Wednesday, December 29, 2010

A Look at the 2011 North Shore Real Estate Market!

2010 has been a great year, and I have enjoyed living and working in the North Shore as a North Shore Real Estate agent. Although the national housing market has seen its share of highs and lows over the past year, the North Shore Real Estate market has held steady and will only continue its upward climb to full recovery!

A recent article by Inman News gives insight into where the market is headed for 2011. While there is still room for improvement, you’ll see how the national market is slowing gaining its strength, and that this coming year offers a great opportunity to buy in Chicago’s North Shore!

1. Prices May Still Drop- With more foreclosures expected to come on the market in 2011, selling your North Shore home means being willing to price competitively. A report published by Standard & Poor’s notes that home prices may still drop another 7-10% throughout the coming year.

2. Smaller Homes- Gone are the days where people are buying large homes for the sake of having a large home. North Shore buyers are more conscious of smart investing and don’t feel the pull to buy beyond what they need. Many are also more aware of the environment and the additional costs related with heating and cooling a larger home.

3. Jobs Play a Major Role in Housing Recovery- The housing recovery for the next few years will rely heavily on the job market. With unemployment rates still projected to remain above 9% for 2011, full recovery for the housing market is not expected until 2012.

4. Mortgage Rates Remain Low- While mortgage rates may rise slightly; they are still expected to remain under 5% for 2011. This is great news for those looking to buy a North Shore home- 2011 will be a great year to do so!

5. Long term Goals- People are no longer just thinking of a house as an investment to turn around and sell to make money on; they’re beginning to think more long term. North Shore buyers are wanting to buy a “home” as a means to provide for needs of family and loved ones and are wanting to stay put for as long as possible.

If you have been considering a move to Chicago’s North Shore, but wanted to finish up the holiday season before starting a new endeavor; let me know! As the New Year rolls in, the market will begin to pick up, so you’ll want to start your North Shore home search early in the year. There are many beautiful homes to choose from in Winnetka, Glencoe, Northbrook, Highland Park, Deerfield and other North Shore communities! I would be happy to show you around and help you with each step in the home buying process. Please feel free to contact me anytime!


Happy New Year!

Janie Bress

Your North Shore Real Estate Expert

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Wednesday, December 22, 2010

Enjoy an Eco-Friendly Winter Season in Chicago's North Shore!

Living in Chicago’s North Shore means being a part of communities that truly care about the environment in which we live. From Glencoe to Winnetka and Northbrook to Highland Park and Deerfield; these North Shore communities take time each year to host events, and offer ways to get involved in helping to protect the environment.

As we’re in the middle of this season of giving with Christmas only a few days away; you may be thinking of ways to “give back” to the North Shore. One great idea is to recycle your Christmas tree! While you may not want to think about putting away your holiday cheer just yet; this service offered by many North Shore communities will gladly take your Christmas tree recycle it into mulch to be used around the city!

Looking for ways to go green in your North Shore home? Below are ways to “give back” by reducing your energy usage at home. While these may seem like small changes; they can produce big results! Not only will you save on your energy bill, you’ll enjoy knowing that you are doing your part in keeping your environment an eco-friendly place to live.

1. Set the Timer- Set your thermostat to lower temperatures while you’re away from your North Shore home or while you’re sleeping. This will automatically help reduce energy used as well as costs just by programming your thermostat.

2. Let the Sunshine In- During the day, be sure to leave blinds and curtains open to let in the sunlight and natural heat. At night, shut them to help “trap” the warmth.

3. Light a Fire- It’s amazing how a fire in your fireplace can heat up a room instantly! Consider lowering your thermostat on cooler evenings and lighting a fire instead. You’ll instantly feel cozier in the midst of Chicago’s chilly winters.

4. Bundle Up- Feeling chilled? Instead of turning up the thermostat, throw on a pair of socks or an extra layer. These small choices to not turn up the heat can really add up in energy savings!

5. Switch our Your Lights- From lamps to the Christmas tree, all of your lights can be changed out for energy efficient LED lights! With the sun setting earlier, you’ll be using your indoor lights more often. Also, the festivity of the season’s decorations can spike energy bill. LED Christmas lights can cut back on costs and energy usage.

6. Stop Leaks- Check all doors and windows for drafts. You can easily seal windows and doors to prevent the warm air from your North Shore home escaping while making sure the cool air doesn’t leak in!

7. Unplug- Not using an appliance? Unplug it! The Department of Energy notes that, even if appliances are not being used, they are still using energy. 40% of electricity used for your home electronics is used when they’re turned off, but still plugged in. Getting in the habit of unplugging will prove to be a smart habit in the long run!

