Wednesday, September 26, 2018

Winnetka Real Estate Market Stats for August 2018


City Active Listings: There are a total of 143 properties actively on the market with the average price of $1,831,071 in Winnetka.

City Sold Listings: 34 properties closed last month in Winnetka with an average sales price of $1,596,968. The average time on market for these properties was 60 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 Real Estate Market Stats for August 2018


City Active Listings: There are a total of 374 properties actively on the market with the average price of $696,416 in Northbrook.

City Sold Listings: 72 properties closed last month in Northbrook with an average sales price of $524,607. The average time on market for these properties was 40 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
View North Shore Listings
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Local Expert... with National Connections!

Glencoe Real Estate Market Stats for August 2018


City Active Listings: There are a total of 91 properties actively on the market with the average price of $1,590,844 in Glencoe.

City Sold Listings: 22 properties closed last month in Glencoe with an average sales price of $1,147,545. The average time on market for these properties was 54 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
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Local Expert... with National Connections!

Deerfield Real Estate Market Stats for August 2018

City Active Listings: There are a total of 176 properties actively on the market with the average price of $606,430 in Deerfield.

City Sold Listings: 35 properties closed last month in Deerfield with an average sales price of $524,848. The average time on market for these properties was 55 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
View North Shore Listings
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Local Expert... with National Connections!

Wednesday, September 19, 2018

4 Reasons to Buy a Home in Glencoe, Winnetka, or Northbrook IL This Fall


Fall is here and it's a great time to start fresh in a new North Shore home! While you may think summer is the busy season for real estate, that doesn't mean your time to buy ends with the closing of your local neighborhood pool. Now can be one of the best times of the year to buy a home and I'm sharing four reasons why below:

Mortgage rates will rise
Mortgage rates are still near record lows, but that won't be the case for too much longer! 30-year mortgage rates have increased half a percentage point this year and are expected to increase again over the next 12 months. By this time next year, rates are expected to be around 5.1%.

Home prices will rise
If you've been wondering where Glencoe, Winnetka, Highland Park, Northbrook, and Deerfield home prices will go over the next year, the answer is UP! According to CoreLogic's Home Price Insights report, home prices will continue to rise at a rate of 5% over the next year!

You're paying a mortgage either way
Think of it this way— regardless if you rent a home or buy, you're still paying a mortgage! If you buy a North Shore home, you're paying your own mortgage. If you rent, you're paying down your landlord's mortgage! New homeowners will have the benefit of building equity in their home which can help build your family's wealth, while renters will continue to help their landlord do the same.

Winter is coming
Real estate deals are indeed made no matter what season it is, but you will want to consider the upcoming Chicagoland winter weather and busy holiday season! Decide if you would prefer to take advantage of market conditions now while the temperatures are still favorable to move to a new home on Chicago's North Shore or move homes with snow and ice on the ground.

You could end up paying more for a mortgage in just a few months' time if you wait to buy, not to mention deal with the frigid weather! Contact me today to get started on your North Shore home search this fall!

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
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Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States. 

Thursday, September 13, 2018

How to Determine Resale Value in Chicago's North Shore Homes

Whether you intend to be in your next home on Chicago's North Shore for two years or twelve years, it is always important to determine resale value. After all, your home is an investment and you wouldn't want to invest in a property that you would have a hard time selling when the time comes to move on. That would only mean more money and homeowner headache for you down the road!

As your local North Shore real estate expert, I can help you determine the best possible property for your budget and your family's needs— and one with great resale value! Here are a few ways you can determine a property's resale value in Winnetka, Glencoe, Highland Park, Deerfield, Northbrook, and beyond:

It's in a great neighborhood
If the neighborhood is bustling, with proximity to grocery stores, coffee shops, and restaurants, chances are it will have great appeal to future buyers. Is the neighborhood safe? Walkable? Full of young families or parks? Or is it not yet developed and far from amenities like these? These are all important features to take note of when you arrive to view a property on the North Shore.

It's in a quiet area
The last thing future homebuyers will want is a home near commercial properties, a busy intersection or high-traffic area. You may not mind if the property fits the bill on number of bedrooms, price, and backyard space, but always consider the sound factor. If you don't, you could pay for it later!

It has great schools
School districts are a major selling point for North Shore buyers and always will be! In fact, many buyers are willing to compromise on their home wishlist just for the school district. Regardless if you have children, take stock of the school district boundaries surrounding the property. If your property in question lies just outside of a great school district, you could have a harder time selling it in the future than if you were just a street closer to the more appealing option.

You won't spend too much on repairs
If you're going to live in a home for decades, you may not be worried too much about the cost you'll put into making necessary repairs or updates. However, if this a more short-term move, you'll want to be sure the home's systems are in great shape and won't cost you more than you'll be able to sell the property for when you're ready to move again.

Wondering if a property would be a good investment for your family or ready to start searching for North Shore homes? Give me a call today!

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States. 

Wednesday, September 5, 2018

Deerfield Real Estate Market Stats for July 2018

City Active Listings: There are a total of 170 properties actively on the market with the average price of $618,022 in Deerfield.

City Sold Listings: 34 properties closed last month in Deerfield with an average sales price of $446,768. The average time on market for these properties was 49 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
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Glencoe Real Estate Market Stats for July 2018


City Active Listings: There are a total of 98 properties actively on the market with the average price of $1,483,953 in Glencoe.

City Sold Listings: 26 properties closed last month in Glencoe with an average sales price of $946,829. The average time on market for these properties was 48 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


Local Expert... with National Connections!

Highland Park Real Estate Market Stats for July 2018

City Active Listings: There are a total of 364 properties actively on the market with the average price of $920,072 in Highland Park.

City Sold Listings: 50 properties closed last month in Highland Park with an average sales price of $553,009. The average time on market for these properties was 63 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
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Northbrook Real Estate Market Stats for July 2018

City Active Listings: There are a total of 370 properties actively on the market with the average price of $705,815 in Northbrook.

City Sold Listings: 90 properties closed last month in Northbrook with an average sales price of $560,117. The average time on market for these properties was 39 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
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Winnetka Real Estate Market Stats for July 2018

City Active Listings: There are a total of 160 properties actively on the market with the average price of $1,885,867 in Winnetka.

City Sold Listings: 31 properties closed last month in Winnetka with an average sales price of $931,647. The average time on market for these properties was 45 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
View North Shore Listings
Visit My Website


Local Expert... with National Connections!