Tracking Trends
Short sales, rising prices, fewer foreclosure bargains and multiple offers – these four current trends in the market are setting up housing to recover further. These trends are helping buyers and sellers negotiate prices more, present stronger offers and sometimes exceed sale prices in good markets.
In addition, the educated consumer, and more of them, is a strong, forthcoming trend. “They are far more educated about the market, inventory and property values,” Powell says. “The learning curve is much smaller for them to get into the real estate market and understand the steps in the process.“
Sam Powell
Dream Town Realty
Chicago
312.371.7813
Samantha.Powell@dreamtown.com
Tom Gaikowski
John Greene Realtor
Naperville
630.664.7161
tomgaikowski@johngreenerealtor.com
Teresa Stultz
Premier Living Properties
Elgin
630.205.5568
teresa@plproperties.com