Richard Parr's (richparr) Blog

A Multiple Listing search of Villa Park, IL, today shows that the number of homes sold over the last 12 months is about half of the number from three years ago, but the prices are almost the same.  Similar to the national media claims, the graph above shows that the demand for homes has slowed. T...

A recent Multiple Listing search for Elmhurst, IL, homes shows that even though the number of homes sold is still down, the home prices are beginning to climb.  The information was broken down into one year increments dating back three years from today.  The bar graph above shows that although th...

When selling a home, you should keep the property ready to show at a moment's notice.  It is not that hard really.  When you take something out, put it back.  Use some common sense.  As a buyer, how would you want the property to look?  It does not have to look like a model home, but it should be...

Single Family Detached Homes Currently on Market420 Homes on the MarketMean List Price is $639,586, the Median is $500,000List Prices Range from $209,900-$2,500,000Average Market Time for Active Listings is 248 days47 Contingent Homes and 7 PendingSingle Family Detached Homes Sold in the Last TWO...

The Chicago Tribune reported today that a City Council vote passed to increase the city real estate transfer tax by $3.00/1000 to bailout the Chicago Transit Authority.  That brings the transfer tax to a jaw dropping $10.50/1000.  That is a 1.05% tax to sell your house in the city.  This comes af...

I always educate my homeseller prospects about a deceptive practice called Buying Listings and how it will hurt them in the long run.  Extended market times, multiple price reductions, and the belief that there is a problem with the property are a few of the major ones.  Unfortunately, I have los...

I am a Realtor and I always try to find ways to help my clients.  I make recommendations for lenders, attorneys, insurance agents, and home inspectors in a typical sale, but I don't stop there.  I recommend painters, landscapers, roofers, and most other homeowner needs.Now, I have found the most ...

I am a Realtor and I always try to find ways to help my clients.  I make recommendations for lenders, attorneys, insurance agents, and home inspectors in a typical sale, but I don't stop there.  I recommend painters, landscapers, roofers, and most other homeowner needs.Now, I have found the most ...

I am a Realtor and I always try to find ways to help my clients.  I make recommendations for lenders, attorneys, insurance agents, and home inspectors in a typical sale, but I don't stop there.  I recommend painters, landscapers, roofers, and most other homeowner needs.Now, I have found the most ...

I am a Realtor and I always try to find ways to help my clients.  I make recommendations for lenders, attorneys, insurance agents, and home inspectors in a typical sale, but I don't stop there.  I recommend painters, landscapers, roofers, and most other homeowner needs.Now, I have found the most ...