Where is the real estate market?

The National and Local markets

National

While we saw good appreciation in 2013 it's certainly not time to bring out the trombones.
The 2013 overnight interest rate jump of 1% was stifling to market growth. 2015 will be the year to watch the interest rates.
They now (Nov. 2014) hover at 4% for a 30 yr. fixed loan

During the course of a year windows of opportunity come and go. These windows are influenced by supply and demand, economic factors, and weather related issues. Sometimes they open slowly and most often they slam shut rather rather quickly, as they did in 2013 when interest rates jumped a percent overnight.

Contact the Bakers when considering selling your home.

Coldwell Banker Residential Brokerage | 4192 IL Rt. 83 Suite F. | Long Grove IL 60047

Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.