OCTOBER 1 – OCTOBER 31, 2014: SOLD & RENTAL DATA FOR BUFFALO GROVE, Illinois.

BUFFALO GROVE, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes......35....................79……......................$190,000.................$7,125,250
Single Family….............25....................45..............................$375,000.................$9,543,609

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
.......................................18...................31........……...…........$2,075…...……......$35,925
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

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