Where the Market Stands!!

It’s been about two months since the coronavirus pandemic put North America on pause. By now, you’ve probably noticed just how rapidly things can change in this situation. With so much information out there, it can be difficult to make sense of it all — especially when it comes to the economy.

To help you gain a bit of clarity, I wanted to share some highlights from an interview with real estate leader Brian Buffini and Dr. Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®. They went over where the housing market stands right now, and you’ll find the takeaways from their conversation in the enclosed Item of Value.

I hope this leaves you with some peace-of-mind during these uncertain times. Just remember, this too shall pass. If I can be of service to you and your family in any way, please do not hesitate to call.

Reset, Refocus!

The events of the past few months have been unprecedented. Now more than ever, it is important to stay on your A-game and keep your spirits lifted. Be sure to spend some time taking care of yourself!

As you continue to navigate your new normal, I want to share some tips for focusing on your own well-being. The information I’m sending this month includes ways to reset your goals and to reboot your routine so that you feel recharged and ready to support your family, friends and community. You’ll also learn a few helpful ways to practice self-care, so that your emotional wellness remains in great shape.

While we can’t control what happens to us, we can control how we view those situations. I hope this information helps you and your family stay strong, hopeful and encouraged as you move through your daily lives. If I can help in anyway, please do not hesitate to call.

RAVENSWOOD TOWNHOMES SELLING FAST!

They called about purchasing their first home in Ravenswood. As a local realtor and long- time resident , I understand why they love it. The ease of transit via Metra, CTA brown and red line trains, express busses and access to Lake Shore Drive; shopping, and the beauty of the tree lined streets and historic properties that line them.

We met to talk about their wish list. They wanted to live withing walking distance of Metra, in a place with a sense of community, 3 bedrooms and a workout space, plus yard and garage.

I shared the recent market stats for Andersonville, Ravenswood and Lincoln Square properties, where single family homes sell from $800,000 to $1,500,000; and townhomes selling in the $500K’s to mid $600K’s range. I was happy to learn they were willing to consider townhouses, an option within budget.

We toured townhouses in three developments. All are within two blocks of Metra train stop, Marianos, the Fitness Center, bank, and pharmacy; as well as several local brewpubs. And they are just a few blocks from Andersonville dining, shops and entertainment, including a few of my favorites, shows at Magic Lounge, cookery and lessons at Chopping Block, to name a few.

An added benefit for running, and walking the dog, is the Winnslie Parkway and Gardens, a community greenspace on the east side of Ravenswood tracks, from Ainslie to Winnemac. A green space where neighbors can visit, toss a ball, and enjoy the lovely perennial gardens, planted and cared for by neighbors. A community event is held there every spring, of neighbors to work on gardens, plant and chip the pathway. See details at Winnslie.org. I am happy to share that they found their dream townhome, and look forward to moving in soon