The Chicago Tribune recently wrote a story about strong real estate sales volume and prices this past July. Our agent, Jennifer Mills Klatt, of the Home Discovery Team, was quoted within the article! The median price in Chicago in July was up 9.2 percent year to date and sales of existing single-family homes and condominiums in the Chicago area grew 9.6 percent. Jennifer weighs in, saying these results are not surprising, given demand is high and inventory is low. To read more about Jennifer’s thoughts and the rest of the article, please click here.
Berkshire Hathaway HomeServices and Berkshire Hathaway HomeServices KoenigRubloff Realty Group released results of its first quarterly Homeowner Sentiment Survey showing that people’s perception of home value runs much deeper than standard measures of price and location. Nearly one-third of homeowners responded that they have considered selling their home in the near future to find a better fit for their changing lifestyles. Other findings included 88% of respondents place high value on updating and renovating a home over time and 94% of respondents saying that homeownership is important to their long-term financial planning. Overall, homeowners and prospective buyers believe housing has turned the corner! To read more information about the survey, please click here.
Terri Doney of our Hinsdale office was quoted in Crain’s Chicago Business in a story that discusses the high-end housing market in Hinsdale. The burgeoning suburb of Hinsdale is coming off of previous years in which luxury listings were selling at a fast pace. Market times are decreasing in Hinsdale, and 2015 is projected to be another strong year in the real estate market for the village. To read the entire article, please click here.
Mark Pasquesi, VP and Managing Broker of our Lake Forest office, has been mentioned in Crain’s Chicago Business! The story discusses an influx of listings this January in Chicago and surrounding suburbs. Mark offers his insight and confirms his Lake Forest office saw a number of properties come on the market the Monday after the Super Bowl – kicking off an early start to the spring market! To read the entire article, please click here.
Lincoln Park | Clybourn Broker Natasha Motev and Lincoln Park | Clark Street VP/Managing Broker Dennis Dooley are both featured in a recent DNAinfo Chicago story. The article focuses on the development of several luxury, single family homes in Lincoln Park. Both Natasha and Dennis note that the trend for building “mega mansions” is growing, giving rise to builders searching for prime real estate to expand luxury inventory. Please click here to read the entire story.
For the second time this week, Ron Goldstein, of our Mag Mile office, has been quoted in the DNAinfo.com Chicago. The most recent editorial discusses how Lincoln Park’s luxury market is mirroring a national trend, in that higher-priced properties are generally selling better. Ron says, “The luxury market has a huge uptick we’ve seen in the last five years.” To read the full article, please click here.
Ron Goldstein, of our Mag Mile office, has recently been mentioned in DNAinfo.com. The article discusses the current real estate market in Chicago, specifically the city’s Northwest Side. Ron is highlighted as an industry expert, noting he sees the area is on an upward trend, showing strong signs of recovery. To read the full article, please click here.
Sherry Molitor of our Winnetka office is quoted in Crain’s ChicagoRealEstateDaily.com! Dennis Rodkin’s story discusses the impact winter weather had on home buyers and the Chicago area real estate market as a whole. Sherry says her clients were focused on buying, no matter what the temperature! To read the full article, please click here.