Chicago Suburbs Home Sales

November 2008 brought another decline in home sale across Chicagoland. It seems like most of the region was put on a "fire sale" with bank foreclosures leading the way, some priced 30% and 40% below comparable homes in the area. Not every Chicago suburbs suffered losses however. For detailed home sales data from Arlington Heights, please visit my Arlington Heights home sales website.

Low prices the foreclosed homes are sold for, attract savvy real estate investors. Many of them buy now to wait for 2-3 years and cash in when the market is up big time. If you think of investing in a foreclosed property, please visit our website on Northwest Chicago suburbs foreclosures.