Suburbs

Naperville houses for sale by number of bathrooms

Thumbnail image for Naperville houses for sale by number of bathrooms April 16, 2010

Need a house with 3 or more full bathrooms? You might want to look in Naperville where 43% of houses for sale have 3 or more bathrooms.* After my recent blog post, “Naperville 4 bedroom houses for sale“, a Naperville dentist wrote a comment asking about the distribution of houses for sale by number of Click to continue...

Naperville 4 bedroom houses for sale

Thumbnail image for Naperville 4 bedroom houses for sale March 24, 2010

Last Saturday I showed eight Naperville 4 bedroom houses. Shown below is the price distribution for Naperville 4 bedroom houses for sale.* Prices start at $200K with most 4 bedrooms houses priced between $300K and $600K. The median sale price for the past year was $420K, down 5.6% from the prior year. Currently Naperville has Click to continue...

Rogers Park 3 bedroom condo prices well below those in neighboring Evanston and Edgewater

Thumbnail image for Rogers Park 3 bedroom condo prices well below those in neighboring Evanston and Edgewater February 7, 2010

Tonight I’ll be watching the Super Bowl at a friends’ home in Rogers Park. Compared to neighboring Evanston and Edgewater, Rogers Park has very attractive home prices! I recently listed 7612 N Rogers #2 in Rogers Park. It’s a beautiful 3 bedroom 2 bath condo with a garage just a couple of blocks from the Click to continue...

Park Ridge house sales explode under $300K

Thumbnail image for Park Ridge house sales explode under $300K December 5, 2009

This afternoon I’m showing a buyer a house in Park Ridge. The chart above shows the distribution of Park Ridge houses sold in the past year compared to the previous year. The green bars show this past year’s sales. The black outline bars show the previous year’s sales. For both years the price range with Click to continue...

River Forest not as expensive as you might think

Thumbnail image for River Forest not as expensive as you might think November 20, 2009

Today’s Chicago Tribune had a good article on the near western suburb of River Forest, “River Forest: Standing the test of time“. With an average price of River Forest homes for sale in the low $800Ks, many people might not think that they could afford an average home there. Yet, as the chart below shows, Click to continue...

Glenview house sale prices drop the least in the middle of the market

Thumbnail image for Glenview house sale prices drop the least in the middle of the market November 14, 2009

The average sale price for Glenview houses sold during the past year compared to those sold during the previous year is down over 24%. Part of why the average price is down can be attributed to more sales of 2 bedroom or less houses and less sales of 5 bedroom or larger houses. As shown Click to continue...

Good article on Morton Grove in Chicago Tribune

October 23, 2009

Today’s Chicago Tribune has a nice article on Morton Grove, one of the near north suburbs. As the article, “Morton Grove: Easy to get to, easier on the wallet” suggests you get more home for the money in Morton Grove than in several of the near north suburbs. It isn’t that Morton Grove doesn’t have Click to continue...

Forest Park north of I-290 worth a look!

October 14, 2009

Today a woman called me about selling her condo in Forest Park. It’s at The Residences of The Grove, a newer condo development just north of I-290 and next to the Blue Line. As I’ve written before, I think the portion of Forest Park north of I-290 has a lot going for it. Homes in Click to continue...

Cook County sees uptick in house sales between $650K and $700K

October 8, 2009

While looking at sales data as I write my market outlook for the latest issue of “Maximizing Equity” I noticed that there have been more house sales in the past 30 days in Cook County in the $650K to $700K price range than in the $600K to $650K price range or even the $550K to Click to continue...

Mixed news for condos in Naperville

August 24, 2009

I just started working with a woman looking for a condo in Naperville for her and her son. Back in early July I blogged about Naperville’s house market in “Naperville’s 60565 Zip Code Continues to Have Strongest House Market” An area’s condo market isn’t necessarily the same as its house market. That’s especially true this Click to continue...

Re/Max CEO sees market drop & advantages for areas with entertainment

August 18, 2009

Today’s DailyHerald.com has an interview with Dave Liniger, co-founder and chairman of the board of Re/Max International Inc. Mr. Liniger is predicting a drop in the housing market, if the first-time homebuyer credit isn’t extended beyond this year. I made a similar prediction in my “Maximizing Equity” real estate newsletter back in June when I Click to continue...

Why Oak Park open houses can be a challenge to find!

August 9, 2009

Today my partner, Mary Kaye, and I hosted an open house for a vintage condo in Oak Park we recently listed 320 N Maple 2N. We had a nice turnout of 7 groups which we were pleased with considering that Oak Park only allows a sign in the yard of a property to advertise an Click to continue...

Steve Baird on the state of the Chicago Metro Area real estate market

August 5, 2009

Baird & Warner President & CEO, Steve Baird, recently shared his thoughts on the state of the Chicago Metro Area real estate market. In the current issue of Chicago Agent Magazine, Steve shares, “After a long wait, it appears the market has generally stabilized and we have even begun to see some improvement, albeit modest. Click to continue...

Oak Park, Batavia and Buffalo Grove noted by Money Magazine

July 26, 2009

Chicago suburb Oak Park made Money Magazine’s top 25 list of American’s best places for the rich and single. Chicago suburbs Batavia and Buffalo Grove made Money Magazine’s top 100 list of America’s best small towns. Oak Park just west of Chicago ranked 7th on Money’s list of the best places for the rich and Click to continue...

Elgin picked as top old house neighborhood by This Old House

July 17, 2009

Northwestern suburb Elign, IL was picked by This Old House Magazine as one of the top 10 neighborhoods in the country for old houses. Elgin was noted not only for the large selection of older homes, but for their affordability. The article specifically mentioned both the Gifford Park and Spring-Douglas neighborhoods within Elgin where I’ve Click to continue...