naperville real estate: Count Your Blessings
- 06/09/10 11:09 AM
It's time to give back! We've been so blessed over the past year....(What the heck you talking about Dawg???) Well...before you think the Dawg's been dippin' in the sauce a tad bit early, let me remind you of the fact that most likely you still got some kind of roof over your head, you probably got three squares a day...and love ones around you. Am I right? Can the Dawg get an "AMEN" ? Thank you... You don't have to look far to see that, yes you have been blessed...you probably have more than most....(and here in Chicago we got our … (1 comments)
naperville real estate: Tax Credit Says, : "I'm Gone! - Miss me yet?"
- 05/10/10 04:45 PM
It's over...or is it? The Governments housing stimulus plan of the tax credit ended April 30th with more of a whimper than the roar of a victorious game plan. Several communities including my hometown of Naperville have enacted their own stimulus plan to keep the faint-but-present pulse of the local real estate market alive. These involve sometype of tax credit incentive if you buy local. (email me for the details)Some real estate companies have also enacted their own plans. Coldwell Banker has big plans to keep the ‘dream alive' The plan involves sellers giving back to buyers -All legal and above … (4 comments)
naperville real estate: Tick-tock....tick-tock....
- 04/09/10 03:41 PM
Tick-tock....tick-tock...Time is running out on the First time home buyer Tax Credit....T minus 20 days 02 hours 04 Minutes and 35 seconds give or take as I type these words (04/09/10 21:56:25).... Get your motor running... it is now or never...or is it? April Is Fair Housing month, marking the 42nd Anniversary of the 1968 landmark Fair Housing Act. As Realtors® it is a good reminder to look closely at our buyers and sellers and our own actions on how we treat our clients (and fellow Realtors® for that matter)...are we always upholding equality? And are we watching out for them … (1 comments)
naperville real estate: It's bottomed out!!!!!...uh...wait...I thought you said that it bottomed out last month.....?
- 03/11/10 10:03 AM
OK...So you (or someone else..) told me that last month (or was it the month before...I forget...) that the market had bottomed out and that we now need to burn off the excess inventory and things will be all back to Happyville in Real Estate World. Well......sure. I've read something about 'rock bottom' for the past year from some so called expert (gee....did Da' Dawg give some empty promise along the parade route...I'm sure I did....) But when a big wig like CB/NRT's own Jim Gillespie speaks and gives some hope we should listen! Jim referred to a reason to get into the … (0 comments)
naperville real estate: Who Dat?
- 02/07/10 03:01 PM
So ....As I watched the million of dollars pumped back in to the economy via Superbowl Commercials (Loved the mini Kiss Dr. Pepper spot...Hate the Jimmy Johns spots....NOT FUNNY AT ALL!) I thought about what January sales data showed us...that the new year kinda sucks. Buyers have taken the revamped First Time Buyers Credit and are sitting on it....heck....got til' April 30th...why not? 4rth Quarter Home Sales in IL showed a 4rth consecuative gain....sales down for the year by 1.5%. The Median sales price in December was $152,000....down 1.9% from December 2008 ($155,000) Year end stats for IL statewide are $157,000 … (2 comments)
naperville real estate: What the new year brings...
- 01/17/10 12:42 PM
Well....here we are...brand new year! Since we seem to rate our accomplishments by the year in which they occurred, I tend to look at January as the "Zamboni" cleaning the ice...clearing the slate for a brand new year. With that in mind...how shall we look at real estate? Will real estate on the verge of some newly appointed muscle in the extension of the new and improved, not to mention expanded First time home buyer credit, be the smooth skating guiding light to bring back the economy?...or using our ice metaphor, will real estate slip fall and drag everything down along … (3 comments)
naperville real estate: Illinois Home Sales are Up!....It Just Seems S-L-O-W...
- 12/03/09 07:35 AM
According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in October 2009 reached 10,986 homes sold, up 24.2 percent from October 2008 sales of 8,846. The Illinois median price in October 2009 was $157,000 down 7.6 percent from $170,000 in October 2008. The median is a typical market price where half the homes sold for more, half sold for less According to the IAR report, total home sales (single-family and condominiums) comparing October 2009 to the same month in 2008 were up in 45 of 99 Illinois counties reporting including Cook, up … (0 comments)
naperville real estate: Dawgs Blog 11/05/09: First Time Buyers Credit Extension Awaits Presidents Sig...
