February Delivered Rising Home Prices Despite Reduced Sales Activity in Metro Chicago Real Estate Market, RE/MAX Reports
Summary
The RE/MAX analysis is based on sales data for attached and detached homes gathered by MRED LLC, the regional multiple listing service.Lake County’s average price fell 9 percent, Sales of attached homes generated slightly stronger results than did the detached segment of the market during February.The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of 2,000 sales associates and 100 individually owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services.Lake County’s average price fell 9 percent,Sales of attached homes generated slightly stronger results than did the detached segment of the market during February.The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of 2,000 sales associates and 100 individually owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services.