An important home in historic Lakewood Balmoral just came on the market!
Click on the Photo Above for the 5438 N Lakewood website!
This gorgeous renovation was done first in 1986, and then again recently. The new kitchens and baths are luxurious, and the nearly 6000 SF home offers the finest blend of vintage and contemporary finishes! There are 6 bedrooms , 4.5 baths PLUS a finished basement. The third floor could be used as a guest suite or family hangout, there’s a nanny suite in the basement, PLUS a separate office/artist’s den with separate guest access allows for privacy, creativity, yet proximity to the home’s activity centers!
Homes on this popular Lakewood Balmoral block don’t come on the market very often – and if they do, they aren’t usually already renovated to the discriminating taste of today’s home buyer. This is rare opportunity!
To see this magnificent property, contact
For more information, read the brochure found below.
Or download the 5438 N Lakewood Brochure Here (on dropbox)
This is a bit of a macro view of the Chicago Real Estate Market, but I think it’s an interesting comparison to the chicago real estate, Illinois, and the nation.
Chicago Real Estate Market?
Basically, from the South Loop/Near South Side to Devon, including areas just west of the Kennedy Expy, Forest Glen, and Irving Park.
Chicago Real Estate Market Trends
2008 to Today
The following market trend charts are for both single family and “attached” properties (condos, townhomes, co-ops).
Median Sales Price
Here is an interactive chart of what Chicago Real Estate median sales prices have done since 2008…
Number of days on the market, from listing to contract…
How many months worth of housing stock is available at any point in time? Lenders use 6 months as the benchmark for a “stable market”. Under 6 months of inventory is considered a “sellers” market.
% Sales Price to LAST List Price
This may or may not be the ORIGINAL list price. Once the property reaches the RIGHT list price, it’s currently selling for 97.8% of that last price.
Since April, 2013, over 10,000 homes have been sold in the marketplace. This is a very strong number!
For information on your neighborhood, or to get a quick pinpoint market analysis,
contact Anne today!
Baird & Warner
I came across this great article on helicopter parenting around the world - “A Cure for Hyper-Parenting”
Apparently, it’s not just Americans who are hyper parents!
In short, here’s what the NY Times article by Pamela Druckerman instructs us about good parenting:
1. Matthias Doepke and Fabrizio Zilibotti say intensive parenting springs from “rising inequality, because parents know there’s a bigger payoff for people with lots of education and skills.” Maybe – I haven’t done a lot of thinking on this. I read that this phenomenon is creating an even greater gap between the “haves” and “have nots” who can’t afford tutors, test prep, private sports coaches….
2. People around the world are breeding later in life, when they’re richer and more grateful, so the whole parenting experience becomes “hallowed”. Makes sense – it also stands to reason that having kids after “achieving” in the workplace means there’s one more place to show off our “achievement-driven” sensibilities…
Here’s the advice Ms. Druckerman gives in the article- many of which are cited from other sources. She did a great job of putting gathering some useful nuggets:
- Keep Calm and Parent On — expect more from your kids – even though it can be messy
- Kid parties should be DROP-OFFS – use the time for yourself! Between the mid-1990s and 2008, college-educated American moms began spending more than nine additional hours per week on child care; this came directly out of their leisure time.
- Enjoy the MOMENT- don’t always push for a Harvard degree. Said a better way: “total commitment to the process, total equanimity about the outcome.”
- Most parenting crises are caused by exhaustion – try sleeping more and attacking issues when calm and rested.
- Have less stuff- the more you have, the more you have to organize, take care of, repair, and think about.
- Work-life balance is nearly impossible to achieve- FORGIVE YOURSELF!
- Teach emotional intelligence to your kids- and live it yourself- size up the other individual before you care what they think of you!
- Enact the Mandela rule – “You can get what you want by showing people ordinary respect.”
I love this:
Scandinavians complain of “curling parents,” a reference to the sport in which you frantically scrub the ice to let a stone glide across it.
Maybe even a better analogy than a helicopter?!?!