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FOR SALE – Barrington Village Victorian – $1,169,000

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

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Landa’s Lowdown – Why Aren’t Interest Rates Any Lower?

“Why aren’t the interest rates any lower?!?” The lament heard by loan officers everywhere. Contrary to the popular belief that when the Fed’s cut the Federal Funds rate that mortgage rates follow in lockstep; mortgage rates are actually about the same as they have been for the last three weeks. Which is, on average, 5.75% for the lowest-fee 30-year conforming loan. If you need confirmation; check out www.freddiemac.com. They provide a weekly survey that is minus any sales pitch or media spin.

It’s tough for hard working loan officers to overcome the media hype that accompanies a “dramatic” Fed move in rates. Is a 1.25% cut in 8 days in the Fed Funds rate “dramatic?” Absolutely. Does it mean that conforming loan rates are 1.25% lower than they were last month? Absolutely NOT.

Mortgages are priced off the 10-year Treasury bond – a wholly different instrument than the Fed Funds rate or the Fed discount rate. Currently, the yield on the 10-year note is hovering at around 3.60%. That yield gives us 30-year mortgage rates under 6%, which is much better that seven or eight months ago.

This move by the Fed will certainly help homeowners who are currently in adjustable rate mortgages. It can even be advantageous to recent home buyers who locked their rates in the 6.5% range last summer. Depending on the size of their loan, a refinance may be in order. And, it’s certainly a GREAT situation for home buyers in the market right now – they can buy more house for the same monthly payment they were looking at last year.

The rate cut seems to be having the immediate sought-after effect – a shot in the arm for the ever popular “Spring” housing market. Now is a great time to buy – there is lots of inventory out there to pick from and great financing options.

Written By:
Terri Landa
Mortgage Advisor
Coldwell Banker Home Loans
Office: 847-382-3780
Cell: 847-921-6817
Email: terri.landa@mortgagefamily.com
TerriLanda.ColdwellBankerHomeLoans.com

Tags: 60010, Barrington, Barrington Real Estate, Illinois, Mortgage, Interest Rates, Fed Rate Cut, Home Buyers, Refinance, FreddieMac, Home Financing

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Last Chance to Fight Freight Train Traffic in Barrington

If you are concerned about CN Railway’s plans to acquire the EJ&E rail line that runs right through Barrington, you’re running out of time to speak up. The deadline for public feedback and comments is just days away. Our comments need to be in the hands of the Federal group reviewing the transaction no later than FEBRUARY FIRST.

Right now, only 3-5 freight trains per day pass through Barrington on the EJ&E line. Canadian National Railway has plans to add 15 more trains daily to those tracks. That’s about 20 trains a day, uncomfortably close to an average of one train per hour. Consider the Cargo: The clients of CN & EJ&E are steel mills, plastics & chemical producers, distribution centers and Chicago area utilities. If the acquisition is approved, the by-products of these businesses will be rolling through Barrington at an alarming rate, with increased risks for ourselves, our neighbors, our businesses, our hospitals, our schools and our environment. Consider the Traffic Hazards: From Ela Road on the north down to Penny Road on the south, there are 8 streets crossed by the EJ&E line in the Barrington area. Specific roads that will be directly impacted are Ela, Cuba, Lake Zurich, Route 14, Hough Street (Route 59), Lake Cook, Otis and Penny. If you take a look at the way the tracks dissect Barrington, creating barriers of access to schools, hospitals & other public facilities, you can understand why Barrington’s police, fire & hospital officials are gravely concerned.

CN officials say using the EJ&E line will help the company add new “efficiencies” to their business and help relieve train congestion in other parts of Chicago by re-routing those trains through our back yards. They look at it purely as a business decision. Their proposed $300-million dollar acquisition would buy them access to the EJ&E line, with a huge cost to Barrington’s residents, businesses & environment. CN is promising to consider the full scope of issues we present, and plans to come up with ways to “mitigate” or allay our concerns. How have they done that in the past? By helping communities soundproof against train noise, by improving grade crossings to accommodate more train traffic and by offering assurances regarding their safety policies. Do these types of solutions sound sufficient? Do these solutions resolve your concerns? If your answer is no, you can submit your comments by next Friday, February 1st. One week from tomorrow. Here’s how:

1. Write to:
   Surface Transportation Board
   395 E Street, SW
   Washington DC 20423
   Attn: Phillis Johnson-Ball
   Environmental Filing
   STB Finance Docket No. 35087
2. File Electronically on the Board’s Website by clicking on this link:
   http://www.stb.dot.gov/stb/efilings.nsf
3. Leave your comments right here on our website in the message box below and we’ll forward it for you.

