Are you curious as to what Long Grove real estate listings went under contract in the first 45 days of 2010? Everyone else in Long Grove seems to be!
Whether you are in the market to buy a Long Grove home or to sell your current Long Grove home, it is important to keep abreast of market statistics (or at least to work with a knowledgeable Long Grove REALTOR who does). Newspapers, national magazines, and television news report on regional and national trends, but aren't doing a very good job of explaining the local real estate market in Long Grove. The number of new housing starts nationwide or the percentage increase in foreclosures or short sales in the entire state have very little, if any, bearing on how quickly your Long Grove real estate is worth in the Ravenna, Herons Landing or Indian Creek Subdivision
A few days ago, this video clip was on the 10:00 Abc news and I really loved the way Leah Hope, the reporter summarized the state of today's real estate market. The video explains that in order to sell a home today, the price of your home does not have to be comparable, it has to be compelling. How true is this statement!
In the Long Grove real estate analysis below, it shows that the Long Grove real estate listing prices at the time the contracts were entered into were compelling! Also note that 4 of the contracts were short sales! If you would like to know the sale prices of these homes when they actually close, please do not hesitate to call me!
The above article Long Grove Real Estate- What Long Grove real estate listings went under contract and why? was written by Judy Greenberg, Long Grove Realtor from Coldwell Banker Buffalo Grove
If you would like more information about the Chicago Northwest Suburbs,including Long Grove, Buffalo Grove, Lincolnshire, Vernon Hills, and Lake Zurich please do not hesitate to call me at 847-602-5435 or email me at info@buffalogrovehomes.com.
My websites, www.movetoVernonhills.com , www.buffalogroveareahomes.com and my blog www.judygreenberg.com will provide you all the information regardless as to whether you are a potential buyer or seller!
I love that line, "the price of your home does not have to be comparable, it has to be compelling."
That couldn't be more true in today's Real Estate market.
Craig, that's my favorite line of the week. It is true whether you are a buyer or seller.. whether you buy in the Raleigh area or the Chicago Northwest suburbs.
Judy: I was compelled to write you ... the line's amazing and it perfectly conveys the current state of our real estate markets and the actions demanded to gain a successful sale within it all in one line. I did not know of the local exposure, but it's sure good to hear that positive and constructive reporting was offered during the segment. I hope it proves very beneficial to you and Long Grove both.
Gene
Judy That is a very true statement in this or any market - I like your report layout