Are you wondering about the current state of the Real Estate market? Well, there’s good news! It’s exciting to see that the amount of pending home sales is on the rise across the nation and here in Chicago’s North Shore as well! According to a recent report from the National Association of Realtors, the percentage of increase from February of this year to March was at 8.3%. The great news is that the homes with a pending status are also up significantly from a year ago with an increase of 21.1%. Chief US economist, Stephen Gallagher at Societe Generale SA in New York notes that, “Homes sales are rising at a pretty healthy clip. There’s a growing confidence that the job market has bottomed out and is crawling up again.”
All this to say, now is an ideal to jump into Chicago's North Shore Real Estate market! We are seeing the country get back on its feet and the housing market gain steady momentum. Interest rates are still relatively low and prices of homes remain very reasonable. If you are hoping to settle into the beautiful North Shore area, please let me know! Or, if you have been wondering about selling your home, but aren’t sure where to start, I can answer any questions you may have!
It can seem daunting to know where to begin with buying or selling a home. I have lived and been an agent in Chicago’s North Shore for over twenty-five years and am very familiar with the neighborhoods and homes in the area! My main goal is to assist you every step of the way! I look forward to hearing from you soon!
Janie Bress
Your North Shore Real Estate Expert
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Wednesday, May 26, 2010
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