Ashwood Park, Naperville, IL - Price trends?

Profile picture for chicago_resident
Any one knowledgeable about this community in Naperville, IL? The home prices are around 800K and over. I don't see them dropping much, may be 10% so far. What trends do you see in this community? Can I expect to see 25% drops in a year or two?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

May 28 2008 - US
 Email Share
 RSS

Replies (1)

Profile picture for jal74

Given that an $800K house needs about $250 to $300K income to get to a normal DTI ratio and the fact that the median 2007 income in naperville was $117K and the state median income was 78K, I think its a pretty good bet that prices will continue their decline.  Btw - a 15% decline from 800K is $120K - thats a lotta moolah

 

Regards

  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

May 28 2008
 
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion
Related Discussions
Profile picture for Michael Emery
DiscussionScams and Fraud
  • Last reply by Michael Emery
  • October 14 2010
Profile picture for wetdawgs
DiscussionLooking To Buy For The First Time
  • Last reply by wetdawgs
  • 22 minutes ago
Profile picture for user6174516
DiscussionForeclosure Properties
  • Last reply by user6174516
  • 4 hours ago
Profile picture for AlonyaRenee Knight
DiscussionSeller not real home owner, under contract with real seller
  • Last reply by AlonyaRenee Knight
  • 7 hours ago
Discussion(Moved): 1st Time Buyer & VA
  • Moved by Moderator
  • 11 hours ago
Related Articles
GuideResources for Buyers
GuideBuyer's Roadmap
GuideHome Inspection
GuideMiami Real Estate's Global Reach
GuideFlip Homes for PROFIT
Mortgage Rates
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy