Naperville Illinois Real Estate Blog

Aurora Illinois Short Sales ~ Another Short Sale Success Story...

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 18 Nov 2009 11:15:02 -0600

Aurora Illinois Short Sales ~ Another Short Sale Success Story...

Today I am reminded of why I love to sell short sales!

Yesterday my short sale listing in Aurora Illinois closed. It was so rewarding to hear the words of gratitude from the seller. It was rewarding to know that I just helped another person get out of a stressful situation.

This was the quickest short sale closing that I have had to date. I listed the house on September 1, 2009, the seller accepted a contract on October 6, 2009 and it closed November 17, 2009. List to close 78 days.

But I am not taking all the credit, everyone involved worked together as a team. We had an awesome short sale negotiator with Wells Fargo, that was quick to respond and easy to work with. The seller was quick to get all the documents together that he needed and the attorney's office was in constant communication with the lender.

Another successful Short Sale closing!

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Maria Mastrolonardo is a Realtor Associate with RE/MAX of Naperville and has been assisting home-buyers and home-sellers since 1997. Maria can be reached at (630) 248-6077 or email: mmastrolonardo@wowway.com

Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

FHA 203K - Helps Home Buyers take Advantage of Well-Priced Properties...

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 04 Nov 2009 15:06:32 -0600

Usually on a daily basis I see new bank owned listings appear on the MLS for Naperville and the surrounding areas. This allows for great deals to be had for many savvy Naperville home buyers.

Bank owned properties can be a hit or miss. Some properties only need cosmetic repair - paint and cleaning, some are in move in condition and then there are the ones that have been damaged to the point that - the furnace is missing, the kitchen is gone, and most recently (I thought I had seen it all) the brick paver patio gone. But don't let me scare you, it can still be a great deal.

One problem with buying a bank owned property - is that many home buyers have turned to FHA financing. FHA financing makes home buying affordable because home buyers can buy with as little as 3.5% down, but the home needs to pass certain FHA guidelines and more times than not - bank owned properties do not pass because of the condition.

So what is a home buyer to do? Here comes FHA 203K to the rescue. FHA 203K - a renovation loan, is not a new kid on the block. The first version was introduced in 1978 for single-family home renovations. Then in 2005, the 203K Streamline was introduced - a simplier version with less documentation and lower loan fees for renovations not to exceed $35,000. When working with the right contractor, a lot of work can be completed for $35,000.

The first step for the home buyer is finding an experience FHA-approved 203K loan officer to guide you through the renovation process, plus having a Realtor that understands the 203K loan program.

Home buyers benefit from the 203K by getting a great deal, instant equity, all costs included in one manageable mortgage payment and a renovated home. A total win-win.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Showing Professional Courtesy ~ a Two-Way Street....

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Fri, 09 Oct 2009 17:15:01 -0500

It all started Wednesday evening when I received a call from a prospective tenant that wanted to see my rental listing in Naperville. After going through a few days and times that would work for both of us, we decided to meet today, Friday at noon. Before hanging up I said as I always do, "if anything comes up from now until Friday please let me know, if not I will see you at noon on Friday". The person said "OK".

I arrived at the property a few minutes early. I went inside turned on all the lights, went around to make sure that everything was presentable and before I realized it was 12:15 - no prospective tenant. Since I always like to give people the benefit of the doubt, I thought - it's raining, traffic, she's just running late.

I gave her a call to see if she was on her way and she said, "I had no way of reaching you (but wait - didn't you call me to see the property?) to let you know that I was running late","I should be there between 12:35-12:45". OK, fine - I could wait a few more minutes. I returned a couple of calls, sent a few emails and now it was 12:55 and I had a 1:15 appointment, so I had to leave.

On the way to my appointment, I made a few calls and noticed that I had a voice mail waiting when I hung up. Well it was the prospective tenant telling me that she could see that I had left (@1:05), that I was inconsiderate for not letting her know, that I was unprofessional, that she was very inconvenienced and now I was avoiding her calls.

Wait - what? Did I not just wait 55 minutes? Did I not give her a courtesy call? Avoiding her calls?, I was on the phone. But yet I am the one that is unprofessional?