If you want to share your opinion, please don’t delay and please be as specific as possible in discussing how you are impacted. The STB (Surface Transportation Board) needs to know the full scope of issues to fully weigh the risks to our community. Whether you’re concerned about the safety of your children, the impact of more freight trains on traffic, emergency access to hospitals & schools, noise, hazards or other effects on the environment, NOW IS THE TIME to get heard.

Written by Suzanne & Liz Luby
Coldwell Banker Residential Brokerage
303 East Main Street Suite 100
Barrington, IL 60010
Suzanne’s Cell: 847-922-7773
Liz’s Cell: 847-691-3150
Website: TheLubyGroup.com

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Message to CN Railway – Stop, Look and LEAVE Barrington Alone

As CN Railway Corp. pushes forward with plans to re-route their freight trains through downtown Barrington, residents here are fighting back. An estimated 1600 people gathered at an open house today at Makray Memorial Golf Course to give CN executives a piece of their minds. From local officials, to business and home owners, to moms and dads who fear for their kids’ safety, there was a packed house at today’s Surface Transportation Board’s public meeting.

Worried that it may be their only chance to speak up, few were shy about voicing their concerns. “People will die on the way to the hospital.” Advocate Good Shepherd Hospital Communications Director, Mike Deering, cut straight to the chase with Phillis Johnson-Ball. She’s on the Federal board that is reviewing the environmental impact of CN Railway’s plan. The Canadian freight company has agreed to pay $300-million for the EJ&E Railway which cuts straight through Barrington. It’s a plan that would nearly quadruple freight traffic downtown, from five trains to more than 20 trains a day.

“If anyone goes into cardiac arrest in downtown Barrington and there’s a freight train passing through, for every one minute treatment is delayed, the mortality rate goes up 10-percent. Getting stuck behind a freight train for five minutes would give them a 50/50 chance of survival.” Deering also points out that of the 750 trauma patients treated at Good Shepherd in 2007, 28% of them originated on the “other side of the tracks.” With CN’s planned freight trains running from 7,000 to 10,000 feet in length, the trains can take 4 to 6 minutes or longer to pass through town. There are EJ&E crossings on Ela road, Cuba Road, Lake Zurich Road, Route 14, Route 59, Lake Cook Road, Otis Road, Penny Road as well as crossing the Union Pacific tracks in the Village of Barrington.

Area officials have noted that, from end-to-end, one train stopped in the right location could block all major intersections in Barrington. “There’s probably not a worse community that they could go through, in terms of configuration,” according to Barrington Community Schools Superintendent, Tom Leonard, who says District 220 buses cross the EJ&E tracks more than 370 times a day. Dr. Joseph Giangrasso, the medical director for Good Shepherd’s trauma center puts it bluntly, “I’m not exaggerating when I say, lives can – and very likely will be lost through this proposition.”

Barrington Police Chief, Jeff Lawler, also made a point of speaking up to Johnson-Ball. His first concern? Emergency access to Barrington High School and to North Barrington. He has already mapped out backup emergency routes which might be required should freight trains force a detour. He says that the quickest detour would more than double the distance from police headquarters to Barrington High School and that it would be a nearly 10 mile detour around the rail crossings just to get to North Barrington – typically just a few miles from the center of town. He also points out that there were two pedestrian train fatalities in Barrington in the last months of 2007 and warns that these types of deaths will rise with an increase in train traffic.

As voices of worry filled the room, CN Railway Corp. Senior Manager, Jim Kvedaras, made the case that their plans would actually benefit Barrington – on a broader scale. “This is about railroad efficiences and smooth operations. It allows a nice, convenient bypass route around the City of Chicago that will benefit the entire region.” The company plans to invest about $100 Million “for integration, new connections, and infrastructure improvements to add capacity on the EJ&E line and allow network synergies to be realized over time.” CN’s President and CEO says the acquisition will benefit Chicago in three ways: “It will reduce rail congestion, it will increase rail freight capacity and it will benefit the environment, with fewer idling locomotives and fewer blocked crossings…Together we can find the right way to balance the needs of communities with the regional need for a cleaner, safer environment and a more efficient rail transportation network.” Kvedares echoed that message today assuring that the company will consider concerns and cooperate fully with the environmental review process.

