60010

FOR SALE – Barrington Village Victorian – $1,044,995

316 S. Cook Street – Barrington, IL – 60010

This is one of the Village of Barrington’s premier homes.  Five-years-new with upscale amenities including lustrous oak hardwood floors, high ceilings, gourmet kitchen, wide crown and trim, Marvin double-hung windows, tray ceilings and colonial fireplace.  With five Bedrooms, 4.1 Baths, a finished lower level and unfinished attic level with full staircase to second level, this home has ample room for the busiest family.  Relax in warmer months on the wrap-around porch or on the paver patio.  For additional information, contact Suzanne & Liz Luby at 847-691-3150. 

Directions:  Lake Cook to Cook Street, South to home on West side corner.

 

Click Here for More Property Details

Click Here for Virtual Tours & Additional Photos

Listed by The Luby Group
TheLubyGroup.com - Suzanne & Liz Luby
Suzanne Luby – 847-922-7773
Liz Luby – 847-691-3150

60010

Shazam’s “State of the Market” Report – November, 2007

Beep……………Beep………………..Beep….Beep……………………………..Beep……………………………Beep…..Beep………….BEEP………….BEEP…BEEP,,,,,,BEEP….BEEP..BEEP..BEEP
Whether we are talking about recovery on Grey’s Anatomy or in the Real Estate Market, the idea is the same. The recovery will likely be subtle, slow, and complicated by occasional setbacks. It is with hesitation that I even mention recent positive progress in our local real estate world for fear of jinxing it, however, it is undeniable that within the last six weeks the flat-line condition has seen some rhythmic improvement.

From late August until November 2007, we have noted an increasing number of home sales, particularly under $700,000. The properties that have been sold by The Luby Group during this period have been in beautiful condition and value-priced. Generally speaking, the buyers who purchased the properties realized that it is a tremendous time to buy a home with the interest rates still at near record lows, a great supply of inventory and motivated sellers. The real estate market appears to be coming out of its coma, but the recovery will undoubtedly be arduous in its efforts to return to complete health.

Economists from the National Association of Realtors are reporting nationally that “2007 will be the fifth best year for housing on record”. They are forecasting that existing-home sales will be about 5.5 million with two-thirds of metro areas showing price gains last quarter. Unfortunately, the real estate boom from 2001 to 2005 led people to believe that housing is a quick high-yield investment. Consequently, the public has had to adjust these unrealistic expectations and remember the fact that real estate continues to simply be what it has always been: a solid long-term investment. “Buying a home is not a quick-in, quick-out investment. Home ownership builds wealth over the long-term.” According to Lawrence Yun, NAR Chief Economist, a vast portion of the nation’s mid section is under priced in relation to income, and prices in some markets could rise notably with good local job gains.

I believe the outlook for real estate sales in the upcoming months is good for a number of reasons. There is obviously a certain pent-up buyer demand from those who chose to forego home purchases in 2007 due to the market being in a period of correction. Additionally, many buyers are regaining confidence that home ownership is a great long-term investment and that the 2007 time of crisis could turn out to be a great time of opportunity. The fact that there is ample housing inventory, job stability and favorable interest rates all bode well for the months to come.

In short, we are optimistic, because we are busy. Our phones are still ringing. Clients are calling. Buyers are still visiting our listings online in large numbers. People are still stopping by our open houses and asking us to email them information about new listings. We are writing offers and closing deals…and it’s NOVEMBER 15TH!  Thanksgiving is just one week from today.  Based on the markets we’ve seen, there’s never been a better time to be a home buyer. And if you’re selling, the buyers out there aren’t behaving as badly as you might think. They’re just taking a closer look and taking longer to digest the recent home sales data before biting the bullet. So please feel free to give us a call…STAT! Our real estate defibrillators are ready to go and we’ve got our fingers on the pulse of some of the best deals and most beautiful properties in town.

Written by Suzanne Luby (a.k.a. “Shazam“)
The Luby Group – Coldwell Banker Residential Brokerage
Barrington, IL 60010
Suzanne’s Cell: 847-922-7773
Suzanne’s Email: Suzanne@TheLubyGroup.com

60010

Barrington Area Market Data: 2005 Through 2007 – Single Family Homes, Townhomes & Condos

In an effort to help home buyers and sellers analyze the real estate market data that impacts their properties, we’re going to regularly post the latest market statistics right here on BurbFeeder.com and on TheLubyGroup.com. We hope you’ll visit us again for updated statistics and to help keep us on our toes. The data will be here!

