Archive for June 2012

Does your real estate agent know where he is?

Over many years I’ve continued to be stunned by how little real estate agents are about the locations of the homes they’re selling or assisting buyers in acquiring. Ask the name of the park or school across the street, where you can stop for breakfast nearby before visiting an open house, the location of the... Read more »

New in Glen Ellyn on a golf course

When your address is on Golfview Drive, you’d expect to have a view of a golf course. And you do, at two recently-listed homes in Glen Ellyn’s Greenbriar Glen subdivision. When you have a Glen Ellyn mailing address you’d expect to be in Glen Ellyn. These homes are in an unincorporated part of DuPage County.... Read more »

A Western Springs starter home for $289K

Starter homes in Western Springs typically range above $300K, sometimes closer to $400K. The newly-listed 3-bedroom, 2-bath Cape Cod at 4136 Gilbert Ave, however, is asking just $289,000. It’s across from a park, and close to downtown and the Metra station. Don’t expect the home to linger on the market. If you’re not familiar with... Read more »

A question about Berwyn's marketing campaign

Berwyn’s “Integrated Marketing Campaign” is in its sixth year and, according to the Berwyn Development Corporation: … the 2012 campaign continues to brand Berwyn as a top-choice destination for move-up and first-time homebuyers. The tagline – Believe the Buzz – delivers a confident message that highlights the livability of the Berwyn community and its growing... Read more »

Are west suburban real estate agents cheaping out on marketing your home?

If you’re looking at real estate listings in Chicago’s North Shore communities you can expect to see professional photography for almost every home priced at $2 million or above. When you look at listings in the same price range in some of Chicago’s western suburbs there seems to be less than an even chance that... Read more »

A west suburban real estate news roundup

If you’re homeward bound to Chicago’s western suburbs, the local media can help you learn the flavor of the different communities and keep you up-to-date on real estate news. Not all of the stories linked below qualify as actual “real estate news,” but they may affect your decision on where to move. Hemingway’s boyhood home... Read more »

Home sales pace quickens, prices stabilizing in Chicago metro area

The following market update arrived via a news release from RE/MAX Northern Illinois: Home sales in May offered some encouraging news for the metropolitan Chicago real estate market, according to an analysis by RE/MAX. Compared to activity in May 2011, sales this May were 23 percent higher. The average time those homes spent on the... Read more »

Beware of Craigslist home rental scams

A shocking number of home and apartment rental ads on Craigslist are nothing but fraudulent bait-and-switch come-ons. The ad pictured above, for example, offers a 4-bedroom home at 1394 E Braymore Cir in Naperville for $700 a month. It’s hard to imagine that there’s anyone out there gullible enough to entertain the notion that this... Read more »

Two new Hinsdale 6-bedrooms, $2.2M apart

There’s hardly a home buyer alive who needs to be told that homes with similar bedroom and bath counts in the same community can vary widely in price. Location, lot size, the quality of finishes, square footage, school district, architecture and a host of other factors can account for differences in price. If you’re looking... Read more »

A meticulously maintained 12,000 square foot Oak Brook home

Our tour of this estate begins with a golf cart ride around its 6 landscaped acres – fitting, given the home’s proximity to Butler National and the Oak Brook Golf Club. The grounds include formal gardens, broad expanses of lawn, an in-ground pool with hot tob and pool house, and a lighted tennis court. The... Read more »