For Sale: 5BR/5+1BA Single Family House in Lincolnshire, IL, $1,495,000
Eric P. Egeland, SFR, CDPE, e-PRO
Broker Associate
RE/MAX SUBURBAN
ChicagolandHomeSeller.com
Showing posts with label lake county il. Show all posts
Showing posts with label lake county il. Show all posts
Friday, September 3, 2010
Tuesday, February 10, 2009
Market Recap
If a retailer wants to stimulate sales, what does he do? He lowers prices. It's a simple, yet powerful, principle of economics that we've been proselytizing over the past two months, and for good reason, it works. To wit: The National Association of Realtors (NAR) reported that its index of pending home sales, which measures contracts signed but not closed, rose 6.3% to 87.7 in December. Year-over-year, the pending-home-sales index was up 17.5% in the West and 1.6% in the South. Even more encouraging, the index's numbers reflect the most favorable combination of home prices, mortgage interest rates, and family income since tracking started in 1970.
Lower mortgage prices have contributed greatly to improving housing affordability. The prime 30-year fixed-rated mortgage has been floating below 6% for the past three months. But the mortgage market's contribution could diminish in the near term. Recent news that the federal government is seeking ways to lower mortgage-rates further sounds like a positive, but could actually be doing more harm than good. Yes, lower rates are a good thing (and we understand the NAR supports intervention to push rates lower), but if people are always anticipating lower rates, they hesitate to act today. Let's not forget that mortgage rates in the 5% range are darn-good rates, and even those can be readily refinanced if the feds succeed in pushing rates down.
While housing prices and mortgages have trended lower, unemployment has trended higher. Jobs, or the lack thereof, is the monkey wrench that could conceivably grind the housing-recovery gears to a halt (operative word being “conceivably”). On that front, there was much media teeth-gnashing and lamenting last week because the unemployment rate rose to 7.6% on 598,000 lost jobs in January.
How did the financial markets react to the “dire” unemployment news? The Dow Jones Industrial Average surged ahead 150 points in the first hour of trading. Like we stated last week, many economists view the recent job cuts as a bottoming of the recession, not an omen of things to come. It appears the stock market shares the same view.
Eric P. Egeland
RE/MAX UNITED
847.337.7090
DeerfieldsAgent.com
Lower mortgage prices have contributed greatly to improving housing affordability. The prime 30-year fixed-rated mortgage has been floating below 6% for the past three months. But the mortgage market's contribution could diminish in the near term. Recent news that the federal government is seeking ways to lower mortgage-rates further sounds like a positive, but could actually be doing more harm than good. Yes, lower rates are a good thing (and we understand the NAR supports intervention to push rates lower), but if people are always anticipating lower rates, they hesitate to act today. Let's not forget that mortgage rates in the 5% range are darn-good rates, and even those can be readily refinanced if the feds succeed in pushing rates down.
While housing prices and mortgages have trended lower, unemployment has trended higher. Jobs, or the lack thereof, is the monkey wrench that could conceivably grind the housing-recovery gears to a halt (operative word being “conceivably”). On that front, there was much media teeth-gnashing and lamenting last week because the unemployment rate rose to 7.6% on 598,000 lost jobs in January.
How did the financial markets react to the “dire” unemployment news? The Dow Jones Industrial Average surged ahead 150 points in the first hour of trading. Like we stated last week, many economists view the recent job cuts as a bottoming of the recession, not an omen of things to come. It appears the stock market shares the same view.
