SALES ARE BEING MADE...

Sunday...
In the last few days there has not been a lot to write about...but thought I'd share the over-riding sense of the market as exchanged by a lot of agents...

Most of my colleagues up and down the Shore do think that there is more activity in the last few weeks than we have seen in many months...that's a good sign. BUT there doesn't seem to be any sustained strengthening on the price side of the equation.

Consistent with my earlier writings..foreclosures and short sales still dominate the market on a National basis... Locally, there has been a slight increase in units sold in Lake Forest over the last 3 month...June saw 14 single family homes sold, while July and Aug saw 19 each month.

Lake Bluff and Lincolnshire did not fair as well...Lake Bluff went from 6 up to 9 and back to 6 in Aug. Lincolnshire went from 12 down to 5 then up to 6 in Aug. Market time was a function of realistic pricing on the seller's side.

These figures reflect units sold in ALL price points...so no trend can yet be seen. Every once in awhile an upper bracket home was sold...but that was the exception to the rule.

Again, I implore sellers to be sensitive to what the market is telling them about their pricing. Homes that are energy priced are selling...if you are considering putting your house on the market, I'd like to help you...but, in the end, regardless of who you use...consider my advice. You'll get your home sold much more quickly. Market time is the cause of angst.

Tomorrow, I'll share a thought or 2 on how to determine an energy price!