1st quarter ‘08 update for Arlington Heights homes and Real Estate:

Single Family                                        Condo/Towhomes
Active listings:  416                              Active listings:  439
Under contract:  65                               Under contract:  40
Sold & Closed:  35                                Sold & Closed:  40
Average days on market:  187            Avg days on market:  182

More Arlington Heights homes and Real Estate are starting to go under contract, but there are still way too many listings keeping us in a buyer’s market.  Over the next few months, we’ll get a better feel for how the entire year will end up.  The Winter was brutal, but there are already many more buyers out looking recently. Interest rates are fantastic again on 30 year fixed loans, and if you price your home accurately you will sell it.