OK and Associates Realty Plus's (realtyplus) Blog

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Real Estate Broker/Owner - Northern Illinois Real Estate
mchenry news, mchenry market, homes for sale in mchenry, Northwest Suburbs, Crystal Lake Real Estate, Woodstock real estate

ARCHIVED BLOG POSTS

2009 

REAL has created a couple of great presentation about the current Illinois economy and forecasts through 2010.   The first can be heard at http://www.illinoisrealtor.org/files/hewings_11-2008.mp3 were Dr. Hewings talks about Nov 08, Dec 08, Jan 09.  I like to look at this first to see how correct...
02/27/2009
If you are an IAR member ,checkout the full report at http://www.illinoisrealtor.org/Member/legaltop10   The thing the stands out is that the number none issue is "Social Networking" From the report: 1. License Law - Business PracticesSocial Networking If you are a licensed real estate agent you ...
02/27/2009
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Closed in Feb, but the contract was early January. In the slowest month of the slowest market in at least the last 3 years, Dawn was able to sell one of our listings in ~60 days.  IT WAS NOT AN REO or SHORT SALE. It was actually a very nice, newly remodelled home and a good deal for both parties ...
02/27/2009
Only 116 closed sales in Jan 09.  Compared to 157 in Jan 08, 265 in Jan of 07, and 317 in Jan 06.   The average sales price dropped to 198,330 from 225,287 in Dec 08.   Both the sales and avg price are the lowest in 3 years.  The average market time also shot up to 201 days from 169 in Dec 08.  T...
02/27/2009
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