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ofallonil ofallon il: RE/MAX Preferred (O'Fallon IL Location) Used Electronics drive - 08/21/10 01:27 PM
THANK YOU O'FALLON! The first load of used electronics is now on its way to being recycled. Thank you to everyone who dropped off their old equipment...am pretty sure I saw a Commodore 64 in the pile. We will start collecting for our next drop starting October 1st. Click here for more info. Our next event will be a canned food drive for the O'Fallon Food Pantry. You can drop off items at the RE/MAX Balloon September 11th 5:30-7:30pm at the Parcs at Arbor Green or at the display. Hope to see you there!
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ofallonil ofallon il: Fantastic Ranch for sale in O'Fallon IL (and tax credit close extension) - 07/01/10 05:53 PM
Tax credit extension passes Congress: U.S. homebuyers who are eligible for a Homebuyer Tax Credit now have until Sept. 30 to close the transaction and receive the credit. Congress has extended the closing deadline, which had been June 30, by an additional three months. President Barack Obama is expected to sign the legislation soon. The action affects an estimated 180,000 homebuyers who, because of circumstances beyond their control, had been unable to close on their purchase by the original deadline. Short Sale and REO transactions are holding up many of these closings. Qualified first-time buyers can receive a credit of 10
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ofallonil ofallon il: FSC....WHAT is that? - 02/25/10 01:32 PM
An excellent way to recognize sustainably harvested Hardwood or Bamboo is to look for the FSC Certified label. FSC is an acronym for "Forest Stewardship Council," which was established in 1993 to change destructive logging practices as an effort to protect the earth's natural habitat and prevent deforestation. The Forest Stewardship Council represents the world's strongest system for setting Forest Management standards ranging from legal issues, regional scenarios, and environmental impacts surrounding forest management. Their mission is to promote "environmentally appropriate, socially beneficial and economically viable forest management." To simplify, think of it this way - with FSC
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ofallonil ofallon il: April 2009 Market update for O'Fallon IL - 05/05/09 01:04 PM
O'Fallon IL currently has 271 homes for sale in a wide variety of price ranges and locations. Inventory is high, prices are reasonable and interest rates are still holding around 5% so now is a fantastic time to buy. Throw in the $8,000 first time home buyer tax credit and things look good. April turned out to be a very strong month (all things considered) with a total of 26 homes closing, this compares to 23 homes last month. Of the 26, 22 were Re-Sale homes with an average sales price of $156,573 and average days on the market of 110.
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ofallonil ofallon il: Stimulus Money in the Metro East - 05/01/09 06:13 AM
Stimulus money headed this way! The Metro East will be receiving more money from the American Recovery and Reinvestment Act. The bulk of this new money will be used for water control and flood prevention. This leads us to what O'Fallon is considering regarding drainage improvements for storm water. Under the proposed plan residents will pay a flat fee bases on the size of the area they occupy. Not a bad idea at about $4.00 a month. The other side of this is that the retailers (auto dealers, box stores) could be hit very hard as they cover substantially more ground than your
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ofallonil ofallon il: "Making Home Affordable" - 04/16/09 08:50 AM
In March the guidelines were released that explained in detail what President Obama's initiative means to folks who need the assistance. This program is designed to help homeowners stay in their home through refinancing or loan modifications as opposed to being forced into a short sale situation or worse...foreclosure. How to qualify: You need to owe between 80%-105% of your mortgage. Your loan must be backed by Freddie Mac or Fannie Mae, many people have no idea. If you don't you can 1-800-7FANNIE or 1-800-FREDDIE to find out. You must have a conforming loan. This can mean different
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ofallonil ofallon il: Taxes too high? How to combat it! - 04/06/09 02:25 PM
Got your attention? Much has been written and discussed about this issue. For that reason I shall keep this short and sweet. As most of you know property/Real Estate taxes in O'Fallon IL (actually all of St. Clair County IL) are a bit convoluted. We constantly get email and phone calls with questions requesting assistance in appealing property taxes. So let's take a look first at why/if you might have a legitimate appeal. Below are the two most common issues we have been seeing. •1.) Is the assessor's value higher than the actual market value of your home? Or, does the
