Spurred by Low Interest Rates and Attractive Prices, Home Buyers Opting for More Expansive Residences These Days, Report RE/MAX Agents
Summary
With interest rates at their current level, its almost like buying a home at half price," said Ellen Silverman, a broker with RE/MAX Vision 212 in Chicago.Tyler Fuhr, an agent with RE/MAX Blackhawk Valley in Andalusia, Ill., reported that even first-time buyers in the Quad Cities market he serves are taking advantage of these low interest rates and prices to buy larger homes.In the last two to three years, he said, it has become more difficult to sell traditional starter homes, residences that in the Quad Cities area generally list for $80,000 to $100,000.In the last two to three years, he said, it has become more difficult to sell traditional starter homes, residences that in the Quad Cities area generally list for $80,000 to $100,000.They’ll want one for each child, one for themselves and that extra bedroom for a guest or an office.” Contact Information RE/MAX Northern Illinois Laura Ortoleva 847-428-4200 www.illinoisproperty.com Click here to view the list of recent Press Releases from RE/MAX Northern Illinois Promote Your Business Press Release Pricing Email this page to a friend