RealEstateConsumerInfo.com: Roselle IL Homes - Market Update September 2010

Roselle IL Homes - Market Update September 2010

How to describe this market for Roselle IL Homes?  Unbelievable!
Roselle IL Homes,Roselle IL real estate,
A now retired agent in my office used to say this to encompass every conceivable change or option and still stay positive!  I'm going to loudly reiterate that phrase to update you on recent Roselle IL Home sales.

Over the last 3 months, inventory for Roselle IL Homes is down substantially from 20.7 to 8.5 months.  Where did these homes go?  I think that sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue with their future plans.  The problem is not solved, only postponed to a future date when the lease expires.

Percentage of Listed Homes that go under contract each month.

July August Sept
4% 10% 8%


Real estate is unique with a 60 day lag time between contract and actual closing.  So you could see in the current pending statistics whether activity has increased or decreased.  Despite the numbers shown for September, the pending sales are at higher levels than that of June.  A slight dip and slow down in the market and then an increase.  So much for the tax credit - the final extended closing date for buyers was September 30th.  The numbers now are finally in and my personal opinion on it's success to stimulate the market has been pathetic.

Roselle IL Homes,Roselle IL real estate,

Unbelievable!  Interest rates are at an all time low coupled with great prices and values, buyers should be out in droves to take advantage of this opportunity.  If you are thinking of buying a Roselle IL Home, please consider me as a buyers agent for your purchase. An experienced veteran, like myself, can steer you through the 'mine field' on your way to your first or tenth home!

If you are researching this update to possibly sell your Roselle IL Home, please email or call to discuss the advantages of my marketing abilities and getting your home turned to 'SOLD'.


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Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324

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1 commentLyn Sims - Schaumburg Homes • October 03 2010 02:53PM

Comments

Lyn - Great market report for Roselle IL homes and I love your straight forwardness of where you think these homes went.

Posted by Michelle Gibson REALTOR® Wellington Florida Homes for Sale (Hansen Real Estate Group Inc. ) over 1 year ago

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