Change in western suburbs median home prices 2011-2012.
A home lot available in West Point Gardens community West of Nesler Road in Elgin. October 4, 2012 | Michael Smart~Sun-Times Media
House near West Highland Avenue in Elgin is sold. October 4, 2012 | Michael Smart~Sun-Times Media
A home along Douglas Avenue in Elgin for sale. The housing market is along way from total recovery. October 4, 2012 | Michael Smart~Sun-Times Media
Deavay Tyler, Executive Vice-President at A & D Property Services, Inc., manages foreclosed homes for banks. Wednesday, September 26, 2012. | Scott Stewart~Sun-Times
The changing landscape can be seen for miles while floating in a ReMax hot air balloon above the Algonquin/Lake In The Hills area in August of 2007. 8/17/07 | Sun-Times Media~File Photo
Sales of existing single-family homes in the Chicago area rose 24 percent in September compared with the same month a year earlier, according to the Illinois Association of Realtors. | Michael Smart~Sun-Times Media
Deavay Tyler, Executive Vice-President at A & D Property Services, Inc., manages foreclosed homes for banks. Wednesday, September 26, 2012. | Scott Stewart~Sun-Times
Deavay Tyler, Executive Vice-President at A & D Property Services, Inc., manages foreclosed homes for banks. Wednesday, September 26, 2012. | Scott Stewart~Sun-Times
The continued high level of foreclosure properties is slowing the comeback of the housing market, according to industry experts.|AP File Photo
When the housing market gets back on its feet, how will we know? Will it be when somebody finally fixes up the abandoned house down the block? How about when that stubborn neighbor gets his price on the house he’s listed for two years? Others …