CONDOChicago.com May 2005 Newsletter
Specializing in Chicago condo & loft living
Visit http://www.condochicago.com/ to see the best in Chicago properties
online. View our featured listings or search from our database of over
60,000 Chicagoland homes, condos, lofts, and more. Here is the latest
news and featured listings.
The Burlingham
      Located in the heart of the Gold Coast, "The Burlingham" is a vintage rehab with lots of character, low monthly assessments and can't beat location. The CONDOChicago team is representing the developer in selling all ten 2 bedroom, 2 bath units in this elevator building. The units feature hardwood floors, 42" kitchen cabinets, stainless steel appliances, granite counters, and woodburning fireplaces. We are having an open house on Sundays from 12-2 or call now to schedule your personal preview. Now 60% sold!
 
Prices $400,000- 430,000 for remaining units
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Have You Thought About a Second Home?
With low interest rates and a lackluster stock market the norm, about one in four Americans is now investing in a second home - and CNN recently reported that 30 million Americans will be purchasing second homes in the next 10 years. With homes appreciating 49% between the fourth quarters of 2000 and 2003 in the 13 top seasonal vacation counties (where seasonal homes represented less than 10% of housing), Americans have had strong incentives to enter the second-home market.

In such a hot market, where the motivation to buy is already strong, we can best serve you as a trusted advisor. In guiding your selection, we can help you weigh such factors as travel time, seasonal climate, proximity to health care facilities, access to utilities, zoning restrictions and homeowners insurance (generally higher than that for a primary residence).

Even if you're not exactly looking at buying a home in a vacation hotspot, something else to note is many parents are also buying second-homes for their college-bound children to bypass paying rent. Or if their kids are ready to graduate, instead of handing them the keys to a new car, they're handing them the keys to a new condo.

Stacy Karel is also a licensed broker in Arizona as well as an agent in Chicago. You can find her team's listings at http://www.condophoenix.com/ and http://www.scottsdale-home.com_______________________________________________________________________________________________________/

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  Meet Cherie Turner, the newest member of the CONDOChicago team
Cherie Turner recently joined Keller Willams after deciding to turn her increasing obsession with Chicago real estate into a career. Born and raised in Chicagoland, Cherie has an intimate and ever-increasing knowledge of many of the city's neighborhoods. Whether partnering with sellers or helping buyers find the right home, enthusiasim, warmth, and professionalism is what Cherie brings to the table making her a valuable asset to her clients.

Prior to entering the world of real estate, Cherie developed her customer service and technical skills as an Account Manager with CDW Corporation (a Fortune 500 company). Cherie graduated from the University of Illinois at Urbana-Champaign with a Bachelor of Science degree in Psychology (GO ILLINI!).  Cherie is currently a member of the Chicago Association of Realtors and the North Shore Theatre of Wilmette. She enjoys reading, shopping,
performing onstage, and working out.
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Remember, you can Search the MLS on CONDOChicago.com and feel free to to pass
this email on to someone who may be in the market.
Stacy Karel (312)278-8574, Neringa Northcutt (312)278-8565,
& Cherie Turner (312)278-8592
 
Stacy@CONDOChicago.com * CONDOChicago.com