. . . and of course the ongoing, bilious political situation in Washington could create some as-yet-unseen crisis, introducing “a whole different level of uncertainty.” But at the moment, there are green shoots in sight — signs of better balanced market conditions ahead.
It’s exciting to see the single family and duplex villa models taking shape at Hinsdale Meadows. Over the coming weeks, work will continue on both the exterior and interior details. When all construction is complete, our design team will take over and furnish each model to perfection. Follow us here and we’ll update you on the model grand opening dates.
9th Closing at Anets Woods: A Stunning Contemporary Approach
We recently welcomed our eighth family to Anets Woods. We’re now over 50% sold and we will have another closing next month.
Anets Woods of Northbrook won big at the Annual Key Awards presented by the Home Builder’s Association of Greater Chicago. The Edward R. James team won a platinum award for “Outstanding Design: Semi-Custom Home;” a Platinum award for “Outstanding Design: Single Family Luxury” and a gold award for “Outstanding Design: Land Planning Community Planned Development.”
Anets Woods is the fastest selling community on the North Shore and we’re now 53% sold! Here are a few pictures taken this fall. The landscaping is maturing beautifully. Stop by our fully furnished model and see for yourself our “Exceptional Homes . . . Exceptional Places.”
Through August, Chicago had already recorded as many luxury sales as in all of 2016 or 2017. Chicago’s luxury housing market set a record for $1 million-plus sales in the third quarter. The city tallied 424 luxury home sales in the third quarter, a 19 percent increase year over year, according to the Re/Max Luxury Report for the Chicago metro area.
Discover “Newcomers and Neighbors.” There are plenty of opportunities to “Connect, make friends and have fun!”
In the early 2010s, economic development emphasized renting over homeownership and young people over families, and clustered economic activity in urban cores instead of outlying areas. This model didn’t need much from the political system. But trends in recent years, affirmed by the latest census data, show that we’re going to need a different framework in the years to come, and it’s not clear yet if the economy and political system are up to the task.
The home on lot 29 is nearing completion and is scheduled to close this month. We are 50% sold! At Edward R. James, our goal is to make the process of building and closing on your home as smooth as possible. Customers often wonder what they need to do prior to closing. Our Reservation to Residency lists the following steps:
- Obtain a homeowners insurance policy.
- Secure the services of a closing Attorney, if you intend to use one (recommended).
- Contact your attorney and lender to apprise them of the closing date.
- You or your attorney must contact the escrow closing office to verify the balance of the purchase price due at closing.
- Assure that you and/or your attorney review copies of pertinent closing documents.
- Contact all utility providers to set up your new accounts.
All closings are consummated through a builder and developer escrow at Chicago Title and Trust. If you obtain a loan, your lender must coordinate the loan disbursement through Chicago Title. The balance of the purchase price due at closing must be in the form of a certified or cashier’s check or through a wire transfer sent directly to Chicago Title. Your attorney will be provided with the wire transfer instructions directly from the title company. In addition, you must bring any required documentation that your lender requires such as your insurance policy along with proof of payment.