Real Estate and Information
It’s not true. At least not in The Glen. If you’re like me you’ve seen countless articles about how few homes are listed for sale. Housing inventory, they say, can’t meet demand. Well, here in The Glen we have plenty of great homes for sale. That’s not to say there isn’t demand. Home buyers love […] Read more »
OK, I know you’ve heard it before, but here it is again. If you want to sell your home, now is the best time of the year to get it listed on the MLS. It’s March folks. Spring is in the air. Home buyers come out of hibernation and start looking around. There is logic […] Read more »
My family and I live in The Glen, an upscale residential and retail community in Glenview Illinois. We moved here in 2003 which was in the early days of the development. We have come to love our home, Gallery Park, Lake Glenview, Glen Town Center’s wonderful restaurants and shops, and the several lovely neighborhoods filled […] Read more »
I’m a data freak. I love to sift through all kinds of numbers about the real estate market. And I think it makes me a better Realtor. The Illinois Association of Realtors recently crunched it’s wealth of data to determine who buys homes in our state, and I thought you might be interested in the […] Read more »
There are definite signs that buyers interested in purchasing homes are starting early this year. In a typical year, new contracts for home sales decline significantly after Thanksgiving, and the real estate market is dead through year end. Within a week or two after the New Year, we begin seeing a few buyers poke their […] Read more »
A couple of weeks ago I presented two purchase offers to one of my Glen seller clients. By “Glen seller” I mean a homeowner in the upscale development known as The Glen in Glenview Illinois. I only had this home on the market for a few days, but a strong marketing campaign produced immediate showings, […] Read more »
The Labor Department reported last Friday that the economy created 271,000 new jobs in October which is much better than anticipated; and the unemployment rate dropped to 5%. That’s great news, of course. In simple terms, people without jobs can’t purchase homes, so more jobs = a larger pool of prospective buyers. Even entry level […] Read more »
Stepping back from my usual Glen-specific blog content, I thought I would share with you some thoughts about the state of the housing market generally. The environment for home sales remains strong as it has been for the last couple of years. Jobs are critical to a strong housing market, so I was heartened to […] Read more »
I frequently receive calls from home buyers interested in The Glen (in Glenview Illinois) who want large homes but without the maintenance of grass to mow and walks to shovel. I immediately tell them about Tower Crossing, a Glen development with townhomes ranging in size from roughly 3,000 sq ft to over 4,000 sq ft. […] Read more »
The conventional wisdom in real estate right now is that it’s a seller’s market because of low inventory (homes for sale) and high demand (lots of buyers). And that’s right, up to a point. It really doesn’t mean that there are few homes for sale. It only means that there are more buyers than sellers. […] Read more »