kenilworth: Seller’s Market...But Are Sellers Able To Maintain The Upper Hand? - 03/17/14 08:38 AM
Seller’s Market...But Are Sellers Able To Maintain The Upper Hand?
 
Let’s face it.  In most price categories in Winnetka, Glencoe, Wilmette and Kenilworth, it seems to be a seller’s market.  What that means is that for well priced listings, the market times are very short and sellers have some power on pricing and other terms in the sale of their properties.
Frequently, we are seeing multiple offers for desirable properties.

 
This has been further compounded by the extremely small inventories of home for sale.  
 
However, there is an interesting phenomena that is taking place all … (4 comments)

kenilworth: The New, New Thing? - 04/12/13 09:33 AM
Inventories are at the lowest levels we’ve seen in over a deca
de.
 
 
This is true in Winnetka, Wilmette, Kenilworth and everywhere else on the North Shore.  It’s also true in many parts of Chicago as well as much of America.  
 
At the same time, the level of demand for homes has increased by leaps and bounds.
 
 
 
 
 
 

         (Feeding Frenzy courtesy of rwcox123’s photostream at Flickr.com)
 
 
These are the questions that keep real estate professionals awake at night.  
 
It was not long ago … (6 comments)

kenilworth: Is Now the Time To Sell? - 10/26/12 05:36 AM
Is Now the Time To Sell?As we move into the historically quiet holiday period, many homeowners who are contemplating selling their homes now are holding off until the traditionally stronger spring market.  While the number of potential buyers will in all likelihood be greater in the spring, there are some startling events occurring in the current market on the North Shore that may make you want to re-think your plan. This chart reflects the number of active listings of single family homes (not including properties that are under contract) exactly one year ago compared to today:
Village                        October 25 2011               … (4 comments)

kenilworth: The Worm Has Turned - 04/04/12 11:34 PM
The Worm Has Turned     It’s been a long wait.  There have been many “fits and starts”.  We thought it might have happened several times over the past several years, only to be disappointed.  This time it seems to be the real thing.    Of course, I’m talking about a residential real estate recovery on the North Shore.         All real estate is local.  Therefore, I’m not talking about a national, or even a regional recovery.  I’m specifically speaking of a strong upswing in the Winnetka, Wilmette and Evanston markets.  The Kenilworth, Glencoe and Highland Park markets are showing some new strength … (73 comments)

kenilworth: Is Redfin Trying To Become a Listing Agent? - 03/23/12 12:41 AM
Is Redfin Trying To Become a Listing Agent?I read a very interesting news story this morning.  Redfin has introduced a home pricing tool which seems to be created along the same lines as Zillow’s “Zestimate”.  I haven’t found the next logical step...which is how they are going to help homeowners market it on their own, but I sense that is the direction of their business plan.Many real estate professional have found the Zestimate to be one of the most unfortunate innovations of the electronic age.  While Zillow has staunchly defended their accuracy, many in the real estate industry believe that they … (2 comments)

kenilworth: WE Can Lead A Horse To Water.... - 01/10/12 10:44 AM
We Can Lead a Horse To Water.....A few times in the past year or so, we have had North Shore listings that didn’t sell and eventually, the sellers withdrew them from the market.  In each of these situations, we had recommended a lower initial asking price or price reductions and the seller either delayed them until they were way behind the market or didn’t agree to them at all.  Most of the time, the sellers asked us what we could do to bring THE buyer to the property.  We discussed all of our marketing efforts. 
                                                             (photo courtesy of aboutmattlaw  via … (2 comments)

kenilworth: We’d Like to “Add Value” in Certain Areas...But We Can’t - 11/30/11 03:24 AM
We’d Like to “Add Value” in Certain Areas...But We Can’t
The way that we try to differentiate ourselves from other agents to our buying clients is to provide “added value” to their total transaction process. We do this is many ways including but not limited to:
 
Our knowledge of the current inventory in the Winnetka, Wilmette, Northfield, Glencoe,  Kenilworth and other North Shore markets; The history of transaction in these areas; Our ability to assist you in negotiating the best possible price and other terms for your purchase;  Our ability to “flush out” properties that are not currently on the … (6 comments)

 
Howard and Susan Meyers (The Hudson Company Winnetka and North Shore)

Howard and Susan Meyers

Winnetka, IL

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The Hudson Company Winnetka and North Shore

Address: 851 Spruce, Winnetka, Il., 60093

Mobile: (847) 778-1394

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