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(PRWEB) May 02, 2013
There was a significant increase of 26.2% in the median sales price for homes, townhomes, and condos in North Barrington for the year ending March 31, 2013. The median sales price rose from $ 407,000 for the year ending March 31, 2012 to $ 513,750 for the year ending March 31, 2013. There was also an increase in the number closed sales for homes in the area. The number of closed sale rose from 2 closed sales for the year ending March 31, 2012 to 4 closed sales for the year ending March 31, 2013. This is encouraging news since the year did see a decrease in the number of homes for sale in the area. The number of homes for sale in North Barrington dropped by 25.4%. The number of homes for sale fell from 71 homes for the year ending March 31, 2012 to 53 homes for the year ending March 31, 2013. After seeing a decrease last year in the number of new listings, as the number fell from 17 new listings for the year ending March 31, 2011 to 12 new listings for the year ending March 31, 2012, this number remained steady this year at 12 new listings for the year ending March 31 2013.
There was a sharp decrease in the months supply of inventory for the third straight year. The months supply of inventory fell from 20.9 homes for the year ending March 31, 2011 to 17.4 homes for the year ending March 31, 2012 to 12.5 homes for the year ending March 31, 2013. This represents a decrease of 28.1% for the year ending March 31, 2013. The year also saw a large increase in the market time for homes, condos, and townhomes in North Barrington. The number of days homes remained on the market increased from 132 days for the year ending March 31, 2012 to 562 days for the year ending March 31, 2013.
Welcoming his 12th year of Real Estate experience, http:// John Herman effectively turns buyers into owners, and closes listings successfully with Barrington Real Estate, Illinois. Clients are quickly referred to as guests in his home market, welcoming everyone to his performance standards uniquely separating him from the competition. Johns diligent work with clients earned him a 2011 Five Star Professional Award. As a daily hard working Realtor, John has made it in the top 7% of Real Estate agents granted this award. With his Masters Degree, John is also certified in Foreclosure and Short Sale transactions along with certification as an Accredited Home Buyer Representative. John and his team are localized experts with over 20 years of real estate experience within the beautiful area of Chicago. John Herman controls the necessary actions to position the right inspector, plumber, or resourceful help needed to close every deal properly.
Campbell, California (PRWEB) May 14, 2013
GCA Equity Partners, LLC, today announced that the GCA California Real Estate Fund, LLC provided its investors with a net annualized return of 14.27% for the first quarter ended March 31, 2013. Investors who have participated since inception have realized a net annualized return of 12.77%. The fund provides short-term financing for the purchase and rehabilitation of distressed properties as well as for new construction.
Strong real estate market conditions are driving the funds performance. According to the California Association of Realtors, The March price {for single family homes} was up 28.2 percent from a revised $ 295,630 recorded in March 2012, marking the 13th consecutive month of annual price increases and the ninth consecutive month of double-digit annual gains. The structure of the GCA California Real Estate Fund enables its investors to benefit from market appreciation, as well as earn regular interest income.
Its very gratifying to know that our investors are so pleased with the funds performance, said Charles Tralka, fund manager for GCA Equity Partners. We attribute its consistent double digit results to-date not only to strong market conditions but also to our unique deal evaluation, structuring, and management processes, which are designed to reduce risk and increase returns.
Wondering what else GCA Equity Partners is up to? Stay up to date on Facebook and Twitter.
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About GCA Equity Partners
The Fund, a California State registered offering, offers investors an 8% annual preferred rate, but targets total annualized investor returns in the low double digit range through its combined interest and shared appreciation (contingent interest) lending model. Investors must be California residents, meet certain income and/or net worth requirements, and limit their investment in the Fund to no more than 10% of their net worth as defined by the State of California. More information about GCA Equity Partners and the GCA California Real Estate Fund is available at http://www.gcaequitypartners.com.
About the Fund Managers
The managers of the GCA California Real Estate Fund, Thomas Braegelmann and Charles Tralka, have a combined total of more than 50 years of real estate investment experience. They strategically identify properties to be funded by looking for strong profit potential, and then structure deals that are closely aligned with investor interests.
(PRWEB) May 01, 2013
There was a significant increase of 71.6% in the number of closed sales for homes, townhomes, and condos for sale in Long Grove for the year ending March 31, 2013. The number of closed sales rose from 74 closed sales for the year ending March 31, 2012 to 127 closed sales for the year ending March 31, 2013. This is good news considering the number of homes for sale in the area has declined for the third straight year. The number of homes for sale fell from 137 homes for the year ending March 31, 2011 to 129 homes for the year ending March 31, 2012 to finally 108 homes for sale for the year ending March 31, 2013.
There was also a decrease in the number of new listings for homes for sale in Long Grove, as the number fell from 257 new listings for the year ending March 31, 2012 to 235 new listings for the year ending March 31, 2013. This created a decrease in the months supply of inventory for the year ending March 31, 2013. The months supply of inventory has fallen for the past three years, dropping from 23.1 homes for the year ending March 31 2011 to 19.6 homes for the year ending March 31 2012 to 12.1 homes for the year ending March 31 2013. The year also saw a slight decrease in the median sales price for homes, condos, and townhome in Long Grove. The median sales price declined from $ 650,000 for the year ending March 31, 2011 to $ 576,944 for the year ending March 31, 2012 to $ 560,000 for the year ending March 31, 2013. There was, however, improvement in the market time, as the number of days homes remained on the market fell from 306 days in March 31, 2012 to 189 days in March 31, 2013.
Welcoming his 12th year of Real Estate experience, John Herman effectively turns buyers into owners, and closes listings successfully with Barrington Real Estate, Illinois. Clients are quickly referred to as guests in his home market, welcoming everyone to his performance standards uniquely separating him from the competition. John’s diligent work with clients earned him a 2011 Five Star Professional Award. As a daily hard working Realtor, John has made it in the top 7% of Real Estate agents granted this award. With his Master’s Degree, John is also certified in Foreclosure and Short Sale transactions along with certification as an Accredited Home Buyer Representative. John and his team are localized experts with over 20 years of real estate experience within the beautiful area of Chicago. John Herman controls the necessary actions to position the right inspector, plumber, or resourceful help needed to close every deal properly.
