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The Weekly Welcome
Real Estate with Michael Steber
Michael Steber
October 27, 2025
In partnership with
The Weekly Agenda
Message of the Moment
,
Inflation ticked up again this week, reminding us that even when we’re hoping for a little relief, the economy loves to keep things interesting. With the Federal Reserve eyeing a possible rate cut before year’s end, everyone’s wondering what it’ll mean for mortgage rates and the housing market heading into 2026. In real estate — just like in life — timing, preparation, and perspective matter far more than waiting for perfect conditions.
If your weekend included yelling at the Bears and then wondering what you can actually control, this week’s feature might hit home. We’re talking about how to get ahead if you’re planning to sell your Libertyville-area home in 2026. Spoiler: it’s not about repainting the bathroom this weekend (though points for ambition). It’s about small, smart prep that future-you will thank you for — like tackling those “someday” projects before spring hits and everyone else scrambles for contractors.
I’m grateful every week for the friends, clients, and neighbors who trust me with their real estate needs. If you know someone thinking about making a move next year — whether buying, selling, or just curious about the market — I’d love the chance to take great care of them, too. Most of my business comes from great people referring other great people, and that’s something I never take for granted.
Last but not least, don’t for get to click the sponsor link below. We are very grateful for their support.
See you next week…
~ Michael
Home insurance rates up by 76% in some states
Over the last 6 years, home insurance rates have increased by up to 76% in some states. Between inflation, costlier repairs, and extreme weather, premiums are climbing fast – but that doesn’t mean you have to overpay. Many homeowners are saving hundreds a year by switching providers. Check out Money’s home insurance tool to compare companies and see if you can save.
The Market Report
Lake County real estate continues to favor sellers across the board. Detached homes are commanding strong prices and moving quickly, while attached properties are even swifter to market, often going under contract in just over a month. The luxury segment remains resilient, with high-end homes continuing to attract buyers in less than two months on average. With supply still limited and demand holding steady, the market rewards well-presented homes and strategic positioning.
Residential - Detached
Median Price | Market Time | Months Supply | Market Type |
|---|---|---|---|
$429,000 | 40 | 1.7 | Seller |
Residential - Attached
Median Price | Market Time | Months Supply | Market Type |
|---|---|---|---|
$288,000 | 34 | 1.3 | Seller |
Luxury
Median Price | Market Time | Months Supply | Market Type |
|---|---|---|---|
$965,000 | 55 | 2.9 | Seller |
The Private List
Coming Soon
pending
Buyer Needs
Wadsworth home with Warren schools. 4 Bed / 3 car garage or room for expansion. Some remodeling okay.
Fixer-Upper Homes in Lake County - no work required; cash investor ready.
If you or someone you know is thinking about a move, The Private List is where we connect buyers and sellers before homes ever hit the market. It’s a simple way to match needs and opportunities early.
The Spotlight
This week’s spotlight shines on Franco Barbagallo with Four Seasons Heating & Air Conditioning. Franco is a trusted local pro who’s helped countless Lake County homeowners keep their homes comfortable and market-ready year-round. Whether it’s a pre-sale tune-up, a mid-winter furnace rescue, or upgrading to a more efficient system, his team at Four Seasons is known for reliability, transparency, and top-notch service — exactly the kind of partner every homeowner and Realtor wants in their corner.
The Weekly Residence
Welcome to 2858 Falling Waters Lane in Lindenhurst — a beautifully maintained end-unit townhome in the sought-after Falling Waters community. With over 2,000 sq ft, this 3-bed, 3-bath home features a bright living room with gas fireplace, open kitchen with island and pantry, a loft perfect for work or play, a primary suite with full bath and walk-in closet, first-floor laundry, private patio and attached two-car garage. Resort-style amenities like a clubhouse, pool, tennis and walking paths round out the lifestyle. Low-maintenance living meets comfort and convenience — only minutes from dining, shopping and commuter access.
The Fall Buyer & Seller Guides just dropped ...And I want you to have it for FREE.
These guides unpack the latest data, forecasts, and strategies you’ll need to make the right move in today’s market. Find out what’s changing, what’s not, and what it all means for you as a buyer or seller this season.
Let’s Connect
How can I help you with your next move? Whether you’re curious about your home’s value, exploring neighborhoods, or just starting to plan, I’d love to sit down and talk through your goals.
You can schedule a one-on-one consultation with me anytime—it’s the first step toward making confident, informed decisions.
Additional Resources:
Starting a career in Real Estate? Schedule a call
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