But all of that talk was off point for many. “I have four young girls who cross the tracks to get to school, the parks, everywhere. How do we do that? What are our options?” A mom seemed desperate when she asked that question today, a tone of anger clearly present. Another mother and Jewel Park resident, Jeanne Kelly, asked “Do we have to wait for an accident to occur? We don’t want that to happen.” In response, the Surface Transportation Board’s Phillis Johnson-Ball said they would work diligently to address these concerns and find ways to “mitigate” them. Her response sounded to Jeanne Kelly like this may be more of a done deal than a pending decision, as though it’s not a matter of whether but under what terms they’ll approve the acquisition. When Jeanne asked about precidents, Johnson-Ball said the most recent major train line acquisition happened back in July of 1998, when the CSX and Norfolk Southern Railway Companies successfully acquired Conrail to improve “efficiencies” within their companies. They had the same community open houses then as they had in Barrington today. In the end, despite the most vehement protests, the board approved that acquisition. Johnson-Ball says simply, “the issues of economics and competition favored the railroad. The environmental impacts, once mitigated, were not significant.”

After today, five more open houses will take place in other communites along the EJ&E West train line. The Surface Transportation Board will be accepting written comments from the public through the end of this month. After that, they will draft an Enviornmental Impact Statement and will either reject CN Railway’s proposal, approve the acquisition or accept the plan with conditions. Surface Transportation Board officials say the study could take up to 18 months to complete, but CN execs have said they’re hopeful to close this deal by the end of 2008.

If you have an opinion on the subject and would like to pass it along, you can get involved through the Barrington Communities Against CN Rail Congestion Website, FightRailCongestion.com. You’ll find information about the upcoming open houses and where to mail your personal comments at the Surface Transportation Board’s Website. If you would simply like to comment right here on our blog, please feel free. We’d love your feedback and would be happy to keep the conversation going in what is sure to be a continuing controversy.

Written by Suzanne & Liz Luby
Coldwell Banker Residential Brokerage
303 East Main Street Suite 100
Barrington, IL 60010
Suzanne’s Cell: 847-922-7773
Liz’s Cell: 847-691-3150
Website: TheLubyGroup.com

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How to Survive The Real Estate Apocalypse – Challenging the Media

Before we consider the latest economic forecasts, let’s start by separating Fact from Fiction. Here are some of the FICTIONS born from the buzz about today’s Real Estate Market:

• It is impossible to sell a home today and make a profit.
• Property values have stopped increasing and started decreasing throughout the Chicago Suburbs.
• Your home won’t sell unless it’s under-priced.

Here are some of the FACTS we’re facing in today’s Real Estate Market.

• Specific areas in the Chicago Suburbs are still seeing property values steadily rise, though not as rapidly as in recent years. 
• The most competitively priced properties are selling first – at a faster pace and with more appreciation in Chicagoland compared to many cities throughout the country.
• Today’s buyers are passing up on properties that are not in pristine condition or are priced for yesterday’s market.
• Market times are rising. The number of detached single-family homes listed for sale in October was enough to last 10½ months at the current sales rate. (National Association of REALTORS.)
• Existing home sales are nearing 5.67 Million for 2007, the 5th highest on record. That’s down from 6.48 Million in 2006, 7.08 Million in 2005, 6.78 Million in 2004, 6.18 Million in 2003 and about on par with the 5.63 Million sold in 2004. (National Association of REALTORS.)
• Home prices in 10 major metropolitan areas in October were down 6.7% from a year earlier – the biggest year-to-year decline since April of 1991. However, the same study shows that home prices in Chicago (as a whole) are only down 3.2%. (S&P/Case-Shiller home-price indexes.)

In the Standard & Poor’s Home Prices report that was just released, researchers looked at recent home sale prices in 20 cities. They included statistics from the Chicago real estate market in their analysis. The GOOD NEWS is that Chicago (which saw a -3.2% change from 2006 to 2007) did NOT top the list of cities where property values have dropped the most. That unfortunate distinction goes to cities like Miami (-12.4%), Tampa (-11.8%), Detroit (-11.2%), San Diego (11.1%), Las Vegas (-10.7%) and Phoenix (-10.6%). The BAD NEWS comes in the form of a quote, which is attached to the report. Yale economist and creator of the home price indexes, Robert J. Shiller says, “No matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim.” The chart below shows how Chicago compares and illustrates an interesting and important point.