I hope you can implement these tips or that they spark more ideas of ways you can reduce how much energy your North Shore home uses. I feel strongly that each of us can do our part, whether you’re a current North Shore resident or considering buying a home in Glencoe, Winnetka, Deerfield, Highland Park or Northbrook; we can all do our part to keep our environment healthy.

As you begin thinking about the start of a New Year, you may be considering selling or buying a home in the North Shore. If so, I would love to help you each step of the way! I have years of experience in the North Shore Real Estate market as a North Shore Real Estate agent, and can make the process as smooth and efficient as possible. Feel free to contact me anytime!

I appreciate your interest in my blog and my North Shore Real Estate services! 2010 was a great year and I’m expecting more great things for 2011!

Happy Holidays!


Janie Bress

Your North Shore Real Estate Expert

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Wednesday, December 15, 2010

Give Back This Holiday Season in Chicago's North Shore!

The holiday season in Chicago's North Shore is filled with beautifully decorated North Shore homes, endless events, concerts, and of course, shopping! And, while we all enjoy the festivities that Christmas brings; we all know there is so much more to the meaning and spirit of the holidays.

Giving back is a great part of this joyous season and there are many ways to do so! The North Shore has many opportunities throughout the year to volunteer and give back to its' communities of Winnetka, Deerfield, Glencoe, Northbrook and Highland Park. Each city understands the importance of helping out those in need within the community, especially during the holiday season! I've compiled five various ways of giving back in hopes of spurring on some ideas for how you can get involved and spread Christmas cheer this season!

1. Donate- Now is a great time to go through your closets and donate any clothes or shoes that you no longer need. Toys that have been outgrown, books and games can also be donated to various organizations around the North Shore communities and provide those in need with things they need and can use for gifts this season.

2. Volunteer- Many organizations in the North Shore are looking for additional help over the holiday season! Soup kitchens, retirement homes, homeless shelters and many others oftentimes host holiday parties or round up food, clothing and toys for those who are without this holiday season. Gather a few friends or family members to join you!

3. The Gift of Giving- Instead of buying another gift for a family member that they don't need; consider donating a gift on their behalf. Letting them know that one of their gifts went to someone with no Christmas gifts can be a very fulfilling gift!

4. Go Green- Give back to the North Shore environment by cutting back on the energy and resources you use this holiday season. Choose LED Christmas lights, wrap presents in recycled brown paper bags tied with festive string, turn down your thermostat and use your fireplace for added warmth and a cozy environement.

5. Feed the Hungry- The next time you go grocery shopping, stock up on canned goods and other non-perishable items that can be donated to a food pantry or homeless shelter. Gather with friends and family and put together Christmas food baskets that include cookies, hot chocolate, and other festive foods then donate to families you know who are in need or to a local shelter.

Ready to give back? There's a great opportunity taking place this weekend in the North Shore community of Deerfield!

This Saturday, December 18 from 10am to 2pm is the Deerfield Food Pantry and Toys for Tots Drive Through Drop-Off Day! Any new, unwrapped toys, canned food, personal care items and cleaning supplies can be dropped off at the parking lot at NWC Rosemary Terrace and Deerfield Road.

The toys will be given to children in need and the food and other items will be given to families, seniors and children in the Deerfield community who are without these items this holiday season. This events is sponsored by the West Deerfield Township, Deerfield Police Department, Marines - Toys for Tots, Deerfield Shopper's Court, Deerfield Bank & Trust, Italian Kitchen and Mutual Ace Hardware of Highland Park.

There are many other ways to get involved and give back to your North Shore community this festive season! One of the great things about living in Chicago’s North Shore is the heartfelt community spirit that each city provides. If you have been considering a move to any of the North Shore communities; please let me know! I’d be happy to show you around the available North Shore homes and answer any questions you may have about the North Shore Real Estate Market! I look forward to hearing from you!



Janie Bress

Your North Shore Real Estate Expert

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Wednesday, December 8, 2010

House Hunting This Holiday Season in the North Shore!

Buying a home in Chicago’s North Shore during the holiday season may seem like the last thing you would want to do. The hustle and bustle of the season has you running from shopping to parties and special events, and the thought of adding one more thing into the mix may seem overwhelming. However, the holiday season can be the ideal time to start searching for your North Shore home!

According to a recent Case-Schiller report; the price of homes in the Chicago Metropolitan area seem to be holding. The past year has shown some upward ticks followed by further price reductions, but we are now where we were in October of 2002 before the market’s downturn. With the market beginning to balance out; we can rest assured that buying a home is once again a financially sound decision. Below you’ll see the course that the Chicago Metropolitan area market has taken over the past ten years. (Please click on image for larger preview).


