Herbert A. Gonzalez, Real Estate Managing Broker.

Herbert A. Gonzalez, Real Estate Managing Broker. Independent and self sponsored licensed real estate managing broker.

"Providing you "Professional Service with a Personal Touch!" Buy, Sell, lease, invest everything real estate.

Great opportunity for the owner occupied purchaser or a savy investor.  Very desirable Irving Park nieghborhood of Chica...
11/07/2025

Great opportunity for the owner occupied purchaser or a savy investor. Very desirable Irving Park nieghborhood of Chicago.

For Sale Multi-Unit 6 Bed, 3 Bath, 0.07 Acres, Built in 1918 in Chicago, IL

Great opportunity to call this brick bungalow in south Berwyn home!
11/07/2025

Great opportunity to call this brick bungalow in south Berwyn home!

For Sale Residential 3 Bed, 1.5 Bath, 0.10 Acres, Built in 1926 in Berwyn, IL

Great opportunity to own this great brick 2 flat with 3 units in the Irving Park neighborhood.  Great income producing p...
10/03/2025

Great opportunity to own this great brick 2 flat with 3 units in the Irving Park neighborhood. Great income producing property with new roof, tuckpointing, furnaces. Central Air. Close to public transportation and highway. Shops, grocery, restaurants, cafe, and more all nearby. call me today for more details. (773) 507-6958

For Sale Multi-Unit 6 Bed, 3 Bath, 0.07 Acres, Built in 1918 in Chicago, IL

Great Brick Single Family Home in Westchester IL.  Asking $319,900.  Seller may help with closing costs.  Mortgage loan ...
08/02/2025

Great Brick Single Family Home in Westchester IL. Asking $319,900. Seller may help with closing costs. Mortgage loan programs that assist with the down payment. Most people qualify if you can show you have 1% of the purchase price in your own funds. The program will lend you the rest of the down payment or somethings even grant it to you. True case scenario example: Purchase price Purchase price of $325,000, seller credit of $9,750 towards closing cost. Lender gave buyer a loan for the down payment of $7500. Buyer brought to closing less than $4000 TOTAL. Buyer purchased home with under $4K.....subject to credit approval and underwriting guidelines. CALL TODAY TO GET MORE INFORMATION AND TO SCHEDULE YOUR PRIVATE TOUR. EQUAL HOUSING OPPORTUNITY.

923 Manchester Ave, Westchester, IL 60154 is for sale. View 48 photos of this 3 bed, 1.5 bath, 1644 sqft. single family home with a list price of $319900.

Great Starter Home in Westchester IL.  Asking $319,900.  Call or text to schedule your own personal tour!  (773) 507-695...
07/28/2025

Great Starter Home in Westchester IL. Asking $319,900. Call or text to schedule your own personal tour! (773) 507-6958

923 Manchester Ave, Westchester, IL 60154 is for sale. View 48 photos of this 3 bed, 1.5 bath, 1644 sqft. single family home with a list price of $319900.

Midwest Real Estate Data (MRED) Weekly Market Snapshot!  Private listings are not publicly marketed and therefore exclud...
01/23/2024

Midwest Real Estate Data (MRED) Weekly Market Snapshot! Private listings are not publicly marketed and therefore excluded from this Snapshot.
Frame 2: We can clearly see in this weekly comparison, that actual residential CLOSED listings were down every month compared to the previous year's statistics. Total sales were down! Alone, this would indicate a drop in the demand in real estate.
But let's evaluate this a little closer.
Frame 3: We can see that, residential listings that are UNDER CONTRACT and waiting to close, are mostly up compared to the same month the previous year. This indicates that the actual demand, most likely is proportionately higher than the supply, even though sales are down year over year.
Frame 4: Here we see that the number of NEW listings is down compared the previous year's months. So the actual inventory is diminishing because more inventory is UNDER CONTRACT and less NEW LISTINGS are entering the MRED market.
Frame 5: Residential RENTED LISTINGS are mostly down compared to previous year. This indicates more people are opting to buy instead of rent. This drives the demand for home sales up.
Frame 6: We can see that starting the last week of October of 2023 the number of ACTIVE listings started to drop. With the exception of frame 2, all the other frames above indicate less supply and more demand! This should translate into higher home prices.
Frame 10: Reinforces the idea that more people are opting to buy because the average RENTAL PRICE has increased. Thus resulting in a higher demand in home sales.
Finally Frame 9: My suspicions are confirmed. Home sales prices have increased month over month from the previous year!!!!

So what does it all mean? FOR SELLERS, an increase in sales prices should net you more money at closing. FOR BUYERS, if you are waiting for interest rates to drop, getting a low interest rate may be offset by the fact that you most likely will be paying a higher price for your home. So, waiting may not make a real difference. Same is true for SELLERS who currently have a low interest rate and do not want to purchase their next home at a higher interest rate. Waiting for interest rates to drop for the purchase of a new home will probably result in you paying more for that new home.

If you want me to evaluate and interpret the local market that you are wanting to sell or buy in, give me a call.

CALL OR EMAIL ME NOW to schedule your FREE MARKET ANALYSIS!!!!

773-507-6958 [email protected]

Herbert Antonio Gonzalez
Mark Allen Realty
"Providing you professional service with a personal touch!"

MRED has long offered monthly statistical reports. Now, the MLS is offering weekly tracking on several key housing criteria. MRED will provide weekly updates on the number of new listings and properties under contract.

09/04/2023
Happy St. Patrick's Day!
03/17/2023

Happy St. Patrick's Day!

Calling all buyer!  Take advantage of first time buyer assistance programs.  Call me today at 773-507-6958 to see how to...
03/14/2023

Calling all buyer! Take advantage of first time buyer assistance programs. Call me today at 773-507-6958 to see how to qualify. Programs that help with the DOWN PAYMENT AND CLOSING COSTS!

Call me for your FREE market analysis and valuation of your home  773-507-6958
03/09/2023

Call me for your FREE market analysis and valuation of your home 773-507-6958

CONTRACT PENDING!   1408 N. KILDARE IN CHICAGO, IL. is a 2 flat cash cow with a finished basement collecting $4150 in re...
03/08/2023

CONTRACT PENDING! 1408 N. KILDARE IN CHICAGO, IL. is a 2 flat cash cow with a finished basement collecting $4150 in rental income. I had 20 showings in a 1 week span. Then we had multiple offers and my seller accepted one of them. If your thinking of selling, give me a call at (773) 507-6958. I have buyers that are ready, willing and able to buy. I just need to match them up with the right home! 🏘 Let me help you sell for the highest possible price, in the shortest amount of time and with the least inconvenience to you. Call today to arrange for your free home valuation report.

Herbert A. Gonzalez, Realtor with Mark Allen Realty
search for properties at: https://herbert.markallenrealty.com/
[email protected]
(773) 507-6958
"Providing you Professional Service with aa Personal Touch!"

Address

1390 Creekside Court
South Elgin, IL
60123

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