I pride myself in being professional with all my clients, all voice mails, emails are returned before the end of the day and I am always updating my clients on the status of the transaction. So when someone that doesn't know me, calls me unprofessional it doesn't bother me but we all need to remember that being courteous is a two way street and everyone's time is valuable - not just our own.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Who Qualifies for the $8000 Tax Credit?

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 30 Sep 2009 12:48:02 -0500

I believe buyers still have many questions regarding the first-time homebuyer's tax credit.

Real estate professionals in the following video give an explanation of the tax credit. Keep in mind that the November 30th deadline is fast approaching.

Naperville Home Buyers ~ Who Qualifies for the $8000 Tax Credit?

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Short Sale Success in Plainfield, IL ~ Short Sales Do Close!!

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Fri, 04 Sep 2009 13:21:33 -0500

On Aug 31, my short sale listing in Plainfield IL closed. What seemed to be a long process with many hurdles finally came to an end. In this case, the process took a bit longer because there was a private mortgage insurance company that also needed to approve the short sale. In addition, the bank's negotiator was somewhat unorganized -- let an approval letter and BPO expire -- not good.

The seller owed $260,000, and the short sale was approved for $190,000. It took 120 days from receipt of contract to close.

The success also came from everyone being patient and working together. The buyer's agent was very understanding and great to work with, the buyers were extremely patient -- even had a wedding in between -- the attorneys were the glue that held everything together.

Yes, short sales are a lot of work but in the end, are very rewarding -- with one less foreclosure on the market and to hear the grateful words of seller -- out weighs all the work.

More posts on Short Sales:

Fannie Mae Guidelines favor Short Sales

Short Sale - Do you Qualify?

Short Sales...Not for the Impatient.

Buyers/Buyer's Agents ~ Don't be scared off by Short Sales....

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Beautiful Short Sale ~ 1981 Westridge Pl, Aurora, IL

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 02 Sep 2009 11:52:06 -0500

Links

Photo Gallery

LIVING ROOM	DINING ROOM	KITCHEN
FAMILY ROOM	MASTER BEDROOM	SECOND BEDROOM
THIRD BEDROOM	FOYER FROM ABOVE

Description

BRIGHT*OPEN*TWO STORY FOYER WELCOMES YOU TO THIS BEAUTIFULLY DECORATED HOME THAT IS LOADED WITH UPGRADES*9' FIRST FLOOR CEILINGS*HARDWOODS FLRS IN FOYER,KITCHEN AND FAMILY RM*LG KITCHEN INCLUDES AN ABUNDANCE OF MAPLE CABINETS AND CENTER ISLAND*SPACIOUS MASTER BEDROOM W/DELUXE MASTER BATH*PRIVATE LG YARD LOCATED NEXT TO WALKING PATH*FULL BASEMENT W/ROUGH-IN FOR BATH*NOTHING TO DO BUT MOVE IN*SHORT SALE.

Features

Bedrooms:	3
Bathrooms:	2.1
Year Built:	2004
Subdivision:	Oakhurst Meadows
Lot Size:	65X115
Garage Size:	2 Car
School District:	131
Square Footage:	1876
Agent Name:	Maria Mastrolonardo
Broker:	RE/MAX of Naperville
MLS #:	07313470

Location

1981 Westridge Pl Aurora IL 60504

vFlyer Id: 2773191

Tips for First-Time Homebuyers: (Step Two)

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Fri, 28 Aug 2009 11:38:54 -0500

Now that you have read Tips for First-Time Homebuyers: (Step One) -- you know your housing budget --have a pre-approval letter from your mortgage professional -- it's time for your home search - right?

But where do you start?

1. Do research online and find out how much your money gets in different cities -- as an example, the city of Naperville is comprised of four different zip codes, with a variation of average home sale price for each zip code.

2. What is your lifestyle? Do you prefer City or Suburbs? How far are you willing to commute to work? What forms of transportation will you need?

