According to a new report released today from the real estate website Zillow.com, home values decreased 6.6% year-over-year to a Zillow Home Value Index (ZHVI) of $189,600. Values also fell in the short-term, changing -1.1% from August to September. The ZHVI measures the value of all homes, not just those that sold in a particular period.
The online real estate tracker also reported that 12.4% of Chicago homes’ values increased in September, while 82.4% decreased.
A large percentage of all sales in September were foreclosure re-sales (REO sales). Nationally, foreclosure re-sales made up 20.1% of all sales.
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Real estate has the potential to provide you with more income but take note that it will take some time and you’ll face several challenges and not to mention that you will have much competition on this field. However, when you have a seat and learn the how to go about real estate investment, you will see it rewarding.
That's cool they have data from the different small areas within Chicago. I wonder how accurate it is?
Thanks for that data. I hope economy will now be stabilize for all of us.
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Good information. Hope to see improvment soon. Thank you for the post.
Thanks for the idea.Thats a great business.How to become a Realtor?
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I definitely agree with the first comment. Well said.
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As for the real estate purpose this data is really helpful for most of the users.. Good sharing....
Thanks for the idea.Thats a great business. I hope economy will now be stabilize for all of us.
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Thanks for the Informative post! Many individual real estate agencies, real estate groups and even some portals upload their property to Google who then in turn integrate those listings into Google Maps. Google also make their data available for anybody who wants it through interfaces.
Thanks for sharing. This serve as review blog of our fellow real estate investors.
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Real estate is the good investment area but proper analysis of pricing is necessary.
Thanks
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Roger
Thanks for Sharing this informative post. Please update I am curious about the graph.
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Helps a lot! thank you for sharing.
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Andy
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You should employ a real estate agent if you are purchasing a second property. Because real estate agents are familiar with your requirements. They also have a vast professional network and significant industry expertise. They can make it simple for you to purchase a house. Real estate agents that are the best.
A lawyer acts as a middleman between the borrower and the lender. He collects all of the borrowers' paperwork, checks the paperwork, and then sends in the mortgage application. A mortgage broker only gets paid when the loan is paid off. To find Mortgage Brokers Kawartha, go to the Mortgage Intelligence website.
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