So, with the market improving and the holidays upon us you may be wondering why now would be a great time to jump into the North Shore Real Estate market. I’ve gathered 5 reasons that can make this holiday season even more special as you begin searching for a home in Chicago’s North Shore!

1. Lower Prices- With the lack of people searching during the holidays for a home in Chicago’s North Shore; we’ve seen the prices soften. You can visit my website, www.janiebress.com to see a list of my current homes for sale in the North Shore! You’ll notice these homes are priced to sell and are a great deal for buyers.

2. Less Competition- Many buyers don’t think to take advantage of house hunting during the holidays, so you’re sure to avoid any bidding wars that would occur at a peak point in the North Shore Real Estate market. This will mean a less stressful home buying process for you!

3. Motivated Sellers- Sellers dread not being able to sell their homes before the holidays get under way. They’re very aware that most are not in the market to buy a home until Spring rolls around, which means; they’re motivated. They know showings of their home will greatly decrease, so any activity on their home is good news. Oftentimes they’re willing to come down on the price or be flexible with closing dates, and other extras.

4. Favorable Mortgage Terms- Mortgage lenders may be willing to lower interest rates or let go of some of their fees in order to gain your business. With fewer people shopping for homes; they will be experiencing a slower time in their business as well. Be sure to shop around to get the best possible deal.

5. Tax Deduction- Closing before the end of the year can mean you are eligible to deduct the interest component of your first monthly mortgage payment from your taxable income for this year. You may also be able to deduct any money you pay for points to reduce your interest rate. Of course you’ll want to consult with a North Shore tax advisor to talk over the full details.

While it may not seem convenient, taking the time to find your ideal North Shore home now can prove to be a stress free and cost effective decision! If you have your eye on a few of the beautiful homes in Glencoe, Highland Park, Northbrook or any of the other charming North Shore communities; I'd be happy to set up a time for you to see them!

As a North Shore Real Estate agent for over twenty five years; I can help you find the community and home that best fits your needs and lifestyle. Feel free to contact me anytime with questions you may have regarding the North Shore Real Estate market or to begin your North Shore home search! I look forward to hearing from you!


Janie Bress
Your North Shore Real Estate Expert

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Wednesday, December 1, 2010

Bringing in December Like only the North Shore Can!

It's official. December is here! The North Shore is the ultimate place to be for the holidays. There is always an event of some sort - whether it be extravagant or intimate, for adults only or family friendly - the fun does not stop come December. Here are just a few ideas of how to get involved with the holiday festivities in your North Shore Communities - From Glencoe to Glenview, Northbrook to Winnetka.

Christmas Breakfast with Santa
Where: Chicago Botanic Garden, 1000 Lake Cook Rd, Glencoe, IL 60022
Dates: December 11th, 12th, 18th and 19th
Time: 8:30- 10:30 am
Event: A buffet with miniature cinnamon rolls, seasonal fruit, scrambled eggs, turkey sausage links, hardwood smoked bacon and buttermilk waffles.

Hot Chocolate with Mrs. Claus
Where: Chicago Botanic Garden, 1000 Lake Cook Rd, Glencoe, IL 60022
Date: December 20, 2010
Time: 11:00 am
Event: Listen to Christmas stories recited by Mrs. Claus while sipping hot chocolate and snacking on holiday cookies. The event also runs at 2 p.m.

Annual Winnetka Holiday Tree Lighting
Where: Chestnut St & Elm St, Winnetka, IL 60093
Date: December 3, 2010
Time: 5:30pm–6:30pm
Event: Join members of the Winnetka Chamber of Commerce and Village Council
for the annual tree lighting. Caroling begins at 5:30 p.m. and the group will move to
Caribou for hot chocolate after.

Holiday Sing
Where: Village Green, Elm St & Maple St, Winnetka, IL 60093
Date: December 24, 2010
Time: 6:00 - 6:15 pm
Event: Join families, friends, and neighbors at the 16th annual Holiday Sing on the Village Green. Gather around the Village Green and sing favorite holiday songs. Please bring your singing voices and your own candles or flashlight. This event will last approximately 25 minutes. The Village Green is located on Maple Street, in between Elm and Oak Streets.