Eric P. Egeland
RE/MAX UNITED
847.337.7090
DeerfieldsAgent.com
Saturday, June 7, 2008
Deerfield Realty Market Activity
May 27-June 6th
Single Family Homes
New Listings
630 Elm ST Deerfield 3 Beds 2 Baths $274,900
737 DEERPATH DR Deerfield 2 Beds 1 Baths $384,900
1146 Deerfield RD Deerfield 3 Beds 2 Baths $389,900
525 Longfellow AVE Deerfield 3 Beds 2 Baths $439,000
110 Plumtree RD Deerfield 3 Beds 2.1 Baths $465,000
855 Fair Oaks AVE Deerfield 3 Beds 3.1 Baths $468,000
863 Todd CT Deerfield 4 Beds 2.1 Baths $549,000
730 Carriage WAY Deerfield 4 Beds 2.1 Baths $759,900
15 Standish DR Deerfield 4 Beds 2.1 Baths $799,500
845 King Richards CT Deerfield 4 Beds 3.2 Baths $849,900
1215 HACKBERRY RD Deerfield 4 Beds 3.1 Baths $1,149,000
400 Cumnor CT Deerfield 5 Beds 4.2 Baths $1,599,000
605 WESTGATE RD Deerfield 5 Beds 4.2 Baths $1,850,000
Under Contract
813 JUNEWAY AVE Deerfield 4 Beds 2 Baths $230,900
905 Warrington RD Deerfield 3 Beds 1.1 Baths $499,000
312 Birchwood AVE Deerfield 4 Beds 4.1 Baths $999,000
1064 GREENTREE AVE Deerfield 5 Beds 5 Baths $1,099,000
1250 Linden AVE Deerfield 4 Beds 3.1 Baths $1,250,000
Price Changes
730 Pine ST Deerfield 3 Beds 1.1 Baths $329,900 $309,900
859 Central AVE Deerfield 2 Beds 1 Baths $324,900 $319,000
539 MALLARD LN Deerfield 3 Beds 2 Baths $379,900 $349,900
946 Clay CT Deerfield 3 Beds 1.1 Baths $419,900 $419,500
413 Locust PL Deerfield 4 Beds 2.1 Baths $475,000 $450,000
1232 Wincanton DR Deerfield 3 Beds 2.1 Baths $470,000 $469,000
925 CASTLEWOOD LN Deerfield 4 Beds 2.1 Baths $518,900 $499,800
1542 Woodbine CT Deerfield 2 Beds 1.1 Baths $665,000 $647,500
1000 North AVE Deerfield 4 Beds 2.1 Baths $699,000 $659,900
1436 DEERFIELD RD Deerfield 5 Beds 4 Baths $669,000 $669,999
601 Carlisle AVE Deerfield 5 Beds 3.1 Baths $739,900 $698,000
755 WESTGATE RD Deerfield 4 Beds 3.1 Baths $799,000 $749,000
962 CENTRAL AVE Deerfield 5 Beds 3.1 Baths $959,000 $949,000
195 River ST Deerfield 5 Beds 4.1 Baths $1,100,000 $1,130,000
1224 KENTON RD Deerfield 4 Beds 3.1 Baths $1,299,000 $1,279,000
1327 Somerset ST Deerfield 5 Beds 4.1 Baths $1,295,000 $1,290,000
417 Hermitage DR Deerfield 5 Beds 4.3 Baths $1,649,000 $1,599,000
Closed
l20901 Catalpa ST Deerfield 3 Beds 2 Baths $359,900 closed for $341,500
821 WOODWARD AVE Deerfield 5 Beds 3 Baths $459,900 closed for $440,000
667 CARRIAGE WAY Deerfield 4 Beds 2.1 Baths $539,900 closed for $545,000
1112 N OSTERMAN AVE Deerfield 3 Beds 2.1 Baths $599,900 closed for $595,000
1133 Elmwood Deerfield 4 Beds 4.1 Baths $1,049,900 closed for $954,000
1156 CHERRY ST Deerfield 5 Beds 4.1 Baths $1,399,000 closed for $1,230,000
Attached Homes
New Listings
