So you think the market is bad….well check this out.

The other day there were 2 Realtors in my office writing offers for 2 different buyers on the same property in St. John. Neither of them knew the other was writing on the same property and the real irony was that neither of their buyers got the property because there was a 3rd offer from another Realtor on that same property and that was the one that the seller accepted. This was listed for sale just under $300,000 and it had been for sale for 171 days(this same house may cost you $10,000-$20,000 more as we enter the Spring/Summer markets).

The point is that this is a great time to buy in the Region with the negative media holding prices down and now the very low interest rates there are many buyers getting off the fence and taking advantage of the situation.

But BUYERS BEWARE….because I feel that this Spring is going to be very active and the prices consequently will start inching back up. You still will be able to take advantage of the gret interest rates, but the home prices may start coming back up. So if you’re thinking of moving…Now might be the time! Remember, there are a lot of great reasons to to live in the region with affordable existing and new housing, proximity to Chicago and the lakefront, expanding job markets with BP expansion-rebounding steel mill profits, and the growing number of people traveling through the area and driving retail development. 

So Take Advantage Now of the great buying conditions and let’s hope for all of us that we stay on this upward trend in the Region.