Stan Sieron Quotations
Stan Sieron Quotes about:
-
Appreciation Quotes
Price appreciation continues to be favorable in Illinois while we're beginning to see a shift to a more balanced market from one that heavily favored sellers for the last several years. We are predicting a solid year for Illinois. Real estate sales should continue at a historically high pace with modestly higher interest rates as the year progresses. Strong demand fundamentals remain in place for the Illinois housing market.
-
Across Quotes
The housing market continues to be a bright spot in the Illinois economy. Residential real estate market activity has remained high despite interest rates inching upward. We are seeing increasing inventory across the state, so we should expect to see a greater balance between supply and demand in the coming months. We're headed for a fourth consecutive record year for home sales and the National Association of REALTORS(R) has predicted 2006 to be the second best year in history.
-
Above Quotes
The Illinois housing market continues to be a solid driver of the state's economy and, in 2006, REALTORS(r) anticipate strong demand for homeownership and favorable price appreciation. Home sales in Illinois tend to follow a seasonal trend with the strongest months being April through September, so it's no surprise that fourth-quarter activity over the holiday months was slower than previous periods. For the quarter, rates inched up above six percent and this combined with mild job and economic growth factored in as well to homebuyer decisions.