Prices are down in Lake Barrington Shores. Homes are selling at 2005 prices. This is a great time to buy into this beautiful resort community. As American demographics shift and baby boomers begin to retire en masse, Lake Barrington Shores will become an ever more sought after destination. Actually, younger couples [...]
Archive for August, 2008
Filed under market stats
Second Quarter 2008 Market Statistics
Barrington: In Barrington, sales were down 13% over the second quarter of 2007. That is a substantial improvement over first quarter data for 2008. Prices were down just .06%, which is not bad for a market correction. Homes that sold were on the market for an average of 111 days. [...]
1 Comment Laura on Aug 19th 2008
Filed under random
Two New Reviews!
I just posted two new reviews. Jeff and I went to the new restaurant in Deer Park Mall, Tokio Sake, on Friday. And, I also posted a review of Ambrosia Patisserie, which has been around forever, but I want to recommend it anyway.
Check out the reviews in “Laura’s Local.” The tab is [...]
Comments Off Laura on Aug 17th 2008
I would guess that the answer is ‘yes’. I’ve had a rough year with regard to injuries: concussion, broken hand, sprained ankle, jammed finger, cuts, scrapes, and exposure to chemicals I’d rather not think about. My husband will tell you that these injuries are not directly related to our home improvement projects. [...]
Comments Off Laura on Aug 14th 2008
August is a pretty dead month in the real estate business year. It is just about as dead as December, but perhaps more so. Maybe getting ready to go back to school or back to work after vacation takes more energy than holiday shopping. Whatever the reason, showings are way down. [...]
Comments Off Laura on Aug 11th 2008
Filed under buyers
What is a Short Sale?
A short sale is a transaction in which the seller’s home is worth less than the amount that the seller owes on the property. Typically, their mortgage is bigger than the list price of their home. That means when they go to closing they can’t re-pay their loan to the bank. So, [...]
Comments Off Laura on Aug 9th 2008



