how much are property values going to decline in itasca, il

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May 18 2011 - Itasca
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Profile picture for Philip_Chicago
If anyone could predict such things they would be rich. The problems we are having have a lot to do with simple supply and demand. For more than 4 years the supply of property keeps increasing because of short sales and foreclosures and the demand is small because lenders have tight standards/the economy is difficult and people are just nervous.
Until these issues start to change it does not matter how nice the schools are, how close to transportation/ohara or anything else. Prices will stay this low or go lower.
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May 19 2011
Profile picture for BobBrandtRealtor
Itasca is a strong town with great expressway and train access and close to O'hare. A very desireable place to live. The supply of homes here is usually in demand. Beyond that, we'll have to wait and see.
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May 19 2011
Profile picture for SoCal Appraiser
Only the shadown knows...
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May 18 2011
 

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Profile picture for Philip Sencer
Questionhow much are property values going to decline in itasca, il
  • Latest answer by Philip Sencer
  • May 19 2011
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