2012 REAL ESTATE MARKET

2012 was a comeback year in real estate for many of our local communities. The market was extremely active and positive results were achieved in growth for units sold for many. However, this rush of activity has affected the current market, as the amount of homes for sale has dropped dramatically. For home sellers now on the market, there is much less competition. This can also increase the likelihood of multiple offers on a property, as there are more buyers than homes.

Chicago land's multiple listing service (MLS) MRED did a study recently of inventory. MRED, which is one of the largest MLS organizations in the country, announced that December 2012 figures indicate the volume of properties for sale on December 31, 2012 was at about half (50%) of that for 2010.

We anticipate the inventory will grow slowly in the coming year. If you have thought of putting your home up for sale, the current market conditions should be a positive sign for you. I can help you best position your home to take advantage of the newly revived real estate market. ~PAM

 

Each Tuesday, rain, snow, sleet or sunshine, the real estate brokerage firms host Open Houses in Highland Park, Il. These open houses are usually for Realtors but, the public is welcome.

On today's tour there was an exceptional home on Ridge Road that was built in 2005 by Benjamin Builders. Original sale price was $925,000. Back on the market today it is listed for $715,000!

Open, sunny floor plan, hardwood floors on the 1st floor, finished basement w9'+ ceilings full bath & bed. Second level offers master suite & bath w/3 beds & 2 additional full baths.

****Do Not Miss this Neutral Decorated home, this won't last long!****

Call Pam today for your appointment: (847) 681-4143

 

RARE opportunity to own one of Highland Park's treasures.

This Prairie style home was taken down to studs. Salvaged usable materials, NEW kitchen, baths, hardwood floors, fireplace, coffer ceilings, bedrooms w/walk-in closets, original 1918 barn converted to a garage/Coach House (unfinished). Period light fixtures, antique cabinetry.

3 bedrooms, 2 full bathrooms, open floor plan ~ AVAILABLE NOW!

 

PAM ACHIEVES NATIONAL ASSOCIATION OF REALTORS® GREEN DESIGNATION

I am proud to have been awarded the National Association of REALTORS^®’ [NAR’s] Green Designation, the only green real estate professional designation recognized by NAR.

I achieved this prestigious designation after completing 18 hours of course work designed specifically for REALTORS^®. 

I have the resources and education to help my clients determine what makes a property green, benefits of green building, listing and marketing green homes and discussing incentives available to homeowners to see a property’s green potential.

 

Welcome to My Blog!

I am a Realtor with the Coldwell Banker Residential network. The Coldwell Banker name represents excellence and professionalism to all who see it. I am not just a local Realtor; I have global ties around the world. At CB, we have instituted the most sophisticated technology available today to sell or purchase a home.
I look forward to sharing information with you on trends, market activity, new listings, personal stories, fun facts, home products, or just whatever.
Thank you for following my BLOG and please share the link with your group of friends or co-workers. ~Pam