Realty Times - Gurnee, Illinois Market Conditions

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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 > Gurnee

Market Conditions Summary for Gurnee, 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 BUYER'S MARKET IN 35 YEARS- Historically low interest rates, price suppression and plenty of inventory provide buyers the upper hand. It's a scarey market out there for sellers! Gurnee sellers need to make their homes show ready and be value... MORE->
About John Walin

Reported by

Lisa Trace, MBA
as of 8/9/2008:

Home sales continue to be sluggish with longer market times. Although the market is definitely weak, we are continuing to see home sales and are finding that buyers are saavy and very responsive to price reductions! The market is very PRICE DRIVEN.... MORE->
About Lisa Trace, MBA

Average Current Market Rating: 1.3 (3 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 1.7 (3 ratings)

1	2	3	4	5
Falling			Rising

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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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