Wednesday, March 14, 2012

Home values appreciate in well-liked Glen Ellyn

Homes in west suburban Glen Ellyn have appreciated an average of18 percent in the last two years, according to First United Realtors.

"Since interest rates began a downward trend about two yearsago, the value of Glen Ellyn homes has increased tremendously," saidSusanne Hotte, sales manager of the firm's Glen Ellyn office.

"Although the supply and demand has balanced out somewhat, ayear ago the demand for homes with a Glen Ellyn address contributedto the significant increases in home values here," Hotte said.

The Glen Ellyn office reports a brisk …

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