In the past 30 days, 53 single family properties have closed in Plainfield, ranging in price from $114,000 to $644,000.
Out of the 53 closings that took place, 20 homes, or 37.8%, were listed as short sales on the MLS. Not surprising, the main bulk of the short sales took place on the lower price range homes under $200K.
Of the homes that closed in Plainfield over the last 30 days, not included in the 37.8% were the actual bank-owned homes. The MLS does not require special notation on homes that were bank-owned or REO's, and that information is most often determined by reading the agent remarks section of the listing.
In my opinion real estate seems to picking up, though many buyers are still on the fence about whether this is the really the right time to buy a house in Plainfield. I think anyone who buys a home in 2009 and even 2010 will be getting a great deal on a house. Waiting too long could cost you a little bit in the short term, but the signs the real estate market is beginning to improve in Plainfield will very obvious.
Julie Ferenzi | Realtor®
Plainfield Real Estate
630-673-6233
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