Real Estate News and Advice
January 9, 2009
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Illinois > Grayslake


Market Conditions Summary for Grayslake, Illinois


Reported by

Florene Darr
as of 1/6/2009:
We are fortunate here in Lake County. We do have foreclosures and 'short sales' and our property prices are down, but for several reasons we don't have 'the downward spiral in prices that a lot of the country is suffering. We are close to two major... MORE->
About Florene Darr

Reported by

John Walin
as of 12/27/2008:
BEST OPPORTUNISTIC MARKET IN 35 YEARS- Historically low interest rates, price suppression and plenty of inventory provide buyers the upper hand. It is good to buy up in a down market and even if a seller gets less for their house, they can buy the... MORE->
About John Walin

Reported by

Lisa Trace, MBA
as of 8/9/2008:
Homes in Grayslake continue to sell when priced appropriately. Although inventory levels are high and market times sluggish, buyers respond to aggressive pricing and the market is very PRICE DRIVEN! Grayslake is known as a nice community where you... MORE->
About Lisa Trace, MBA


Average Current Market Rating: 1.3    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 1.7    (3 ratings)




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Falling

Rising

Navigate: Top > Illinois > Grayslake


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.01%
15 Year Fixed: 4.62%
1 Year Adj: 4.95%
(U.S. Weekly Averages)

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