Move UP to Naperville Blog #2

The 2007 Illinois School Report Card results was released this week. And, Naperville School District 203's top ranking school was Kennedy Junior High. The school is located in an area of Lisle that's adjacent to Naperville. Many of the children who attend come from the Green Trails subdivision an...

Yesterday as I was giving out candy bars to the youngsters who came to my door, I noticed something very disturbing.The girls were all dressed up in costumes. They smiled. They said, "Thank you."The boys, on the other hand, were not in costume, unless you call a sweatshirt a costume. None of them...

I was looking at the real estate ads in the paper the other day and a company that has auctions caught my eye.They had pictures of 20 homes that will be auctioned off November 10th. One of these homes is a newly constructed property in Ashwood Creek that I showed in the spring and summer of 2006....

I saw a prescient statistic today: 140,000 people associated with the housing industry are out of a job. And, this figure didn't even account for real estate agents!In my market, I'm seeing agents leave the business on a daily basis. One of our top agents, who did over 50 sales a year, left, embi...

"From now on, I am presuming that the mortgage insurers will go under. I am presuming bankruptcy for Countrywide Financial. I am also presuming that Washington Mutual will fail."  wrote Jim Cramer on RealMoney.com.  And, let's also add those private mortgage insurers, title companies, and home bu...

As of  10/24/2007:  Number of Active listings: 1141 Average list price:            $693,003 Average days on market: 193 The breakdown:  There are 242   3 bedroom homes on the market;  average price: $397,181.     Market time: 155 days There are 718   4 bedroom homes on the market;   average pric...

Neumann Builders of Warrenville, Illinois will be filing for Chapter 11. They've laid off 110 out of 130 employees in addition to closing all their sales offices and building sites.Currently they have 135 homes under construction which they hope to complete. All other sales contracts will be void...

Isn't this a blast. Makes me want to get out my Witch's costume and sit in that rocking chair. This home is creatively decorated by my client, Judy. She does fun stuff all year long...and now the world can see her talents.I keep telling her that she needs a house with a basement to store all her ...

It's time to look ahead and make predictions for 2007 Now, we’re heading into the final months of the year… and what’s happening?  1) Our Naperville market is now officially in a "slower" market. Days on market, or the length of time that listings take to sell has doubled or trippled. Properties...

The NATIONAL ASSOCIATION OF REALTORS does annual surveys on buyers and their wants and expectations.So it's no surprize that the number one item these buyers want is as big a garage as they can afford. And, yes, I agree and completely understand. A two car garage offers just enough space for my F...