3. Learn about different neighborhoods and home styles that fit your lifestyle.

4. Browse listings -- knowing what is out there will help target your search.

5. As soon as you know your target area and are searching seriously, hire a Realtor. A Realtor can give you the in's and out's of an area, help you find the home that matches your needs and research the current market value to make sure you are not overpaying for that home.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Tips for First-Time Homebuyers: (Step One)

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Fri, 10 Jul 2009 09:44:24 -0500

Are you tired of throwing your money away on rent? Thinking of buying your first home?

Taking that first step toward home ownership is always the hardest one. But having a plan, a road map to follow, will make that first step much easier.

"Action without planning is the cause of all failure. Action with planning is the cause of all success." - Brian Tracy

Step 1 -

Here are some questions you might first ask yourself:

Can I afford it? The worst thing you can do is to get into a situation where you become house poor. Living a lifestyle with an affordable house payment gives you the freedom to enjoy your life and not worry about making your payment each month. Using a financial worksheet will help you determine how much you can comfortably afford to spend on a home.

Do I have enough money saved? There are costs involved when purchasing a home and knowing what those costs are will help when budgeting for a home purchase. Costs may include; loan application fee, inspection fee, closing costs and down payment. It's best to talk to a mortgage professional who will go over costs with you and will work out a plan that best fits your needs.

Do I have a stable work life? Lenders like to see employment stability. A steady income and a solid career record in the same field, will give lenders reassurance that you have the ability to meet your monthly obligations.

Answering these questions and knowing where you are financially will put you on the right road that will lead to a successful home purchase.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Naperville 60565 Real Estate Market Report ~ May 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Tue, 30 Jun 2009 20:31:49 -0500

Market Report for Naperville 60565

In May 2009 there were 17 Detached Single Family Homes that sold in Naperville 60565, an increase of 4 units compared to April 2009.

The Average sale price of the 17 that sold was $343,141.

In May 2008, 14 units sold with an Average sale price of $367,564.

The Average price per square foot in May 2009 for the homes that sold in the 375,000-625,000 range was $148 per sf.

The Average days on the market for homes that sold in Naperville 60565 was 111 compared to 65 days in May 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60565.

Naperville 60565 - Closed Sales

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Naperville 60565 - Average Sold Price

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Naperville 60565 - Average Sold Days on the Market

Naperville 60565 Real Estate Market Report ~ April 2009

Search Available Homes in Naperville 60565

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Naperville 60564 Real Estate Market Report ~ May 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Tue, 30 Jun 2009 20:13:19 -0500

Market Report for Naperville 60564

In May 2009 there were 32 Detached Single Family Homes that sold in Naperville 60564, an decrease of 2 units compared to April 2009.

Of the 32 that sold; the Average sale price was $486,450.

In May 2008, 47 units sold with an Average sale price of $469,479.

The Average price per square foot in May 2009 for the homes that sold in the 375,000-625,000 range was $148 per sf.

The Average days on the market for the homes that sold in Naperville 60564 was 96 compared to 89 days in May 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60564.

Naperville 60564 - Closed Sales

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Naperville 60564 - Average Sold Price

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Naperville 60564 - Average Sold Days on the Market

Naperville 60564 Real Estate Market Report ~ April 2009

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

Search Available Homes in Naperville 60564

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Naperville 60563 Real Estate Market Report ~ May 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Tue, 30 Jun 2009 19:55:27 -0500

Market Report for Naperville 60563

In May 2009 there were 7 Detached Single Family Homes that sold in Naperville 60563, a decrease of 5 units compared to April 2009.

Of the 7 that sold; the Average sale price was $439,429.

In May 2008, 18 units sold with an Average sale price of $395,447.

The Average price per square foot in May 2009 for the homes that sold in the 375,000-625,000 range was $157 per sf.

The Average days on the market for the homes that sold in Naperville 60563 was 100 compared to 61 days in May 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60563.

Naperville 60563 - Closed Sales

Naperville 60563 - Average Sold Price

Naperville 60563 - Average Sold Days on the Market

Naperville 60563 Real Estate Market Report ~ April 2009

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

Search Homes Available in Naperville 60563

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Naperville 60540 Real Estate Market Report ~ May 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Tue, 30 Jun 2009 19:36:04 -0500

Market Report for Naperville 60540

In May 2009 there were 33 Detached Single Family Homes that sold in Naperville 60540, an increase of 17 units compared to April 2009.

