Northwest Suburbs of Chicago

PropertyUp Trusted Real Estate Advisors Video Blog

Get A Free Home Value Report!
homes for sale in illinois

Market Update September 2021: Northwest Chicago Suburbs Real Estate

Want to sell your home? Get a FREE home value report.
Want to buy a home? Search all homes for sale.

Hey everybody, John Herman from PropertyUp. It is September 2021 believe it or not already and I want to give you a Real Estate
Market Update tell you what’s happening in the World of Real Estate.

So what’s happening in the world of Real Estate right now is good actually.

So we had this crazy crazy start of the year where we have multiple offers on listings as soon as they come out sometimes five sometimes 10, 12 and 1 and 12 offers in the first day it’s saying and it was going crazy gangbusters like that from months and then it slowed down a little bit of once school started and then the inventory started to go up a little bit.

So now what we’re having is we’re having the buyers actually come back out again.

So everybody that went through that whole situation where they were multiple offer and they did not get that they might have gone through that once, twice, three times just given up like I’m tired of it.

It’s too much competition out there.

Well now they’re actually starting to come back and there’s more inventory so it is really
a good market right now it’s even example right now I have eight closings this month in September. It’s going to be about 3 million in sales and that is really good for any real estate agent for a half years worth of sales.

So I can get things done right now in this market that some agents can’t but I’ll tell you what it’s a really good time to buy because the price is now come down just to tick and sales are still happening on the list side so things are still mega mega strong out in the real estate market plus those interest rates have you taken a look at interest rates lately if you haven’t it is amazing you’re looking at levels that I mean it’s lower than inflation.

So if you actually got a loan on a property you be making money because the value of money is going down and your interest rate is low your set if you end up getting a loan on a property because you’re going to be that inflation.

If you have any other questions, if you want to lister give me a call at 630-251-8006 and I’ll get you through this crazy market and hope to see and talk to you soon. You have a great day. I’ll talk to you bye bye.

Facebook Notice for EU! You need to login to view and post FB Comments!

Search Chicagoland Real Estate

  • real estate site in chicagoland
  • RELATED BLOGS

    Tags

    RECENT POST

    CATEGORIES

    Buyer Info - Your Buyers Agent

    Questions to Ask Realtor

    Real Estate Updates per City

    Arlington Heights Real Estate

    Aurora Real Estate

    Barrington Hills Real Estate

    Barrington Real Estate

    Bartlett Real Estate

    Carol Stream Real Estate

    Chicago real estate

    Crystal Lake Real Estate

    Fox Lake Real Estate

    Gurnee Real Estate

    Hanover Park Real Estate

    Hoffman Estates Real Estate

    Lake Barrington Real Estate

    Lake Zurich Real Estate

    Lakemoor Real Estate

    Long Grove Real Estate

    McHenry Real Estate

    North Barrington Real Estate

    Northbrook Real Estate

    Palatine Real Estate

    Port Barrington Real Estate

    Rolling Meadows Real Estate

    Roselle Real Estate

    Schaumburg Real Estate

    South Barrington Real Estate

    Stream Wood Real Estate

    Vernon Hills Real Estate

    Seller Info - List Property for Sale

    Spring Cleanup

    Testimonials

    Video Blog