Closed home sales in Norridge were up 60% in 2009 as compared to the year before! That's right, 114 homes were sold in 2009 compared to 72 in 2008. With the tax credits and low interest rates, the time really has never been better for buyers. If you are considering selling, you should give this serious consideration.
Yes, it is true that loans are tougher to obtain, but this is a good thing. Loose purse strings is what burst the bubble to begin with. While some have likened the market to a collapse - it is really a correction.
Real estate continues to be one of the best investments out there.