The number one interest of the public when it comes to housing is WHEN WILL IT GET BETTER?
I don't see how anyone can answer that. I don't even think economists can predict the forecast. Things can change fast from day to day globally and in our own country.
This is truly the time to buy so take the loss on the selling end if you can and reap the rewards when you buy. To try and help show percentage drops and price changes from 2007 (the good old days) until now I made up some data with stats I received from IAR's website.
2007 HOMES SOLD 2008 HOMES SOLD % Change
10,425 7,845 -24.7%
AVERAGE SLD PRICE 07 AVERAGE SLD PRICE 08 % Change
347,923 336,129 -3.4%
--------------------------------------------------------------------------------
2009 HOMES SOLD 2010 HOMES SOLD %Change
1,426 1,124 -3.1%
AVERAGE SLD PRICE 09 AVERAGE SLD PRICE 10 %Change
$343,021 $339,716 -1.0%
Now you can look at the 2007 number of homes sold in DuPage County and compare that to 2010. Those are the facts whether we like them or not we need to deal with it. Selling a home today can take much much longer.
Naperville is having a redesign contest for their resident newsletter. I thought this might be fun for anyone who is creative or just wants a shot. Also a family activity as well with your kids choosing a name, etc. If you think you or someone you know may be interested check it out at the naperville website
to get all the details.
I don't see how anyone can answer that. I don't even think economists can predict the forecast. Things can change fast from day to day globally and in our own country.
This is truly the time to buy so take the loss on the selling end if you can and reap the rewards when you buy. To try and help show percentage drops and price changes from 2007 (the good old days) until now I made up some data with stats I received from IAR's website.
2007 HOMES SOLD 2008 HOMES SOLD % Change
10,425 7,845 -24.7%
AVERAGE SLD PRICE 07 AVERAGE SLD PRICE 08 % Change
347,923 336,129 -3.4%
--------------------------------------------------------------------------------
2009 HOMES SOLD 2010 HOMES SOLD %Change
1,426 1,124 -3.1%
AVERAGE SLD PRICE 09 AVERAGE SLD PRICE 10 %Change
$343,021 $339,716 -1.0%
Now you can look at the 2007 number of homes sold in DuPage County and compare that to 2010. Those are the facts whether we like them or not we need to deal with it. Selling a home today can take much much longer.
Naperville is having a redesign contest for their resident newsletter. I thought this might be fun for anyone who is creative or just wants a shot. Also a family activity as well with your kids choosing a name, etc. If you think you or someone you know may be interested check it out at the naperville website
to get all the details.
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