Elgin, Illinois - Currently Available Homes by Price - 05/30/07 05:52 PM

The table below lists all of the currently active single family detached and single family attached homes in Elgin, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
David Spencer, Broker, Instuctor
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… (0 comments)

Itasca, Illinois - Currently Available Homes by Price - 05/29/07 09:36 PM

The table below lists all of the currently active single family detached and single family attached homes in Itasca, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
David Spencer, Broker
My Blog
Website
… (0 comments)

Lombard, Illinois Available Homes Currently for Sale - Market Report by Price - 05/29/07 03:09 PM

The table below lists all of the currently active single family detached and single family attached homes in Lombard, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
David Spencer, Broker, Instructor 
 My Blog
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Is Your Lantern Bright Enough - 05/29/07 10:48 AM
 
Dwight L. Moody (Moody Bible Institute, Chicago) told the story of a blind man in a large city sitting on a street corner with a lantern beside him. A passerby saw him and made the inquiry of why he had a lantern, because it provided no assistance to him. His reply, "So that no one may stumble overme."
Whether you are a religious leader, company executive,real estate broker, coach, political leader, teacher, the message is the same. Let your lantern burn brightly so others won't stumble.
My Blog
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… (1 comments)

West Chicago, Illinois Currently Available Homes on Market by Price - 05/28/07 03:59 PM
The table below lists all of the currently active single family detached and single family attached homes in West Chicago, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
 
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St. Charles, IL Currently Available homes on Market - 05/28/07 03:37 PM

 
The table below lists all of the currently active single family detached and single family attached homes in St. Charles, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
 My Blog
Website 
… (0 comments)

Illinois Association of Realtors Responds to CBS2's Story about Mortgage Fraud and Foreclosures - 05/28/07 03:06 PM
IAR and local boards respond to CBS2's story that blames mortgage brokers and REALTORS for rising foreclosures and mortgage fraud. The May 17 story by anchor Diann Burns quoted researcher David Rose of the National Training and Information Center who warns homebuyers: "The broker, the REALTOR is not your friend." The letter to CBS executives (pdf) emphasized that REALTORS educate consumers about predatory lending and serve the client's best interests in buying or selling a home.
The general public continues to confuse all licensed real estate agents with REALTORS. States do not require a licensee to be a REALTOR. That is … (1 comments)

Memorial Day May 28, 2007 Bloomingdale, Illinois - 05/28/07 02:48 PM
A Memorial Day Remembrance program will begin at 9:30 a.m. at the St. Paul Cemetery on Lake Street. The gathering will honor all veterans with flags, taps and a gun salute. Patriotic music will be performed by the Ensemble of the Spirit of Life chorus.
                           
                          
The St Paul Cemetary contains graves from all North America wars going back to the Civel War. The local Boy Scout Troop will place flowers on the soldier's grave sites.                 
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Glen Ellyn, Illinois - Currently Available Homes for Sale - 05/28/07 01:58 PM

The table below lists all of the currently active single family detached and single family attached homes in Glen Ellyn, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
 My Blog
Website 
… (0 comments)

Schaumburg, IL Currently Available Homes on Market - 05/26/07 05:10 PM

The table below lists all of the currently active single family detached and single family attached homes in Schaumburg, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
 David Spencer, Broker
My Blog 
Website 
… (0 comments)

Carol Stream, IL - Currently Available Homes by Price - 05/24/07 09:27 PM
 
The table below lists all of the currently active single family detached and single family attached homes in Carol Stream, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
 
David Spencer, Broker
My Blog
Website
… (0 comments)

Hanover Park, IL Currently Available Homes on Market by Price Range - 05/22/07 09:49 PM
The table below lists all of the currently active single family detached and single family attached homes in Hanover Park, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
DAvid Spencer, Broker
My Blog
Website
… (0 comments)

Real Estate Transfer Tax Increase in Ilinois Pending in Senate-SB 445 - 05/22/07 09:31 PM
 
Oppose the Real Estate Transfer Tax: SB 445 proposes to increase real estate transfer taxes by nearly $99 million with proceeds marked for affordable housing, open space and natural areas. This is an unnecessary tax increase on homeowners, farms, and businesses. Call your Senator and urge a NO VOTE. … (0 comments)

Glendale Heights, Illinois - Currently Available Homes for Sale - 05/21/07 06:07 PM
 
The table below lists all of the currently active single family detached and single family attached homes in Glendale Heights, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
 
 David Spencer, Broker
My Blog 
Website
 
… (0 comments)

Elmhurst, IL Currently Available homes on Market by Price - 05/21/07 05:05 PM

The table below lists all of the currently active single family detached and single family attached homes in Elmhurst IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
David Spencer, Broker
My Blog
Website
… (0 comments)

