What’s the difference between a short sale and a foreclosure? Most people know that short sales, foreclosures, bank-owned properties and REOs are all some kind of a distressed property. A short sale is one where the homeowner owes more on the house than they can sell it for. A homeowner with a hardship situation (job [...]
Batavia IL Market Update | Single Family Homes | November 2011
November 8, 2011 By Leave a Comment
Batavia IL Market Update | Single Family Homes | November 2011 In Batavia IL there have been 194 closed sales as of October 31, 2011. This is an increase of 9% over the 174 closed sales during the same time in 2010. 58 of the sales — about 30% — of the closed sales have distressed [...]
Geneva IL Market Update | Single Family Homes | November 1, 2011
November 1, 2011 By 3 Comments
Geneva IL Market Update|Single Family Homes|November 1, 2011 The Geneva single family home real estate market is chugging along in 2011, although the number of sales is lower than in 2010. The good news is that the number of bank-owned and short sales (12%) in Geneva is much lower than in Chicago metro area (40+%). [...]
St Charles IL Market Update | Single Family Homes | November 1, 2011
November 1, 2011 By Leave a Comment
St Charles IL Market Update|Single Family Homes|November 1, 2011 The real estate market is healthier in St Charles, IL than many other areas in the Chicago metro region. Single family homes in St Charles, IL in 2011 are selling ahead of last year’s pace and at a higher average price. 453 closed sales in 2011 versus 373 in the [...]
Buying a Home in St Charles IL? Plan, Prioritize, Then Shop
October 16, 2011 By Leave a Comment
If you are thinking of buying a home in St Charles, IL , you can — and should — spend a lot of time looking at houses. But you need to be looking at the right things during showings so you don’t waste your time. Here’s what I advise my St Charles home buyers to do [...]