232 Inverrary Unit D Deerfield 3 Beds 1 Baths $158,900
1015 Deerfield Unit 232 Deerfield 2 Beds 2 Baths $180,000
1260 Inverrary Unit 1260 Deerfield 2 Beds 1.1 Baths $219,000
864 INVERRARY Unit 864 Deerfield 3 Beds 1.1 Baths $219,900
610 Robert York Unit 110 Deerfield 2 Beds 2 Baths $279,900
640 Robert York Unit 305 Deerfield 2 Beds 2 Baths $330,000
859 Bluebird Unit 0 Deerfield 3 Beds 2.1 Baths $334,900
610 ROBERT YORK Unit 302 Deerfield 2 Beds 2 Baths $419,000
816 Chestnut Unit B Deerfield 2 Beds 2.1 Baths $425,000
Under Contract
410 INVERRARY Unit 410 Deerfield 3 Beds 1.1 Baths $180,000
1050 INVERRARY Unit 0 Deerfield 3 Beds 1.1 Baths $185,900
402 Kelburn Unit 325 Deerfield 2 Beds 2 Baths $267,500
Price Changes
1171 Deerfield Unit 1171 Deerfield 2 Beds 1.1 Baths $229,000 changed to $219,000
738 GROUSE Unit 7387 Deerfield 2 Beds 2.1 Baths $250,000 changed to $244,900
410 Hummingbird Unit 410 Deerfield 3 Beds 2.1 Baths $289,900 changed to $275,000
439 Swan Unit 439 Deerfield 3 Beds 2.1 Baths $299,000 changed to $289,000
520 SOUTH COMMONS Unit - Deerfield 3 Beds 2 Baths $384,900 changed to $374,900
731 CENTRAL Unit 0 Deerfield 2 Beds 2.1 Baths $649,900 changed to $629,000
Closed
699 MALLARD LN - Deerfield 4 Beds 2.1 Baths $356,900 closed for $330,000
Eric P. Egeland
Re/Max United
847.337.7090
DeerfieldsAgent.com
Single Family Homes
New Listings
630 Elm ST Deerfield 3 Beds 2 Baths $274,900
737 DEERPATH DR Deerfield 2 Beds 1 Baths $384,900
1146 Deerfield RD Deerfield 3 Beds 2 Baths $389,900
525 Longfellow AVE Deerfield 3 Beds 2 Baths $439,000
110 Plumtree RD Deerfield 3 Beds 2.1 Baths $465,000
855 Fair Oaks AVE Deerfield 3 Beds 3.1 Baths $468,000
863 Todd CT Deerfield 4 Beds 2.1 Baths $549,000
730 Carriage WAY Deerfield 4 Beds 2.1 Baths $759,900
15 Standish DR Deerfield 4 Beds 2.1 Baths $799,500
845 King Richards CT Deerfield 4 Beds 3.2 Baths $849,900
1215 HACKBERRY RD Deerfield 4 Beds 3.1 Baths $1,149,000
400 Cumnor CT Deerfield 5 Beds 4.2 Baths $1,599,000
605 WESTGATE RD Deerfield 5 Beds 4.2 Baths $1,850,000
Under Contract
813 JUNEWAY AVE Deerfield 4 Beds 2 Baths $230,900
905 Warrington RD Deerfield 3 Beds 1.1 Baths $499,000
312 Birchwood AVE Deerfield 4 Beds 4.1 Baths $999,000
1064 GREENTREE AVE Deerfield 5 Beds 5 Baths $1,099,000
1250 Linden AVE Deerfield 4 Beds 3.1 Baths $1,250,000
Price Changes
730 Pine ST Deerfield 3 Beds 1.1 Baths $329,900 $309,900
859 Central AVE Deerfield 2 Beds 1 Baths $324,900 $319,000
539 MALLARD LN Deerfield 3 Beds 2 Baths $379,900 $349,900
946 Clay CT Deerfield 3 Beds 1.1 Baths $419,900 $419,500
413 Locust PL Deerfield 4 Beds 2.1 Baths $475,000 $450,000
1232 Wincanton DR Deerfield 3 Beds 2.1 Baths $470,000 $469,000
