I'M TIRED OF MARY



There's a certain writer in Chicago who seems to love to trash the market. Much of her writing is national in perspective and short on insights about specific markets that are weathering this downtrend better than others.



I focus on the North Shore (hence the name of this blog). I don't worry to much about Chicago because it is such a different market. But the North Shore has actually held up pretty well. Yes prices are down, transaction volume is down but homes are selling and people are moving. Enough with the doom and gloom. Real estate markets are actually micro-markets. Values are valid only for a few blocks. That's why Zillow isn't all that accurate in Evanston, Wilmette and Winnetka.

When you read the Chicago Trib's Sunday Real Estate column, use it as only really macro information. Tomorrow I'll post up the last 18 months of median prices and sales transactions for Evanston and Wilmette. What you'll see will surprise you.

DS