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ONE WEEKEND IN CHICAGO, APRIL, 2009 - Is The Tide Beginning to Turn?

Sunday evening, folks, here in Chicago!  A warm night - warmest it seems we have had in months!  Nearly 70 degrees!

And a hot weekend for showings on our Team's listings!

Nearly a dozen showings, several on those that haven't been shown with such intensity in weeks.  One offer coming in.  Another in negotiation.

A short sale deal left for dead - back to life!

Three qualified buyer interviews - three Exclusive Buyer Relationships formed!

Is something happening, folks, here in Chicago, and perhaps where you live?  New life in the market?  More showings?  More interest?  New offers?

According to Reporter Mary Ellen Podmolik in today's Chicago TribuneMarch, resales of IL single-family homes and condominiums posted monthly-gains for the second consecutive time.  For the first time since last June, the Median Home Price across IL actually rose last month.

In Cook County, the County that includes the City of Chicago, home resales jumped 38% versus February, to 2,409 homes sold county-wide.  This is a far cry from one year ago, however, when 3,432 homes sold in March, 2008 across Cook County.

Suburban Chicago Counties showing the biggest month-over-month sales jumps were Lake County, north of Chicago - sales there jumped 65% in March, and Kendall County, far west of Chicago, where sales climbed 51% in March versus February.

So, I gotta know if it's just me - if I am just imagining this thing!

This spurt of interest in Real Estate - is it real?  Is it lasting?  Is it happening all over?

Please share!

DEAN & DEAN'S TEAM CHICAGO

Comments

Dean, What a wonderful weekend you are experiencing! Hope the Tide continues to Turn. Great activity. Much continued success

We had one hot weekend...today it hit 90 degrees.

Posted by HomeRome Realty Author:Real Estate the Rome Way 410-530-2400 almost 3 years ago

Somethin's Happenin' here..  what it is ain't exactly clear... But, It's GOOD.. Carry On !

Posted by Ted almost 3 years ago

Hot here too, in the 90's - unusually  warm for this time of year.

Thing have been dead for many months and this weekend my husband,  Bill Lauler ( the best in Fairfax County) is working 3 separate transactions.  Good grieve Charlie Brown, spring has sprung and so has the activity in the real estate market.

Posted by Nancy Lauler (Annie Lauler Corporation) almost 3 years ago

I had a fabulous week myself....lots of activity, several offers, 3 went together so far, a new assitant that is kicking $#%%, back in the pool, back to eating right...A GREAT WEEK!

Posted by Pat Tasker, Your Milwaukee Metro Area Agent (WI) (Shorewest Realtors) almost 3 years ago

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