Archive for November, 2009
Area Home Sales Boost- Alan cited in CHICAGO SUN-TIMES Article!
Alan was contacted recently as a source of information for a Sun Times article regarding the increase in local home sales this past month:
Alan Shultz, associate broker with Coldwell Banker’s Gold Coast office, said his October business doubled from a year ago. One of those deals was with a first-time home buyer, whose initial offer to buy the home was rejected by the seller because of the price. But in the end, the seller called back and agreed to the reduced price, he said. In the city of Chicago, sales jumped 28.5 percent in October to 2,012, compared with 1,566 sold a year earlier. The median price dropped 18 percent to $215,000 from $262,250. Statewide, sales rose 24.2 percent to 10,986, while the median price fell 7.6 percent to $157,000.
The article is titled “Tax credit, low interest rates give area home sales a boost” and can be found in the November 24, 2009 edition of the newspaper. The author of the article was the paper’s own Francine Knowles.
