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How's the Market?

Real Estate News of Chicago's North Shore   

October, 2012 

In This Issue
Who represents whom?
In the news
Just the facts...
Highest sales in September
Favorite Fall Colors
10 Best October Vacations
Quick Links
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Best of My Blog
My life in real estate: who represents whom?
October, 2009
"Do you remember the first home you purchased? I do; what an impulse buy. Having been a renter for 3 years, I was tired of mercurial landlords and wanted to have some say on my how my home looked. There seemed to be such frenzy in 1977, as the lower interest rates (8%/30 yr fixed) took hold..."
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In the News....

"Economists are saying it, and now even some Americans are saying it. After falling to depths not seen since the Great Depression, the U.S. housing market may finally be...

"
Is Housing Risen From Ashes? 'Industry Has Come Back'
-CNBC

"Home builder confidence is rising, but many real estate investors have reduced their exposure to the market.  Is the recovery here to stay?"

Do Real Estate Investors See a Recovery? 

-Millionaire Corner

 
"For voters who continue to worry about the recovery of the U.S. housing market, the presidential candidates' virtual silence on the issue is somewhat disheartening..."

Obama vs Romney: Where the Presidential Hopefuls Stand on the Housing Market

-Movoto
"There is no season when such pleasant and sunny spots may be lighted on, and produce so pleasant an effect on the feelings, as now in October."
- Nathaniel Hawthorne
Greetings!

Welcome back to "How's the Market?"  

Can you believe September has ended?  What a gorgeous month we had -- here's hoping that October doesn't disappoint us!

 
Just the facts..

How's the market?Things come across my desk about the state of the real estate market.  Rather than providing a detailed analysis for this month, I thought I would share a couple of these reports that I have recently received.     

This is a report from Chris Eigel and Michael Pierson, of Prudential Rubloff:

"At this stage, the recovery of the housing market is tightly linked to employment growth...."
What's Ahead for the Housing Market  
from the Illinois Realtor Association
 
 
North Shore's Highest Sales in September
 

140 Kenilworth

Kenilworth - 140 Kenilworth Avenue
List - $3,795,000

Sale - $3,250,000 (86%)

Total Days on Market - 51  

                    

Winnetka - 610 Ash Street 

List Price - $1,895,000 

Sale - $1,825,000 (81%) 

Total Days on Market - 45

   

Winnetka - 517 Hawthorn Lane

Orginal List Price - $2,195,000
List Price -  $1,799,000  

Sale - $1,730,000  (96%)

Total Days on Market - 157

Days on Market at Final List Price - 45    


Total of 1 home closed for over $2,000,000 during the month of September:

Kenilworth - 1

(There are currently 199 homes for sale over $2,000,000.)

 

 
Decorating: Favorite Fall Colors  

Twenty-seven designers share with us some of their favorite fall colors, why they like them, and where they like to use them.
     
10 Best October Vacations
remodel kitchen When the seasons are changing, and the days are getting  shorter, why not throw on a cozy sweater and start thinking about a new place to explore?  Fall can be the perfect time for a vacation. The summer crowds are gone, and you don't have to worry about winter weather delays. There are also often great deals to be had, so here is a list of the 10 best October vacations.
 
Featured Listing  

209 Maple Court, Lake Forest

Whether looking for that family home in a wonderfully friendly neighborhood or just wanting to downsize to first floor living, this stunning and beautifully decorated home fits the bill. Nestled at the end of a premier cul-de-sac street, this house boasts gorgeous vistas from every room. There are two bedrooms (or the master and office) downstairs; three bedrooms upstairs.  Nearly an acre, the property has a generous backyard in addition to stunning ravine views. Rarely does one find a house east of Sheridan Road at this price -- an amazing value.  Three car garage and terrific storage!

 

Move right in and enjoy your new home!

  See all the details about this beautiful home...    

 

5BR/3.1 Baths  

Price:  $1,290,000

 
As always, if there is any way that I can assist you with your real estate needs, please don't hesitate to call or write!

  

Enjoy this month -- we know what's coming!

 

Ann 

 

R. Ann Jones,

Broker Associate 

Prudential Rubloff Properties

 


Details Make the Difference!

 

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If your property is currently listed for sale with an agent or broker, this is not intended to be a solicitation of that listing.