Barrington, Barrington Hills, South Barrington, North Barrington, Barrington lakes, IL Available Homes for Sale with Price range - 05/21/07 04:27 PM
 
The table below lists all of the currently active single family detached and single family attached homes in Barrington, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.  
 David Spencer, Broker
My Blog 
Website 
… (0 comments)

Ilinois Real State Sales Data for March, 2007 - 05/21/07 04:15 PM

 Illinois State Capital Building
  
Illinois Median Price Slightly Higher in the First Quarter of 2007; Sales Down 14.2 Percent from a Year Ago
Home prices in Illinois held steady as weather in the first quarter of 2007 dampened sales activity. Total home sales (which include single-family homes and condominiums) totaled 29,390, down 14.2 percent from 34,235 home sales in the first quarter of 2006. The first quarter median home sale price was $197,000, up 0.5 percent from $196,000 a year earlier. The average sale price was $251,375, up 1.9 percent from $246,610 for the same period a year ago.March home sales in Illinois … (0 comments)

Roselle, IL Available Homes on Market by Price and Type - 05/21/07 03:57 PM

The table below lists all of the currently active single family detached and single family attached homes in Roselle, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
 David Spencer, Broker
My Blog 
Website 
… (0 comments)

Chicago, Illinois Investment Real Estate - Multi-Family, Retail, Industrial - 05/21/07 02:18 PM
 
Chicago, Illinois and the Metropolitan area is an excellant location for the small to medium investor ($2,000,000 to $25,000,000) looking for steady return on their investment. It is easy to find undervalued, and value added property selections in Multi-family, Retail, Office and iIdustrial.
This MSA has had steady growth for the past 40 years, and is mostly due to the Metropolitan Chicago area enjoying multiple industrial sectors as opposed to many metropolitan areas that may be confined to just two or three industries. Prices per square foot of improved real estate is below that of similar properties on either coast.
For:   Multi-family … (0 comments)

Bloomingdale, IL Currently Available Homes For Sale - 05/19/07 10:22 AM
 
The table below lists all of the currently active single family detached and single family attached homes in Bloomingdale, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
 David Spencer, Broker Licensed Instructor
My Blog 
Website 
… (1 comments)

What is cost segregation? - 05/18/07 02:49 PM

 
A typical cost segregation study is an analysis that reclassifies components of a building from 27.5, 31.5 and 39-year depreciation to five, seven and 15-year depreciation. The benefit comes from accelerating the depreciation tax deductions, which are more valuable today than 39 years from now.
Building Components that eligible for accelerated DepreciationNon-structural items such as carpets, accent lighting and signage, or exterior items such as paving, sidewalks and landscaping, can be "broken out" from structural costs and depreciated over a shorter period. Many property owners can identify non-structural items that qualify for accelerated depreciation. However, the greatest savings come from identifying assets … (0 comments)

The Elements of a Cost Segregation Study for Recovery of Depreciation - 05/18/07 01:37 PM
 
 PRINCIPAL ELEMENTS OF A QUALITY COST SEGREGATION STUDY
The 13 principal elements of a quality study are:
Preparation By An Individual With Expertise And ExperienceDetailed Description Of The MethodologyUse Of Appropriate DocumentationInterviews Conducted With Appropriate PartiesUse Of A Common NomenclatureUse Of A Standard Numbering SystemExplanation Of The Legal AnalysisDetermination Of Unit Costs And Engineering "Take-Offs"Organization Of Assets Into Lists Or GroupsReconciliation Of Total Allocated Costs To Total Actual CostsExplanation Of The Treatment Of Indirect CostsIdentification And Listing Of Section 1245 PropertyConsideration Of Related Aspects (e.g., IRC § 263A, Change In Accounting Method And Sampling Techniques) My Blog
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Depreciation of Property Using Cost Segregation Studies, an Overview - 05/18/07 01:28 PM
 
 
 
In order to compute depreciation using proper class lives and recovery periods, assets must be assigned to the proper asset classes. Cost segregation studies generally produce listings or groups of assets, based on asset classes under ACRS (Accelerated Cost Recovery System) or MACRS (Modified Accelerated Cost Recovery System).
 
