Single Family Homes
New Listings
859 Central AVE Beds 1 Baths $324,900
1030 FOREST AVE Beds 2 Baths $469,000
711 Carlisle Beds 2.1 Baths $579,000
1515 Wilmot RD Beds 5.1 Baths $995,000
1124 Greentree AVE Beds 3.1 Baths $1,100,000
1267 Linden AVE Beds 4.1 Baths $1,599,000
1443 Stratford RD Beds 4.1 Baths $1,699,000
507 Radcliffe CIR Beds 2 Baths $449,900
Price Changes
15204 Walnut DR Beds 1 Baths $269,900 to $249,900
458 LONGFELLOW AVE Beds 2 Baths $369,000 to $345,000
1232 Wincanton DR Beds 2.1 Baths $474,000 to $472,000
1639 VILLAGE GREEN CT Beds 2.1 Baths $539,000 to $524,900
914 BEVERLY PL Beds 3 Baths $669,000 to $665,000
1102 COUNTRY LN Beds 3.1 Baths $691,000 to $677,200
1032 Warrington Beds 3.1 Baths $1,095,000 to $998,000
902 Bristol DR Beds 4.1 Baths $1,079,000 to $999,000
1111 Cherry ST Beds 4.1 Baths $1,059,000 to $1,089,000
195 River ST Beds 4.1 Baths $1,450,000 to $1,125,000
1155 North AVE Beds 3.2 Baths $1,275,000 to $1,199,000
932 Castlewood LN Beds 3.1 Baths $1,119,000 to $1,199,000
Closed
1407 Bayberry LN Beds 2.1 Baths $497,500 closed for $464,500
1611 BERKELEY CT Beds 4.1 Baths $1,595,000 closed for $1,450,000
Attached Homes
New Listings
838 Inverrary LN Unit # 838 2 Beds 1.1 Baths $199,900
440 INVERRARY LN Unit # 440 2 Beds 2 Baths $249,353
613 MARTIN LN Unit # 613 3 Beds 2.1 Baths $299,900
442 PARTRIDGE LN Unit # 16-2 4 Beds 2.1 Baths $340,000
407 Winston DR Unit # 407 3 Beds 2.1 Baths $355,000
892 SWAN LN Unit # - 4 Beds 2.1 Baths $364,900
Under Contract
411 KELBURN RD Unit #225 2 Beds 2 Baths $359,900
Price Changes
905 FOUNTAIN VIEW DR 905 3 Beds 2.1 Baths $559,000 to $529,900
Eric P. Egeland
RE/MAX United
847.337.7090
DeerfieldsAgent.com
Thursday, May 15, 2008
Sunday, May 11, 2008
Deerfield Realty May 9th-11th
Single Family Homes
New Listings
1252 Carlisle PL 4 Beds 2.1 Bath $479,900
Under Contract
720 Jonquil TER Deerfield 7 Baths 3 Bath $345,000
Price Changes
201 FORESTWAY DR 4 Beds 2.1 Baths $474,900 to $444,900
1020 Summit DR 4 Beds 2.1 Baths $699,900 to $665,000
1128 DAVIS ST 4 Beds 3.1 Baths $899,000 to $879,000
195 River ST 5 Beds 4.1 Baths $1,450,000 to $1,150,000
Closed
20882 N ASH ST 4 Beds 2 Baths $300,000 closed for $287,000
Attached Homes
Price Changes
422 Kelburn RD Unit # 323 3 Beds 2 Baths $539,900 to $519,900
Closed
347 Milford RD Unit # 347 3 Beds 2.1 Baths $498,900 closed for $470,000
739 Central AVE Unit # 0 3 Beds 2.1 Baths $519,999 closed for $490,000
Eric P. Egeland
RE/MAX United
847.337.7090
DeerfieldsAgent.com
New Listings
1252 Carlisle PL 4 Beds 2.1 Bath $479,900
Under Contract
720 Jonquil TER Deerfield 7 Baths 3 Bath $345,000
Price Changes
201 FORESTWAY DR 4 Beds 2.1 Baths $474,900 to $444,900
1020 Summit DR 4 Beds 2.1 Baths $699,900 to $665,000
1128 DAVIS ST 4 Beds 3.1 Baths $899,000 to $879,000
195 River ST 5 Beds 4.1 Baths $1,450,000 to $1,150,000
Closed
20882 N ASH ST 4 Beds 2 Baths $300,000 closed for $287,000
Attached Homes
Price Changes
422 Kelburn RD Unit # 323 3 Beds 2 Baths $539,900 to $519,900
Closed
347 Milford RD Unit # 347 3 Beds 2.1 Baths $498,900 closed for $470,000
