Monthly Archives: November 2011

Creative Tuesday

It’s a Facebook world! It all depends now on friends, likes and followers. However, as this article claims, comments are actually the most valuable currency on Facebook. Sharing is also an option, within 2 minutes a posting can be shared all across the world.

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MLS Monday

Average Market Time for Illinois for both attached and detached single family homes have experienced a slight increase in the past, but average market time is still less than six months.

Cartoon Friday

Hope everyone has Happy Thanksgiving weekend!

National Association of Realtors 2011 Profile

Recently the NAR released statistics on the 2011 home-buyer. Full text document is here.

Some interesting tidbits:

  • Average buyer is 45 years old
  • 77% of buyers bought a single family detached home
  • Almost 9/10 buyers would use their same agent or recommend their agent
  • The use of an Internet search for home buyers was 88%

Creative Tuesday

Our post today is provided by a link from Deal Estate that influences the imagination. A mysterious home in Lincoln Park, built to perfection and no one knows of its precise inceptions.  The library is a scholars dream. One could get lost in the ins and outs of this classical Chicago home. This listing and many others proves that the real estate market in Chicago has thrived and will continue to do so.

MLS Monday

Beginning November 2008 through October 2009 closed sales for DuPage County were at 7,411 and 8,111 November 2009- October 2010 respectively. Sales dipped during both winters. Currently sales from November 2010 through October 2011 have risen to 8, 220 an increase of 1.3%. Check out the MLS data for Closed Sales for Du Page.

Cartoon Friday

Check out this modern day real estate fairy tale. Have a great weekend.

Thursday Rates

We’re happy to present Guaranteed Rate’s 30 Year Fixed, 15 Year Fixed, 5 Year ARM and 5 Year Jumbo ARM Mortgage Rates for this week.

Creative Tuesday

Tuesdays are a good day to reach (and attain) new goals. Creative Tuesday is a new part of this blog to shake up things and make us a little different. Today the best and most reassuring aspect of the real estate market turnaround was Zillow’s report. Elmhurst is a noted “bright spot” in the real estate market.

Monday MLS Data

Interesting stats on attached and detached single family properties  Under Contract for Illinois Chicagoland rolling for 12 months.