Friday, January 9, 2015

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR BANNOCKBURN, Illinois.


BANNOCKBURN, IL.
............................Units….DAYS on MARKET…….Median Sold $.....TOTAL SOLD
Single Family…......1…..............138..............................$1,200,000……...$1,200,000

RENTALS: ........Units...... DAYS ON MARKET…Median Rental $....TOTAL
................................0.....................0……..………….....$0…….…………$0
Note: There are only single family homes in BANNOCKBURN, IL. Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

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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