Posts Tagged ‘Real Estate Activity’

Buffalo Grove Real Estate Market Update

Buffalo Grove Real Estate ActivityThe real estate market continues to heat up as we head into the summer. Remember, price is determined by the supply and demand of the product. In this case,the product is housing. Demand or activity is up on a month to month basis. The supply or inventory is down to 5 months for single family homes in Buffalo Grove. The active inventory is still only in the upper 80′s.

Rates are at an all time low. Will the “shadow inventory” tamp down any price increases? Time will tell. But,if you find the house you’re looking for, or are thinking about selling now, it’s a choice of the known vs the unknown.

If you would like information  for where you live, just let me know. I’d be happy to help. Have a joyful and safe summer.

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