Chicago Northwest Suburbs Real Estate and More

McCarthy's Restaurant and Irish Pub in the mall at Vernon Hills, Illinois has been celebrating St. Patrick's Day from March 13 -17 with Irish food, music, dancers and live entertainment.    Although you might have  missed some of the festivities already,  you won't want to miss the main celebrations today and tomorrow....

Today  and tomorrow on St. Patrick's Day, Wednesday March 17 , there will be live entertaninment, Irish dancers and Bag Pipers.  The St. Patrick's menu includes all you can eat Corned Beef & Cabbage, Fish n Chips and Green Beer all week long.

This friendly local restaurant  in Vernon Hills even has a llittle  Leprechaun  menu for children under 10..

Although I'm not Irish, I love Saint Patricks Day and plan on stuffing myself with corned beef and cabbage tonight  Yum!

Just an aside,   I remember working in the heart of downtown Chicago adjacent to the Chicago River and loved it when the city turned the river green.  I also used to  love the entire Saint Patricks Day celebration including the very green Saint Patricks day parade on Michigan Ave.  

McCarthy's Restaurant  is located  in the Vernon Hills Mall  next to Macy's 506 Hawthorn Center, Vernon Hills, Illinois 1-847-367-4704

Why is the Buffalo Grove median price decreasing in February of 2010? 

The Median Sales Price in Buffalo Grove  in February was $195,148, down -21.9% from $250,000 in February of 2009 and down -21.9% from $250,000 last month. The Average Sales Price in Buffalo Grove in February was $226,640, down -20.8% from $286,333 in February of 2009 and down -15.8% from $269,294 last month.

Why aren't the  median sales prices increasing in Buffalo Grove?...  One reason and one reason only...  the number of  Short Sales and Foreclosures is substantially increasing.

It's not all bad news and I wouldn't be  be totally concerned however by the decrease in the overall  median prices in Buffalo Grove.   The  prices of the homes that show well,  and in excellent condition  are not decreasing but are actually increasing.    I just sold 2 homes in less than 14 days each because they were both maintained properly and both were the best homes in their price range.  

Its very challenging to sell a home in Buffalo Grove in these times because of  the amount of short sales and foreclosures listed every day.  That is why it is important  to use a real estate agent who really knows the  Buffalo Grove market!

 

 

 

The above article Buffalo Grove Real Estate- Market Report for February 2010 was written by Judy Greenberg, Realtor from Coldwell Banker Buffalo Grove

If you would like more information about the Chicago Northwest Suburbs,including  Buffalo Grove, Lincolnshire, Long Grove, Vernon Hills, and Lake Zurich  please do not hesitate to call me at 847-602-5435 or email me at info@buffalogrovehomes.com. 

My websites, www.movetoVernonhills.com , www.buffalogroveareahomes.com and my blog www.judygreenberg.com will provide you all the information regardless as to whether you are a potential buyer or seller!

 

 

Buffalo Grove Open House- Sunday March 14th from 1-3 You wont' be disappointed!

Vernon Hills Real Estate Recap

Are you curious as to what Vernon Hills real estate homes went under contract in the first 68 days of 2010? Everyone else ( including all my clients) looking in Vernon Hill seem to be!

Whether you are in the market to buy a Vernon Hills home or to sell your current Vernon Hills  home, it is important to keep abreast of market statistics (or at least to work with a knowledgeable Vernon Hills REALTOR who does). Newspapers, national magazines, and television news report on regional and national trends, but aren't doing a very good job of explaining the local real estate market in Vernon Hills. The number of new housing starts nationwide or the percentage increase in foreclosures or short sales in the entire state have very little, if any, bearing on how quickly your Vernon Hills real estate is worth in the  Vernon Hills subdivisions of Centennial Crossing, Deerpath or Sugar Creek.

A few days ago, I was watching a real estate video clip on the ABC news and I really appreciated the way the reporter, Leah Hope, summarized the state of today's real estate market.  In order to sell a home today, the  price and condition  of your home  does not have to be comparable, it has to be compelling. How true is this statement!

In the Vernon Hills real estate analysis below, it shows that the Vernon Hills real estate listing prices at the time the contracts  were entered into were compelling!   Also note that 2 of the contracts were short sales! If you would like to know the sale prices of these homes when they actually close, please do not hesitate to call me or email me. There were 18 homes that went under contract in Vernon Hills since the beginning of the year...

 

The above article   was written by Judy Greenberg, Realtor from Coldwell Banker Buffalo Grove

If you would like more information about the Chicago Northwest Suburbs,including  Buffalo Grove, Lincolnshire, Long Grove, Vernon Hills, and Lake Zurich  please do not hesitate to call me at 847-602-5435 or email me at info@buffalogrovehomes.com. 

My websites, www.vernonhills-homes-for-sale.com, www.buffalogroveareahomes.com and my blog www.judygreenberg.com will provide you all the information regardless as to whether you are a potential buyer or seller!