Housing market more restrained now, say some agents

Publication
Wilmette Life, 1 May 2008, p. 12, 14
Description
Creator
Liza Roche
Media Type
Newspaper
Item Types
Articles
Graphics
Photographs
Notes
Comments by local realtors and residents with anecdotal evidence about the housing market here. The latest report on residential inventory from Hedrick-Wagner Consulting Group shows that Evanston, Kenilworth and Wilmette all have an overall supply of about six to eight months, reflecting a near-balanced inventory position for buyers and sellers. Teardown projects are substantially down throughout the North Shore. Comments by Elisabeth Hoff, a native of Wilmette, on the rental market in the North Shore.

Sidebar comments by residents on what the economic downturn has meant to them. Featured are Warren Fellingham of Evanston owner of Warren's Shell Service in Evanston; Helen Burton of Evanston; Jerry Diamond owner of Wheels of Northbrook; Tom Manschein of Winnetka; John Gillard of Wilmette a realtor with Prudential Preferred Properties in Winnetka; Patmarie Bailey of Glenview, Design Center Manager with Thybony Blinds & Designs in Glenview Chart illustrating "How fast would your home sell?" with statistics on houses priced from $500,000 to $999,999 in north shore suburbs with the estimated number of months to sell.
Date of Publication
1 May 2008
Subject(s)
Local identifier
Wilmette.News.294632
Language of Item
English
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