Move UP to Naperville Blog #2

You have priced your home to perfection. You have banished all the extraneous "junk." You have hired a stager so that your home shows like a model. You have had broker tours and Open Houses. Now, you have an acceptable offer. You've signed the papers. The appraiser has been thru the house. The bu...

Some more interesting Naperville Stats Our Mainstreet Organization of REALTORS publishes monthly stats for each town in the Chicago Metro area.                                                         Here’s a comparison of March 2007 and March 2008 March 2008 March 2007 Naperville MLS properties...

As so many of my clients are planning on renting I'd thought I'd share some observations.The rental price of a property may have nothing to do with its selling price. Generally, we were told that to find the rental price of a property, you took 75% of 1% of the selling price.Example: Sales price ...

Eileen's Naperville Single Family Stats for April, 2008 Once again the Case-Shiller monthly report shows that prices are down nationwide by as much as 13 percent in some markets, and inventory is up. In fact, according to a report yesterday, the U.S. has never had as many vacant homes as we have...

 Wow! Incredible, aren't they? And, you can see these blooming shrubs at the Garfield Park Conservatory right now. They have a show of spring flowers that's just amazing. And, the price? Free. It's under the auspices of the Chicago Park District.Of course, you could also visit the Lincoln Park Co...

Canadian National Railway is trying to acquire the EJ&E railroad tracks for $300 million.I hope that they're stopped. Why?Because they would increase the number of freight trains going through Naperville and DuPage county horrifically. The old EJ&E tracks for the most part are at ground level. Wh...

Tomorrow, April 22nd, we will celebrate Earth Day. And, I'm wondering what you're doing to "save" the planet.Here are some of my eco-choices:I purchased five hunter green reusable shopping bags at our local Jewel grocery store. I keep them in the car and I use them! I refuse all plastic bags when...

This market really brings back memories of the early 1980's.Yesterday, I talked to a client from Michigan who has decided to rent a house in Naperville for the next year. That was in the morning. In the afternoon, I received a referral from a Florida agent. Again, his client wanted to rent a home...

Here's the old definition: A young man kills his parents, then asks the judge for mercy because he's now an orphan.And, here's the new definition: A builder sues the bank that gave them money to operate. Their rationale: The bank should have known that the builder was overdrawing its line of cred...

The nice thing about keeping a paper record of my Naperville market stats is that I can spot trends quickly.Here's an example:January 14, 2008 we had 581 Four bedroom homes on the market for an average price of $725,817 with a market time of 239 days. And, yes, January is usually a slow month in ...