Jack Lewitz's (evanstonilrealtor) Blog

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Real Estate Agent - Jack A. Lewitz
RECENT BLOG POSTS
The  Last 3 Month Sales Statistics continues to show a downward trend in distressed sales but many cities are still in double digit numbers. City # Closed # Distressed % Distressed Evanston 69 16 23 Wilmette 66 7 10 Winnetka 33 2 6 Glencoe 19 0 0 Highland Pk 61 9 14 Glenview 85 17 20 Skokie 86 32...
04/25/2014
       It has been reported that home values are finally on the rise. The chart below shows the average price of a home in 2006 and what the appreciation is over that last 24 months. As this chart indicates appreciation is still in single digit numbers and the average home price is still off the...
04/25/2014
Seller Market: The supply of inventory in a seller market is under 6 month. Buyer Market: The supply of inventory in a buyer’s market is over 6 months. There clearly are fewer homes on the market this year than last year and as a result the market is shifting from a buyer’s market to a sellers ma...
04/25/2014
Real Estate is now a "Seller" Market Home Prices are "Rising" More Buyers will be looking at your home You have "No" Mortgage You Plan to Retire and Downsize NOW is the time to take advantage of  housing market recovery. To Find out what your home is worth... Call Today: Jack Lewitz Cell: 708-309...
04/25/2014
      I just finished reading an article about the recent agreement between Fannie Mae and BOA. BOA has agreed to pay FAnnie MAe $3 Billion in Compenatory Fee obligations, will repurchase 30,000 loans from Fannie and sell their servicing rights of 2 Million Mortgages. As I read this article it r...
02/12/2013
01/28/2013
01/28/2013
01/28/2013
5 Comments
I must talk about an experience that was very unpleasant to me personally and professionally. I was the listing agent for a short sale condominium and the buyers were both Realtors. The buyers both worked in different offices but were buying the condo I represented as an investment property becau...
01/28/2013
013 categories: Ask the "Specialist", Bank Owned, Just "My" Opinion strategic       Definition Decisions or plans designed to impact favorably the key factors on which the desired outcome of an organization, game, system, venture, or war, depends. See also tactical.   Why do people in the Real Es...
01/28/2013
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Jack Lewitz

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