Tag Archives: Market data
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
Average Home Sales Continue to Fall in Forest Park |
The Forest Park Real Estate Market was a little late to the overall real estate market downturn, holding property values steady in 2007 and 2008 when many communities were showing significant losses. Unfortunately for local homeowners, like myself, we more than made up for lost time Continue reading
Is this the best to Buy AND Sell? |
Perhaps for the first time in American real estate history, you must buy now and you must sell now. How can this be? Because what is important to the buyer is different than what is important to the seller. Let us explain.
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1st Quarter 2010 Housing Data – River Forest |
The number of single-family homes that sold in River Forest during the first quarter of 2010 (18) increased by 50% over the first quarter of 2009. However, the average sales price of $581,166 was a 28.5% lower than Q1 of 2009 ($763,000). Continue reading
The number of single-family homes that sold in Oak Park during the first quarter of 2010 (42) was slighlty higher the first quarter from 2009. Further, the average sales price $407,249 was 8.1% higher than Q1 of 2009. Continue reading