Tuesday, July 8, 2014

Carpe Diem- Thought leadership & July Real Estate Newsletter from your trusted advisor




 
 
July 2014
 
 
MARKET UPDATE
 
Prices Up, Inventory Low and Market Times Down
While 2014 is still a recovering market, prices are rising, inventory remains low and market times are falling. There is an 8% increase in prices across the board with significant variance in areas. Prices are up as much as 20% for in-demand areas, but there are still many places where growth is much slower.  Market times are down across the entire Chicagoland-area to103 days from 129 days and inventory is at a 24-month low. 
 
Berkshire Hathaway HomeServices KoenigRubloff Realty Group Continues to Lead in Luxury Real Estate
Berkshire Hathaway HomeServices KoenigRubloff continues to be a force in the Chicago real estate market. According to the MLS, in comparison to other major brokerage firms in Chicago, KoenigRubloff has the highest average sale prices and has the number one luxury market share in Chicagoland, Cook County, Lake County and DuPage County. KoenigRubloff also currently has the most $2 million and above homes listed, and leads in $1 million and above condominiums and townhomes sold.
 
KoenigRubloff Cares Foundation
As we continue to make our name known in every market, Berkshire Hathway HomeServices KoenigRubloff Realty Group’s commitment to public service remains the same as it always has. Our new name is the KoenigRubloff Cares Foundation, because at the core of our mission is the care and compassion we have for those around us. The KoenigRubloff Cares Foundation proudly supports Habitat for Humanity and The Sunshine Kids organization. Our agents and staff consider giving back to the communities where they live and work a high priority and look forward to making an even greater contribution in the future.Please click here to read our informative newsletter.
 
Good to Know
 
Homes are Selling Quickly
Market time for the entire Chicago-area reflects a 20% decrease overall! Homes on the Northwest side in North Park, for example, are spending on average 46 days on the market, less than half the amount of days a year earlier according to a story featured in Crain’s Chicago Business. Condominiums and townhouses in the neighborhood of West Town have also seen a dramatic decrease in the amount of days spent on the market in comparison from a year earlier.To read the full Crain's story, please click here.

Dress Up Your Outdoor Space This Summer
As we enjoy the warm summer months and start to spend more time outdoors, Midwest Living has a lot of fantastic suggestions on how to liven up your outdoor space! Try something simple, like adding bright cushions outside, or make your own fire bowl. Check out Midwest Living’s other suggestions for your exterior here. 
For those with a small yard, balcony, or roof to decorate, HGTV also offers tips on how to get the most out of the area that you have here. 
 
Newest Affiliation with Berkshire Hathaway-Florida Properties Group
 
Picture breakfast on your deck watching dolphins play ..Let that break in your busy schedules involve a sunrise  in St. Pete . I am pleased to announce my affiliation with BHHS FLA. I welcome the oppty. to assist you in finding that luxury home or 2nd home on the coast!
 
Featured Property-1920 N. Clark Open this Sunday 1-3
 
 

Ron Goldstein

Broker Associate
RGoldstein@koenigrubloff.com
3127717190
www.chicagoluxuryrealty.com

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