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Dawgs Blog 11/05/09: First Time Buyers Credit Extension Awaits Presidents Sig...

By
Real Estate Agent with Realty Associates Network Incorporated 475.137455

Well, well...nothing like speculation to throw a wrench into things...but as I type this the only remaining hurdle on extending the Home Buyer Credit is if our Prez can't remember how to use a fountain pen...but as little credit as I give 'em, I think signing his name should be a 'gimme'.

.... AND (note intentional use of bold,underlined, capital letters to keep your attention from drifting...) the credit being offered to move up buyers.....a few rules to follow so read with me here...:

The legislation that was recently cleared makes move-up buyers as well as first-time buyers eligible for a credit. The $8,000 maximum first-timer credit will continue and will now be available to couples with income up to $225,000, a nearly $55,000 increase above the level in existing law. A new $6,500 maximum credit would also be available to move-up homeowners who have lived in their current residence for five of the prior eight years.

YES!!!...sing it James! "I feel Good"....

Lets roll right into this months edition of :

By The Numbers...

For October 2009 Single Family Detached Homes (Information courtesy of MLSNI)

Naperville

Active Listings:978 (as of 10/31/09)

Sold(10/01/09-10/31/09): 103

Months Supply(Act/Sold): 9.49 Months

High Sold Price: $1,375,000

Average Sale: $433,462

Average Market Time: 147

October 09 Top Subdivision (sales): Tall Grass (9), several tied at (3)

www.NapervilleHomeSeller.com

Aurora

Active Listings: 1146 (as of 10/31/09)

Sold (10/01/09-10/31/09): 135

Months Supply(Act/Sold): 8.48 Months

High Sold Price: $905,000

Average Sale: $192,041

Average Market Time: 146

October 09 Top Subdivision (sales): Hometown (6),several tied at (4)

www.AuroraHomeSeller.com

Plainfield

Active Listings: 852 (as of 10/31/09)

Sold (10/01/09-10/31/09): 86

Months Supply(Act/Sold): 9.907 Months

High Sold Price: $425,000

Average Sale: $226,050

Average Market Time: 171 Days

October 09 Top Subdivision (sales):Lakewood Falls(6),Grande Ponte (5),Wesemer(4)

www.PlainfieldHomeSeller.com

Oswego

Active Listings: 284 (as of 10/31/09)

Sold (10/01/09-10/31/09): 29

Months Supply (Act/Sold): 9.79 Months

High Sold Price: $359,000

Average Sale: $235,465

Average Market Time: 202 Days

October 09 Top Subdivision (sales): Several tied at (2)


www.OswegoHomeSeller.com

 

So, my good fellows and ladies, what has been going on with you?

Talk to me-

                                         -Dawg-

 

 

Shane Mann Ruff  

Realtor®

Relocation Certified

 967  West 75th Street

Naperville, Illinois 60565

Cell  630-846-1450

VM   630-637-2547

Fax  630-532-6670

"Let THE RUFFHOUSING TEAM do the TUFF work for you!"

www.TheRuffHousingTeam.com  

  

www.NapervilleHomeSeller.com  

www.NapervilleHomeBuyer.com

www.AuroraHomeSeller.com

www.OswegoHomeSeller.com

www.PlainfieldHomeSeller.com

Cheryl Ritchie
RE/MAX Leading Edge www.GoldenResults.com - Huntingtown, MD
Southern Maryland 301-980-7566

Of course I love the Golden Retriever photo in your Active Rain Blog!

Nov 05, 2009 09:34 AM
Shane Ruff
Realty Associates Network Incorporated - Naperville, IL
Broker

...Dogs sell more homes than my mug ever will! -Dawg

Nov 05, 2009 09:39 AM