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Apara Leekha
312 967 6732312 967 6732

Real Estate Trend in 2019

Home Prices Are Rising Slowly . . . With Less Offers

Unless you’ve been living under a rock, you’ve heard that during the course of 2017 and early 2018, home prices made a giant 10% jump. Wow! This year, however, may be a different story. Home prices are estimated to rise in 2019, but at a much slower pace.

What’s the reason? Well, part of the slowdown is due to increased mortgage interest rates and another part is because of overall economic uncertainty. That combination is enough to discourage many buyers who are on the fence about purchasing a home.

But there are still eager buyers in the market, and many of them are looking for newly built homes.

What’s the bottom line? Expect the new construction that is available to go for a higher price.

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About Aparaha

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Apara Leekha

apara.leekha@gmail.com

312-248-6661312-248-6661 main

312 967 6732312 967 6732 office

Property Economics Inc

850 E Higgins Rd, Ste 125G Schaumburg, IL 60173

My Past Sales

Latest Real Estate

49 Stanton Court, Unit Number A1

Schaumburg, IL

  • 3 Beds
  • 2 Baths
  • 1,200 sq ft
  • -- lot
  • $1,825

602 Stone Circle Court, Unit Number V2

Schaumburg, IL

  • 2 Beds
  • 2 Baths
  • -- sq ft
  • -- lot
  • $1,595

1835 Cannon Court

Schaumburg, IL

  • 3 Beds
  • 2 Baths
  • 1,268 sq ft
  • 8,097 lot
  • $289,900

161 Bright Ridge Drive

Schaumburg, IL

  • 2 Beds
  • 2 Baths
  • 1,100 sq ft
  • -- lot
  • $159,000