November 2005

Found 12 blog entries for November 2005.

I read an interesting article in an e-mail I received from the Illinois Association of REALTORS®.  Sales of single family homes dropped off 2.9% compared to October of 2004. orland park condo for sale. However, the Illinois condo market has remained strong.  Condo sales were up 10.2% from October, 2004.

I don’t remember condo sales outpacing single family homes.  I certainly could have missed some past statistics but this surprised me.  I guess with the huge price increases we’ve seen in the past 2-3 years, many first-time buyers are simply being priced out of single family homes.  Or, maybe it’s that baby boomers are downsizing.  Could be a bit of both.

The median home price in October went from $184,000 in ’04 to $209,900 this year, a 14.1 percent increase.  However, it is

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ripped moneyI was surprised to read an article about some of the negative state of affairs happening in Illinois regarding wages and income levels.  Although our employment status is showing moderate growth, there has been a continuing decrease in higher paying jobs with the usual perks and benefits.  That might not affect most of us, but there has also been a decrease in median income in Illinois.  In fact, it has fallen 12% since 1999! On a positive note, diversity in the work force has increased.

I think we can all understand how this can affect the real estate market.  Have you ever driven through another new upscale subdivision being built and wonder how so many people can afford these kinds of homes?  If things continue as they are, those types of homes will

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housing real estate graphIf you ask someone what their opinion is on real estate in 2006 with interest rates inching up, you'll get many different answers. Here are some of them:

    The Illinois Association of REALTORS® (IAR) interviewed several people. The first is Diane Swonk of Mesirow Financial in Chicago. Diane feels the real estate market will be slower but not a collapse. I agree with Diane that although Illinois certainly felt the real estate boom of the past 5 years, we were not on the highest end of that frenzy. So our softer market won't be as drastic as other markets.

    IAR also interviewed Lawrence Yun of the National Association of REALTORS® (NAR). I will sum up his interview. Mr. Yun feels that rising interest rates are certainly not going to be good, yet at a

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Lake Katherine Palos Heights swansLake Katherine Nature Center and Botanic Gardens is one of my favorite walking trails. The surroundings are beautiful and the actual trail winds around Lake Katherine in Palos Heights. There is a waterfall to the east which allows a view from the top (I've used a few photos of Lake Katherine on my photo slideshow on this website).

You can start at the waterfall and catch up with the main trail, but if you have strollers there is a steep incline going up. The trail is mulched and no bikes are allowed, no picnics nor can you fish. I prefer a pure walking trail over a bike/walking path any day. However, be prepared to empty your shoes of mulch.

If you want to bypass the waterfall you can cross over the bridge which leads you to the circular trail. On

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Yesterday my youngest son, Matt and his girlfriend, Jamie, invited me to go see the newest Harry Potter movie. We have many movie theaters in our area but they insisted on going to the Quarry Cinemas at 9201 W. 63 St, Hodgkins, IL 60525. The phone number is 708-352-0767.

My husband asked them why they wanted to travel farther to The Quarry Cinemas as we have closer theaters. But I didn't have to ask since The Quarry theaters are newer and offer stadium seating. I didn't actually take a count of the actual number of theaters but on one source I saw the name listed as The Quarry Cinemas 14, so I'm assuming that's the number of available theaters. Harry Potter was running on a different theater almost every hour. There were also 12 other listings for the

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Stickney home soldThis Stickney home is sold! - This family cape cod style home is located on a quiet, dead-end street. Drive by and see the great curb appeal with new landscaping and a new cement side drive to the big 2 1/2 car garage with double overhang doors; one for driveway access and one for alley access. They each operate on an automatic garage door opener.

This charming home offers 4 bedrooms, a formal dining room (currently used as an office) and a bonus room that is now being used as an eat-in area but could be a family room, office, etc. The bathroom features a whirlpool tub. The back yard is privacy fenced with a built-in gas grill for entertaining.

Call Judy Orr at 708-536-8200 if you're looking for a new home. Since this home is already sold, fell free

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Although the weather changes a bit from downtown Chicago near the lake, Midway airport and the north, west and south/southwest suburbs, the chart below gives you an idea of area averages.

Average Chicago Climate

The following chart shows Chicago weather data from The Weather Channel 2013
Item Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High 31 36 47 59 70 80 84 82 75 63 49 35
Low 18 22 31 42 52 62 68 66 58 46 35 23
Avg 22 27 39 50.5 61 71 76 74 66.5 54.5 42 29
Precip" 2.1 2 2.7 3.6 4.1 4.1 4 4 3.3 3.2 3.4 2.6
Snow" 10.8
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2-story Palos Park home soldThis home has been sold, but if you'd like to see Palos Park homes that are currently available for sale, just click the link.

SOLD! This is a 4 year young custom brick 2-story in prestigious Palos Park on .83 of an acre lot. The view coming up the driveway is breathtaking with the beautiful landscaping and natural pond.

The exterior entry is impressive and you step into an open foyer welcoming you into the home. The living room is warm and inviting and the formal dining room is large with a dry butler across the hall for extra storage.

The gourmet eat-in kitchen has an eating bar area plus a separate dinette overlooking the huge front yard. The family room is open to the kitchen and has french doors opening to the front porch area with space for

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Lockport home soldThis home is sold but if you'd like to see Lockport homes currently available for sale, click the link.

SOLD! This beautiful two-story styled home in the Victoria Crossings subdivision in Lockport, IL is priced right at $283,900. It offers 4 bedrooms, 2 1/2 baths and a 2 car attached garage.

As you step inside you're greeted by a two-story foyer with a view to the beautiful open oak staircase. The living room and formal dining room offer a vaulted ceiling. The eat-in kitchen has an island and a charming eating area. You can step through the sliding doors to the 600 sq. ft. deck facing the huge, fully fenced back yard. The main floor family room is open to the kitchen. The four bedrooms are all upstairs and feature colorful children's murals in two

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John Humphrey walking trail in Orland ParkThe four of us (Chad, Brett, Elle & I) decided to actually take a walk today instead of brushing it off like we did two days ago because it was too cold (and went to a Lockport museum instead). We decided to give the John Humphrey Trail in Orland Park a try again.

The trail is disjointed; you can make it a circle, or more like a figure-eight, but you do walk off the trail into residential areas for several blocks. The trail also branches out going south and I'm not sure how far it goes, but it seems like a straight path and it isn't tree-lined. In fact, it's right off Ravinia Ave.

We parked behind the Orland Park Police Station and started the trail going north past the old stone house. We soon were off the trail and walked west on sidewalks and

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