Providing exceptional service to real estate
buyers and sellers in NW Illinois since 1992.
Let our experienced Realtor® agents achieve YOUR goals
for property in Lake Carroll, Jo Daviess, and Galena Illinois!

issue-goats
2010 MARKET STATISTICS
2010 Profile of Illinois Home Buyers and Sellers

93% USED THE INTERNET TO SEARCH FOR HOMES
9% SHORT SALES

BUYERS WHO CARE ABOUT COMMUTING COSTS:
  • Very Important 41%
  • Somewhat Important  44%
ONLY 9% OF PURCHASED HOMES WERE NEW CONSTRUCTION

22% OF BUYERS WERE SINGLE FEMALES

11% OF BUYERS WERE SINGLE MALES

82% OF SELLERS USED A REAL ESTATE AGENT

62% OF SELLERS REDUCED ASKING PRICE AT LEAST ONCE

8 YEARS: The length of time typical Illinois seller owned home

30: The age of the typical first time buyer

42: The age of the typical repeat buyer

TOP 3 THINGS BUYERS WANT FROM AGENTS:
  • Finding the right home 53%
  • Negotiating the terms of the sale 13%
  • Negotiating the price 10%

METHOD OF HOME PURCHASE:

  • 85% Through real estate agent or broker
  • 4% Directly from builder or builder's agent
  • 7% From previous owner
  • 4% Foreclosure or trustee sale

53% OF BUYERS WERE FIRST - TIME BUYERS
85% OF BUYERS PURCHASED HOME THROUGH A REAL ESTATE AGENT/BROKER
50% OF BUYERS FOUND AGENTS THROUGH FRIEND OR FAMILY REFERRALS
95% OF BUYERS FINANCED HOME PURCHASE

LEVEL OF SERVICE PROVIDED BY LISTING AGENT:

  • Broad range of services 85%
  • Limited set of services 3%
  • Agent listed on MLS, performed few additional services 12%


Information based on Illinois Association of Realtors-April 2011



 




 


Fawnridge Realty & Land

Promote Your Page Too
Share

Powered by Copper Horse Designs


Post a Blog