Sunday, October 25, 2009

When will Downers Grove home prices go up?

Many buyers and sellers are asking me when home prices will return to the record prices seen during 2005-2006. Moodys and Fiserv have actually studied this point. The answer is different for every state. Some states will rebound as early as 2014, but for Illinois residents the wait will be longer. The estimate is that our pricing will return to 2005-2006 levels somewhere from 2018-2022. If you are thinking of selling, do it now! Prices could be lower when more foreclosures hit the marketplace. If you are thinking of buying, just remember, you are getting record low prices now and great interest rates. Buy now before rates start to go up next spring!

Saturday, October 24, 2009

A Home for Pilots!

Do you have a small airplane?
This home in the Brookeridge Neighborhood of Downers Grove has an Airplane Hangar and it is located on the Taxi Way with access to the Landing Strip. This 3100 square foot home is a short drive to downtown Chicago and it is beautifully updated! No Plane? The Hangar and attached 2 Car Garage is awesome for boat or RV storage or this heated space could hold 6 cars!
632 Berkshire Court, $749,900 MLS # 07339495
See virtual tour below:

Call Mary (630) 258-7677 to see it today!

Tuesday, October 6, 2009

Downers Grove-Best Place to Retire!

Downers Grove has been rated #5 by in their list of the 20 Best Places to Retire. The article mentions the 49 award winning parks in Downers Grove, the award winning Good Samaritan hospital as well as an abundance of good restaurants and the close proximity to Chicago for cultural events. Our secret is out!