Of the 33 that sold; the Average sale price was $445,394.

In May 2008, 24 units sold with an Average sale price of $400,988.

The Average price per square foot in May 2009 for the homes that sold in the 375,000-625,000 range was $157 per sf.

The Average days on the market for the homes that sold in Naperville 60540 was 103 compared to 96 days in May 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60540.

Naperville 60540 - Closed Sales

Naperville 60540 - Average Sold Price

Naperville 60540 - Average Days on Market

Naperville 60540 Market Report April 2009

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

2009 Naperville Fireworks and Surrounding Area Festivities!

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Mon, 29 Jun 2009 15:29:40 -0500

The Naperville Ribfest is how Naperville kicks-off the summer, the first of many summer festivities.

Here is a list of Fourth of July festivities that I found for Naperville and surrounding areas. As you can see some towns have their fireworks on July 3rd, not July 4th.

Festivals and Fireworks:

Lisle: Lisle Eyes to the Skies Hot Air Balloon Festival July 2-4

Naperville: The fireworks show is at 9:30 pm on July 4.

Warrenville: The celebration at Cerny Park runs from 5 to 10 pm, with fireworks at the end of the festivities on July 3.

Aurora: The fireworks at Aurora Central Catholic High School begin at 9:30 pm on July 4. There will be family activities for before the show.

Downers Grove: Independence Day Ceremony is at 9:30 at Downers Grove Museum. The parade kicks off at 12:30 pm in Main Street. Fireworks are a 9:00 pm at Lemont Road and 75^th "Street in Downers Grove on July 4.

Glen Ellyn: The fun at Lake Ellyn Park begins at 1:30 with family fun, food, carnival and music by "1969." The fireworks begin at dusk on July 4.

North Aurora: The fireworks show is at dusk at Aurora Towne Center on July 4.

Wheaton: The 2009 parade is the conclusion of Wheaton's yearlong 150^thanniversary celebration, themed "Celebrating Tomorrow." The parade begins at 10 am at Hawthorne and Main Street and travels south. The fireworks show begins at dusk at the DuPage County fairground on Manchester Road east of County Farm Road. The fairgrounds open at 6:30 pm. Arrive early as parking fills up quickly on July 4.

Have a happy and safe Fourth of July celebration!

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

$8,000 FIRST TIME BUYER TAX CREDIT - CHECK RECEIVED !!!!

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 03 Jun 2009 17:05:40 -0500

Naperville home-buyers - this is a great post from Sheldon Neal of NJ, that shows proof regarding the $8000.00 tax credit. Now is the time to take advantage of this tax credit, this opportunity ends Dec 1st.

Via Sheldon Neal -- That British Agent -- (Bergen County, NJ - RE/MAX Real Estate Limited):

This is an actual check from one of my First Time Buyers who bought a home last month, and immediately filed his 2008 tax return - which he had already filed an extension for - and this week received the above check !

... before his home purchase, his return was going to give him a refund of approximately $4,000 !!!! ... as you can see, he qualified for the tax credit, and received $8,000 additional dollars from the government for buying his home.

@@@ FOR FURTHER INFORMATION - BE SURE TO CONSULT YOUR ACCOUNTANT TO SEE IF YOU CAN RECEIVE THIS YOURSELF @@@

Per the IRS.gov website, you may qualify to receive this credit if you meet the following qualifications:

"... qualifying taxpayers who buy a home before Dec. 1, 2009, can claim the credit on either their 2008 or 2009 tax returns. They do not have to repay the credit, provided the home remains their main home for 36 months after the purchase date. They can claim 10 percent of the purchase price up to $8,000, or $4,000 for married individuals filing separately.

The amount of the credit begins to phase out for taxpayers whose adjusted gross income is more than $75,000, or $150,000 for joint filers.

For purposes of the credit, you are considered to be a first-time homebuyer if you, and your spouse if you are married, did not own any other main home during the three-year period ending on the date of purchase."