Single Family Home Appreciation Comparison by City
(Source: Standard & Poor’s Data Through October, 2007)

Do you see Chicago? It’s the green line kind of close to the middle that doesn’t spike very high or very low. Since 2000, Chicago’s line increases steadily, with a relatively mild turn in 2007. The Chicago line mirrors that of our nice and stable Midwestern region, as a whole, which has been spared the extremes seen in the real estate markets that led the housing boom, like California, Florida and Arizona. And what about the cities that are in the best shape, according to this study, like Charlotte (+4.3%), Seattle (+2.2%) and Portland (+1.9%)? Home prices are still up from a year ago in these cities, but we don’t hear much about the places where the real estate market is steady and strong.

Having spent ten years as a journalist, I understand all too well what’s happening here. It has more to do with what reporters choose to highlight and what the media chooses to focus on. Speaking from experience, the worst or saddest news of the day is typically the lead story, especially when people are suffering.

We understand that these times are difficult for home owners who can’t afford their adjusting mortgages and are losing their homes due to foreclosure. We have clients whose homes are taking much longer than “normal” to sell and, like you, we’re taking a concerned look at how all of this impacts our own personal homes and investments. The tides are turning and the market is in the thick of a necessary and overdue correction. But we believe the media’s “one-size-fits-all” mode of reporting has contributed a great deal to the problem.

Just consider these headlines, excerpts, quotes and key words from some recent real estate news stories: “War? Disaster? Nuclear ambitions? What could derail the housing market?” “Falling House Prices are the Number 1 Danger to the Economy,” “Few are Optimistic,” “Brace Yourself for Real Estate Aftershock” “Mortgage Meltdown” and “Collateral Damage” top the list. Even economist Robert Shiller has said that “the collapse in home prices might turn out to be the most severe since the Great Depression.” Yet just last week the government reported that consumer spending in November grew at the fastest pace in 3½ years. Maybe we’re just too short sighted to panic about what the media might call the impending Armageddon here. We have definitely seen a change in the pace of appreciation. We can’t ignore the rising market times. We have conversations with frustrated sellers daily. But if our business is any indication, real estate remains a sage and steady investment for Chicago Suburban home buyers and sellers.

Looking back, real estate events in 2007 were, without argument from us, “unprecedented.” Many areas of the country saw declining house prices as buyer demand decreased and housing inventory increased to the highest level nationally in 22 years. Additionally, chaos in the mortgage industry resulted in lower home sales and a rise in foreclosures, compounding the market’s underperformance. It is likely that many of the problems plaguing 2007 will continue into 2008. However, as December draws to a close, we are optimistic that 2008 will be slightly improved with market conditions stabilizing and home sales regaining strength.

According to Lawrence Yun, the National Association of Realtor’s chief economist, “The worst of the credit crunch has already worked its way through the data and the strength of the Midwest market which is affordable and possibly even undervalued, will help raise the national median existing home price slightly in 2008.” Existing home sales for 2007 will most likely total 5.67 million, the 5th highest on record, and rise to 5.70 million in 2008, in contrast to 6.48 million in 2006. The 30-year fixed-rate mortgage is estimated to rise slowly to the 6.4 percent range by the end of 2008, with additional cuts in the Fed funds rate lowering short-term interest rates. Recent forecasts of a recession are tempered by a look at today’s unemployment rates, currently at 4.6 percent for 2007, unchanged from last year. Economists predict the rates will rise, though slightly, to 5.0 percent for 2008. Inflation as measured by the Consumer Price Index will likely be 2.8 percent this year and 2.7 percent in 2008, down from 3.2 percent in 2006. And as more home owners default on their loans, throughout the country, many are going back to renting. The home ownership rate in the third quarter stood at 68.2% of households, down from a peak of 69.2% in 2004. It’s a bitter pill for this group of home owners, but a trend to watch for those in the business of buying investment or rental properties.

Although the economy is fundamentally sound, unemployment relatively low and jobs gaining, our real estate outlook for 2008 is guarded. We agree that buying a home continues to be the single best long-term investment people can make. The fact that housing prices having adjusted downward over the past 18 months and interest rates remain relatively low bode well for a gradual recovery in the home sale activity beginning in 2008.

