Wednesday, July 13, 2011

Don't be scared of the data mistakes

I was disappointed to hear in the news that the Illinois Association of Realtors had over estimated the median home prices in Chicago for condos. The end of the Trib article said that the National Association of Realtors may also be revising their data later this summer. On one hand, I don't like the idea that the organization has made mistakes. But I also feel like I'm not crazy, because I read these reports and the news doesn't jive with what I see in the market place on a daily basis. The prices are down in most areas. This week, however, I had 3 listing appointments. Buyers and sellers are thinking, "I better take advantage of the buying opportunity now, before I miss out. I will take the lumps on the sell and get it over with."  Real estate is local right down to specific neighborhoods. Don't base your life decisions on the news.

Monday, July 11, 2011

Sold! 1209 Woodview Drive, Prospect Heights

$551,500.  Congratulations to Natalya, Gennadiy, Ken and Andre. Best of luck in your new home!

Wednesday, June 29, 2011

Chicago Made the List

10 cities where buying beats renting

Affordable homes are the upside of the continuing crisis in the housing market. Here are places where it could make more sense to buy.
By U.S. News & World Report
9 of 12
Downtown Chicago © Siri Stafford/Getty Images
Chicago
  • Projected home price growth over the next five years: 30.3%
  • Foreclosure rate: 0.19%
  • Projected job growth: 2.3%
  • Unemployment rate: 9.2%

Chicago sits in the middle ground between renting and buying, and experts say that in these kinds of markets, the determining factor is more likely to be personal finances than home prices.

Monday, June 27, 2011

Tuesdays in the Park

Come on down to Village Green where Tuesday evenings they have free live music in the park and vendors selling food. The kids can play on the playground while you and your friends hang out. Weather should be good this week. See you there!


The sounds of music will fill Village Green Park with the return of Park Fest, the free concert series that starts on June 7. Concerts begin at 7pm, and food service from area vendors begins at 6pm. The Northbrook Park District presents the following lineup this season:
June 7 – Bopology (swing/jazz), restaurant: Piero’s Pizza
June 14 – Billy Croft & The 5-Alarm (country/rock), restaurant: Once Upon a Grill
(The concert will start at about 7:30pm, after the Northbrook Rotary Riverchance: Rubber Ducky Race at 7pm.)
June 21 – World Class Noise (funk/rock/soul), restaurant: Chicken Charlie’s
June 28 – Out of Control (Top 40/club dance), restaurant: My Pie
July 5 – One Foot in the Groove (classic rock), restaurant: Open Kitchens
July 12 – Od Tapo Imi (pop/rock/tropical), restaurant: Whole Foods Market
July 19 – Final Say (timeless favorites), restaurant: Lou Malnati’s
“We’re bringing in some exciting new performers this year, and all ages are welcome to attend the concerts,” says Lacey Hayes, Leisure Services Supervisor with the Park District. “We try to offer a wide range of music to appeal to everyone.”
Village Green is located at the corner of Shermer and Meadow in downtown Northbrook. In case of rain, call the Weather/Activity Hotline at 847•291•2985 for updates.

Friday, June 24, 2011

I'm available by phone!

To my loyal clients:
When I drove last night between Wilmette and Northbrook, downtown Northbrook was a ghost town. The businesses on Shermer were shut down with no power and Dundee Rd was still closed east of Pfingsten.
I've been taking my laptop to my neighbors who has Internet. While we didn't lose power, our Comcast is still out. My smart phone can receive emails, but that's it right now. Feel free to call my cell at (847) 477-4825. I'm available this weekend to show homes. Don't hesitate!! Have a nice weekend! Caroline