The credit itself:

Applies to purchases that close after April 8, 2008, and before Dec. 1, 2009.

Applies only to homes used as a taxpayer's principal residence.

Reduces a taxpayer's tax bill or increases his or her refund, dollar for dollar.

Is fully refundable, meaning the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax owed.

So if you were considering buying a home this year - be sure to talk to your accountant as you may also qualify to get $8,000 extra dollars for buying your first home !

ALSO: Be sure to check out a post from respected Loan Officer Jeff Belonger explaining how you may be able to receive an 'up front loan' for this credit to use towards closing costs or additional downpayment over your mandatory 3.5% payment on your FHA loan !

@@@PLEASE NOTE: ALL INFORMATION ABOVE DEEMED RELIABLE PER THE IRS.GOV WEBSITE, HOWEVER IS SUBJECT TO CHANGE AT ANY POINT ON ANY DAY ! - CONSULT YOUR TAX ACCOUNTANT BEFORE EXPECTING ANY PORTION OF THIS CREDIT.

@@@@ UPDATED: BELOW IS THE FORM NEEDED TO FILE FOR THIS CREDIT IF YOU QUALIFY - YOUR ACCOUNTANT SHOULD HAVE IT AND WALK YOU THOUGH IT ! GOOD LUCK !

Naperville 60565 Real Estate Market Report ~ April 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Thu, 28 May 2009 16:51:44 -0500

Market Report for Naperville 60565

In April 2009 there were 13 Detached Single Family Homes that sold in Naperville 60565, an increase of 4 units compared to March 2009.

The Average sale price of the 13 that sold was $378,262.

In April 2008, 14 units sold with an Average sale price of $390,236.

The Average price per square foot in April 2009 for the homes that sold in the 375,000-625,000 range was $145 per sf.

The Average days on the market for homes that sold in Naperville 60565 was 111 compared to 34 days in April 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60565.

Naperville 60565 - Closed Sales

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Naperville 60565 - Average Sold Price

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Naperville 60565 - Average Sold Days on the Market

Search Available Homes in Naperville 60565

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Naperville 60564 Real Estate Market Report ~ April 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Thu, 28 May 2009 16:12:52 -0500

Market Report for Naperville 60564

In April 2009 there were 34 Detached Single Family Homes that sold in Naperville 60564, an increase of 5 units compared to March 2009.

Of the 34 that sold; the Average sale price was $480,191.

In April 2008, 48 units sold with an Average sale price of $493,201.

The Average price per square foot in April 2009 for the homes that sold in the 375,000-625,000 range was $151 per sf.

The Average days on the market for the homes that sold in Naperville 60564 was 94 compared to 84 days in April 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60564.

Naperville 60564 - Closed Sales

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Naperville 60564 - Average Sold Price

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Naperville 60564 - Average Sold Days on the Market

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

Search Available Homes in Naperville 60564

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Naperville 60563 Real Estate Market Report ~ April 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Thu, 28 May 2009 15:49:50 -0500

Market Report for Naperville 60563

In April 2009 there were 12 Detached Single Family Homes that sold in Naperville 60563, equal amount of units compared to March 2009.

Of the 12 that sold; the Average sale price was $386,583.

In April 2008, 16 units sold with an Average sale price of $406,446.

The Average price per square foot in April 2009 for the homes that sold in the 375,000-625,000 range was $156 per sf.

The Average days on the market for the homes that sold in Naperville 60563 was 86 compared to 85 days in April 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60563.

Naperville 60563 - Closed Sales

Naperville 60563 - Average Sold Price

Naperville 60563 - Average Sold Days on the Market

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

Search Homes Available in Naperville 60563

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Naperville 60540 Real Estate Market Report ~ April 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Thu, 28 May 2009 15:31:44 -0500

Market Report for Naperville 60540

In April 2009 there were 16 Detached Single Family Homes that sold in Naperville 60540, an increase of 1 unit compared to March 2009.

Of the 16 that sold; the Average sale price was $401,047.

In April 2008, 31 units sold with an Average sale price of $445,956.

The Average price per square foot in April 2009 for the homes that sold in the 375,000-625,000 range was $163 per sf.

