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Lake Forest, IL Real Estate News

By Marco Amidei
(RE/MAX Suburban )
Evergreen in Lake Forest Evergreen is a single family neighborhood built in the late 1980's and early 1990's. Evergreen is located in Lake Forest, Illinois on Everett east of Waukegan. Activity in Evergreen for the past 6 months Homes Sold Lowest Price Highest Price Average Price 1 $1,200,000 $1,200,000 $1,200,000 1 homes sold in Evergreen in Lake Forest from $1,200,000-$1,200,000 with an average price of $1,200,000 within the last 6 months. -Lake Forest-   Address City Beds Baths Model List Price Status 1190 Evergreen Dr Lake Forest 5 4.1   $1,295,000 Active 1151 Evergreen Dr Lake Forest 6 6.2   $2,095,000 Active 751 Jennifer Ct Lake Forest 5 4.1 French Cou $1,700,000 Active Lot 32 Kathryn Ln Lake Forest 0 0   $500,000 Pending 
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Deerpath Hill Estates in Lake Forest Deerpath Hill Estates is a single family neighborhood located in Lake Forest, Illinois. Deerpath Hill Estates is on Melody Rd. and King Muir. Activity in Deerpath Hill Estates for the past 6 months Homes Sold Lowest Price Highest Price Average Price 1 $1,710,000 $1,710,000 $1,710,000 1 homes sold in Deerpath Hill Estates in Lake Forest from $1,710,000-$1,710,000 with an average price of $1,710,000 within the last 6 months. -Lake Forest-   Address City Beds Baths Model List Price Status 260 Chiltern Dr Lake Forest 3 2 Ranch $449,500 Active 966 Deerpath Lake Forest 4 2.1 Custom $719,000 Active 983 Parkmead Ln Lake Forest 3 2   $525,000 Active 985 Deerpath Rd Lake Forest 2 1 Custom $329,000 Active 200 Ridge Rd N Lake Forest 3 2.1   $525,000 Active 
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Crystal Point in Lake Forest Crystal Point is a condo community built in the mid 1970's. Crystal Point is located in Lake Forest, Illinois on Western north of Deerpath. Activity in Crystal Point for the past 6 months Homes Sold Lowest Price Highest Price Average Price 3 $190,000 $215,000 $203,333 3 homes sold in Crystal Point in Lake Forest from $190,000-$215,000 with an average price of $203,333 within the last 6 months. -Lake Forest-   Address City Beds Baths Model List Price Status 1350 Western Ave, 306 Lake Forest 2 2   $259,000 Active 140 Franklin Pl, 206 Lake Forest 2 2   $380,000 Active 1260 Western Ave, 202 Lake Forest 2 2   $193,000 Active 1290 Western Ave, 212 Lake Forest 2 2   $319,000 Active 1290 Western Ave, 304 Lake Forest 2 2   $198,900 Active 1260 Western Ave, 305 Lake F...
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Conway Farms in Lake Forest Conway Farms is located in Lake Forest, Illinois on Route 60 west of Waukegan Road. Activity in Conway Farms for the past 6 months Homes Sold Lowest Price Highest Price Average Price 4 $498,000 $810,000 $620,750 4 homes sold in Conway Farms in Lake Forest from $498,000-$810,000 with an average price of $620,750 within the last 6 months. -Lake Forest-   Address City Beds Baths Model List Price Status 350 Edgefield Ln Lake Forest 3 2.1   $675,000 Active 645 Buckingham Ct Lake Forest 3 3.1 Andover $675,000 Active 1970 Southmeadow Ln Lake Forest 3 3.1   $1,099,000 Active 1931 Southmeadow Ln Lake Forest 4 3.1 Custom $1,550,000 Active 663 St. George Ct Lake Forest 3 3.1 Andover $829,000 Active 1655 Tallgrass Ln Lake Forest 4 5.1 Custom $1,699,000 Active 602 Wharton...
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Amberley Woods in Lake Forest Amberley Woods is a condo community built in the mid 2000's by Residential Homes of America, Inc. Amberley Woods features 90 condominiums with floor plans ranging from 1,363 to 2,648 square feet of living space. Amberley Woods is located in Lake Forest, Illinois south of Route 60 just east of the Tollway (I-94). Activity in Amberley Woods for the past 6 months Homes Sold Lowest Price Highest Price Average Price 1 $455,000 $455,000 $455,000 1 homes sold in Amberley Woods in Lake Forest from $455,000-$455,000 with an average price of $455,000 within the last 6 months. -Lake Forest-   Address City Beds Baths Model List Price Status 1850 Amberley Ct, 112 Lake Forest 2 2 A $299,990 Active 1850 Amberley Ct, 301 Lake Forest 2 2 B $360,990 Active 1850 Amberley Ct, ...
