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December 5, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Grayslake, Illinois

Reported by Florene Darr, REALTOR

Updated September 16, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

We are fortunate here in Lake County. We do have foreclosures and 'short sales' and our property prices are down, but for several reasons we don't have 'the downward spiral in prices that a lot of the country is suffering. We are close to two major cities, Chicago and Milwaukee and we are a growing county. What we are seeing is a lot of people simply making the decision to not sell unless they have to. The market is great for first time buyers, people who are in interested in buying property for an investment and people who are buying a more expensive house. So if you fit any of these categories, this is your time. If you decide to sell your property, you need to price it based on the market today and make sure it is in tip-top shape.

ZIP Codes: 60030, 60060, 60061, 60046, 60073

Location Characteristics: We are drqwing nearer tyo the tax credit cut off for first time buyers. Because of that we are seeing more sales in the first time buyer category. Investors are still buying a lot of the short sales and foreclosures. . We still have a lot of foreclosures and short sales out ther, so there are still some really great buys especially for first time buyers and real estate investors. In order to buy those properties you must be willing to wait for an acceptance, expect not to always get the property you want, have money set aside to make repairs and have financing in place. These are not for everybody. If you are thinking about making a move, this could be the perfect time for you. Call for a FREE CONSULTATION to find out what your options are. Florene Darr 847-949-7100 x 61 or fdarr1017@aol.com

For More Information:

View Market Conditions of other areas served by Florene Darr

Navigate: Top > Illinois > Grayslake

About Florene Darr:
I have been a licensed Realtor working in the Lake County area since 1982. Helping families with their real estate needs is my pleasure.


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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