DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR LAKE BLUFF, Illinois.

LAKE BLUFF, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.........4....................84.…….....................$173,250.................$679,500
Single Family…................6..................158..............................$699,000….............$8,430,000

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
..........................................5...................72........……...…........$1,800…...…….......$10,275
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR LAKE FOREST, Illinois.

.................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.........2..................394.…….....................$541,250.................$1,082,500
Single Family…..............16..................175..............................$699,000….............$12,551,250

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
..........................................7...................44........……...…........$3,150…...…….......$24,575
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR HIGHLAND PARK, Illinois.

HIGHLAND PARK, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.........4....................86.…….....................$300,000.................$1,318,300
Single Family…..............21....................84..............................$489,999….............$12,904,899

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
..........................................9...................51........……...…........$1,800…...…….......$18,035
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR RIVERWOODS, Illinois.

RIVERWOODS, IL.
............................Units….DAYS on MARKET…….Median Sold $.....TOTAL SOLD
Single Family…......5….................9..............................$699,999……...$3,610,343

RENTALS: ........Units...... DAYS ON MARKET…Median Rental $....TOTAL
................................1...................71……..………….....$3,400..………$3,400
Note: There are only single family homes in RIVERWOODS, IL. Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR BANNOCKBURN, Illinois.

BANNOCKBURN, IL.
............................Units….DAYS on MARKET…….Median Sold $.....TOTAL SOLD
Single Family…......1…..............138..............................$1,200,000……...$1,200,000

RENTALS: ........Units...... DAYS ON MARKET…Median Rental $....TOTAL
................................0.....................0……..………….....$0…….…………$0
Note: There are only single family homes in BANNOCKBURN, IL. Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

DECEMBER 1 – DECEMBER 31, 2014: SOLD & RENTAL DATA FOR DEERFIELD, Illinois.

DEERFIELD, ILLINOIS
....................................Units…...DAYS on MARKET…….Median Sold $..........TOTAL SOLD
Condos/Townhomes.......13..................107.…….....................$215,000.................$2,993,500
Single Family…..............10....................72..............................$475,000….............$4,738,900

RENTALS:…............Units....... DAYS on MARKET…….Median Rental $........ VOLUME
..........................................3...................84........……...…........$1,750…...…….......$5,100
Data provided by 2014 MRED, LLC, not Guaranteed. Fair Housing Compliant.

I hope everyone had an enjoyable Holiday Season! The December Real Estate market had a slow down due to the Holidays. The good news, interest rates for conforming Mortgages ($417,000 and under), hover around 3.75%. When purchasing a home, there are 2 important requirements a Buyer should complete; #1: A spread sheet of income and versus debt. This includes daily transportation, phone, gas, electric, groceries, entertainment, insurance costs, etc. It will give a Buyer a good estimate of how much one can afford for a monthly mortgage payment. The 2nd most important item is obtain a Pre-approval from your Lender.

If you are thinking about selling or buying a home in the North Suburbs of Chicago, please contact me:
PAM DEVENDORF, REALTOR at Coldwell Banker. Direct: (847) 681-4143, pam.devendorf@cbexchange.com

HAVE YOU HEARD? TRULIA IS RETIRING REALTOR BLOGS ON THEIR WEBSITE.

As a Residential Realtor/Broker, I communicate with my clients, peers, friends, family and basically anyone who would like to read my BLOGS about home ownership, buyer opportunities, local real estate information, market conditions, home improvement ideas, restaurants and area attractions.
I have been BLOGGING since February 14, 2013, on TRULIA, BLOGSPOT and Linked In. Since February 14, 2013 - December 22, 2014, I have posted 993 personally written posts to TRULIA. An amazing 32,094 people have read my posts!
WOW! As, I was posting on December 22, 2014, the ability to write a post on TRULIA was disconnected.

The next day, I received an e-mail from TRULIA stating:

Trulia is retiring Blogs on Voices. Starting December 19, users will no longer be able to post new blogs or comment on existing blogs. Users will be able to continue reading blogs until January 21, at which time all blogs will be removed from Trulia.

Why are Trulia Blogs being retired?

Over the past years, Trulia Blogs have seen declining usage. We are retiring Blogs in order to focus on improving products used more frequently by real estate professionals.

I am very disappointed TRULIA has made this decision about Realtors writing posts on their TRULIA Blog.
Once the merger becomes complete with Zillow & TRULIA, mid- January, 2015, I'm hoping they will replace this product with something phenomenal!

To recap, as of January 21st, you will no longer be able to read posts written by Realtors on TRULIA.
The GOOD NEWS: I will continue to write posts on BLOGSPOT, Linked In, Pinterest and YELP.
Thank you for your support and I look forward to an exciting 2015!
Have an amazing New Year!
~Pam