- 11/05/09 09:29 AM
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. … (2 comments)
naperville real estate: What have we learned.......
- 10/03/09 09:49 AM
(This is the final installment in my saga of trying to get help from my lender for the "Making Home Affordable" program which by definition I qualified for) ************************** To review, I've been blogging about my attempt to see if the "Average hard working Joe" could take advantage of the Making Home Affordable program as instituted by our countries leadership. My Answer: NO WAY. Here's the latest chapter: after resubmitting my paperwork for a 2nd time (see earlier blogs to catch up...) I finally, after almost 7 months from the date I first sent paper work in, received a letter stating … (0 comments)
naperville real estate: When we last met.....
- 09/09/09 03:00 PM
I Had just left you with an update on my quest to get in the "Making Homes Affordable " program...Again, for the record, I'm doing ok...not rich by any means, but by the good grace of our Lord, my bills get paid. Thank you Lord!<>< Nothing to report this month...as you remember from last months post I had to reapply (since N******* **** M***** messed up my original application by failing to apply my wifes income to our household income....) I expected the '30 -60 day wait' again...and I was right. So with out additional blogging filler, I bring you … (0 comments)
naperville real estate: Update: Making Home Affordable Program inquiry
- 07/04/09 08:56 AM
So as I last left you.... I was inquiring into the Making home affordable program.......just a small update this month. After waiting for over 60 days I decided a phone call was in order. It was not too long of a wait on hold before a tired sounding rep informed me that my application was received and that I would be hearing from them in the 'near future'. Shoot forward another two weeks and I received a phone call saying that updated commission checks were needed to verify income... (well....duh....it's only been 75 days since I inquired.....) So at this point … (0 comments)
naperville real estate: Kicking A Dawg When He's Down....
- 05/12/09 03:08 AM
Ouch!..well... apparently the troubled real estate and lending industries problems were so troubling to Fannie and Freddie that they had to take out their frustrations some how..... "Fannie Mae now has an across-the-board three-quarters of a point mandatory fee on all condominium loans, no matter how high the applicant's credit score. For an interest-only condo loan with a 20 percent down payment and a borrower credit score of 690, Fannie imposes the following ratcheted sequence of add-ons: One-quarter of 1 percent as an "adverse market" fee; another 1.5 percent for the below-optimal credit score; three-quarters of a percent for the … (0 comments)
naperville real estate: I've got nothing to say....
- 04/06/09 11:55 AM
...But that's never stopped me from talking or blogging...or people from reading what I'm saying...Averaging 15 newbees a day checking in on Dawg's Blog....flattering, but nonetheless with the exception of a few sesquipedalian verbiage inserts am I worth 5 minutes of your precious time? Well I'll try this month as Real Estate is coming back strong.....well if your a foreclosed property.. Shocking figures in Naperville alone....well over 300 Homes in that disposition...and I haven't even gotten into the nitty-gritty numbers. (I'm positive there are many more....) Over all Our buddies at IAR (Illinois association of Realtors) we've got a slightly … (0 comments)
naperville real estate: ...so we got all these homes.....
- 03/09/09 10:24 AM
....And we just don't know what to do with them....hmmm or do we....?? FIRESALE! oh my! I read today where Detroit is onslaught by foreign investors (even Aussie's ..'ello there mate!) who are buying foreclosed homes at the unheard of price of $1 each by the bushel load! I read one guy bought 150 homes and will buy as many as he can get a hold of. Now, imagine if you will, Detroit 2020, the city will be cheering on the Football team, no not the 0-17 Lions, but the new team owned by the cities big investors, The Detroit 'Roos! And … (0 comments)
naperville real estate: Quite the predicament we got here.......
- 02/06/09 07:12 AM
DAWG'S BLOG Quite the predicament we got here... February 6th, 2009 2:58 PM Seems Housing prices are at an all time low (pushes chest forward and holds head high to indicate ..."See I was telling you the truth!") Problem being...every ones loosing their jobs....only the ‘rich' still have money ...so will "The Rich Get Richer?"
