ResalesIllinois Towns Offer Rivers, Lakes and Nearby Chicago
The towns of Cary, Fox River and Crystal Lake, Illinois are small growing communities that offer rivers, lakes and nearby Chicago.
Crystal Lake, Fox River Grove
"Crystal Lake is a growing community with a variety of housing styles and prices and many area amenities including it"s own beautiful lake, shopping and restaurants," says Realtor Debra Kukulski, "Crystal Lake is the central community in McHenry County with a variety of housing styles and price ranges including resale homes and many new construction communities. The average price for a single family home is approximately$235,000.
She explains, "Over the last 180 days, 363 single family homes have closed, with an average market time of 109 days and an average sales price of $255,872 and an average list price of $262,912. As of 4/25/03, per MLSNI, there were 433 Listed Single Family homes, with an average market time of 130 days and an average list price of $319, 919."
Fox River Grove is a quaint, small town with the Fox River running through it, and an easy commute to Chicago with its own Metro Station, says Kukulski.
"Fox River Grove is a small town along the Fox River with a variety of housing styles and price ranges," says Kukulski. "Waterfront properties are at a premium. The Fox River is navigable north to the Chain of Lakes. Fox River Grove has its own grade school and junior high, and shares its high school with Cary. Both county-type properties and subdivision-style living is available.
She advises, "Over the last 180 days, 40 single family homes have closed, with an average market time of 137 days and an average sales price of $296,083 and an average list price of $304,542. As of 4/25/03, per MLSNI, there were 33 listed single family homes with an average market time of 96 days and an average list price of $326,333."
Cary
img border=0 align=left hspace=10 width=40 height=50 src=http://homeownernews.com/nls/lookupbyid/DebbieVersgrove/$file/DebbieVersgrove.jpg> Says Realtor Debbie Versgrove, "The housing market looks promising! The "spring market" in the McHenry County area has already started. Sellers are putting their homes for sale early this year."
Advises Versgrove, "Because of the uncertainty of how world events will effect the interest rates and the economy in general, homeowners are making their housing decisions now. The median prices of existing homes made moderate-to-strong gains in the first quarter in metropolitan areas. The average price of homes in Cary has risen based on four new housing developments. The average price of homes currently listed is $298,000 (this is including new construction). The average sale price for Cary is $240,000. The already historically low 30-year fixed mortgage interest rate levels may rise in the second half of the year. The consensus is that it will take a while for the economic recovery to stabilize, so the Federal Reserve is unlikely to raise interest rates before late summer."
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