winnetka: Market Stats for Winnetka, Kenilworth & Wilmette IL
- 02/08/09 08:49 AM
This January we had 22 closed sales for single family homes in Winneta, Kenilworth, and Glencoe. After checking that statistic, I asked my husband how many homes he thought sold during the same period last year (January 2008.) He answered 60. You would have thought so, but . . . exactly the same number sold last year as this: 22.
Now let's look behind the numbers.
January 2009 Closed Sales (22)
High price: $5,299,000 Sold price: $5,000,000 (841 days on market, 94% of list)
Low price: $379,900 Sold price: $375,000 (172 days on market, 98.6% of list)
Average price: $1,337,430 Sold price: … (0 comments)
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winnetka: Winnetka - Saturday Open House & Holiday Sale!! 11am to 2 pm
- 12/04/08 09:41 AM
This Saturday, December 6 - I will be hosting an open house and holiday sale at my listing at:
874 Sheridan Road, Winnetka
This beautiful home has 4 bedrooms and 4 full baths and is located across the street from Tower Road Beach. Great new kitchen, updated baths, full basement and large bedrooms provide room for everyone!
Visit me from 11-2 on Saturday. I will have a variety of unique items for sale plus a raffle for a $25 gift certificate.
Come see this great house, sip a little hot cider, sample some cookies and treats and get a head start on … (1 comments)
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winnetka: 10 Energy Saving Tips for Your Home and Lifestyle
- 11/19/08 08:12 AM
Older homes, which are abundant in the North Shore, constantly need upkeep and ongoing maintenance. If your home is older than 10 years, you may need to invest in some weatherproofing maintenance.
Finally going "green" is a popular thing - not just something to be joked about. And it's also popular right now to be more frugal, which is itself a form of environmentalism. So with those two things in mind, I offer some suggestions for warming up the house and saving some money:
Maintain your HVAC System - To keep it running at peak efficiency, it should be serviced at least … (1 comments)
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winnetka: When Will We Hit Bottom? Are Winnetka, Kenilworth & Wilmette Getting Close?
- 11/12/08 06:26 AM
That's a question that everyone is tossing around - trying to hold out buying until we "hit bottom" or not selling until the market turns around and price start to rise again. Who's kidding who?
Nobody can predict when the bottoming out will occur - we may be fairly close as some estimates say or it could be years out. But this is what I know: home values will probably not return to pre-2005 levels for a very long time. The rise was just too steep, too quick and too mismanaged to happen again soon.
For one thing, lending … (1 comments)
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winnetka: Housing Snapshot for Winnetka, Wilmette, Kenilworth and Glencoe
- 11/08/08 06:28 AM
There is no denying that statistics are cold, hard facts. Usually, they can be interpreted only one way since numbers don't lie (at least that's what my long-suffering algebra teachers told me.) So I pull numbers every few months to get a reality check on the market - is what I am seeing and thinking really happening?
How hard has housing been hit on the North Shore? Well, not as hard as other parts of the country and that is a fact, but we're definitely feeling the pinch. In a quick check of the Pioneer Press Winnetka Talk (November 6, 2008 … (2 comments)
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winnetka: Results of Winnetka and Kenilworth Landmark Preservation Referendums
- 11/05/08 06:14 AM
November 4, 2008 was a historic day for our country. . . . but many things were decided at the local levels as well. In both Kenilworth and Winnetka, the property rights of owners trumped the preservationists attempts at getting more control over building and zoning laws. My earlier post at(http://activerain.com/blogsview/767471/Kenilworth-Winnetka-Consider-Historic-Preservation-Referendum-on-Nov-4) describes the details of all three measures.
The Kenilworth referendum was defeated with 928 voting against and 531 voting yes. In Winnetka, Referendum #1 was defeated 3734 to 2366, and Referendum #2 was defeated 4903 to 1342.
