It is recommended that you view at least three to six houses before making a purchase. This allows you to compare different types of homes and decide which one fits your needs and budget the best. Advice from a real estate agent can also be beneficial in helping you make your decision. However, it is important to note that the number of houses you view may depend on the market and how many are available or how long you have been looking. It is recommended to work with a local real estate agent who can provide you with more specific advice tailored to your unique situation.
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Based on the available information, the Northbrook real estate market appears to be stable and growing. The percentage of traditional home sales in Northbrook increased by 1.2% from December 2022 to January 2023, and by 0.1% from January 2022 to January 2023, which is a good sign for the market [1]. In terms of market trends, the 2023 national housing forecast predicts that home price growth will continue to slow down, with a projected growth rate of 5.4% for the year [5]. It is worth noting, however, that foreclosures in January 2023 were up 36% from the previous year, although only up 2% from December 2022 to January 2023 [1]. Overall, it appears that the Northbrook real estate market is currently stable and growing, but it is important to keep an eye on foreclosure rates and any other potential market changes.
Sources:
- https://www.teambowersrealtors.com/reports/Northbrook/how-is-the-real-estate-market-doing/
- https://www.realtor.com/research/2023-national-housing-forecast/