Northbrook Symphony "Nutcracker"
Where: North Suburban YMCA, 2705 Techny Rd, Northbrook, IL 60062
Date: December 11, 2010
Time: 3:00 pm
Event: A special holiday concert at the Y features the Northbrook Symphony as well as a range of professional dancers and multi-media presentations. Selections from the Nutcracker Suite will be performed on December 11 at 3:00 and 6:00 pm. The various sections will showcase different program opportunities at the Y, including a wide variety of dance genres, yoga, gymnastics, swimming and fitness. Admission will benefit the Y's Capital Campaign. Don't miss this one-of-a-kind celebration of music and movement!

Chanukah Family Fun Day
Where: Lubavitch Chabad of Northbrook, 755 Huehl Rd, Northbrook, IL 60062
Date: December 13, 2010
Time: 10:00 am - 12:30 pm
Event: Kids of all ages can spin dreidels, have their pictures taken as Juda the Maccabee, do arts and crafts, play a Chanukah game show and snack on latkes and jelly doughnuts.

Holiday Dinner Party at the Viking Cooking School
Where: Viking Cooking School, 1140 N. Milwaukee, Glenview, IL
Date: December 13, 2010
Event: Start a warm, crackling fire; light the tree; and play some old familiar carols as you welcome your guests for a special holiday dinner. Experience your holiday tradition in a whole new way with our inspired, sophisticated and festive menu. $99. Type: Performing Arts.

As cliche as it may sound, the best thing about the holidays is spending time with family and friends. North Shore Real Estate is one of the most family-friendly, tradition-rich, close-knit areas in Illinois. There's always something to do and each event is another opportunity to begin a new tradition with your family or friends.

Communities like Winnetka, Illinois and Glencoe, Illinois are the kinds of places that people dream of living. They offer the perfect background to the holidays - from the beauty of the shoreline to the picturesque residential neighborhoods - they are like something out of a Christmas card. If this sounds like the kind of community you'd like to live in, I can help make that dream a reality. Give me a call, anytime. I'm always here to answer your questions about theis dream home real estate known as the Chicago North Shore.

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
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Sunday, November 21, 2010

Winnetka Market Stats for November 2010

Winnetka Active Listings: There are a total of 180 properties actively on the market with the average price of $ $2,055,483 in Winnetka.

Winnetka Sold Listings: 13 properties closed last month in Winnetka with an average sales price of $ $1,447,308, the average time on market for these properties was 179 days.


To view the complete report including additional detailed data, charts ad graphs, please view the Winnetka market statistics!



Janie Bress

Your North Shore Real Estate Expert

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Northbrook Fast Stats for November 2010

Northbrook Active Listings: There are a total of 262 properties actively on the market with the average price of $758,784 in Northbrook.

Northbrook Sold Listings: 23 properties closed last month in Northbrook with an average sales price of $547,457, the average time on market for these properties was 73 days.


To view the complete report including additional detailed data, charts ad graphs, please view the Northbrook market statistics!



Janie Bress

Your North Shore Real Estate Expert

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Highland Park Fast Stats for November 2010

Highland Park Active Listings: There are a total of 294 properties actively on the market with the average price of $1,085,753 in Highland Park.

Highland Park Sold Listings: 21 properties closed last month in Highland Park with an average sales price of $462,714, the average time on market for these properties was 110 days.


To view the complete report including additional detailed data, charts ad graphs, please view the Highland Park market statistics!



Janie Bress

Your North Shore Real Estate Expert

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Glencoe Fast Stats for November 2010

Glencoe Active Listings: There are a total of 122 properties actively on the market with the average price of $2,053,723 in Glencoe.

Glencoe Sold Listings: 9 properties closed last month in Glencoe with an average sales price of $910,444, the average time on market for these properties was 112 days.


To view the complete report including additional detailed data, charts ad graphs, please view the Glencoe market statistics!


Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
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Deerfield Fast Stats for November 2010

Deerfield Active Listings: There are a total of 126 properties actively on the market with the average price of $739,604 in Deerfield.

Deerfield Sold Listings: 13 properties closed last month in Deerfield with an average sales price of $501,369, the average time on market for these properties was 88 days.


To view the complete report including additional detailed data, charts ad graphs, please view the Deerfield market statistics!


Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
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Wednesday, November 3, 2010

Selling Your North Shore Home this Holiday Season? View 8 Great Tips for Staying Calm!

The holidays are quickly approaching as we begin to notice the days getting shorter and a chill in the air. And, while the holiday season offers endless joy of getting together with friends and family, you may not be looking forward to them quite yet. If you’re currently trying to sell your North Shore home; thinking of the holidays right now may begin to cause some panic!

