April 2011 Single Family Market Report for Naperville | Naperville Real Estate - 05/21/11 11:30 PM
 

Naperville is statistically doing well in the real estate market based on these April numbers.  Only 24% of the total number of sales for the month of April were distressed sales, which are fantastic numbers when compared to neighboring communities.
Compared to last year at the same time, when the total distressed sale average in Naperville only made up 12.9% of the market share, it’s true that this number has almost doubled… but when you look at all the other factors such as the economy, job losses, the price of food and fuel, and the health of the real … (3 comments)

Some preservation companies deserve an "F" for job performance! - 05/05/11 12:17 AM
I got a short sale listing from a seller that lived out of state early this year.  He had relocated because of his job, and had rented his home to some college students that stopped paying the bills... and the rent.My seller really is a nice guy, and wanted to make sure that the property was being maintained and was secure because he was not in the area so the bank stepped in early to secure and manage the property.  Right off the bat they changed the locks and I had to wait 3 weeks to gain access to the property … (5 comments)

Housing by the Numbers 2010 - Spotlight on duplexes, condos and townhomes | Plainfield IL Market Reports - 05/02/11 11:58 AM
It's hard to know where we are going if we have no idea where we are coming from.  In order to make sense of the numbers year to year and month by month, we have to have something to compare the health of the real estate economy in Plainfield IL to, and last year, only 199 attached single family properties sold.  In 365 days, that's not a lot of property... but to put in into perspective, Plainfield is mainly comprised of single family homes, so those numbers do not alarm me as much as those figures might suggest. 
What always alarms … (0 comments)