Category Archives: Uncategorized
Understanding Real Estate News
Posted by in News, Uncategorized
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If you own a television you know that there are a lot of reports about the national real estate market. While these reports make good headlines, it can be difficult to understand what they mean for your home or purchasing decisions.
Here is a list of the most common news reports about the real estate market:
“Real Estate sales were down (or up) last month”
“Real Estate values were down (or up) last month”
“Foreclosures were down (or up) last month”
“Home starts were down (or up) last month”
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The Cost of Waiting For Prices To Fall
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I came across this article from another Real Estate Blog that I read and thought it was well written. It is written from a national I feel this all applies to our Oak Park and River Forest real estate market … Continue reading
River Forest Property Declines May Be Misleading |
At first glance, it appears that property values in River Forest realized another significant loss in 2010. A closer look at the numbers, however, indicates that the largest factor in the 9.44% decrease in the Average Sales Price for River Forest Single-Family homes may be exaggerated Continue reading