Selling your home is a large undertaking and doing so during the holidays may cause additional stress. However, there are ways to make your home selling process a smooth one while still enjoying the holiday season to the fullest! Below are 8 ways to maintain a sense of calm while your home is on the North Shore Real Estate market during this busy time of year.

1. Prepare your home well in advance- If you know you're going to have to sell your North Shore home during the holidays, begin getting your home ready now. Start clearing out clutter and personal items such as family photos and knickknacks and begin cleaning your home from floor to ceiling. Getting these chores out of the way early will give your more time to enjoy the holidays.

2. Take care of holiday errands early- Don't procrastinate on your Christmas shopping. Selling your home is stressful enough, so you don't want to be stuck fighting traffic and long lines at the mall as well. Think ahead and get your errands done before everyone else enters holiday panic mode.

3. Hire someone to help with the cleaning- You'll need to keep your North Shore home immaculate for showings, which is easier said than done when friends and family are frequenting your home for holiday parties. Spending a little extra money on a housekeeper for this hectic season can pay off by saving you time and energy.

4. Look on the bright side- While maintaining your home's curb appeal is still important in the winter, just think of the things you don't have to do, like mowing the lawn or weeding flower beds.

5. Don't schedule showings when you have houseguests- Your friends and family won't be pleased if they have to vacate every time a North Shore buyer wants to take a look. If you plan on having holiday visitors, let your North Shore Real Estate agent know that these dates are off-limits for showings.

6. Keep the weekends open for showings- Homes show better when it's bright out, but as the days get shorter, buyers may have less time to squeeze in daytime visits during the workweek. Be prepared to open your home to North Shore buyers over the weekend.

7. Don't fret over a lack of lookers- Fewer people viewing your home doesn't necessarily mean fewer offers. When you sell a North Shore home in the spring, you're likely to get a lot of visits from people who are just casually looking to buy. You may not get as many visitors during the holidays, but the ones you do get will be serious about buying.

8. There's always next year- If you don't manage to sell your North Shore home during the holiday season, don't let it get you down. Sales should pick up as spring approaches, so you could have more luck then.

There are many great events, concerts, and things to experience in Chicago’s North Shore during the holiday season. Don’t let selling your North Shore home get in the way of enjoying the holidays! If you are just beginning the home selling process and are still looking for a North Shore Real Estate agent, please let me know! I’d be happy to answer any of your questions and to walk with you through each step of the way. My years of experience in the North Shore Real Estate market gives me an edge of knowing what North Shore buyers want in a home. Please contact me today; I look forward to hearing from you!



Janie Bress

Your North Shore Real Estate Expert

North Shore Real Estate
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Wednesday, October 27, 2010

Celebrate Halloween in Chicago's North Shore!

Living in Chicago’s North Shore provides many various opportunities to celebrate the Halloween holiday! You may already have plans to spend time trick-or-treating throughout one of the beautiful neighborhoods of Glencoe, Northbrook, Winnetka, Deerfield, Highland Park or any of the other North Shore areas. And, even though these neighborhoods are very safe and family-friendly, it’s still wise to be proactive concerning safety as you cross streets, drive through communities and approach homes.

Of course trick-or-treating is not the only Halloween fun happening in Chicago’s North Shore this weekend! The stunning Chicago Botanic Garden is hosting two creative events that you’re sure to enjoy!

Spooky Pooch Parade
Saturday, October 30
1-3pm
www.chicagobotanic.org/dog/
- If you’re a dog lover, this event will allow you and your pooch celebrate Halloween in a unique way! Dress up your dog in their favorite costume and enter them into the Spooky Pooch Parade. This is the only time dogs are allowed into the Garden so be sure to take advantage of the opportunity. Not only will there be a parade, but also a costume contest where prizes will be awarded.

Trains, Tricks & Treats
Saturday, October 30 & Sunday, October 31
10am-5pm
www.chicagobotanic.org/railroad/trickstrainstreats
- See the Chicago Botanic Garden decorated with pumpkins, spiders webs, ghosts and goblins while trick-or-treating through the Model Railroad Garden! Children can also pot a plant to take home to remember their fun experience at the Garden.

I hope you’re able to enjoy one or both of these events! Halloween provides just one more way to connect with your North Shore community. While this is the season for frightening events; there’s something you don’t have to fear: the North Shore Real Estate Market.

It may seem a little scary as you consider jumping into the North Shore Real Estate Market as you’ve been bombarded with the housing horror stories in the media. But, as I’ve recently pointed out in my blog; now is a great time to buy a home in the North Shore! Home prices and mortgage rates are at an all-time low and buyers have many beautiful North Shore homes from which to choose!

