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    How’s the Spring Real Estate Market in Northbrook-is housing inventory going up?

    Average Sales price NB: $572,660 Up 7%

    Market Time: 64 Days Down 40%

    This shows up in buyer fatigue. They know the routine of new listing goes on market, has an open house then calls for highest and best. Some are discouraged and taking a back seat. Others are cautiously optimistic, pursuing the dream of buying a home.

    Last List closed: 98.2% up 2%

    Month’s Supply: 1.9 Down 58%

    Interest Rates: 5.27%

    What can you do to be successful in this market? Be ready! Get your lender letter, know how to make a strong offer, do you homework on the neighborhoods and schools first. Get some preliminary budget numbers on potential work you might do so when you go into a property you have a ballpark.

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