Move UP to Naperville Blog #2

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Real Estate Agent - BAIRD & WARNER, NAPERVILLE
An assortment of odds and ends that may or may not pertain to the greatest city in the Midwest: Naperville. Also some commentary on the Naperville real estate market.
RECENT BLOG POSTS
From the Case-Shiller monthly report we now know that prices are down nationwide (19 out of the top 20 metropolitan areas) and inventory is up. And, we've yet to hit bottom. So, our Spring market may not have much spring in it.Currently we see the following market statistics:ACTIVE NAPERVILLE SIN...
03/26/2008
I am soooooooooooooo tired writing about the 'sub-slime' mortage mess, that I thought I'd changed the topic.In this moring's Chicago Tribune (which I still read both online and in hard copy) there was an interesting story that both Microsoft and Intel were investing 10 Million dollars in a new re...
03/19/2008
OK...we have a temporary limit increase till the end of December, 2008. And, hopefully, they (the government) will make this increase permanent.In Naperville, the majority of the single family homes are over $400,000. And, we used conventional mortgages because FHA didn't go up high enough. And, ...
03/08/2008
Countrywide, a California lender, which did lots of business in the Chicago area is being investigated by Lisa Madigan, our Illinois Attorney General. She has asked them to provide her with files of Chicago closings from the past few years. She believes that there is evidence of fraud...and redli...
03/08/2008
Hot off the AP wire this morning:The federal regulator for Fannie Mae and Freddie Mac said Wednesday it would lift restrictions later this week on the amount of mortgages the government-sponsored companies can hold on their books.   The Office of Federal Housing Enterprise Oversight, acting after...
02/27/2008
According to the Illinois Association of REALTORS, Chicago-Metro area home sales took their worst one-month plunge since at least 1998. The trade group said on Monday that January sales of both single-family homes and condos were off 34 percent, compared to the same month in 2007.  Thirty-four pe...
02/25/2008
To paraphrase Tolstoy's opening sentence in Anna Karenina: Happy real estate markets are all alike; every unhappy real estate market is unhappy in its own way. Currently we see the following market statistics: ACTIVE NAPERVILLE SINGLE FAMILY LISTINGS                                               ...
02/25/2008
It must be Springtime.Illinois Deed Provider is again sending out their "official" letter offering to get your deed certified.Save your money! In Illinois, you need a certified deed only in rare cases. And, in 30 plus years of selling real estate, I've never seen a certified deed.So, rather than ...
02/24/2008
After several wasted years of trying to get a new high school buit on land at the corner of 75th Street and Route 59, school district 204 has chosen to buy land abutting Eola Road on the far north.As a result there are new boundaries being hotly debated. According to a map in a recent Naperville ...
02/23/2008
Do you  remember I showed a previous mini-reduction email about two months ago?Well, this morning's email brought me another amazing mini-reduction.Eileen, You showed my listing at xxxx Lane, Plainfield on 8/9/2006.I have recently reduced the price on this listing from $549,000 to $548,500 and th...
02/23/2008
Rainer
91,536

Eileen Landau

ABR, CRS, e-PRO
local_phone(630) 778-1855
smartphone(630) 297-7550
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An assortment of odds and ends that may or may not pertain to the greatest city in the Midwest: Naperville. Also some commentary on the Naperville real estate market.