739 Central AVE Unit # 0 3 Beds 2.1 Baths $519,999 closed for $490,000
Eric P. Egeland
RE/MAX United
847.337.7090
DeerfieldsAgent.com
Friday, May 9, 2008
Deerfield Realty April 29th-May 8th
Deerfield Illinois Realty Report
Single Family Homes
New Listings
20742 ASPEN CT 3 Beds 1 Bath $244,900
1313 Holly LN 4 Beds 2 Bath $369,900
926 Rosemary Terrace 4 Beds 1.1 Bath $437,000
1233 WOODRUFF AVE 3 Beds 1.1 Bath $439,000
1563 Hawthorne PL 4 Beds 3.1 Bath $865,000
924 FOREST AVE 4 Beds 3.1 Bath $869,000
561 Brierhill RD 6 Beds 6.5 Bath $4,495,000
Under Contract
920 Summit DR 4 Beds 2.1 Baths $759,000
1133 Elmwood 4 Beds 4.1 Baths $1,049,900
1156 CHERRY ST 5 Beds 4.1 Baths $1,399,000
Price Changes
813 JUNEWAY AVE 4 Beds 2 Baths $254,900 to $234,900
720 Jonquil TER 3 Beds 2 Baths $369,000 to $345,000
1003 N WILMOT 3 Beds 1.1 Baths $369,700 to $349,900
909 Holmes AVE 3 Beds 1 Baths $364,500 to $349,900
1248 Hackberry RD 4 Beds 2.1 Baths $445,000 to $425,000
1016 Sheridan RD 3 Beds 1.1 Baths $439,000 to $429,000
1055 Forest 4 Beds 2 Baths $479,000 to $465,000
150 Birchwood AVE 4 Beds 3.1 Baths $589,000 to $547,000
61 ELLENDALE DR 5 Beds 3.1 Baths $649,000 to $648,000
676 Pine ST 4 Beds 3.1 Baths $799,000 to $775,000
442 Amberley LN 3 Beds 2.1 Baths $868,900 to $839,900
195 River ST 5 Beds 4.1 Baths $1,450,000 to $1,175,000
1327 Somerset ST 5 Beds 4.1 Baths $1,450,000 to $1,298,000
775 Summit DR 5 Beds 5.2 Baths $2,295,000 to $2,150,000
Closed
849 Appletree AVE Deerfield 3 2 3910 $425,000 closed for $409,250
1118 Gordon TER Deerfield 4 2.1 3910 $649,900 closed for $576,000
231 Gladys CT Deerfield 4 2.1 3640 $695,000 closed for $645,000
909 WESTCLIFF AVE Deerfield 4 4.3 3910 $1,499,000 closed for $1,425,000
Attached Homes
New Listings
442 Kelburn RD 121 1 Beds 1 Baths $195,900
914 INVERRARY DR 914 2 Beds 1.1 Baths $209,900
519 Hummingbird LN 519 2 Beds 2.1 Baths $289,500
Under Contract
714 Inverrary LN 2 Beds 1.1 Baths $169,000
1300 Barclay LN 2 Beds 1.1 Baths $234,000
Price Changes
1032 INVERRARY LN # 1032 2 Beds 1 Baths $168,000 to $166,000
463 ELM ST # 1I 2 Beds 1.1 Baths $189,500 to $185,500
382 Kelburn # 322 2 Beds 2 Baths $289,900 to $278,000
Closed
297 Tanager ST # 297 3 Beds 2.1 Baths $274,500 closed for $260,000
821 Fountain View DR # 821 3 Beds 2.1 Baths $699,000 closed for $647,500
Eric P. Egeland
RE/MAX United
847.337.7090
DeerfieldsAgent.com
Single Family Homes
New Listings
20742 ASPEN CT 3 Beds 1 Bath $244,900
1313 Holly LN 4 Beds 2 Bath $369,900
926 Rosemary Terrace 4 Beds 1.1 Bath $437,000
1233 WOODRUFF AVE 3 Beds 1.1 Bath $439,000
1563 Hawthorne PL 4 Beds 3.1 Bath $865,000
924 FOREST AVE 4 Beds 3.1 Bath $869,000
561 Brierhill RD 6 Beds 6.5 Bath $4,495,000
Under Contract
920 Summit DR 4 Beds 2.1 Baths $759,000
1133 Elmwood 4 Beds 4.1 Baths $1,049,900
1156 CHERRY ST 5 Beds 4.1 Baths $1,399,000
Price Changes
813 JUNEWAY AVE 4 Beds 2 Baths $254,900 to $234,900
720 Jonquil TER 3 Beds 2 Baths $369,000 to $345,000
1003 N WILMOT 3 Beds 1.1 Baths $369,700 to $349,900
909 Holmes AVE 3 Beds 1 Baths $364,500 to $349,900
