The South Loop market is holding steady compared with our last report. There are only 2-3 months of inventory and homes are selling in about 3 months, on average. Crain's posted an interesting
Bolingbrook Plainfield And Romeoville December Market Trend
During the first week of December I illustrated the market opportunities for people thinking about selling their home. Indeed, as I indicated then, it's sellers season. Well, as predicted, the trend of a robust sellers market continues in our area. December's supply of homes has fallen in Bolingbrook while Plainfield and Romeoville remain at November levels. There are under 2 months of supply in The 'Brook.
The number of homes newly listed for sale in December was low.
Ok, that's good for people putting their home up for sale. What about the people who want to buy in these communities. The fact that there are fewer homes available doesn't mean there is limited opportunity. It does mean that buyers need to be vigilant in the coming weeks and keep their search fresh daily. There are many tools available for exactly that. If you are serious about buying a home soon, you will need an advocate that knows these markets and one who knows how to negotiate. Set yourself up for success and "Prepared To Be Moved".
Today, you don’t need a Realtor to find a home because with just a few clicks you can find countless properties to buy or even find a range of how much your home is worth. What consumers need today....
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