Vernon Hills real estate can share some good news in January, both home sales volume and prices are up. The real estate tracking website Trulia.com displays data for the three week period from December 28th through January 18th that is quite positive with regards to Vernon Hills real estate. Sales are up over 30% for this three week period compared to a year ago, and the average price per square foot is up more than 6%. This is positive news indeed.
What’s driving Vernon Hills real estate sales? Most likely the answer is timing. Mortgage rates have been under 4% for 8 weeks now, which is relatively unheard of. As the news gets more and more positive with regards to real estate there is no doubt that rates will begin to sneak up, which has many who have been considering buying Vernon Hills real estate jumping off the bench and into the game.
Contact me, Sharron Kelley, today to examine whether now is the time for you to buy a home in Vernon Hills. As an experienced Vernon Hills REALTOR® it is my mission to stay informed about market conditions throughout Northern Illinois. Let my knowledge work for you!
As a Vernon Hills REALTOR® I take pride in providing information about what is going on in Vernon Hills, whether it is about homes, festivals, concerts and more. If you would like more information on Vernon Hills Real Estate, contact me, Sharron Kelley at 847-465-3638 or email me at Sharron@NorthernIllinoisHomes.com. Visit my website www.NorthernIllinoisHomes.com for all of your real estate needs.