1248 Hackberry RD 4 Beds 2.1 Baths $445,000 to $425,000
1016 Sheridan RD 3 Beds 1.1 Baths $439,000 to $429,000
1055 Forest 4 Beds 2 Baths $479,000 to $465,000
150 Birchwood AVE 4 Beds 3.1 Baths $589,000 to $547,000
61 ELLENDALE DR 5 Beds 3.1 Baths $649,000 to $648,000
676 Pine ST 4 Beds 3.1 Baths $799,000 to $775,000
442 Amberley LN 3 Beds 2.1 Baths $868,900 to $839,900
195 River ST 5 Beds 4.1 Baths $1,450,000 to $1,175,000
1327 Somerset ST 5 Beds 4.1 Baths $1,450,000 to $1,298,000
775 Summit DR 5 Beds 5.2 Baths $2,295,000 to $2,150,000
Closed
849 Appletree AVE Deerfield 3 2 3910 $425,000 closed for $409,250
1118 Gordon TER Deerfield 4 2.1 3910 $649,900 closed for $576,000
231 Gladys CT Deerfield 4 2.1 3640 $695,000 closed for $645,000
909 WESTCLIFF AVE Deerfield 4 4.3 3910 $1,499,000 closed for $1,425,000
Attached Homes
New Listings
442 Kelburn RD 121 1 Beds 1 Baths $195,900
914 INVERRARY DR 914 2 Beds 1.1 Baths $209,900
519 Hummingbird LN 519 2 Beds 2.1 Baths $289,500
Under Contract
714 Inverrary LN 2 Beds 1.1 Baths $169,000
1300 Barclay LN 2 Beds 1.1 Baths $234,000
Price Changes
1032 INVERRARY LN # 1032 2 Beds 1 Baths $168,000 to $166,000
463 ELM ST # 1I 2 Beds 1.1 Baths $189,500 to $185,500
382 Kelburn # 322 2 Beds 2 Baths $289,900 to $278,000
Closed
297 Tanager ST # 297 3 Beds 2.1 Baths $274,500 closed for $260,000
821 Fountain View DR # 821 3 Beds 2.1 Baths $699,000 closed for $647,500
Eric P. Egeland
RE/MAX United
847.337.7090
DeerfieldsAgent.com
Wednesday, May 7, 2008
Rates up or Down?
Will the recent cut in the fed funds rate translate into lower mortgage rates? The answer is an equivocal yes and no. It's possible we'll see lower rates on some adjustable rate mortgages, but it's no slam-dunk. ARMs are more closely linked to the fed funds rate than fixed-rate mortgages, to be sure, but have only fallen about half a percentage point since September. ARMs played a leading role in the recent foreclosure fiasco, which has kept their rates higher than what would normally be expected.
Fixed-rate mortgages, on the other hand, are driven by rates on 10-year treasury notes. Rates on a 30-year fixed mortgage are typically 1.5 percentage points higher than the rate on the 10-year Treasury note, but because of increased risk perception – brought on by higher foreclosure rates and a stagnating housing market – that premium has expanded to 2.3 percentage points.
The 10-year Treasury note rate, in turn, is driven by inflation expectations. On that front, rising inflation concerns are pushing 10-year treasury rates higher.
So what's the outlook for mortgage rates? The focus is shifting back to inflation, which means rates are unlikely to go much lower. But while inflation could pressure 10-year treasury rates, a narrowing risk premium could offset the impact on fixed-rate mortgages. In other words, odds favor rates moving higher, but not much higher, so anyone sitting on the sidelines waiting for a drastic improvement is likely waiting in vain.
Eric P. Egeland
RE/MAX United
847.337.7090
DeerfieldsAgent.com
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