Vernon Hills Real Estate- What Vernon Hills homes went under contract and why?

By
Real Estate Sales Representative with Coldwell Banker Buffalo Grove- 350 Half Day Road

Vernon Hills Real Estate Recap

Are you curious as to what Vernon Hills real estate homes went under contract in the first 68 days of 2010? Everyone else ( including all my clients) looking in Vernon Hill seem to be!

Whether you are in the market to buy a Vernon Hills home or to sell your current Vernon Hills  home, it is important to keep abreast of market statistics (or at least to work with a knowledgeable Vernon Hills 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 Vernon Hills. 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 Vernon Hills real estate is worth in the  Vernon Hills subdivisions of Centennial Crossing, Deerpath or Sugar Creek.

A few days ago, I was watching a real estate video clip on the ABC news and I really appreciated the way the reporter, Leah Hope, summarized the state of today's real estate market.  In order to sell a home today, the  price and condition  of your home  does not have to be comparable, it has to be compelling. How true is this statement!

In the Vernon Hills real estate analysis below, it shows that the Vernon Hills real estate listing prices at the time the contracts  were entered into were compelling!   Also note that 2 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 or email me. There were 18 homes that went under contract in Vernon Hills since the beginning of the year...

Vernon Hills real Estate Sales

Judy's header

 

The above article   was written by Judy Greenberg, Realtor from Coldwell Banker Buffalo Grove

If you would like more information about the Chicago Northwest Suburbs,including  Buffalo Grove, Lincolnshire, Long Grove, 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.vernonhills-homes-for-sale.comwww.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!

 

Posted by

The above blog post was written by Judy Greenberg.

 

If you are looking to buy or sell a home in the Chicago Northwest Suburbs, you have come to the right place...  Call or text me at 847-602-5435
 
Coldwell Banker Residential Brokerage
350 W Half Day Road  Buffalo Grove, IL  60089
 

Oh, by the way, I'm never too busy for referrals!

 

 

 

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Ambassador
1,009,333
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

If anyone had any questions as to which homes went under contract, and why they did in the Vernon Hills region, you've answered those questions here!

Mar 10, 2010 07:29 AM #1
Rainer
116,716
Noah Levy
Coldwell Banker - Highland Park, IL
Coldwell Banker Highland Park IL

looks like there is a lot of avcivity in Vernon Hills - hope you were a  part of some of these transactions.

Mar 10, 2010 08:18 AM #2
Rainmaker
708,379
Gene Mundt, Chicago-area Mortgage Lender - www.genemundt.com
NMLS #216987 - New Lenox, IL
708.921.6331 - 37 yrs experience

Judy:  The houses are not the only thing in real estate that needs to be compelling ... we real estate professionals better be compelling as well these days!

Gene

Mar 10, 2010 03:25 PM #3
Rainmaker
1,440,984
Tom Braatz
Re/Max Realty 100 262-377-1459 - Oconomowoc, WI
Waukesha County Realtor Real Estate agent,Waukesha

Judy

This was a really good report; I really like the way you explain it all and your chart is superb. You are the only source one needs for real estate in Vernon Hills.

Mar 10, 2010 05:45 PM #4
Rainer
38,396
Stephanie Hofman
Coldwell Banker, Highland Park, IL - Highland Park, IL

Judy, great update! I loved Leah Hope's piece, as well. Some good, simple truths for today's sellers...

 

 

Mar 11, 2010 10:40 PM #5
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Rainmaker
335,567

Judy Greenberg

Coldwell Banker - Buffalo Grove - Long Grove Homes
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