The residents of Beverly, Morgan Park, Mt Greenwood and some surrounding suburban areas have survived the Real Estate disaster better than they think. The homes above are just a sample of the beautiful homes that we enjoy living within and looking at every single day! In Beverly and Morgan Park we have had strong home sales and even bench mark closings in the last 9 months that have proven that the quality, unique and historic nature of our home stock as well as the strength and support of the people and communities will continue to prevail even in the most difficult times.
Where there have been sporadic, foreclosures or board ups, in our areas, they have not drastically effected the value of the nearby homes for sale. These are the homes that have been well maintained through the years and are priced accordingly. Buyers in this market know the difference. They are willing to pay a little more in a good solid neighborhood, with great schools, parks, neighbors and access to transportation. They know this is still a solid investment. They would rather purchase and live here then get a "great deal" in a transitioning suburb or neighborhood full of foreclosures, not knowing if and or when that "great deal" will ever pay off.
We have also had new business's enter the market and they have found support and success. If that is not enough to convince people that the Beverly and Morgan Park areas and nearby communities such as Mt. Greenwood are here to stay then nothing will!
So, I make these comments in a cautionary way. I suggest that we need to go out and support our local business's even more. We do not want them to go the way of a few retailers that have recently closed...The World Music Company and Beverly Flower Shop - Beverly, The Jungle Gym in West Beverly, Sonoma Cafe and Coffee Shop and Baja Sol Tortilla Grill - Evergreen Park and Corrigan's Bar and Grill in Mt Greenwood, to mention a few. Our hearts go out to the owners and employees that were dependent on these business's for their livelihood. We wish them success in their next endeavor.
I hope I do not have to add more names to this list in the near future. Please spend your money and do ALL OF YOUR SHOPPING and DINING with LOCAL INDEPENDENT MERCHANTS and RESTAURANTS. Let your friends and relatives know about your plan and encourage them to do the same. This fits in with the spirit of the neighborhood and economy, will make everyone involved happy, make the neighborhood more prosperous and the gift or experience will have even more significance.
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