Each month and each quarter the numbers keep improving.  Inventory is dropping rapidly with first time buyers snapping-up some great deals in the market. Lawrence Yun, chief economist for the National Association of Realtors said we’re now at ” the leading edge of first time buyers responding to very favorable affordability conditions, and an $8,000 tax credit.”

Chase Real Estate is also seeing a significant number of buyers making offers on property listed. The units selling right now are:

1. Priced correctly at current market levels

2. Remodeled nicely to compete with other inventory

3. Located in areas where demand was high two and three years ago (DuPage)

If you position yourself properly this will be the best year to invest in real estate.

Christian Chase

Foreclosure Acquisitions

630-527-0095

Tags: foreclosure illinois

This entry was posted on Tuesday, May 12th, 2009 at 5:53 pm and is filed under Foreclosure News . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.