One of Illinois' largest towns and a Chicagoland suburb, Aurora is a fast-growing upscale housing market, say local Realtors.

"Aurora is a western suburb along the Fox River which has enjoyed growth," says Realtor Richard Brzezinski. "The Aurora Market has started another strong spring market with bright prospects. Interest rates continue to motivate many local buyers to upgrade their current home. Inventory continues to be relatively low. Moving into 2004, the U. S. economy is expected to grow in a healthy three to four percent range. That type of growth should help keep homebuying strong even though interest rates have risen slightly. Some experts look for a better high end real estate market due to the recent moves in the Stock Market."

Says Realtor Dan Jungclas, "Just like the weather, the market is certainly heating up! Looks like it will be a great spring market! Properly priced properties and well maintained homes are selling quickly! Interest rates continue to remain quite favorable and this continues to motivate buyers! Buyers are well informed and quite savvy thanks to the Internet.

Jungclas advises, "The 2004 market is expected to be strong and thus a very good market for real estate! Consumers are definitely feeling better about the future. Home sales will be tied to individual feelings about job security and the general economy - not just mortgage interest rates. The market is just waiting for you."

"Aurora is located in Kane, Dupage and Kendall Counties," explains Realtor Edie Jahn. " Aurora is the second largest city in Illinois and provides wonderful opportunites for real estate investment. Aurora provides one of the best value resources in the Chicago suburban market, from entry-level homes to multi-million dollar estates.

She says, "The spring market is heating up, with new listings coming on the market daily. Interest rates are still at record lows with some indicators suggesting a slight rise in rates. The market is still very strong with list prices rising, so beat the trend and buy now!

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Published: April 26, 2004

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