evanston presentation

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Page 1: Evanston presentation

Evans tonTHE CITY AND THE SHORE.

Page 2: Evanston presentation

Evans tonEvanston is a very unique city

Parks and beaches on Lake Michigan. Chicago is a short train, bike, car or cab ride

from here. A major destination for music, restaurants

and art. Northwestern University anchors the cities

intellectual & cultural resonance.

Page 3: Evanston presentation

Coldwe l l Banker .•Regional leader.

•Market leading resources

•Optimal location

Page 4: Evanston presentation

Rent ing in Evans ton.•Evanston rental prices have increased yearly and economic indicators suggest that they will continue to do so.

•Price varies by location, amenities and size.

•Rental inventory is very competitive at the moment and it is an Owners market.

•2 months out is the time to look and determine where you want to be. (Law prohibits us from making suggestions based on location.)

Page 5: Evanston presentation

Buy ing in Evans ton.• The trend in Evanston and the Northshore over the last four

years has been for median prices to decline.

• All indicators are the median prices have leveled off.

• Mortgage rates are at historic lows.

• Home inventory has been declining for the last year.

• All good signs for future investment.

Page 6: Evanston presentation

Rent ing vs Buy ing.• 1 bedroom 1 bath at 807 Davis. A newer Condominium

building close to the Metra and El with parking.

• Premier location

• Close to campus

• Highly desirable.

• Includes parking, pool and work-out facility.

• Rent $2,300 per month with a min 18 month contract.

• Buy $229,000.

Page 7: Evanston presentation

807 Davis $2,300 monthly rent and 223,000 purchase price. Better to buy after 4 years.

Page 8: Evanston presentation

Nex t s teps and to do l i s t i f you are ren t ing.

1. Determine where you want to be.

2. Determine your budget.

3. Determine what you need: Number of bedrooms, number of baths, laundry, parking, pets, etc.

4. Advise us on your move in date.

5. We will set up a schedule to get this done and we can start sending you examples of what is available.

Page 9: Evanston presentation

Nex t s teps i f you want to buy.

• Let me know you want to buy.

• Give me the requirements on your new property.

• Get pre-approved. (We can do that in house with PHH Home Loans.)

• Start looking at the listings we provide you.

• Set up time to view selected listings.

• Make an offer.

Page 10: Evanston presentation