“Torture numbers, and they’ll confess to anything.”
~Gregg Easterbrook

The chart below goes back three years to show a more recent comparison of properties that sold per month in Barrington. You’ll see the number of Units Sold, the Median Sold Price, Minimum Sold Price, Maximum Sold Price and Total Volume per month in 2005, 2006 and 2007. We have access to a wealth of real estate sales data for specific suburbs and neighborhoods. If you would like us to provide a statistical analysis of home sales in your community, please fill the details of your request in the contact form below. We’ll follow up right away. Thanks, Liz Luby

Tags: Barrington, Real Estate, Market Data, Statistics, Sold Properties, Median Sold Price, Median Sale Price, Minimum Sold Price, Maximum Sold Price, Total Volume

60010

SOLD – Nearly Two Acres in Cheviot Hills – Inverness, IL – 60010

This Updated home is situated on a sprawling 1.75 Acre corner lot in desirable Inverness neighborhood, Cheviot Hills. The well-designed and inviting floor plan includes four bedrooms, a bonus room and a large finished lower level with a rec room for family fun. Enjoy a sunny enclosed porch, the warmth of three fireplaces, an updated kitchen w/granite and much more. Close to many conveniences including: O’Hare, train, tollways, Schools & shopping.
Directions: Ela North of Palatine Road to Bradwell West to Abbotsford to home

Click Here for the List Price & Property Details

Click Here for Virtual Tours & Additional Photos

Proudly Listed by The Luby Group – Suzanne & Liz Luby
Coldwell Banker Residential Brokerage – Licensed in Illinois
Suzanne’s Cell: 847-922-7773 Liz’s Cell: 847-691-3150

60010

SOLD – Over Five Private Wooded Acres in Barrington Hills, Illinois – 60010

26 Braeburn Lane – Barrington Hills, IL

List Price: $710,000

This brick Ranch on 5.23 private wooded acres is waiting to be updated or expanded. The home includes two fireplaces, hardwood floors
through-out, a large living room wwith bay window, screened porch, and a full basement. A great opportunity in Barrington Hills. Close to I-90, easy access to Ohare and 7 minutes to Metra.

Directions: Lake Cook (Main) West to Ridge North to Spring Creek West to Braeburn Lane, South

Click Here for the List Price & Property Details

Click Here for the Virtual Tours & Additional Photos

Proudly Listed by Suzanne & Liz Luby of The Luby Group
Coldwell Banker Residential Brokerage – Barrington, Illinois
Suzanne’s Cell: 847-922-7773
Liz’s Cell: 847-691-3150

60010

FOR SALE – Properties Currently Listed by The Luby Group – Project BurbFeeder.com PHASE 2

Now that our blog, BurbFeeder.com is up and running and registered with some of the very best blog directories, we’re going to start the next phase of this project. That’s adding our current listings to this weblog, one by one. It’ll take some time, but I promise, we’ll get them all on this site. We’ll be sure to add plenty of photos and virtual tours so you can get a close up look at the properties we are currently marketing for sale in Chicago and the Northwest Suburbs, Barrington, Inverness, Palatine and the surrounding areas. We’ll also be busy laying the groundwork for PHASE 3 of Project BurbFeeder.com. We’ll start to add information about local events, resources and referrals based on the various communities and neighborhoods that make up the Chicago Northwest Suburbs.

Now you know why I’ve started a category called “Eating the Elephant”.  The more I get into it, the more this type of blog we hope to create feels like a task of enormous proportions.  But we’re going to get this accomplished, little by little, I promise.  By the way, since some of my earlier posts, I’ve learned SO MUCH about ways our blog network will benefit our clients. If you’d like to learn more, just send me an email. I’d be happy to share. In the meantime, to give you a little taste of what’s to come, here’s a map which pinpoints the properties The Luby Group has listed today.

Luby Listings

 

Get your own TruliaMap

60010

Finding Barrington Properties For Sale

Technorati Profile

We’re working hard to make it easier for people in the Chicago Northwest Suburbs, Barrington, Inverness, Palatine and Arlington Heights to find The Luby Group’s websites and blogs online. Soon we’ll have a network of blogs, branching out from http://Burbfeeder.com, which will help people get the word out about activities, events & resources in their neighborhoods, communities or suburbs. We’re also adding some great new property search tools to our main website, TheLubyGroup.com. There will be many more posts coming soon and please feel free to participate.

Thanks for your time and your interest,
Liz Luby

PS…We’re not huge fans of having our pictures taken, but every now and then we force ourselves to so we avoid having those really obvious outdated REALTOR photos. The photo above is our latest picture taken of the whole group. That’s me on the left next to Christine Snelgrove (our Administrative Assistant), Suzanne Luby (my mom/a.k.a. “The BOSS”) and Susan Prokos (our “Buyers Specialist”).