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Taken with a grain of salt, the web site, http://realestatestatistics.com/happynews/, reports what seems like positive news about the housing industry.
With all the economic, financial and credit turmoil that seems to be in the news lately, the web site, Happy Real Estate News, discloses actual, reported home sales- and price-related data.
Created and maintain by IMS, a researcher for the real estate industry, the information presented there seems to be a breath of fresh air in what has unfortunately become somewhat dismal situation.
For instance, if you’re a homeowner in Elgin considering a move to Edgewater (or even an Edgewater resident thinking about selling your home), here’s some encouraging statistics:
According to the last update on the Happy Real Estate News web site (September 5th), the number of homes sold in Elgin rose 3.6%. The timeframe of the data on the site is a bit vague, so we’d assume this is for August or possibly July.
Other encouraging news is that the average number of days that a home in Elgin is on the market has fallen by 14.2%. Again, the reporting date was September 5th, so this is likely some late summer data.
In any event, the web site seems to report some heartening news. Take it with a grain of salt, however — the site doesn’t cite its source and, of course, there’s no guarantee your circumstance will be the same or even similar.
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