Who will save Fannie and Freddie? - 08/20/08 08:56 PM
Can Fannie and Freddie Survive?
“Washington-based Fannie Mae and Freddie Mac, have lost a combined $3.1 billion between April and June,” according to an article in the Chicago Tribune today, August 20, 2008. “The two government-sponsored companies are the largest source of funding for home mortgages in the U.S,” the paper … (0 comments)

Seller Advice - 08/20/08 01:25 PM
Yesterday I was out "on tour." That's where listings are available for agents to see without an appointment.
And, I noticed the following at one of the listings:
1) the lawn was brown and weedy
2) the cement pad at the front door was severely cracked and coming apart
3) there … (1 comments)

Real Estate Trends for 2009 - 08/16/08 06:00 PM
What I see as key real estate trends for 2009
1) Social
A) Increasing numbers of SENIORS. Many will keep on working past their "normal" retirement age as they've lost money in the stock market in the past 8 years.
B) Pent-up demand from first-time buyers as they establish new households.
… (0 comments)

Seller's Mistake Helps Buyer - 08/09/08 07:19 PM
I was out showing Romeoville townhomes this morning. Priced between $160,000 and $200,000. Just off of Weber Road.
The subdivision is newer, under 10 years of age, and there are about 8 units on the market. We've now seen four...and two of the properties are possibilities.
However...one of the units that … (1 comments)

Reverse Mortgages for Seniors over 62 - 08/06/08 03:00 PM
The new "housing" bill has a few interesting things to say about Reverse Mortgages.
These are "mortgages" where the lender pays you while you stay in the house. For many people that's the only way that they can maintain their property as living on a fixed income (social security and perhaps … (1 comments)

Questions to ask your real estate agent - 08/02/08 03:29 PM
Here are some questions that you as a consumer might want to ask the agent that you hire to represent you.
1) How long have you been in the business? I started in real estate back in the pre-historic days. 1976 to be exact. Took a full year of business courses … (1 comments)

My 2008 Real Estate Predictions-Revisited and Revised August 1, 2008 - 08/01/08 09:55 AM
My 2008 Real Estate Predictions-Revisited and Revised August 1, 2008
 
It's hard to write a blog that contains downbeat news. 2007 was just awful for real estate. And, 2008, I believe, will even be worse. Wow! How true.
This housing depression is almost as bad as the depression in the … (9 comments)

 
Real Estate Agent: Eileen Landau, ABR, CRS, e-PRO (Realty Executives, Pro/Team)
Eileen Landau, ABR, CRS, e-PRO
Naperville, IL
More about me…
Realty Executives, Pro/Team

Office Phone: (630) 515-9500
Email Me
An assortment of odds and ends that may or may not pertain to the greatest city in the Midwest: Naperville. Also some commentary on the Naperville real estate market.

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