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ofallonil ofallon il: O'Fallon IL First Quarter 2009 Real Estate Market Report - 04/01/09 05:50 PM
First quarter Real Estate Market Conditions Update for O'Fallon IL 2009. 50 homes closed in the first quarter of 2009 in O'Fallon IL. Of these 41 were pre-owned or re-sale homes and 9 of them were new construction. Re-sale (41) homes averaged a $159,468 sales price and were on the market an average of 122 days. New Construction (9) homes had an average sales price of $239,412 and were on the market an average of 153 days. A look back over the last 4 years paints the picture: The good news: There is a fantastic inventory (266) of
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ofallonil ofallon il: O'Fallon IL, the year in Real Estate so far... - 03/17/09 02:01 PM
The new housing numbers are due out shortly so we thought this might be a good time to look at things on a more local level. Jan. 1, 2009-March 17, 2009. These are RE-SALE HOMES ONLY. So far this year (2009) 38 homes have sold with an average market time of 131 days. The most active price range is $200,000-$249,000 with an average market time of 118 days and 6 homes sold. ________________________________________________________________________________________ For the same time period last year (2008) 52 homes had sold. The average market time was 129 days. The most active price range was $180,000-$199,900 with
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ofallonil ofallon il: O'Fallon IL, the year so far in Real Estate... - 03/17/09 01:59 PM
The new housing numbers are due out shortly so we thought this might be a good time to look at things on a more local level. Jan. 1, 2009-March 17, 2009. These are RE-SALE HOMES ONLY. So far this year (2009) 38 homes have sold with an average market time of 131 days. The most active price range is $200,000-$249,000 with an average market time of 118 days and 6 homes sold. ________________________________________________________________________________________ For the same time period last year (2008) 52 homes had sold. The average market time was 129 days. The most active price range was $180,000-$199,900 with
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ofallonil ofallon il: Thornbury Hill 2008 & first 2 months of 2009 Market Update O'Fallon IL - 03/05/09 02:16 PM
Hello! This update includes both Thronbury Hill and the Manors at Thornbury Hill. Keep in mind this data was pulled directly from the MLS. If Fulford sells a home without agent involvement it does not show up in our system. In 2008: 12 Homes closed in Thornbury. Given the current state of the market this is very good activity. Of the 12: 11 were Re-sale homes with an average sales price of $291,707 and average days on market of 84. 1 was new construction; it sold for $330,886 and was on the market for 371 days. Compared to other areas
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ofallonil ofallon il: Room to roam! - 02/26/09 01:04 PM
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ofallonil ofallon il: February Market Conditions for Windermire Ridge O'Fallon IL - 02/26/09 12:22 PM
Hello! So... not much change from 30 days ago. There are now 5 (there were 3) homes for sale in Windermire Ridge. And nothing has closed (yet) this year. Of the five homes for sale the average price is $334,820 and the average days on the market is 128. If you are interested in the February 2009 Market Conditions Report for O'Fallon IL it can be found here. Interest rates remain low and inventory is high so the time is still right to be shopping for a house. Additional info on the First Time Home buyer Tax
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ofallonil ofallon il: February Market Conditions Update for O'Fallon IL - 02/25/09 09:59 AM
Your Market update for February 2009. Activity is increasing from January!Right now O'Fallon IL has a fantastic selection of homes in a wide variety of price ranges. As of today (Feb. 25th 2009 there are 240 homes for sale in the 62269 zip code. Interest rates are still low and the first time home buyer $8,000 tax credit make this an excellent time to be shopping for a new home.______________________________________________ TOTAL HOMES FOR SALE= 240 (slightly up) Of the 240 on the market: NEW CONSTRUCTION = 35. Average price $238,435 (down from $242,404) And average Days on Market
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David Holden Broker/Owner RE/MAX Preferred
O Fallon,
IL
More about me
RE/MAX Preferred ABR, CDPE,GREEN,GRI,SFR
Address: 1668 Windham Way, O'Fallon, IL, 62269
Office Phone: (618) 531-4887
Cell Phone: (618) 531-4887
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