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Academy Woods in Lake Forest Academy Woods is a single family home neighborhood built in the early 2000. Academy Woods is located in Lake Forest, Illinois on Route 60 west of 43. Activity in Academy Woods for the past 6 months Homes Sold Lowest Price Highest Price Average Price 1 $768,000 $768,000 $768,000 1 homes sold in Academy Woods in Lake Forest from $768,000-$768,000 with an average price of $768,000 within the last 6 months. -Lake Forest-   Address City Beds Baths Model List Price Status 1795 Princeton Ct Lake Forest 3 2.1   $640,000 Active 1740 Stanford Ct Lake Forest 3 3.1 Berkeley $780,000 Active 1730 Yale Ct Lake Forest 3 3.1 Berkeley $800,000 Active 632 Academy Woods Dr Lake Forest 4 2.1 Columbia $800,000 Active 1691 Yale Ct Lake Forest 3 3.1 Custom Col $829,000 Active 
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
Lake Forest's February Property sales were 10, down -16.7% from 12 in February of 2011 and equal to 0.0% 10 sales last month. February 2012 sales were at their lowest level compared to February of 2011 and 2010. February YTD sales of 20 are running -9.1% behind last year's year-to-date sales of 22. The Median Sales Price in February was $879,500, up 48.1% from $593,950 in February of 2011 and up 65.8% from $530,500 last month. The Average Sales Price in February was $1,013,150, down -4.4% from $1,059,261 in February of 2011 and up 27.7% from $793,100 last month. February 2012 ASP was at a mid range compared to February of 2011 and 2010. The Total Inventory of Properties available for sale as of February was 279, up 4.9% from 266 last month and down -18.4% from 342 in February of last ye...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
Lake Forest's January Property sales were 8, down -20.0% from 10 in January of 2011 and -55.6% lower than the 18 sales last month. January 2012 sales were at their lowest level compared to January of 2011 and 2010. January YTD sales of 8 are running -20.0% behind last year's year-to-date sales of 10.   The Median Sales Price in January was $530,500, down -28.1% from $737,813 in January of 2011 and down -27.3% from $729,750 last month. The Average Sales Price in January was $862,000, up 7.0% from $805,563 in January of 2011 and down -10.6% from $963,889 last month. January 2012 ASP was at highest level compared to January of 2011 and 2010.   The Total Inventory of Properties available for sale as of January was 261, down -4.4% from 273 last month and down -23.0% from 339 in January of la...
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By Art Wilson, Realtor - Chicago's North Shore
(Coldwell Banker Residential Brokerage)
Lake Forest's December Property sales were 18, down -41.9% from 31 in December of 2010 and -10.0% lower than the 20 sales last month. December 2011 sales were at their lowest level compared to December of 2010 and 2009. December YTD sales of 254 are running -9.0% behind last year's year-to-date sales of 279.   The Median Sales Price in December was $729,750, up 53.7% from $474,900 in December of 2010 and up 17.7% from $620,000 last month. The Average Sales Price in December was $963,889, up 11.9% from $861,198 in December of 2010 and down -20.2% from $1,208,050 last month. December 2011 ASP was at highest level compared to December of 2010 and 2009. The Total Inventory of Properties available for sale as of December was 270, down -14.0% from 314 last month and down -17.4% from 327 in De...
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By Judy Chapman
(Referral Network of Illinois LLC)
You earned it. You bought it. You loved it. Now you want to sell your Lake Forest executive home. Nothing can stop you if selling your house is a must-do goal You cannot test the market. Or dip your toes in the water. You have to go full throttle and pull out all stops to make your dream become a reality. Otherwise, you’ll just be spinning your wheels. Listing your house for sale isn’t the same as selling your house If you own a house in Lake Forest, consider yourself fortunate to live in such a vibrant and popular community. It may be ‘cooler by the lake’, but it’s still a hot real estate market. Lake Forest won’t ever go out of style. During the last 30 days, these executive Lake Forest houses were sold to the highest bidder. # Street Original List Price Sold Price Ratio So...
