THE NORTH SHORE OF ILLINOIS
........................................Units...DAYS on MARKET...Median Sold $.........TOTAL SOLD
Condo’s/Town Homes.....153.…............58.....…...............$200,000.................$37,309,095
Single Family……….......245….............86........................$490,000….............$142,404,527
TOTAL…………………398….…........75…………........$368,500……..…...$179,713,622
RENTALS
…………....................Units..... DAYS on MARKET…….Median Rental $....TOTAL VOLUME
........................................111..................37..……….…… $1,850…………….$228,680
OCTOBER 1 - OCTOBER 31, 2013
TOTALS………….……402………......81………..……..$305,000………….$158,805,398
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.
This Data Includes the Following Areas: Deerfield, Bannockburn, Riverwoods, Highland Park, Lake Forest, Lake Bluff, Lincolnshire, Northbrook, Glenview/Golf, Mundelein/Ivanhoe, Vernon Hills/Indian Creek and Buffalo Grove.
Thinking about buying a home in the North Suburbs of Chicago? Interest rates for mortgages continue to be exceptionally low. A conforming loan ($417,000 or less) rates continue to hover around 4%. Jumbo mortgages (Loans above $417,000) interest rates are LESS than conforming. Borrowers can find “cheap” money around 3.8%!
Mortgage Lenders are offering loans to Buyers for as little as 5% down, 95% financing. Earlier this year the minimum credit score was lowered to help people by their dream home.
If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com
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