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AUGUST 2018

 

Strong Pending Home Sales Nationally

Contracts signed for previously owned homes are on the rise, according to a report from the National Assocation of REALTORS®. In June, the index for pending contracts for home sales rose 0.9% month-over-month, the first increase in three months. All four major regions in the U.S. showed increases, which may be boosted by more inventory,  a healthier labor market, and lower taxes.

 

How’s the Market? 3rd Quarter 2018

This quarter has shown median prices for homes sold increasing by 3 percent from 2017 and new construction homes sold jumping 16 percent from the previous year. Listings are spending less time on the market, spending an average of 86 days on market Q2 of 2017 in comparison to 80 days in 2018. Interest rates continue to remain consistent, showing little change in June 2018. To read the full report, please click here.

 

KoenigRubloff Cares Foundation Newsletter Summer 2018

The Summer 2018 edition of the KoenigRubloff Cares Foundation newsletter focuses on the Foundation’s annual service event. In June, close to 500 REALTORS® from 22 of the Berkshire Hathaway HomeServices KoenigRubloff Realty Group offices volunteered their time and talents to organizations in their respective communities. Click here to read the Summer 2018 KoenigRubloff Cares Foundation Newsletter.

 
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Gardening 101

As we enjoy the last full month of summer, whether you were able to garden this season or if you’re thinking about next year, HGTV.com has 10 gardening tools for all of your green thumb ambitions. On the list are an open and shut valve for your water hose, a wrap for a slow water releasing system, and weather proof fabric bags that can substitute for raised beds. To read all of the suggestions, please click here.

 

Keeping Your Cool  

August can often be one of the hottest months of the year in Chicago, and House Beautiful has ways that you can stay cool on even the most sweltering days. Consider adding more shade outside of your windows, making sure to switch unused appliances off, and turning off the lights are some of the changes the magazine suggests implementing. To read the entire article, please click here.

 

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Katrina de los Reyes
Real Estate Brokers
kdelosreyes@bhhschicago.com
Office (847) 512-2725
GKChicago.com
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