With all the economic, financial and credit turmoil that seems to be in the news lately, the web site, Happy Real Estate News, discloses actual, reported home sales- and price-related data.
Created and maintain by IMS, a researcher for the real estate industry, the information presented there seems to be a breath of fresh air in what has unfortunately become somewhat dismal situation.
For instance, if you’re a homeowner in Chicago considering a move to Eastgate Village (or even an Eastgate Village resident thinking about selling your home), here’s some encouraging statistics:
According to the last update on the Happy Real Estate News web site (July 17th), the number of homes sold in Chicago rose 3.1%. The timeframe of the data on the site is a bit vague, so we’d assume this is for June or even May of this year.
Other encouraging news is that the average number of days that a home in Chicago is on the market has fallen by 2.9% (according to August 18 data), while the average Chicago home’s value rose 1.4% (reported September 5th).
In any event, the web site seems to report some heartening news. Take it with a grain of salt, however — the site doesn’t cite its source and, of course, there’s no guarantee your circumstance will be the same or even similar.