Seminar Series Presents…
Real Estate Property Tax Reduction

Real Estate Tax Attorney
Anastasia Poulopoulos

State Certified Appraiser
Nicholas Masella

Property Values Are Down ↓
Property Taxes Are Up ↑

What Can You Do About It?

Come to our FREE SEMINAR on Real Estate Property Tax Reduction

Get Answers to Your Questions:

• Learn How To Appeal Your Own Real Estate Property Taxes
• Learn How Declining Home Values Affect Your Tax Bill
• Learn 6-Ways To Save Money On Your Tax Bill Without Appealing
• Learn the 4-Reasons Why Most People Fail When They Appeal
• Learn What to Know and Look for When Choosing an Attorney

Come Join Us For This FREE Informative
And Potentially Money-Saving Seminar.

When: Tuesday February 3, 2009

Where: Prime Property Partners
114 Calendar Avenue, 2nd Flr.
LaGrange, IL 60525

Time: 7:00 p.m. to 8:30 p.m.

Refreshments Will Be Served.
Seating is limited. Call Prime Property Partners at 708.354.7355
Or e-mail me us GreatInfo@PrimeAnytime.com and reserve your seat today.

Beautifully remodeled home on 1/2 acre lot. New 3 Car Garage, new energy efficient windows, new carpeting w/upgraded padding, new hardwoods and new kitchen appliances. Very rare African Walnut Kitchen Cabinets. Huge Family Room in Lower Level with half bath and sliding glass doors to patio. Spacious park-like yard! PRICED FAR BELOW MARKET VALUE FOR QUICK SALE!!! Don’t miss out on this exceptional property!

Offered at: $375,000

For additional information, please click here.

Or feel free to Dean Rouso at 708.354.7355.

LaGrange, IL – Prime Property Partners, a prominent real estate company serving the Western Suburbs, has joined Chicago-based Leading Real Estate Companies of the World^® (LeadingRE), Dean Rouso announced today.

Prime Property Partners joins Leading Real Estate Companies of the World^®, a global relocation network comprised of nearly 700 of the best-known top producing local and regional real estate firms, with 5,500 offices and 170,000 sales associates in the U.S. and 38 other countries.  Collectively, these firms sell 1.2 million homes annually in the U.S. valued at nearly $370 billion, which is more than that of any national brand or franchise. 

Leading Real Estate Companies of the World^® is the country’s largest network of residential real estate firms, and network affiliates are widely recognized as the premier providers of quality residential real estate and relocation services.  Leading Real Estate Companies of the World^® also excels in the upper-end market, with $70 billion in sales of homes valued over $1 million.

As an affiliate of Leading Real Estate Companies of the World^®, Prime Property Partners can assist individuals purchasing or selling property in virtually any community in the U.S. or abroad with services including real estate assistance, comprehensive destination orientation programs, household goods move management and more. The membership also enables Prime Property Partners to assist with corporate relocation accounts through RELO Direct^® LeadingRE’s third party relocation company.

Rouso notes that selection as an affiliate of the Leading Real Estate Companies of the World^® network represents another step in the development of the firm and its ability to meet the real estate needs of the LaGrange-Western Springs area.

Prime Property Partners, with 10 of sales associates, was selected for Leading Real Estate Companies of the World^® membership only after meeting the network’s high standards.

“We are delighted that Prime Property Partners has joined Leading Real Estate Companies of the World^®,” commented President and CEO of Leading Real Estate Companies of the World^® Network Services Ruth Ann Pepple. “Their selection was based on the company’s outstanding reputation, as well as its demonstrated ability to deliver the same high quality service and reliability as our other affiliates. This level of service is the foundation of our network and is the basis for our longevity and success as one of the industry’s leading providers of real estate and relocation services.”

Prime Property Partners’ listings will now be featured on Leading Real Estate Companies of the World Premier relocation website at www.ReloHomeSearch.com which has about 500,000 unique world wide visitors per month.

Prime Property Partners is located at 114 Calendar Avenue, Suite A, LaGrange and has been serving LaGrange-Western Springs and the Chicagoland Western Suburbs since August 2007.

About Leading Real Estate Companies of the World^®

Leading Real Estate Companies of the World^® (www.LeadingRE.com) is a global real estate network comprised of nearly 700 of the best-known local and regional real estate firms. With more than 5,500 offices and 170,000 sales associates in the United States and 38 countries abroad, LeadingRE affiliates sell nearly $370 billion in home sales representing 1.2 million transactions annually. Six of the United States’ top 10 real estate firms are LeadingRE affiliates, and our members are the Number One firms in 44% of the top 88 markets in the United States, representing a powerful force in American real estate.

