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

 

February 2015

Housing Supply Tries to Keep Up with Escalating Demand  Demand for housing continues to rise as favorable market conditions have endured. The three main factors encouraging rise in demand are the growth of builder confidence, historically low mortgage rates, and the rebound of existing-home sales. Annual pace of existing home sales in December 2014 was 5.04 million, 3.5 percent higher than the previous year according to the most recent report from the National Association of Realtors®.    How’s The Market?  We hear this question all the time, and we’re sure you do too. We thought you might like to know how we look at our current market conditions. The real estate market continues to improve and we are pleased to report pending sales up 25% which is a nice indicator! To read more about current market conditions, please click here.    A Look at Real Estate Technological Strides  Chicago Tribune recently detailed some of the most innovative ways in which the real estate industry is using technology to help market homes. At the top of the list are drones, which are used to take aerial photographs of properties to capture the full scope of a home as no other medium can. To read the entire Chicago Tribune article, please click here.     good to know   The KoenigRubloff Cares Foundation Presents $50,000 to Non-Profit Organizations  The KoenigRubloff Cares Foundation presented the Sunshine Kids and Chicagoland Habitat for Humanity with $25,000 each at their quarterly Office Ambassador meeting. The Sunshine Kids is a non-profit organization dedicated to children who are undergoing cancer treatment and Habitat for Humanity is a non-profit organization that helps people to work towards affordable home ownership. G.W. Bailey, Executive Director of the Sunshine Kids, was on hand to receive the check on their behalf and Matthew Moy Johnson, Chief Executive Officer of Chicagoland Habitat for Humanity, was also present to receive the check for their organization.   Before the Dust Settles… Have you ever taken a box out of a closet and was promptly greeted with a white plume of dust? HGTV.com offers tips on how to clean dusty areas ahead of the spring cleaning season! The advice ranges from what to use for dusting to whether dusting or vacuuming should be done first. The article also discusses where the sources of dust may lie, and how residents may be able to help aid the problem before it gets out of hand. To read the entire article on HGTV.com, please click here.   DIY Your Valentine’s Day Gift!  Sometimes giving a loved one a Valentine’s Day gift that is homemade has sentimental value that can’t be bought in the stores. HGTV.com has a few ideas of popular Valentine’s Day items, such as flowers, chocolates, and cards, in which you can add your own personal touch! To read all of HGTV.com's ideas, please click here.

Ron Goldstein Luxury Broker Associate RGoldstein@koenigrubloff.com 3127717190 www.chicagoluxuryrealty.com

Berkshire Hathaway HomeServices KoenigRubloff Realty Group | 980 N. Michigan Ave., Ste. 900 Chicago, IL 60611

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