February 2012 
There are 2 blog entries for February 2012.
Homer Glen Real Estate 2011 Sales Statistics
Thursday, February 16th, 2012 at 10:41am. 291 Views, 0 Comments.
The table below shows the difference between the sale of Homer Glen homes in 2011 vs. 2010.
| # of Homes Sold | % Change | Average Sale Price | % Change |
| 2011 | 2010 | 2011 | 2010 | ||
| 139 | 128 | 8.6% | $317,170 | $336,531 | -5.8% |
Like many surrounding suburbs, the amount of sales went up in 2011 compared to 2010. There was an 8.6% increase in single family Homer Glen homes sold.
Like many other towns Homer Glen showed a 5.8% decrease in average sales price. Some areas are showing double digit decreases so it could be worse, but prices are still dropping.
This means that if you're a buying in Homer Glen this is a great time to make that purchase with current low interest rates and low
…Negative Home Equity by State
Thursday, February 2nd, 2012 at 3:47pm. 190 Views, 0 Comments.
I rarely give out links to other websites as I usually present local real estate statistics and things that I can write a full blog post on my own without outlinking to other sources. But I happened to find an interesting article with a map showing negative home equity in all 50 states.
Since I own an Orland Park home (a Homer Glen home with an Orland Park address) plus own a 2nd home in Scottsdale, AZ, it was interesting to see how those states stacked up.
When you link to the map, you'll notice that Illinois has 21-30% of negative equity mortgages. This means that 21-30% of Illinois home owners that have a mortgage owe more than what their home is currently worth.
In Arizona, that figure jumps to 41% and up, which was not surprising.
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