Happy New Year from @properties!

As we flip the calendar to 2008, we're extremely proud to look back and say 2007 — a year that saw daily headlines about the declining state of the real estate market — was our best year ever. Our agents recorded over $1.9 billion in sales, a 15 percent increase over 2006. We also celebrated the successful launch of our commercial division, bringing a new range of services to an ever-growing client base.

Chicago home values, especially in the city, stood up well in 2007 despite the depreciation in other major markets. Looking ahead, we see many good opportunities in 2008 and have every reason to believe prices will remain stable or rise slightly. We also anticipate additional Fed Rate cuts, allowing more first-time buyers to qualify and stimulating activity on up the real estate food chain. This year more than ever sellers must price intelligently and bring their property to market in pristine condition. A listing will ultimately net more by being the best property in a lower price range vs. "running with the pack" in the next range up.

So, if your plans for the months ahead include buying or selling real estate, be sure to give me a call. We'll work together to make sure 2008 is a success for you.

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