Oak Park, IL

Keller Williams Realty Professionals in Oak Park is proud to announce the addition of another great agent to our team!

Loria Hamilton-Field

Loria was with Keller Williams before and left to be a large independent company in Oak Park. When asked why KW and why did you want to come back, here was her response:

"I came back to KW for a couple of reasons. After being with a company for over a year that treated me like just another number, I missed the atmosphere. I never felt like I was just another salesperson with KW. Everyone always took a genuine interest in helping me with my business. This really felt more like coming back home. I also came back because of the training and support. I've attended tons of trainings and seminars over the past year and KW is in a league of their own. I missed the accessibility of training on any and all subjects crucial to my business. Finally, in this economic climate I truly appreciate a company that wants me to get ahead financially. The commission splits are fair and give me an attainable incentive."

Welcome back Loria, we are glad you decided to join us and take your business to the next level!

6547 W. North Ave. • Oak Park, IL 60302 • (708) 383-8500

Sincerely,

John D. Youker

CEO / Team Leader

Keller Williams Realty Professionals

Chicago-Oak Park

JYouker@kw.com

About The Available Condos: http://budurl.com/2n8f

Regency Terrace: 922 North Blvd. ~ Boutique Downtown Oak Park elevator building w/ indoor pool & rooftop sundeck ~ pet and investor friendly!

Unit 406: $149,000 ~ 1BR, 1BA w/ garage pkg (add'l outdoor space avail), fresh paint + 26 ft balcony
Unit 507: $169,800 ~ 1BR, 1BA w/ garage pkg, chic & updated + 26 ft balcony
Unit 408: $219,800 ~ 2BR, 1.5BA w/ 2 outdoor pkg spaces, fresh paint + 40 ft balcony

Marketed by The Pych Team, "Your #1 Pick", @ RE/MAX In The Village About The Pych Team: http://budurl.com/PychTeam

Oak Park is a vibrant, diverse suburb just west of Chicago. It is a very pedestrian and bicycle-friendly community with access to the CTA via multiple blue and green line stops as well as a Metra station. The downtown area is very lively with many shops and restaurants. There are also smaller neighborhood "shopping districts" with boutiques, art galleries, coffee shops, restaurants, and the occasional bar/lounge. There are several parks and playgrounds scattered throughout the village as well. Our housing stock ranges from condos under $100K-500K+ and houses ranging from about $225K to $1M+. If you're interested in learning more about the opportunities in the area, I'd love to help you. Feel free to contact me via my website below. Laurie, Buyer Specialist with The Pych Team, "Your #1 Pick" RE/MAX In The Village, Realtors http://lchristofano.illinoisproperty.com

Oak Park Area – January 2009 Market Activity*

With the real estate market playing a major role in today’s economy, many people are curious about their local real estate market. Here are the combined January 2009 statistics for Forest Park, Oak Park, and River Forest, Illinois.

Detached Attached

Number Closed 16 10

Days on Market 182 94

Avg Sales Price $443,969 $128,400

Avg SP:LP 93% 92%

How does this compare with sales one year ago?

January 2008 Oak Park Area Market Activity*

Detached Attached

Number Closed 24 18

Days on Market 139 171

Avg Sales Price $524,704 $208,892

Avg SP:LP 95% 95%

In terms of volume, single family home sales are down 33% and condos are down 44%. The average selling price for single family homes is down 15% and condos 39%. Note that this does not necessarily correlate with that steep of a decline in value; rather, buyers may be choosing less expensive properties.

Are foreclosures affecting the real estate market in the Oak Park area? According to RealtyTrac, as of 2/11/2009 there are 171 pre-foreclosure properties, 42 set for a sheriff’s sale, and an additional 93 that are bank-owned in Oak Park alone. Undoubtedly, sellers must compete against these 306 distressed properties when trying to sell their homes. Working with experienced Realtors like us will help give you the edge!

It's a great time to be a buyer! Let me show you the many great buys out there!

* Keep in mind that these are very general averages for the towns of Forest Park, Oak Park, and River Forest. For detailed information using particular criteria or for more information about our services, please contact me. http://lchristofano.illinoisproperty.com Laurie Christofano, The Pych Team @ RE/MAX In The Village, Realtors