The Average days on the market for the homes that sold in Naperville 60540 was 83 compared to 65 days in March 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60540.

Naperville 60540 - Closed Sales

Naperville 60540 - Average Sold Price

Naperville 60540 - Average Days on Market

Pricing a home correctly in today's market is critical for Naperville's Home-Sellers. Having an experienced real estate agent by your side who understands the importance of pricing and online exposure will lead to a successful sale.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Amazing Condo Unit! 144 E BAILEY - NAPERVILLE

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Thu, 21 May 2009 17:19:28 -0500

Links

Photo Gallery

Description

WELCOME TO AN AMAZING CONDO UNIT*IS THE LARGEST IN COMPLEX THAT HAS HAD A MAKEOVER FOR NEW OWNER* INCLUDING UPDATED KITCHEN W/OAK CABINETS, SOLID SURFACE COUNTERS, NEWER APPLIANCES*CERAMIC FOYER*KITCHEN & DINING ROOM W/PARQUET FLOORS*NEWER AC UNIT*UPDATED FULL BATH W/OAK CABINET & SOLID SURFACE COUNTERTOP*STORAGE & LAUNDRY IN BLDG*SHORT DISTANCE TO TENNIS COURTS, POOL AND CLUBHOUSE*SELLER IS WILLING TO HELP BUYER W/CLOSING COST

Features

Bedrooms:	2
Bathrooms:	1.1
Parking Spaces:	2
Year Built:	1972
Subdivision:	OLIVE TREES
Located on Floor #:	2
Floors in Bldg:	3
School District:	203
Square Footage:	980
Agent Name:	MARIA MASTROLONARDO
Broker:	RE/MAX OF NAPERVILLE
MLS #:	07221711

Location

144 E BAILEY NAPERVILLE IL 60565

vFlyer Id: 2515660

Naperville 60565 Real Estate Market Report~March 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 29 Apr 2009 11:02:26 -0500

Market Report for Naperville 60565

In March 2009 there were 9 Detached Single Family Homes that sold in Naperville 60565, an increase of 2 units compared to February 2009.

The Average sale price of the 9 that sold was $336,644.

In March 2008, 6 units sold with an Average sale price of $349,048.

The Average price per square foot in March 2009 for the homes that sold in the 300,000-550,000 range was $144 per sf.

The Average days on the market for homes that sold in Naperville 60565 was 142 compared to 94 days in March 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60565.

Naperville 60565 - Closed Sales

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Naperville 60565 - Average Sold Price

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Naperville 60565 - Average Sold Days on the Market

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

Search Available Homes in Naperville 60565

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Naperville 60564 Real Estate Market Report~March 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 29 Apr 2009 10:32:25 -0500

Market Report for Naperville 60564

In March 2009 there were 29 Detached Single Family Homes that sold in Naperville 60564, an increase of 12 units compared to February 2009.

Of the 29 that sold; the Average sale price was $429,190.

In March 2008, 30 units sold with an Average sale price of $467,195.

The Average price per square foot in March 2009 for the homes that sold in the 300,000-550,000 range was $143 per sf.

The Average days on the market for the homes that sold in Naperville 60564 was 97 compared to 86 days in March 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60564.

Naperville 60564 - Closed Sales

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Naperville 60564 - Average Sold Price

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Naperville 60564 - Average Sold Days on the Market

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

Search Available Homes in Naperville 60564

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Naperville 60563 Real Estate Market Report~March 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 29 Apr 2009 09:52:59 -0500

Market Report for Naperville 60563

In March 2009 there were 12 Detached Single Family Homes that sold in Naperville 60563, an increase of 8 units compared to February 2009.

Of the 12 that sold; the Average sale price was $395,958.

In March 2008, 10 units sold with an Average sale price of $468,600.

The Average price per square foot in March 2009 for the homes that sold in the 300,000-550,000 range was $159 per sf.

The Average days on the market for the homes that sold in Naperville 60563 was 143 compared to 56 days in March 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60563.