I'll say it again - as a realtor I'm really torn on this issue. … (0 comments)
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winnetka: Kenilworth & Winnetka Consider Historic Preservation Referendum on Nov. 4
- 10/30/08 11:57 AM
Ironically, next week's election has two neighboring towns, Winnetka and Kenilworth, IL, with referendums on historic homes - another attempt at dealing with the teardown/McMansion issue. Preservationists have decried for years that their villages are changing irrevocably for the worse while others champion for property rights and the freedom and ability to sell to whomever they please.
Kenilworth is undeniably a unique town - envisioned and built over 100 years ago by Joseph Sears whose specifications included large lots with quality construction. The completed look was one of stately homes that were large but left plenty of open green space around … (2 comments)
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winnetka: Home Sales Rising? Even the Midwest!
- 10/24/08 06:08 AM
Real estate news has been somewhat dismal for the past few months with homes sales trending downward and a resulting glut of homes for sale. As a realtor, I've wondered where have all the buyers gone? Lots to choose from and falling prices makes for an easy decision.
Well, maybe some of those buyers have finally stepped forward. The news I read this morning, from the Mizuho Securities US economist is definitely interesting. Here goes:
"Sales of existing single-family homes rose 5.5% in September as transactions surged in the West. Sales in the West rose by an unexpected 16.8% providing a solid … (0 comments)
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winnetka: North Shore Chicago - How Are We Faring?
- 10/16/08 10:29 AM
A client wrote me yesterday that he had just returned from a meeting of economists last week and was disturbed by their predictions. They had made a rather convincing argument that we will not see the bottoming out of this debacle until approximately 18 months after foreclosures peak. Since they have not peaked yet, then we could be looking into the "abyss" for the next 24 months.
The North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe and Evanston have certainly seen drops in prices and sometimes a vast disconnect between list price and final sale price. A quick MLS search for closed sales for the past … (1 comments)
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winnetka: Auction Buzz in Winnetka with Lakefront Home
- 10/03/08 08:15 AM
With the real estate market slow down that we've seen, there are now over 99,000 listings in the Multiple Listing Service of Northern Illinois as of today. Since properties are taking longer to sell, home sellers are looking at every possible means of snagging a buyer.
The new buzzword is "Real Estate Auction."
As anyone who's driven down Sheridan Road in Winnetka has seen, the home at 609 Sheridan Road will be auctioned in October. But this is not a fire sale or a desperate seller trying to get out before the bank comes calling. The owner has stated that the … (0 comments)
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winnetka: Should the Fell Building be Saved?
- 09/20/08 07:22 AM
By now everyone knows that New Trier Partners of Lincolnwood have plans to demolish the Fell Building on Lincoln St. in Winnetka. They want to build a four-story building with condominiums, retail and two levels of underground parking that would be 50 feet tall, 5 feet over the current allowed limit. And so the battle lines are being drawn as the preservationists galvanize for its survival, while others feel its time has passed. The building, designed by Walter Sobel in the 1960s received an Outstanding Merit Award in 1976 and was originally designed to handle the addition of two more floors.
… (0 comments)
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winnetka: What is Streetscape About?
- 09/15/08 11:47 AM
People living in Winnetka know that their village is beautiful - with its tree-lined streets, clean beaches, numerous parks and shopping areas. But, unfortunately, everything gets older and to keep looking our best some changes are in order. The Streetscape Master Planis an idea to unify and enhance Winnetka's three commercial districts and has been in design for over a year. Included are such things as realigning curbs, additional parking spaces, and adding new lighting, signage, sidewalk pavers, benches and landscaping.
The three commercial districts are known as Hubbard Woods, East/West Elm, and Indian Hill. More intensive changes will be constructed … (1 comments)
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This January we had 22 closed sales for single family homes in Winneta, Kenilworth, and Glencoe. After checking that statistic, I asked my husband how many homes he thought sold during the same period last year (January 2008.) He answered 60. You would have thought so, but . . . exactly the same number sold last year as this: 22. 
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