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There is a condo development in Lisle Illinois named Four Lakes...
Set between lakes and hills, this beautiful development holds more than 1000 condos.
Well known for it's ski hill, Four Lakes also boasts swimming pools, tennis courts, and even several beach volleyball courts...
If you need to take a break after skiing or volleyball, there is a pub at the bottom of the hill named "The Lodge"...
Four Lakes is a great place to live.
My question is this...
If the $8000 first time home buyer tax credit is working, why aren't these homes selling?
With prices ranging from $60,000 to just under $200,000, these condos would seem ideal for first time home buyers...
Yet there are 99 homes for sale in Four Lakes. Thirteen are currently under contract. Not a horrible ratio, but considering the tax credit is expiring on November 30th (just about two months away), I would expect more of these homes to be selling...
I hear other agents saying how busy they are because of the tax credit, but I am not so sure...
I honestly haven't seen it. People move when they want to move. Not because of a government incentive...
So what do you think? Is the tax credit really working?
Ken
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As of 03/24/09, there are 60 homes for sale in Four Lakes subdivision in Lisle, ranging in price from $75,000 to $219,000. Visit Lisle real estate site and view all real estate listings in Lisle, Illinois including Lisle foreclosures, short sales and bank owned real estate listings.
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Four Lakes Condominiums, home of tennis courts, running paths, ski hill, beach volleyball, fishing, trees and scenery rarely found in the suburbs of Chicago. Just an easy 10 minute drive to all that downtown Naperville has to offer. Homes range from studios, one and two bedrooms condos. The homes range in price from $81,900 all the way up to $227,900 for one of the rare three bedrooms.
If you would like to see a home or would like more information:
Call me at 630-697-0536,
or email me at kentracy@kw.com
Thanks,
Ken
To find a condo in Four Lakes, go to my website anytime.
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