TODAY'S MARKET OUTLOOK! Northwest Chicago Suburbs, Schaumburg IL Areas EVERY REAL ESTATE MARKET IS LOCAL. ASK A SEASONED REALTOR, LIKE LYN SIMS, WHAT'S GOING ON LOCALLY! This time may be your "best opportunity" market in years! Mortgage interest rates are low and prices in Northwest Illinois are still holding fairly well, generally area prices are flat. The median price home sale in Illinois is actually UP at $198,768*. The Chicago Median Price for a home is $264,271* which is also UP. NOT EVERYWHERE IN EVERY NEIGHBORHOOD ARE PRICES FALLING. That's why I'm saying the real estate market is local - it even makes a difference from subdivsion to subdivision in every single town! But, over time and the long haul, no investment comes close to real estate so now is a great time to buy, ...
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