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Is it a Great Time to Buy? - 10/28/10 11:28 PM
Is it a Great Time to Buy a Home?Buying a home is a big decision. People buy because it is part of the American dream, provides stability and a higher level of contentment. Is now a great time to buy a home? It seems some of my prospective clients seem to think so. My buyer clients have been a lot more active in the last week. It started with a couple who have been receiving listings since February and who I had shown around 35-40 homes over 4 months, found a home for sale in Tinley Park that they liked at (0 comments)
Shorewood Foreclosure News: More Homes Lost - 10/19/10 06:02 PM
Shorewood Foreclosures News: More Homes LostDSnews.com reported that over 7 million homes are 30 or more days delinquent. A little more than 2 million homes had already started foreclosure proceedings and about 2.5 million that are 90 days past due and about to begin foreclosure. Currently, Shorewood has 350 homes in foreclosure, according to Realtytrac.com. 47% of these homes are pre-foreclosure and can avoid foreclosure auction. Short sale is a viable option and many times foreclosure can be delayed. This allows homeowners a little more time to sell via short sale and protects their credit rating from foreclosure, which may prevent anther (0 comments)
States Attempt to Stop Foreclosures & Foreclosure Update in Plainfield, Shorewood and Joliet, Illinois - 10/14/10 10:44 PM
Probe Continues as all 50 States Attempt to Stop ForeclosuresThe Chicago Tribune (10/14/10, page 27) reported today that President Obama would likely not take action to stop foreclosures. The administration believes that the foreclosure moratorium that some banks have voluntarily undertaken will drive prices down more and delay the recovery of the real estate market if there were a nationwide suspension of foreclosures. In September, 1 in 99 Plainfield homes received a foreclosure filing with 208 homes receiving notice. This represents a decline in foreclosure activity as there were 266 Plainfield foreclosures in July and 243 in August. The average price (2 comments)
Foreclosure Freeze May Expand to More Lenders - Effects of the Foreclosure Freeze - 10/12/10 09:41 AM
Foreclosure Freeze May Expand to More Lenders10/12/10Up to 40 states may begin investigating the foreclosure practices of many banks. This will add pressure to many more banks to follow Bank of America's lead on declaring a foreclosure moratorium. JP Morgan Chase and Ally Bank have also suspended foreclosures. There is no timetable currently for the bank to resume foreclosures. Wells Fargo reportedly will not suspend foreclosures. The moratorium on foreclosures will give many distressed homeowners an opportunity to sell their homes via short sale as they may be allowed more time to market the home. Also, banks like BoA may be (3 comments)
Number 1 REALTOR in Shorewood, IL. ActiveRain Featured Agent Steve Roake. - 10/11/10 01:03 AM
Number 1 REALTOR in Shorewood, IL. ActiveRain Featured Agent Steve Roake. I have been in Real Estate since 2003 and lived in the Shorewood area for just as long. I recently earned my Broker's license and have become a Performance Coach for McColly Real Estate. I have also completed Short Sale and Foreclosure Resource (SFR) training and am an Accredited Buyer Representative (ABR). I have been blogging for 10 months and have risen to the top of Shorewood REALTORS in Activerain points. I'm also currently #9 in Will County and rising fast. Blogging allows me to connect with people who wouldn't (0 comments)
Shorewood, IL Market Report 10/10/10 - 10/11/10 12:52 AM
Shorewood, IL Real Estate Market Report 10/10/10Today, Shorewood, IL has 125 single family homes for sale with a median list price of $249,900. There are 18 homes under contract. The average market time is 221 days or 7.4 months. Prices range from $52,500 to $699,000. See all of these listings at http://www.roakehomes.com In the last 30 days, 19 homes for sale have closed at a median price of $195,864 and 23 homes have had the listing expire or have been cancelled. Sold homes had an average list price of $251, 164 and were on the market, on average, for 155 days. (1 comments)
Plainfield Real Estate Market Report, Oct. 10, 2010 - 10/11/10 12:40 AM
Plainfield, IL Real Estate Market Report, 10/10/10Currently, Plainfield, IL has 486 single family homes for sale with a median list price of $223,500. There are 32 homes under contract. The average market time is 191 days. Prices range from $110,900 to $410,000. See all of these listings at http://www.roakehomes.com. In the last 30 days, 67 homes for sale have closed at a median price of $203,500 and 100 homes have had the listing expire or have been cancelled. Sold homes had an average list price of $263,855 and were on the market, on average, for 170 days. Expired/cancelled Plainfield homes for sale (0 comments)
Super Sunday Open Houses in Shorewood & Joliet Sunday October 10th from 12-3pm McColly Real Estate's Super Sunday Open house will pay $1,000 to one lucky open house attendee. Contest rules can be found at www.mccolly.com/supersunday or see agent for details. Just attend any McColly open house to register.
Homes for sale in Shorewood and Joliet that will be open for viewing are:
1202 Country Drive, Shorewood. Located just west of River Road between Black and Jefferson, this 2480 square foot, 4 bedroom, 2.5 bath home features a .51 acre lot. The backyard is fantastic with (0 comments)
Successful Short Sale Strategies - 10/04/10 09:59 PM
Successful Short Sale Strategies If you've never done a short sale transaction, it can be very intimidating. However, with a little patience, preparation and this guide to short sales, you will get your deal approved and closed. The first steps to a successful short sale start before the house is even on the market. You must prepare your seller for what is to come. You need to have the right forms to enable you to market the home as a short sale. In my MLS, this includes a Short Sale Marketing Agreement and an Authorization to Release Information. Pricing is also (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.