Deerfield Realty Report Jan. 18-26

Deerfield Real Estate Jan. 18-26 2008


Single Family Homes

Under Contract

• 1111 Park a 4bed 2.5bath home went under contract with a list price of $495,000

New Listings

• 1308 Somerset Ave. a 2bed 1.5bath $399,000
• 830 Cedar Ter. a 4bed 4.5bath $959,900
• 1363 Woodland Dr. a 5bed 5full 2half bath $1,949,000

Price Reductions

• 6 Price Reductions

Closed

• 1362 Arbor Vitae Rd. a 4bed 4bath closed for $429,000
• 1028 Hazel St. a 4bed 3.5bath closed for $1,101,050

Attached Homes

Under Contract

• 1220 Inverrary Ln. a 2bed 1.5bath $209,400
• 832 Swallow a 4bed 2bath $277,500

New Listings

• 1118 Inverrary Ln. a 3bed 2bath $175,000
• 382 Kelburn a 2bed 2bath $299,000

Price Reduction

• 1 reduction

Closed

• No Closings

Eric P. Egeland
Re/Max Advanced
847.337.7090

DeerfieldHomesOnline.com

BG Realty Report Jan 15-17th

Single Family Homes

-4 New Listings

• 275 University Dr. a 4bed 2bath $354,900
• 770 Silver Rock Ln. 4bed 3bath $364,500
• 982 Thompson Blvd. 3bed 2.5bath $379,900
• 2871 Dunstan Ln. 4bed 2.5bath $749,900

-4 Under Contract

• 681 Indian Spring a 3bed 2bath $329,900
• 968 Crofton Ln. a 3bed 2.5bath $338,800
• 918 N. Knollwood Dr. a 3bed 2.5bath $359,999
• 1421 Camden Ct. a 4bed 2.5 bath $429,900

-1 Price Reduction

-3 Closings

• 840 Silver Rock a 4bed 2.5bath closed for $319,500
• 572 Sycamore Rd. a 3bed 2bath closed for $350,000
• 440 N. Foxford Dr. a 4bed 2.5bath closed for $727,500

Attached Homes

-8 New Listings ranging in price from $149,000-429,000

-7 Price Reductions

-1 Pending

www.HomesInBG.com

Buffalo Grove Reports Jan 13 & 14th

Buffalo Grove Realty Reports for January 13th & 14th 2008

Single Family Homes

-2 New Listings

• 1417 Mill Creek a 4bed 3.5bath home listed for $439,900
• 69 Fabish Ct. a 4bed 2.1bath home listed for $450,000

-2 Homes under contract

• 930 Parker Ln. a 3bed 3bath with a list price of $449,999
• 321 Butternut Dr. a 4bed 4.5bath with a list price of $1,200,000

-4 Price Reductions

-1 Closing

• 440 Foxford Dr. a 4bed 2.5bath home closed for $727,500

Attached Homes

-3 New Listings

• 5 Oak Creek #3101 a 1bed 1bath $79,950
• 3 Villa Verde #309 a 1bed 1bath $108,900
• 1149 Miller Ln. #111 a 2bed 2bath $159,900

-3 Under Contract

• 658 Hapsfield #3D2 a 2bed 2bath $198,000
• 81 Le Jardin #81 a 2bed 1.5bath $220,000
• 14 Willoww a 2bed 2bath $269,900

-2 Price Changes

Eric P. Egeland

www.HomesInBG.com

Buffalo Grove Realty January 10-12th

Buffalo Grove Real Estate activity for January 10-12th

Single Family Homes
-3 Properties went under contract
-437 Navajo listed @ $250,000
-491 Checker listed @ $399,000
-54 E Fox Hill listed @ $419,900
-4 New Listings ranging in price from $329,900-$625,000
-5 Price Reductions
-505 Thorndale Dr. a 4bed 2.5bath home closed for $515,000

Attached Homes
-3 Properties went under contract
-974 Thorton listed @ $114,900
-1125 Miller listed @ $156,500
-330 Dogwood listed @ $229,900
-8 New Listings ranging in price from $75,000-275,000
-825 N. Grove a 2bed 1bath condo closed for $126,500


Eric P. Egeland
RE/MAX Advanced
847.337.7090
www.HomesInBG.com

January 9th Market Activity

Market Activity for Buffalo Grove

Single Family Homes
-2 New Listings
-730 Shady Grove Lane a 4bedroom 2.5bath home listed @ $439,900
-2207 Miramar Ct. a 5bed 4bath home listed @ $769,000
-809 Thorton Ln. a 3bed 2bath home went under contract for $339,900
-994 Thompson Dr. a 4bed 2.5bath closed for $395,000

Attached Homes
-2 New Listings
-102 Steeple a 2bed 1.5bath listed for $169,900
-988 Hidden Lake a 3bed 2bath listed for $218,777
-3 Price reductions
-Nothing under contract
-2 Villa Verde #220 a 2bed 2bath closed for $138,750

Eric P. Egeland
RE/MAX Advanced
847.337.7090
www.HomesInBG.com

Market activity for Jan 1-8th 2008

BG market updates for the 1st-8th

Single Family Homes
-142 Toulon a 4bed 3.5bath home went under contract with a list price of $499,000
-5 New listings ranging in price from $299,500-$695,000
-6 Price reductions
-488 Lauren a 4bed 2bath closed for $322,000

Attached Housing
-3 Properties went under contract ranging in price from $199,900-$319,000
-7 New listings ranging in price from $129,900-$299,900
-10 Price reductions (I guess some people were holding out to the beginning of the year to drop their price)
-4 Closings
-2 Villa Verde #220 closed for $138,750
-3 Villa Verde #215 closed for $130,200
-611 Hapsfield #303 closed for $178,000
-1284 Ranchview closed for $203,500


Eric P. Egeland
RE/MAX Advanced
847.337.7090
http://www.homesinbg.com/

Week Recap

The news last week was generally favorable for housing and lending, though you would hardly know it by the pessimistic spin applied by media commentators. For instance, sales of existing homes unexpectedly rose 0.4% in November to an annual rate of 5 million units, according to the National Association of Realtors. Unfortunately, the accompanying commentary was generally nuanced pessimistically in the media. In another example, orders from U.S. factories rose more than forecast in November. The 1.5% increase was the most in four months and followed a revised 0.7% increase in October, according to the Commerce Department. Nevertheless, the corresponding commentary generally mirrored that of a Lehman Brothers economist who said: “Manufacturers are becoming more cautious. We do think the next several quarters are going to be a prolonged period of weakness.'' There was genuinely negative news: Hiring in the U.S. slowed more than forecast in December and unemployment jumped to a two-year high, rising from 4.7% in November to 5.0%. That news was greeted with the obligatory, if not patronizing, “I-told-you-so” explanations. There are, of course, genuine economic concerns, as most of us are well aware. The point is to explicate that no matter what positive news is disseminated at this point, it's unlikely to be received favorably. Commentators are lagging indicators: They aren't going to presage the possibility of a housing or lending recovery until it is well under way.

Eric P. Egeland
RE/MAX Advanced
847.337.7090
http://www.homesinbg.com/bgblog