If you have any questions regarding the North Shore Real Estate Market or would like to set up a time to see some of the available North Shore homes; please let me know. I would be happy to help you each step of the way! I look forward to hearing from you soon and have a safe and happy Halloween!

Janie Bress

Your North Shore Real Estate Expert

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Wednesday, October 20, 2010

5 Reasons to Buy Now in Chicago's North Shore!

If you’re thinking of buying a home in Chicago’s North Shore, I would suggest that now is a great time to do so! Not only is Chicago’s North Shore a beautiful place to call home, but the fall season is a great time to buy as well! North Shore sellers are hoping to find a buyer and move on before the busy holiday season gets under way, which means they may be a little more motivated to work with you on the selling price.

It’s apparent that across the nation, and even in North Shore Real Estate, people are leery of the current housing market. They aren’t quite sure if buying a home is a wise investment when there’s no assurance that the market will improve. Recently, The Wall Street Journal highlighted reasons why now is an ideal time to buy a home. I thought it important to share a five of the reasons why buying a home in Chicago’s North Shore is a smart investment.

1. You can get a great deal- Along with it being a buyers’ market; prices have come down a long way– about 30% from their peak, according to Standard & Poor's Case-Shiller Index, which tracks home prices in 20 big cities.

2. Mortgages are cheap- We’re seeing the lowest rates on record! You can get a 30-year loan for around 4.3%, which cuts what you would’ve been paying two years ago for a North Shore home by 1/5. If the housing market picks up, it’s highly unlikely that you’ll see these rates again.

3. You’ll save on taxes- You can deduct the mortgage interest from your income taxes and you can deduct your from your North Shore Real Estate taxes. Many people will find that these tax breaks mean owning costs them less, often a lot less, than renting.

4. It offers some inflation protection- While it's not perfect, studies by Professor Karl "Chip" Case (of Case-Shiller), and others, suggest that over the long-term housing has tended to beat inflation by a few percentage points a year. That's valuable inflation insurance if you’re planning on staying in Chicago’s North Shore long term!

5. Sooner or later, the market will clear- Demand and supply will eventually balance each other out. The population is forecast to grow by more than 100 million people over the next 40 years. That means maybe 40 million new households looking for homes. Meanwhile, this housing slump will work itself out. Many of the homes will be bought, and prices will go back to their previous state.

These are just a few key reasons why owning a home in Chicago’s North Shore doesn’t come at a better time! You’ll find many stunning homes on the North Shore Real Estate Market and one that will fit your needs and lifestyle! If you’ve been unsure of where to start; let me know! I’ve worked in Chicago’s North Shore for over 25 years assisting buyers and sellers through the housing market. If you need a North Shore Real Estate agent, feel free to contact me today! I look forward to helping you find your next home!



Janie Bress

Your North Shore Real Estate Expert

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Wednesday, October 13, 2010

Northbrook Fast Stats for October 2010


Northbrook Active Listings:
There are a total of 491 properties actively on the market with the average price of $595,821 in Northbrook.


Northbrook Sold Listings: 27 properties closed last month in Northbrook with an average sales price of $414,608, the average time on market for these properties was 73 days.

To view the complete report including additional detailed data, charts ad graphs, please view the Northbrook market statistics!


Janie Bress

Your North Shore Real Estate Expert

North Shore Real Estate
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Winnetka Market Stats for October 2010


Winnetka Active Listings:
There are a total of 235 properties actively on the market with the average price of $1,889,208 in Winnetka.


Winnetka Sold Listings: 13 properties closed last month in Winnetka with an average sales price of $1,200,923, the average time on market for these properties was 84 days.

To view the complete report including additional detailed data, charts ad graphs, please view the Winnetka market statistics!


Janie Bress

Your North Shore Real Estate Expert

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Highland Park Fast Stats for October 2010


Highland Park Active Listings:
There are a total of 423 properties actively on the market with the average price of $910,283 in Highland Park.


Highland Park Sold Listings: 24 properties closed last month in Highland Park with an average sales price of $720,615, the average time on market for these properties was 107 days.

To view the complete report including additional detailed data, charts ad graphs, please view the Highland Park market statistics!


Janie Bress

Your North Shore Real Estate Expert

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Glencoe Fast Stats for October 2010


Glencoe Active Listings:
There are a total of 128 properties actively on the market with the average price of $1,997,119 in Glencoe.


Glencoe Sold Listings: 6 properties closed last month in Glencoe with an average sales price of $979,000, the average time on market for these properties was 138 days.

To view the complete report including additional detailed data, charts ad graphs, please view the Glencoe market statistics!



