Deerfield IL Realty April 7th-11th

Single Family Homes

New Listings

813 JUNEWAY AVE 4 Bed 2 Bath $254,900
437 Longfellow AVE 2 Bed 1 Bath $305,000
1106 Davis 3 Bed 1 Bath $329,000
551 LONGFELLOW AVE 3 Bed 2 Bath $329,900
506 Longfellow AVE 3 Bed 2 Bath $388,000
719 PINE ST 3 Bed 2 Bath $389,900
925 CASTLEWOOD LN 4 Bed 2.1 Bath $518,900
701 WESTGATE RD 3 Bed 2.1 Bath $589,000
1154 Stratford 5 Bed 3.1 Bath $659,000
61 ELLENDALE DR 5 Bed 3.1 Bath $679,000
1040 Heather RD 4 Bed 3.1 Bath $729,000
170 CRESTVIEW DR 5 Bed 3.1 Bath $769,000
1440 Country LN 5 Bed 3.1 Bath $799,000
312 Birchwood AVE 4 Bed 4.1 Bath $999,000
1116 Kenton RD 4 Bed 5.1 Bath $1,399,000


Under Contract
1333 Elmwood AVE 4 Bed 3 Bath $575,000
156 W St. Andrews LN 5 Bed 3.1 Bath $859,000


Price Changes
857 JUNIPER CT Deerfield 2 Bed 2 Bath $398,000 to $364,500
720 Jonquil TER Deerfield 3 Bed 2 Bath $389,000 to $369,000
201 FORESTWAY DR Deerfield 4 Bed 2.1 Bath $489,900 to $474,900
1142 Laurel AVE Deerfield 4 Bed 2.1 Bath $499,000 to $475,000
413 Locust PL Deerfield 4 Bed 2.1 Bath $475,000 to $475,000
1130 RAGO AVE Deerfield 3 Bed 2 Bath $499,000 to $479,000
1150 WALDEN LN Deerfield 4 Bed 3 Bath $599,000 to $575,000
962 CENTRAL AVE Deerfield 5 Bed 3.1 Bath $989,000 to $959,000
1064 GREENTREE AVE Deerfield 5 Bed 5 Bath $1,198,500 to $1,149,000
641 AMBLESIDE DRIVE Deerfield 5 Bed 4.3 Bath $1,599,000 to $1,549,000
417 Hermitage DR Deerfield 5 Bed 4.3 Bath $1,699,000 to $1,649,000
1530 Crabtree LN Deerfield 5 Bed 5.1 Bath $1,899,900 to $1,840,000
1232 Wincanton DR Deerfield 4 Bed 4.1 Bath $1,240,000 to $1,230,000


Closings
965 BROOKSIDE LN 3 Bed 2 Bath listed for $425,000 closed for $405,000
1200 Kenton RD 3 Bed 2.1 Bath listed for $479,000 closed for $440,000
433 Woodvale AVE 3 Bed 2 Bath listed for $499,000 closed for $470,000
30 ELLENDALE RD 4 Bed 2.1 Bath listed for $649,000 closed for $607,500
16 W ST ANDREWS LN 4 Bed 2.1 Bath listed for $869,900 closed for $860,000
52 Buckingham CT 5 Bed 4.1 Bath listed for $998,000 closed for $936,000
1325 Stratford RD 4 Bed 4.1 Bath listed for $1,279,900 closed for $1,237,000


Attached

New Listings
1032 INVERRARY LN 1032 2 Bed 1 Bath $169,000
423 ELM ST 5C 2 Bed 1.1 Bath $189,000
854 INVERrARY LN B 2 Bed 1.1 Bath $212,000
351 KELBURN RD 212 2 Bed 2 Bath $249,000
378 GOSHAWK LN 378 2 Bed 2.1 Bath $259,000

Price Changes
714 Inverrary LN 2 Bed 1.1 Bath $174,000 to $169,000
742 GROUSE CT 3 Bed 2.1 Bath $249,900 to $234,900

Closings
546 INVERRARY LN 0 2 Bed 1.1 Bath listed for $199,900 closed for $192,500
619 MARTIN LN 619 3 Bed 2.1 Bath listed for $279,900 closed for $273,000

Eric P. Egeland
RE/MAX Advanced (Deerfield)
847.337.7090
DeerfieldsAgent.com

Deerfield Realty March 26-30th

Single Family Homes

New Listings
1010 SPRINGFIELD AVE 3 Bed 3 Bath $300,000
730 Pine ST 3 Bed 1.1 Bath $329,900
420 Elm ST 4 Bed 2.1 Bath $610,000
43 ESTATE DRIVE 5 Bed 3.1 Bath $939,000

Price Changes
533 Longfellow AVE 3 Bed 2 Bath 3710 $469,000 to $449,900
821 WOODWARD AVE 5 Bed 3 Bath 8031 $499,900 to $484,900
1407 Bayberry LN 4 Bed 2.1 Bath 3710 $509,000 to $497,500
855 Fair Oaks AVE 3 Bed 3.1 Bath 24451 $529,000 to $499,000
531 Woodvale AVE 4 Bed 3 Bath 3710 $598,800 to $574,900
235 Oakmont DR 5 Bed 3.1 Bath 8118 $729,000 to $699,000
1128 DAVIS ST 4 Bed 3.1 Bath 2208 $949,000 to $899,000

Closed
1126 Wayne AVE 3 Bed 2.1 Bath $449,000 sold for $439,000
1160 DEERFIELD RD 4 Bed 2.2 Bath $675,000 sold for $675,000
830 CEDAR TER 4 Bed 4.1 Bath $959,900 sold for $945,000

Attached Homes

New Listings
304 Inverrary LN 2 Bed 2.1 Bath $269,900
1161 Waukegan RD 2 Bed 1.1 Bath $309,000
900 Poplar LN 3 Bed 2.1 Bath $428,000

Price Changes
441 Elm 3B 2 Bed 2.1 Bath $205,000 to $199,900

Under Contract
666 MALLARD LN Deerfield 2 Bed 3.1 Bath $329,000

Eric P. Egeland
RE/MAX ADVANCED-Deerfield
847.337.7090
DeerfieldsAgent.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 - Deerfield
847.337.7090
http://www.DeerfieldHomesOnline.com/dblog

Weekly Update

Though tragic, last week’s unfortunate assassination of former Pakistan Prime Minister Benazir Bhutto created only a minor ripple in stock and bond markets. Housing was again the more pressing concern. On that sinking front, home prices in 10 major metropolitan areas in October were down 6.7% from a year earlier, according to the S&P/Case-Shiller home-price indexes. The decline exceeded the previous record year-to-year decline of 6.3% in April 1991, when the economy was emerging from a recession. Meanwhile, sales of new homes continued on their downward spiral, falling to a 12-year low in November. Specifically, purchases tanked 9% to an annual pace of 647,000, which exceeded even the lowest estimate. The continued slowdown in home sales is also taking a toll on mortgage demand, with mortgage-application activity – both refinance and purchase – recently posting at the lowest level of the year, according to the Mortgage Bankers Association.

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

Deerfield Update 12/12/07

Not much to report from yesterday.

Single Family Homes
-1 New listing @ 125 Maya. It is a 4bed 3.5bath home listed for $1,450,000
-1000 North a 4bed 2.5bath home was reduced from $783,000 to $759,000
-No closings

Attached homes
-The only activity was 402 Kelburn a 2bed 2bath closed for $290,000