Written by Suzanne & Liz Luby
Coldwell Banker Residential Brokerage
303 East Main Street Suite 100
Barrington, IL 60010
Suzanne’s Cell: 847-922-7773
Liz’s Cell: 847-691-3150
Website: TheLubyGroup.com

Tags: Chicago Northwest Suburbs, Barrington, Inverness, Illinois, Real Estate, Homes For Sale, Market Trends, Real Estate Forecast for 2008, Appreciation Rates, Home Sale Prices, National Comparison, The Luby Group, Suzanne and Liz Luby, REALTORS

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What to Say to a Group of REALTORS About Internet Marketing? – “Blogs in Plain English” to the Rescue

 I just received an all-office email from our office administrator, Sandy.  Here was her first point:

1. Tomorrow, Friday, December 14, Liz Luby will be talking to the “Build a Better Agent” group regarding E-marketing.  All are invited!!

***** Excuse my while I freak out. *****

I used to be a wanna-be actress appearing in plays and musicals.  I tested my skills on the Lincoln-Douglas Debate team in High School.  (Boy was that a disaster!)  I attended summer school at Northwestern University to learn the art of extemporaneous speaking.  (You would be embarrassed for me if you saw the fruits of that labor, but I did learn to twirl my pencil around my thumb.)  I graduated from College with a Broadcast Journalism degree, spent almost ten years as a radio DJ, TV news reporter and even took a job as an “Anchor Person” for a few years in a small Iowa market.  (One of these days I’ll dig out and dust off my blooper tapes or my fascinating report about that two headed pig.)  But something funny has happened to me since then.  I can’t explain how it started, but somewhere along the line I caught this horrible case of stage fright.  Today I tremble and lose sleep over the thought of speaking in front of people.  When our manager asked me to discuss internet marketing strategies with the other agents in our office I thought, ok, why not?  It’s nice of him to ask.  I haven’t been blogging for very long, but I can speak with some authority about websites and marketing properties online.  I can at least talk about the stuff I’m learning, right? Well, I guess we’ll find out tomorrow.  I understand there will be a few hecklers in the room, thanks to my dear mother, and business partner, Suzanne.  Will I survive?  Probably.  Will I freeze, say “duh” or run out of the room?  It could happen.  Will I speak in tongues or start to swear?  It’s quite possible. I’m not going to let my phobias interfere here, but I do know that I have an emergency escape plan.  It’s like a little YouTube parachute. When the beads of sweat show up, I’ll just play Common Craft’s video explaining Blogs in Plain English.  The video is about three minutes long. I’m hopeful that will be enough time for me to get a grip.

Click on the center arrow to play the “Blogs in Plain English” Video:

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Waterfront Weekend Getaway on 153′ Stretch of Big Green Lake in Wisconsin – Less than 3 Hours from Chicago!

The Waterfront Views Speak Volumes

Less than Three Hours From Chicago
W2107 Irving Park Road
Green Lake, Wisconsin

List Price: $2,650,000 – PRICE JUST REDUCED!

Unbelievable Opportunity and less than a 3 hr. drive from Chicago. Truly breathtaking in any season. This home is located on beautiful Irving Park Road, has a heavily wooded, secluded driveway and only 1.5 mi. from town in beautiful Green Lake, Wisconsin. Fantastic family home with enough room for vacations and holidays for the whole family! Situated on a wooded acre that boasts 153 feet of North Shore lake front property. This 7 bedroom, 6.5 bath classic lake house has a gourmet kitchen, private office, workout room, and vaulted wood-beamed ceilings in kitchen, great room and bedrooms; 9 ft. w/b stone fireplace in the family room w/ wet bar, 2 car attached plus 2 car detached garage. Too much more to mention! This peaceful setting is truly sensational- sure to make lifelong memories on the finest shore of the best boating, swimming and fishing lake in Wisconsin. Call Susan Prokos at 224-639-0227 for more information or to schedule a private showing. For more photos & virtual tours, please visit TheLubyGroup.com.

Click Here for the List Price and Property Details

Click Here for Virtual Tours and Additional Photos

Tags: Real Estate, Homes For Sale, Waterfront, Frontage Property, Green Lake, Wisconsin, Marina, Boating, Swimming, Fishing, Wooded Lake Lot

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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

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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

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We are Proud to Introduce – STATS CHICK

Finding real estate statistics for recent homes sales in your neighborhood or suburb has never been easier. Visit The Luby Group’s StatsChick page or StatsChick.com for analysis of the most recent market activity near your home.  You can hear Stats Chick’s explanation of The Luby Group’s Market Data Service by clicking on the triangular “Play” button below her.  For a more specific review of your area or for our interpretation of the statistics, please contact Suzanne & Liz Luby at 847-922-7773. Thanks for your time and please let us know your thoughts about Stats Chick. 

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