Illinois Communities Report Continuing Sales During Holidays
by Blanche Evans
Realtors in towns such as Woodridge, Yorkville, and Western Springs suggest that sales have hardly slowed during the holidays, as buyers cash in on continuing low interest rates. Woodridge "Woodbridge has it all," says Realtor Carolyn Duffy, "family recreation, train, expressway, bike paths, affordable housing, and highly-rated schools. "Record-breaking 2004 is coming to an end," says Duffy. "Rates remain extremely attractive. Properly priced, well maintained homes fly off the market. Buyers and sellers have access to an incredible amount of information through the Internet and continue to purchase properly priced homes. The Internet information still needs a lot of deciphering from the agents who are in the real estate trenches 24 hours a day. The average market times for homes is currently 46 days. Duffy advises, "The US economy is expecting a healthy growth to of three to four percent. Housing remains a pillar of strength and consumers are feeling better about the future. Homebuying is tied to individuals' feelings about their own job security and the economy in general, rather than the actual mortgage rates.There is no time like the present to sell your existing home or go purchase your future home. Getting a home sold and closed requires a huge attention to detail. Hire a professional!" Yorkville "Located along the Fox River just 55 miles southwest of Chicago," says Realtor Dave Chally, "Yorkville is in an excellent location for development. "Yorkville's continued growth and expansion defines our community as a dynamic and exciting place to live and work," says Chally. "Situated on the banks of the Fox River, Yorkville gives the feel of small town living as well as the excitement of a vibrant and progressive community! As Yorkville's population continues to grow, opportunities for industrial, retail, and service oriented business flourish. Menards and Jewel have already located in Yorkville with more big box retailers considering our community. Since January 1, 2004, Yorkville has had 285 sales with an average sale price of $264,066. The current inventory is 250 homes with an average list price of $337,255." Western Springs "Western Springs is the westernmost town in Cook County along the Metra train line," describes Realtor Bryan Bomba. "In addition to a quick commute, it boasts great schools and an old-fashioned small town atmosphere. The town is defined by the seven distinct neighborhoods which make it up. Market analyses were derived from MLS data for all price ranges and property classifications within this town. It is typical to expect deviations in market conditions for the various property types." |