925 CASTLEWOOD LN Deerfield 4 Beds 2.1 Baths $518,900 $499,800
1542 Woodbine CT Deerfield 2 Beds 1.1 Baths $665,000 $647,500
1000 North AVE Deerfield 4 Beds 2.1 Baths $699,000 $659,900
1436 DEERFIELD RD Deerfield 5 Beds 4 Baths $669,000 $669,999
601 Carlisle AVE Deerfield 5 Beds 3.1 Baths $739,900 $698,000
755 WESTGATE RD Deerfield 4 Beds 3.1 Baths $799,000 $749,000
962 CENTRAL AVE Deerfield 5 Beds 3.1 Baths $959,000 $949,000
195 River ST Deerfield 5 Beds 4.1 Baths $1,100,000 $1,130,000
1224 KENTON RD Deerfield 4 Beds 3.1 Baths $1,299,000 $1,279,000
1327 Somerset ST Deerfield 5 Beds 4.1 Baths $1,295,000 $1,290,000
417 Hermitage DR Deerfield 5 Beds 4.3 Baths $1,649,000 $1,599,000
Closed
l20901 Catalpa ST Deerfield 3 Beds 2 Baths $359,900 closed for $341,500
821 WOODWARD AVE Deerfield 5 Beds 3 Baths $459,900 closed for $440,000
667 CARRIAGE WAY Deerfield 4 Beds 2.1 Baths $539,900 closed for $545,000
1112 N OSTERMAN AVE Deerfield 3 Beds 2.1 Baths $599,900 closed for $595,000
1133 Elmwood Deerfield 4 Beds 4.1 Baths $1,049,900 closed for $954,000
1156 CHERRY ST Deerfield 5 Beds 4.1 Baths $1,399,000 closed for $1,230,000
Attached Homes
New Listings
232 Inverrary Unit D Deerfield 3 Beds 1 Baths $158,900
1015 Deerfield Unit 232 Deerfield 2 Beds 2 Baths $180,000
1260 Inverrary Unit 1260 Deerfield 2 Beds 1.1 Baths $219,000
864 INVERRARY Unit 864 Deerfield 3 Beds 1.1 Baths $219,900
610 Robert York Unit 110 Deerfield 2 Beds 2 Baths $279,900
640 Robert York Unit 305 Deerfield 2 Beds 2 Baths $330,000
859 Bluebird Unit 0 Deerfield 3 Beds 2.1 Baths $334,900
610 ROBERT YORK Unit 302 Deerfield 2 Beds 2 Baths $419,000
816 Chestnut Unit B Deerfield 2 Beds 2.1 Baths $425,000
Under Contract
410 INVERRARY Unit 410 Deerfield 3 Beds 1.1 Baths $180,000
1050 INVERRARY Unit 0 Deerfield 3 Beds 1.1 Baths $185,900
402 Kelburn Unit 325 Deerfield 2 Beds 2 Baths $267,500
Price Changes
1171 Deerfield Unit 1171 Deerfield 2 Beds 1.1 Baths $229,000 changed to $219,000
738 GROUSE Unit 7387 Deerfield 2 Beds 2.1 Baths $250,000 changed to $244,900
410 Hummingbird Unit 410 Deerfield 3 Beds 2.1 Baths $289,900 changed to $275,000
439 Swan Unit 439 Deerfield 3 Beds 2.1 Baths $299,000 changed to $289,000
520 SOUTH COMMONS Unit - Deerfield 3 Beds 2 Baths $384,900 changed to $374,900
731 CENTRAL Unit 0 Deerfield 2 Beds 2.1 Baths $649,900 changed to $629,000
Closed
699 MALLARD LN - Deerfield 4 Beds 2.1 Baths $356,900 closed for $330,000
Eric P. Egeland
Re/Max United
847.337.7090
DeerfieldsAgent.com
Sunday, April 13, 2008
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
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
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