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By Judy Chapman
(Referral Network of Illinois LLC)
You earned it. You bought it. You loved it. Now you want to sell it. Your house in Lake Forest, that is. Nothing can stop you if this is your must-have goal. You cannot test the market or dip your toes in the water. You have to go full throttle and pull out all stops to make your dream become a reality. Otherwise, you’ll just be spinning your wheels. Listing your house for sale isn’t the same as selling your house If you own a house in Lake Forest, consider yourself fortunate to live in such a vibrant and popular community. It may be ‘cooler by the lake’, but it’s still a hot real estate market. Lake Forest won’t ever go out of style. During the last 30 days, these luxury Lake Forest houses were sold to the highest bidder. Data provided by the Midwest Real Estate LLC (MRED) multiple lis...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices continued to rebound higher last week, which pushedmortgage interest rates lower. Stock gains kept mortgage bonds relatively in check but many of the data releases were very bond friendly. The core PCE inflation reading was unchanged compared to the slight increase expected by analysts. Q4 revised productivity rose 6.9%, much better than expected. Higher productivity means a company can produce more with less input helping to keep prices and thus inflation in check. Rates fell about 1/8 of a discount point for the week. Expect stocks to factor into trading the early portion of the week with very little data on tap. The Treasury auctions will be the focus throughout the middle portion of the week. Strong foreign demand would likely help mortgage bonds...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices fell last week pushing mortgage interest rates considerably higher. The bond market took a hit as inflation concerns emerged after the stronger than expected producer price index data. Producer prices surged in January amid higher energy costs to almost double expectations. The Fed made a surprise rate hike to the discount rate that also resulted in mortgage rate increases. The only positive was the tame consumer inflation reading Friday morning but we were unable to rebound from the earlier losses. Unfortunately rates rose over a full discount point for the week. The consumer confidence data Tuesday will set the tone for trading this week. New home sales, weekly jobless claims, and the gross domestic product data also may move the financial markets. ...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices rose last week pushing mortgage interest rates slightly lower. Reignited fear of a global economic meltdown sent money into the mortgage bond market in flight to quality buying. The news reports were permeated with worries about European debt payment defaults. Greece and a few other countries were noted as specific concerns. The employment report Friday morning was mixed with unemployment not as bad as expected but a larger than expected drop in payrolls. For the week interest rates fell by about 1/4 of a discount point. The record debt issuance continues with billions of dollars worth of notes and bonds set for auction this week. Strong foreign demand will likely help the entire bond market. With the recent "revisions" to employment data the weekly j...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices rose last week pushing mortgage interest rates lower. The bond market rallied following crumbling stocks as the DOW fell 213 points Thursday. Weekly jobless claims came in higher than expected causing unemployment fears to cast a shadow over the state of the economy. In a consumer based economy it is difficult for people to spend money without a job. The producer price index was mixed as the headline figure was higher than expected but the core was lower than expected. For the week interest rates fell by about 1/4 of a discount point. The Fed meeting Wednesday will be the most important event this week. The Treasury will continue the record auctions with 2-year notes on Tuesday, 5-year notes on Wednesday, and 7-year notes on Thursday. If foreign dema...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices rose last week pushing mortgage interest rates lower. The bond market rallied nicely Tuesday following moves by China to curb growth. Oil prices fell almost immediately providing a much-needed reprieve following the recent run up in prices tied to severe cold weather across the US. The consumer price index data showed tame inflation, which also helped rates improve. For the week interest rates fell by about 1/2 of a discount point. The inflation data Wednesday will be the most important economic release this week. Signs of stronger than expected inflation would not be good for mortgage interest rates. The bond market is closed Monday in honor of the Martin Luther King holiday. Interest rates may be volatile Tuesday as trading resumes following the ext...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices rose last week pushing mortgage interest rates lower. Thebond market was buoyed by the announcement that US Treasury increased the credit lines of Fannie Mae and Freddie Mac a total of $400 billion. This was a signal to investors that those entities are “too big to fail” as viewed by the Treasury. We saw some weakness Thursday afternoon as retailers reported stronger than expected holiday sales. The employment report Friday was generally bond friendly. For the week interest rates fell by about 1/4 of a discount point. The inflation data Friday will be the most important economic data this week. Signs of stronger than expected inflation would not be good for mortgage interest rates. The Treasury auctions will also dominate trading. Stronger than norma...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices fell last week pushing mortgage interest rates higher. The bond market was choppy most of the week as thin trading conditions magnified movements. We started the week with rates heading higher Monday. Fortunately there was a bit of a rally Tuesday and Wednesday as the Treasury auctions were decent. Those gains were short-lived as the weekly jobless claims figure wasn't as bad as expected. The bond market closed early Thursday and was closed the entire day Friday. For the week interest rates rose by about 1/4 of a discount point. ISM Index data will set the tone for trading this week. The employment report will be the most important release but it doesn't arrive until Friday. This will be the first full week of trading this year. It will be interesting...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices rose last week pushing mortgage interest rates lower. The economic data continues to be mixed. Personal income, outlays, and PCE inflation data were stronger than expected. Trading was thin and erratic. Thin trading conditions, news of the looming debt crisis in Dubai and a continued influx of Fed money into the mortgage bond market helped rates improve. Interest rates finished the week improved by about 1/2 of a discount point. The employment report will be the most important release this week. This is one of those weeks where there are many economic releases classified as very important or important. The potential for market volatility is increased when these types of reports are released. Be alert throughout the entire week. LOOKING AHEAD EconomicI...
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By Mick Rothblott
(Mortgages By Mick)
MARKET COMMENT Mortgage bond prices rose last week pushing mortgage interest rates lower. The Fed spent another $45 billion buying mortgage bonds between November 5th and the 11th. For all the criticism the Fed receives for the handling of the economy, they do deserve credit for keeping mortgage interest rates low throughout this year. How it all plays out in the long term is uncertain. The record Treasury auctions continued to be absorbed in trading without any major problems. For the week, interest rates improved by about 7/8ths of a discount point. The consumer price index data Wednesday will be the most important release this week. Producer price index data along with retail sales data will set the tone for the start of the week. Inflation indications would likely hurt mortgage inte...
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Lake Forest, IL Real Estate Professionals