Janie Bress

Your North Shore Real Estate Expert

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Deerfield Fast Stats for October 2010


Deerfield Active Listings:
There are a total of 230 properties actively on the market with the average price of $567,165 in Deerfield.


Deerfield Sold Listings: 16 properties closed last month in Deerfield with an average sales price of $382,206, the average time on market for these properties was 84 days.

To view the complete report including additional detailed data, charts ad graphs, please view the Deerfield market statistics!



Janie Bress

Your North Shore Real Estate Expert

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Wednesday, September 29, 2010

Another Look at the North Shore Real Estate Market- Is Now the Time to Buy?

Buying a home in the North Shore Real Estate market, or anywhere for that matter, may seem like risky business amidst our current recession. Since 2005, the market has seen a slow decline which has brought us into our current housing situation. It’s hard to wade through a sea of Real Estate information to get a clear picture if diving into a North Shore home purchase is the right choice.

I could go on about Chicago’s beautiful North Shore. The great communities, excellent school systems, close proximity to a world metropolis, scenic landscapes, stunning homes and having everything you need right at your fingertips are just a few of the things that contribute to the North Shore’s appeal. But, are all of these factors enough to make you or other buyers decide to start your North Shore home search? A recent article by Karl E. Case from The New York Times highlights a few key reasons why now is the ideal time to buy!

“For people with a realistic version of the American dream, buying a house now can make a lot of sense.. Think of it as an investment. The return on that investment comes in two forms. First, you live in the house and so it provides you with a real flow of valuable services. The second part of the yield on investment is the capital gain you receive if the home appreciates and you sell. Gains are excluded from taxation if the property is a primary residence and the gain is less than $250,000 for a single filer or $500,000 for a married couple filing jointly.

Four years ago, the monthly payment on a $300,000 house with 20% down and a mortgage rate of about 6.6% was $1,533. Today that $300,000 house would sell for $213,000 and a 30-year fixed-rate mortgage with 20% down would carry a rate of about 4.2% and a monthly payment of $833. In addition, the down payment would be $42,600 instead of $60,000.

While demographic trends are uncertain, one important reason for the recent downturn is clear: The steady drip of bad news about the economy has sapped the confidence of buyers, sellers and lenders. And there is no understating the importance of expectations and confidence in this industry. The housing market has never been a better bargain, and sooner or later buyers will regain faith, inventories will shrink to reasonable levels, prices will rise and we’ll even start building again.” View the full article on The New York Times website.

If you have been thinking about beginning your North Shore home search, but still have questions regarding the market; let me know! I’ve been involved with the North Shore Real Estate Market for years and can direct you in finding the best neighborhood and home to fit your needs and lifestyle. Buying a home in Chicago’s North Shore can be a stress free and smooth process, and I would be more than happy to guide you each step of the way!


Janie Bress
Your North Shore Real Estate Expert

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Wednesday, September 22, 2010

Buying a Home This Fall in Chicago's North Shore

Buying a home in Chicago’s North Shore this fall can be a smooth process if you have an idea of what to expect. The fall is a great time of year to buy a home as it is the second busiest real estate season (with spring being the first), and there are homes going on the market each week. Fall in Chicago’s North Shore is a wonderful time of year with vibrant leaves of red, orange and yellow, crisp blue skies and fun fall activities that bring a spirit of warmth to the chilled air and provide a beautiful backdrop for homes in the North Shore.

As many get back into the swing of school and settle into a routine after summer vacations, buyers and sellers alike begin to test the waters of the North Shore Real Estate market and all seem to benefit. Many sellers are hoping to get a quick home sale before the busy holiday season begins and buyers would be more than happy to move in before that time as well!

If you’re looking to buy your dream home on the North Shore; the market is still leaning slightly in your favor. There are many beautiful homes in Glencoe, Highland Park, Winnetka, Northbrook, Deerfield or any of the other North Shore communities, and since there are a number to choose from, there are a few things to keep in mind.

Be aware that you don’t have to play the bidding war game. If the price is at your limit and other buyers are bidding on this home, while it may be a great property, you can step away; there are many North Shore homes from which to choose. On the other hand, if you do find your ideal home; don’t wait to put in an offer. Because the North Shore market is busy in the fall, other buyers will be soon be vying for the home and a single day can make all the difference.

