Hanover Park IL Real Estate - Market Improvements for August 2012
By Lyn Sims and the Blog Dog
(Now Retired! Streamwood, Elgin IL Real Estate)
Hanover Park IL Homes - Hanover Park IL Real Estate - Housing Market for August 2012 Looking for current and concise market information for Hanover Park IL Homes? You've come to the right place and I've actually been seeing a distinct improvement for the last 15 months. Interest rates have never been lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Hanover Park IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 23% less in housing inventory then we did a year ago. With too many homes on the market that makes it more competitive and prices are forced downward, this is what we have experienced in the past. Another indicator that the H...
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