HISTORICAL BACKGROUND - A BRIEF RECAP
Pre-ACRS/ MACRS Depreciation Methods - Prior to 1981 Prior to the enactment of ACRS in 1981, depreciation deductions were generally calculated by applying the appropriate depreciation method to the basis, useful life, and salvage value of the asset. Taxpayers were permitted to use component depreciation, whereby assets were … (0 comments)

Wood Dale, Illinois Available Homes for Sale by Price Range - 05/16/07 12:46 PM

The table below lists all of the currently active single family detached and single family attached homes in Wood Dale, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
 David Spencer, Broker
My Blog 
Website 
… (0 comments)

Illinois House of Representatives Rejects Gross Receipts Tax - 05/16/07 10:43 AM
 
 
The Illinois House of Representatives unanimously rejected proposed Gross Receipts Tax by House resolution on May 10. IAR provided testimony at the House Committee of the Whole hearing on May 9 unveiling a new study that shows the GRT would take a huge bite out of construction employment in Illinois, as slower growth in the state’s economy due to the new levy would cause a projected permanent loss of 13,968 jobs in the sector. IAR believes the dampening effects of the GRT proposal—less construction, lower job creation, and a higher tax burden on real estate investors—will have a negative impact on … (2 comments)

Illinois Housing Activity 1st Quarter 2007 - 05/16/07 10:39 AM
       © Illinois Association of REALTORS
Illinois Housing Statistics
Illinois Median Price Slightly Higher in the First Quarter of 2007; Sales Down 14.2 Percent from a Year Ago
Home prices in Illinois held steady as weather in the first quarter of 2007 dampened sales activity. Total home sales (which include single-family homes and condominiums) totaled 29,390, down 14.2 percent from 34,235 home sales in the first quarter of 2006. The first quarter median home sale price was $197,000, up 0.5 percent from $196,000 a year earlier. The average sale price was $251,375, up 1.9 percent from $246,610 for the same … (0 comments)

1610 Jo Ann, Addison, Illinois 60101 - 05/16/07 10:25 AM

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Visual Tour
 
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Wheaton, IL Currently Available Homes on Market - 05/11/07 04:43 PM

 The table below lists all of the currently active single family detached and single family attached homes in Wheaton, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
 
 David Spencer, Broker
My Blog 
Website
… (0 comments)

St. Charles, IL Currently Available homes on Market - 05/11/07 04:34 PM

 The table below lists all of the currently active single family detached and single family attached homes in St. Charles, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
 David Spencer, Broker
My Blog 
Website 
 
… (0 comments)

Lombard, Illinois Availa ble Homes Currently for Sale - Market Report - 05/11/07 04:25 PM

 The table below lists all of the currently active single family detached and single family attached homes in Lombard, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
   David Spencer, Broker
My Blog 
Website 
… (0 comments)

Schaumburg, IL Currently Available Homes on Market - 05/10/07 04:20 PM

 The table below lists all of the currently active single family detached and single family attached homes in Schaumburg, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements. 
 My Blog
Website 
 
 
 
… (2 comments)

Bartlett, IL Currently Available Homes - 05/09/07 09:11 PM
 
 The table below lists all of the currently active single family detached and single family attached homes in Bartlett, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
 David Spencer, Broker
My Blog 
Website 
… (0 comments)

Glendale Heights, Illinois - Available Properties for Sale - 05/09/07 08:57 PM
 
 
 The table below lists all of the currently active single family detached and single family attached homes in Glendale Heights, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
  
… (0 comments)

Roselle, IL Available Homes on Market - 05/05/07 02:28 PM
 
 
 The table below lists all of the currently active single family detached and single family attached homes in Roselle, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
 
 
… (0 comments)

Wood Dale, IL Currently Available Homes for Sale - 05/04/07 09:04 PM
 The table below lists all of the currently active single family detached and single family attached homes in wood Dale IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
 
  David Spencer, Broker
My Blog 
 Website
 
 
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1160 W Grand Blvd, Romeoville, Illinois 60446 - 05/03/07 07:24 PM
 $267,900

Lots of room for the money. 5 bedrooms 3.1 bsaths, full finished basement, 2 car attached garage. . School Dist. 202 near shopping and close to I-55. Seller will buy down Buyer's interest rate.
Contact: David Spencer, da-spencer@att.net
My Blog 
Website 
… (5 comments)

Bloomingdale, IL - Currently Available Homes by Price - 05/03/07 11:48 AM
 The table below lists all of the currently active single family detached and single family attached homes in Bloomingdale, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.
… (0 comments)

Hoffman Estates, IL - Presently Available Homes by Price andTime on Market - 05/01/07 08:48 PM
 The table below lists all of the currently active single family detached and single family attached homes in Hoffman Estates, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices.
For detailed information on a property type within a price range, contact me with physical characteristic requirements.
David Spence, Broker
My Blog
Website
… (0 comments)

 
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David Spencer Chicago Area Commercial-Residential R.E.

Bloomingdale, IL

More about me…

Keller Williams Team Realty

Address: 800 E Northwest Highway, Suite 200, Palatine, IL, 60074

Office Phone: (847) 241-2200

Cell Phone: (630) 750-4255

Email Me

Real estate topics on better business performance, education, advanced techniques for selling/buying residential, commercial and investment real estate; 1031 tax deferred exchange, licensing; anecdotes and stories to ponder.


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