Buying a home will require some leg work on your end. You have to be willing to take time each weekend to go to open houses throughout the North Shore communities. For a more focused approach, your North Shore Real Estate agent will be able to find guide you in homes that fit your style, needs and price range and can show you around the North Shore area as well! It will take time and dedication, but it will be worth it once you’re settled into your home and can cozy up in front of the fireplace just in time for the cooler weather. Plus, venturing around the beautiful North Shore communities with leaves crunching under your feet as you visit available homes gives you another reason to enjoy the outdoors this season.

If you have any questions about Chicago’s North Shore market, or would like to set up a time to visit any of the available North Shore homes; please let me know! I’d be happy to show you around and help you in the home buying process. I look forward to hearing from you soon!



Janie Bress

Your North Shore Real Estate Expert

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Wednesday, September 15, 2010

Experience the Rich History of Northbrook!

Each of the North Shore Chicago towns such as Waukegan, Northbrook, Highland Park, Glencoe and Deerfield are unique in their own way. If you are thinking of buying a home in a North Shore community, you’ll want to read about or experience each area to see which one has the atmosphere and lifestyle for which you’re looking! As they say, “location, location, location!” However, I truly feel that no matter which of the wonderful places you choose on Chicago’s North Shore; you can’t go wrong!

The town that I would like to feature this week is the quaint area of Northbrook. Spanning just thirteen miles, this community, which was settled in 1843 as the Village of Shermerville, was incorporated and renamed Northbrook in 1923. Walking through the downtown area and surrounding streets, you feel a rich sense of history and that Northbrook has something special to offer!

Of course what would a historic town be without a Historical Society? The Northfield Inn, built 1849 and home to the towns most delicious chicken dinners and lemon cream pies, was renovated into the Northbrook Historical Society and History Museum in 1975. As an active and vibrant society, this Northbrook favorite features events and special museum highlights throughout the year.

To really experience the history of Northbrook and to get to know the community better, the society is hosting The 32nd Annual Shermerfest which will be held this Sunday, September 19 from 12-4pm! This event will feature live music, food, a silent auction, a magic show for the children, prize drawings and much more! More information is available on the Northbrook Historical Society and History Museum’s website.

Whether Northbrook is where you are looking for a North Shore home, or if you would like to view any of the beautiful homes for sale in Chicago’s North shore; let me know! I enjoy showing people the various communities around the North Shore area and have years of experience in Chicago’s North Shore Real Estate market! I would be happy to set up a time to meet with you to discuss your needs and to show you around. I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert

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Tuesday, September 7, 2010

Highland Park Fast Stats for September 2010

Highland Park Active Listings: There are a total of 419 properties actively on the market with the average price of $894,498 in Highland Park.

Highland Park Sold Listings: 27 properties closed last month in Highland Park with an average sales price of $626,519 the average time on market for these properties was 129 days.



To view the complete report including additional detailed data, charts ad graphs, please view the Highland Park market statistics!

Janie Bress

Your North Shore Real Estate Expert

North Shore Real Estate
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Deerfield Fast Stats for September 2010

Deerfield Active Listings: There are a total of 240 properties actively on the market with the average price of $554,089 in Deerfield.

Deerfield Sold Listings: 14 properties closed last month in Deerfield with an average sales price of $355,629 the average time on market for these properties was 91 days.



To view the complete report including additional detailed data, charts ad graphs, please view the Deerfield market statistics!

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
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Northbrook Fast Stats for September 2010

Northbrook Active Listings: There are a total of 505 properties actively on the market with the average price of $609,702 in Northbrook.

Northbrook Sold Listings: 31 properties closed last month in Northbrook with an average sales price of $394,766, the average time on market for these properties was 106 days.



To view the complete report including additional detailed data, charts ad graphs, please view the Northbrook market statistics!

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
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Winnetka Market Stats for September 2010

Winnetka Active Listings: There are a total of 231 properties actively on the market with the average price of $2,088,892 in Winnetka.

Winnetka Sold Listings: 29 properties closed last month in Winnetka with an average sales price of $1,331,310 the average time on market for these properties was 110 days.



To view the complete report including additional detailed data, charts ad graphs, please view the Winnetka market statistics!

Janie Bress
Your North Shore Real Estate Expert

North Shore Real Estate
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Glencoe Fast Stats for September 2010

Glencoe Active Listings: There are a total of 128 properties actively on the market with the average price of $1,981,931 in Glencoe.

Glencoe Sold Listings: 10 properties closed last month in Glencoe with an average sales price of $1,016,950, the average time on market for these properties was 98 days.


To view the complete report including additional detailed data, charts ad graphs, please view the Glencoe market statistics!


Janie Bress

Your North Shore Real Estate Expert

North Shore Real Estate
View North Shore Listings
Visit My Website
Email Me