  

Market Conditions for Schaumburg, Illinois

Reported by Larry Rowan

Updated May 15, 2010.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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2
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5
Falling

Rising

This market is a 'Beauty Contest" in that the homes that have recent updates, upgrades and are the cleanest with no obvious maintenance issues will sell in a reasonably short period of time as long as they are priced in line with comperables. Overpriced homes, homes in need of maintenance will stay on the market for long periods of time. There is a glut of condo's on the market and selling them is complicated by more stringent FNMA requirements for condo's.


Company: Coldwell Banker Residential Brokerage
Phone: 847-301-3196
Email: larry at larryrowan dot com

Navigate: Top > Illinois > Schaumburg

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

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