Interesting new MLS (Multiple Listing Service) Development.....we now have the ability to pull up all the homes in process/Bank owned by neighborhood. <Sigh> It brings a tear to your eye to see all the homes in trouble now days.....but remember, basically we are all in … (0 comments)
naperville real estate: What was I thinking...oh yeah...that's it!
- 01/09/09 10:39 AM
Come on over by the window ...open er' up and take a deep whiff! <Ssssssssssssssnnnnnnnnnnniiiiiiiiiiiffffffffffffff> Ahh yes, Smell that??? That is the smell of a brand new fresh Real Estate Market! heh-heh...2008 was starting to stink up the joint pretty good eh?...Well..since I don't have enough moola to buy myself a senate seat (We do that here in Illinois...and we can vote as many times as we want to ..even after we're dead!) I think I'll be sticking to Selling HousesWith a new year upon us and the opportunity to make right some of the wrongs we've done...Real Estate will play … (0 comments)
naperville real estate: These times they are a changing'....
- 12/04/08 06:53 AM
Well you wanted Change....your gonna' get it. Now remember, Change by definition is anything different than what we already have ....hopefully, this 'change' will restimulate the country...sigh* already a recession....what's next?.... yes, quoting the poet Dylan, "These times they are a changing'.." Good news On the mortgage news click. read. smile. (or at least giggle and grin...) As for me, I think I'll just 'snarl.... -Dawg- By The Numbers... For November 2008 Single Family Detached Homes (Information courtesy of MLSNI) Naperville Active Listings:986 (as of 11/30/08) Sold(11/01/08-11/30/08): 54 Months Supply(Act/Sold): 18.26 Months High Sold Price: $1,045,000 Average Sale: $451,733 Average Market Time: … (0 comments)
naperville real estate: License to Complain.....
- 11/04/08 08:56 AM
License to Complain? Did you vote? I did! so if my party makes it into the Commander in Cheif chair...well all is good...and if He does not make it...well then I pull out my trusty "I voted today!" Sticker and Voters card and evoke my right to complain about the guy in office I did not choose.....ah...tis great to live in America! Home of the Brave, Land of the Free...or is it land of the wacky and home to a terrible Real Estate market...?? Well traditionally after the elections...things tend to pick up...especially in years where the incumbant is a lame … (0 comments)
naperville real estate: There's a Toilet Paper Shortage......
- 10/05/08 08:55 AM
...Naw..not really but it goes to show the power of the media in our daily lives. See....the "Dawg" comes from the world of radio in my BRE (Before Real Estate) life. Say I went on the air and said in my best Wolfman Jack impersonation, "Stock up Boys and Girls,...Ahooooooo! ...There is gonna be a toilet paper shortage in our fair city toooooonight! Ahroooooooooooooooooo!" Well by night fall you Bob, Barb and Cindy have trampled Mr. Whipple in the process of buying up every last roll of Charmine on the store shelves. Yup...there is now a shortage.....on the store shelves that is...you … (0 comments)
naperville real estate: Paging Dr. Dawg....Dr.Dawg...Code Blue on the Local Market....or is it???
- 09/02/08 10:44 AM
Well it's the end of summer...the small 'break' in the market as parents now have their kids in school and the real estate market gets ready for the traditional bunker down for winter.....or are we? With consumer confidence still down, many look to the political race, and eventually the Real Estate Market, to be the saving grace. I say we're still in the game ...and I kid you not....if you are a buyer....BEST TIME IN HISTORY TO BUY A HOME! sellers...you have to face the fact that this is not 2005...be real and the house will sell! ...just my thoughts....How about … (0 comments)
It's time to give back! We've been so blessed over the past year....(What the heck you talking about Dawg???) Well...before you think the Dawg's been dippin' in the sauce a tad bit early, let me remind you of the fact that most likely you still got some kind of roof over your head, you probably got three squares a day...and love ones around you. Am I right? Can the Dawg get an "AMEN" ? Thank you... You don't have to look far to see that, yes you have been blessed...you probably have more than most....(and here in Chicago we got our … (1 comments)
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