I Wonder If This Is The New Zillow?

Berg Properties a Chicago, Illinois real estate company now offers interactive market trends graphs for homebuyers in the Chicago area. Like Zillow, I am sure there may be inherent errors in the system, but it's still a good tool for anyone who wants to better determine current real estate market conditions.

The trends that are tracked are:

• average days on market
• median price
• median inventory
• mediaan price per square foot.

The data is provided by a third-party service that scours the Internet for the data and updates once a week. Though it's not a replacement for the valuable services that agents provide, it's a good tool that your clients can use before they take the leap into real estate. Take a look at it here and tell me what you think.

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