Chicago is certainly a great town. It has such a variety of neighborhoods, all with their own unique flavors. Professional sports abound with Da Bears, White Sox, Cubs, Blackhawks, Bulls. Museums are everywhere and you can get around on public transportation. Chicago also has a great lakefront, enjoy the day at Navy Pier, one of the numerous beaches or go sailing on Lake Michigan. The inventory of homes has continued to increase which has been putting pressure on home prices. Rates are at a low and the banks are tighting their mortgage qualifications. This is a great time for buyers with more inventory to choose from.

There has been a noticeable slow down in sales of both the single family homes and condo market. The avg days on the market for Condos has gone up to 200 days Buyers are being very particular in what they want and if they are not finding exactly what they want they are moving on to the next property. Developers are offering big incentives to attract buyers and resale properties are being forced to lower their prices and expectations if their property has not sold quickly. As we move into the traditionally active Spring/Summer selling season with lots of left over inventory and new listings coming on the market will put even more pressure on sellers to further lower prices making for advantageous deals for Buyers.

Our list of model homes provides you with photos, prices, and floor plans of available styles in the area. New Homes Realty, Inc. makes finding a new home in Chicago simple and economical. We can help you locate new and resale homes in master-planned communities, adult and retirement settings, and golf and country-club settings. If you currently own land, we can locate a reputable builder to build your dream house. We can also assist you in locating real estate in other areas of Illinois.

Chicago has a variety of new home listings from which to choose from and a New Homes Realty, Inc. agent is ready to help you locate the Chicago Illinois real estate that best fits you needs. By combining the power of the Internet and our own network of real estate professionals, New Homes Realty, Inc. is ready to assist you in every possible way. Whether you are looking for townhouses, condos, luxury homes, or investment properties, let New Homes Realty, Inc. find you a new home in Chicago, Illinois.

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