After the Tax credits expire...

May, 2010.. Naperville Inventory of homes for sale is about 959 homes, with an average market time of 227 days.. Even the lowest price range for detached single family homes is still above 150 days. $500-550,000 range has an average market time of 223 days..

Rates remain very affordable. The question still is will there be a 2nd downturn in housing prices..

Estimates of the shadow inventory range from 5-7 million homes that might come to the market in terms of foreclosure.