Trends of the real estate in Huntley IL
Huntley, The Friendly Village with Country Charm, is a rapidly growing village in Illinois with a population growth rate of 350% from the year 2000. It offers a combination of a strong business network along with a suburban residential atmosphere to make it in to a haven for living and working.
The Huntley IL real estate http://www.realestateinhuntleyil.com industry is also a victim of the faltering economy and like many other cities is struggling to retain its place. A spacious four bedroom house in the Huntley IL area costs even less than $400 k while a three bedroom house is available at an average list price of $320 k only. The average listing price for a one bedroom home in Huntley IL is about $160 k, while a two bedroom one would cost about $80 k more. In a similar fashion to other cities and towns of the state, Huntley houses’ market value is also showing a negative trend with the current value being at $259 k only.
Though it is a challenging time for the Huntley real estate http://www.realestateinhuntleyil.com industry, it is boom time for the buyers. The low prices are attracting more and more people and the latest trend to have caught on in Huntley is of custom homes built as per the home owners design and available in virtually each new development and neighborhood of the area.
Experts at Weichert Realtors http://www.squidoo.com/huntley-real-estate say that this is a good time for people to buy their dream homes because the prices are so low. Weichert Realtors also offer property listings, home valuation tools, advice on mortgages and insurance and many other real estate associated services though their 500 offices spread across the state having more than 18,000 sales representatives, and help in finding the right homes that suits both tastes and budgets.
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