Naperville 60563 - Closed Sales

Naperville 60563 - Average Sold Price

Naperville 60563 - Average Sold Days on the Market

Disclaimer: The data is based on information gathered from the MLS of Northern Illinois which is believed to be accurate but not guaranteed.

Pricing a home correctly in today's market is critical for Naperville's 60563 Home-Sellers. Having an experienced real estate agent by your side who understands the importance of pricing and online exposure will lead to a successful sale.

Search Homes Available in Naperville 60563

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Naperville 60540 Real Estate Market Report~March 2009

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Tue, 28 Apr 2009 14:29:47 -0500

Market Report for Naperville 60540

In March 2009 there were 15 Detached Single Family Homes that sold in Naperville 60540, an increase of 6 units compared to February 2009.

Of the 15 that sold; the Average sale price was $438,800.

In March 2008 the same amount of units sold with an Average sale price of $462,367.

The Average price per square foot in March 2009 for the homes that sold in the 375,000-605,000 range was $165 per sf.

The Average days on the market for the homes that sold in Naperville 60540 was 111 compared to 73 days in March 2008.

The following charts give an overview of the Market Activity for the past 365 days in Naperville 60540.

Naperville 60540 - Closed Sales

Naperville 60540 - Average Sold Price

Naperville 60540 - Average Days on Market

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenvinlle, Wheaton, Woodridge or other surrounding areas.

Naperville Real Estate - Pricing Your Home to Sell...

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Wed, 22 Apr 2009 13:44:38 -0500

Pricing your Naperville home correctly is so important now more than ever.

Let's imagine you are shopping for a pair of shoes. You have a shoe in mind and go to the mall, (I'll say Nordstrom in my case)...when you arrive all the red shoes - the ones you had in mind - are priced the same. So how do you choose? Do you buy based on price? Do you buy based on style?

Today, real estate Home-Buyers have an abundance of Naperville homes to choose from. There are Naperville homes on the market that are in different price ranges and ones that are in various conditions. So how does a Naperville Home-Seller price their home correctly in today's market in order for their home to sell?

When pricing your Naperville home there are a few things to consider.

~ Sold Comparables- Naperville homes that have sold in the past 6 months will determine market value. In some areas of Naperville these can be homes that are the same model as your home and in other areas of Naperville they have the same similar features but are not the same model.

~ Pending Comparables- Give an indication of where the price trend in Naperville is heading.

~ Active Listings - These homes are your competition, your price should reflect how your home compares to your competition.

~ Condition- Now that you have looked at the Sold, Pending and Active comparables you can then make the determination of whether or not your home needs improvement or if your Naperville home just needs to be staged in order if it to stand out from the other homes.

Pricing your Naperville home correctly from day one is critical because it is during the first two weeks that your home is exposed to the largest pool of buyers. Correct pricing will lead to a successful sale.

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Maria Mastrolonardo is a Realtor Associatewith RE/MAX of Naperville and has been assisting home-buyers and home-sellers since 1997. Maria can be reached at (630) 248-6077 or email: mmastrolonardo@remax.net

Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.

Naperville's Murals ~ A Picture of Naperville's History

Maria Mastrolonardo - Naperville Illinois Real Estate (RE/MAX of Naperville) — Fri, 17 Apr 2009 12:43:57 -0500

When driving through Downtown Naperville, you can't help but notice the beautiful murals painted on the side of historical buildings. A picture of Naperville's history.

Within their paint strokes the artists tell the story of Naperville's history. The story of how Naperville was founded in 1831 by Joe Naper and that it is the oldest city in DuPage County.

The murals seem to come to life as we follow the story of the development of Naperville. The settlement of the first families that started the businesses, which then lead to the growth of the rail.

I enjoy hearing stories from true Napervillians - (people that have lived in Naperville for generations), they tell how Naperville once was. They tell stories of how their house was surrounded by corn fields because anything past 75th street was nothing but corn fields. How Downtown Naperville's anchor was a grocery store that has since been replaced with modern stores.

The pictures and stories are reminders of how far Naperville has come, and that within the old and new still lies the history of Naperville.

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Servicing the towns of: Naperville, Aurora, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton, Woodridge or other surrounding areas.