Weekly Market Update
For Indian Head Park
week of Monday, March 3-10, 2008
NEWS:

Prime Property Partners is #1 in closed listing market share in 2008
in LaGrange, LaGrange Park, Countryside & Western Springs than ANY other competitor

Company	Volume	Market Share
#1 Prime Property Partners	$4.355 million	20.24%
#2 Smothers Realty Group	$3.745 million	17.41%
#3 RE/MAX Properties	$2.076 million	9.65%
#4 Coldwell Banker Residential (LaGrange)	$1.505 million	7.00%
#5 Coldwell Banker Residential (Hinsdale)	$1.200 million	5.58%
#6 RE/MAX Elite	$1.150 million	5.34%
#7 Realty Executives Service	$1.085 million	5.04%
#8 Prudential American Homes	$1.046 million	4.86%

*Above rankings represent closed listing dollar volume for period of Jan 1 thru Feb 29, 2008
for single family detached homes in areas 525,526, 527, 528, 558 per MLSNI.

MARKET DATA:

There were total of 0 single-family detached homes sold in Indian Head Park  last week and 0 in the last 30 days.   0 of these contracts is a home sale contingency.  There are currently 14 active listings for sale in this area.  This calculates to a unlimited months supply on the market.  According to the National Association of Realtors, a six (6) month supply would be considered a balanced market, meaning neither a buyer’s nor seller’s market, with moderate price growth.  Supplies greater than 6 months would indicate trending into a buyer’s market and a supply lower than 6 months would indicate a seller’s market.  There were 5 new listings on the market this week and 6 price adjustments made by sellers.
 
Area Market Survey CriteriaStatus: Active, Back on Market, New, Price Change, Re-activated, Temp Off Market   Property Type: Detached Single   Area: Indian Head Park   Months Back: All Months  
 
Active Listings

List Price Range	# of Listings	Average Days on the Market
$350,000-$399,900	1	286
$400,000-$499,900	1	272
$450,000-$499,900	1	495
$500,000-$549,900	1	496
$550,000-$599,900	4	220
$600,000-$699,900	3	169
$700,000-$799,900	1	36
$1,000,000-$1,999,999	2	73

We welcome questions regarding and of the above data compiled from MLSNI.  Please contact us at greatinfo@primeanytime.com

Interest Rates:
 Last week, interest rates crept up to over 6% for a 30 year fixed mortgage.  Though the Fed has been aggressive with the reduction of widely publicized short-term rates, it has not had a similar affect on long-term mortgages, which have actually increased.

On another note, last week the Fed approved the economic stimulus package which included a modification of Fannie Mae-Freddie Mac conventional loan limits.  The current ceiling on conventional mortgages in Chicagoland is $417,000.  Mortgages higher than this ceiling, labeled as unconventional or Jumbo, are subject to a premium of approximately 1% higher than conventional rates.  This change was designed to impact high price areas and is not likely to impact Chicagoland loan limits.  We will have more info here in the next several weeks.

New Listing!!

6508 Pontiac, Indian Head Park

Offered at $599,900

SPACIOUS WOODED LOT! 5BR, 2.1 BA HOME ON HUGE LOT WITH MANY RECENT UPDATED. NEWER BATHS AND UPDATED, GOURMET KITCHEN. CONVENIENT TO EXPRESSWAYS AND EXCELLENT SCHOOL DISTRICT. 3 SEASON ROOM IS THE PERFECT PLACE TO RELAX OR ENTERTAIN AND OVERLOOKS THE PATIO AND PARK LIKE YARD. FIRST FLOOR OFFICE AND FIRST FLOOR FAMILY ROOM. DON’T MISS OUT ON THIS ONE!

Click here to see over 100,000 area listings!

Prime Property Partners is excited to announce our new Buyer’s Rebate Program!  Get money back after closing whether the property you purchase is listed by Prime Property Partners or by another company when we are your Exclusive Buyer Representatives.  See example below:

*Based on a 2.5% Co-op Commision

For more information on our Buyer’s Rebate Program and our other Buyer Services click here.  Or contact one of our Agents for complete details and eligibility at 708.354.7355 or GreatInfo@PrimeAnytime.com.

*Co-op Commission may vary.

SOLD

725 Community, La Grange Park

$412,000

Impressive Solid Brick 3 Bedroom,2 1/2 ba home with many updates! Gorgeous, newly redone hardwoods floors on both levels, newly painted, spacious living room with beautiful woodburning fireplace w/marble surround, huge dining room w/crown moldings. Kitchen w/separate brkfst rm. Enjoy the veranda that overlooks a nice sized back yard.Brick 2 1/2 car gar. Updated mechanicals, brand new air conditioning unit!

Just another property successfully marketed and closed by Dean Rouso of Prime Property Partners!

To search over 135,000 other Chicagoland listings click here.

Prime Property Partners officially opened its doors to the public on Friday, Aug. 24, 2007. Launched by veteran REALTOR^® Dean Rouso, ABR, GRI, CRS and Certified Negotiator, Prime Property Partners’ unique and progressive consumer-based approach toward buying and selling real estate makes it the only firm of its kind in the western suburbs. It is also the first new real estate company to debut in La Grange in 10 years.  With such an exciting new concept, it’s no surprise that Prime Property Partners is catching people’s attention. 

Click here to read more about this exciting new company and view all of our current press releases.