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Real estate trends revealed by declining condo prices - 01/31/07 12:42 PM
Hello All The main question on most people's minds is when will the real estate market turn around? What is a good indicator to keep your eyes on? The National Association of Realtors (NAR) tracks the sales of single family homes and condos. As a general rule, condos will usually give you an early indicator of which way a market is going. There are a couple of reasons for this. Condos are subject to less change and variation through improvements (no added rooms or different lot sizes etc) and as a result the ability for exact comparable matches is plentiful. In a slower (1 comments)
Five States Represent 66 Percent Of Foreclosure Activity - 01/31/07 12:37 PM
Reported this week based on estimates that U.S. home foreclosures are on the rise. Foreclosures represent a growing opportunity for investors and first-time home buyers looking to enter specific markets. Foreclosure activity in September 2006 showed an estimated 103,000 properties entering some stage of the foreclosure process during the 30-day period. Five states -- Florida, California, Michigan, Texas and Colorado -- accounted for an estimated 66 percent of September's foreclosure filing action.September figures, along with figures from July and August, show one new property entering some stage of the foreclosure process for every 1,122 U.S. households, up 14 percent compared to (2 comments)
Hopeful Glimmers in the Housing Slump - 01/31/07 12:35 PM
Sure, prices fell. But look at the big picture: The market is adjusting to reality and some of the news is better than expected. If you're a homeowner, the recent movement of home prices is as sickening to watch as a mountaineer falling off a cliff. As recently as a year ago, prices of existing homes were rising an amazing 15 percent a year. But the rate of increase has been going down, down, down. In August, the year-over-year change went below zero for the first time since 1995. The National Association of Realtors announced Sept. 25 that the median price nationally (0 comments)
Real Estate Trends for 2007 - 01/31/07 12:31 PM
Real Estate Trends For 2007 The national and local real estate markets are made up primarily of five sectors, Residential, Retail, Industrial, Commercial and Investment, which all overlap on their fringes. While it should be noted that national trends can differ drastically from local trends, and that there are economic influences such as interest rates that affect all markets, overall, all sectors are currently healthy and will be getting healthier through 2007. Now let me tell you why, sector by sector. Residential: The news you've been reading over the past year is either grossly overstated or just plain wrong. There has (1 comments)
Near Naperville & Naperville Hospitals - 01/23/07 01:44 PM
Local Hospitals 1 Edward Hospital (Edward Health Services Corporation) - 801 S. Washington Naperville, IL 60540 |1.630. 527.-3000 2 Central Dupage Health - Winfield, Illinois 25 North Winfield Rd. Winfield, IL 60190 | 1.630.933.1600 4 Rush-Copley Medical Center -Aurora | 2000 Ogden Ave, 60504 | 1.630. 978.6200 5 Provena Mercy Center - Aurora, Illinois | 1325 N. Highland Ave. | 630-859-2222 6 Good Samaritan Hospital - 3815 Highland Avenue | Downers Grove | 630.275.5900 7 Evanston Northwestern Healthcare - Evanston, Illinois | 1.847.570.2000 8 Lutheran General Hospital - Park Ridge , Illinois | 1.847.723.2210 9 Children's Memorial Hospital - Chicago, Illinois | 1.800.kids.doc (0 comments)
Inspection Home $275-400 Highly Recommended Radon $150-200 Pest $85-125 Mold $150 per floor Attorney: $300-600 Transfer Stamps: (where applicable) Naperville buyers pay $3.00 per 1000. Other towns please ask if the buyer or the sellers pays-varies. One year paid homeowners insurance $600-$1200 Lender expenses: Lender will give buyer good faith estimate upon pre-approval. Fees usually rolled into mortgage. Loan: Principal, interest, tax escrow Appraisal Title insurance Credit report ect... Realtor Fee! NONE! I get paid by the Seller! To represent you! My job is to get you the best deal, NOT the seller!
10 TIPS TO SUCCESSFULL HOME BUYING - 01/17/07 04:01 PM
DANS TOP 10 TIPS TO SUCCESSFULL HOME BUYING Tip #1: Get Pre-Approved 1st!!!! There is nothing more frustrating in real estate then finding a client a home they really want and finding out their pre-approval was not done correctly or their not pre-approved at all. Agents representing sellers will recommend 99.9% of the time not to accept offers without solid pre-approvals. Pre-approvals also keep us focused on homes that fit your financial profile.
Tip #2: Work with ONE agent......ME!!!! Working with one agent will get you quicker results; your agent will be completely dedicated to you if your dedicated to them. If your calling more (0 comments)
State of the City Address - January 22, 2007 - 01/17/07 03:58 PM
Holiday Inn Select, 1801 N. Naper Boulevard 11:30 AM - 1:30 PM Mayor George Pradel will highlight the year's accomplishments and outline the city's objectives for 2007 in the annual State of the City Address. Registration will begin at 11:30 a.m. with lunch being served at noon. The mayor's presentation will begin at 12:30 p.m. Cost for the luncheon is $25 for Chamber members and $35 for non-members. Pre-registration is required. For more information or to make reservations, please call(630) 355-4141 (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.