Michael Forsythe acquires 14724 S. Arboretum Drive, Homer Glen, appraised at $425,000

The home at 14724 S. Arboretum Drive, Homer Glen was sold on June 5 by Egidijus Tamasauskas for $425,000.

The buyer was Michael Forsythe.

The property tax paid for this property in 2022 was $5,808. This is 1.4% of the sale price of the home.

This property is one of 36 sales in Homer Glen (Will County) from May 5 to June 5.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.