Market Conditions in 60631 : Real Estate Advice

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Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
We have a home that's been on the market for quite a long time. Should we rent it and then relist later?
Kris
Stop the music!
Where is ELVIS?
The market is tanking....are you high?
Price it to sell..or take a loooonnnngggg vacation.like four or five years....
Look at the stats...I may ... more
0 votes Share Flag Sun Nov 9, 2008 Market Conditions in 60631
Eric Marcus, Real Estate Pro in Chicago, IL
Eric Marcus answered:
What is the absorption rate for 3 bedroom condos in 60631?
In the last 12 months in 60631 there have been 6 sales of 3 bedroom condos. Right now there are 8 active 3 bedrooms for sale. This would yield an absorption rate of 16 months. This ... more
0 votes Share Flag Thu Jun 19, 2008 Market Conditions in 60631
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