Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of December 26, 2008.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.... 12/26/2008

We all can use some good news. The recent announcement from Freddy Mac that fixed rates on 30-year mortgages averaged 5.19% for the week ending Dec. 18. is definitely a reason to cheer. Rates have not been that low since 1971 when government started to survey 30-year mortgage rates. Combined with 20 – 25% reduction in average home prices (northwest Chicagoland), 5.19% mortgage rate makes home buying affordable as never before in recent history. Hopefully, lower cost of borrowing will offset the negative impact of increased scrutiny and ultra-high credit standards that prospective buyers meet while applying for a mortgage these days. In Chicago suburbs (as in the most the U.S.), it is the bargain time! With more foreclosures expected to enter the already over-supplied market in 2009, no ... 12/18/2008

Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of December 17, 2008.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.... 12/17/2008

Everyone knows how dramatically prices of homes have been falling in the last 2 years. Some estimates indicate that an average American home lost 25-30% of its peak value. The recent wave of foreclosures makes price declines even more acute. For home sellers, having a bank foreclosed property in the neighborhood is their worst nightmare since this type of homes sell from 20 to 40% below the area average.  On the other hand, in times of tight credit standards, more and more homes become available again to first time buyers who would not afford jumbo loans. Foreclosures play important role in the market correction and when it finally reaches the bottom, it will be much easier for a greater number families to afford their first home. Sure, thousands of other families will loose their homes... 12/10/2008

Are you buying, selling, or just curious about the real estate market? Check out my weekly market report on the local housing market. Don't make the mistake of not understanding market conditions when buying or selling a home. Take a look and the report for the current market and start understanding housing market in your area. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson 12/08/2008

Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of December 1, 2008.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.a... 12/01/2008

Arlington Heights, Illinois  Local Area Information and Web Links  Free CMA Report    Map selected listings with Google Earth   Additional Resources:  Arlington Heights School Information Arlington Heights Community Profile Arlington Heights Facts and Figures Arlington Heights Health Care & Hospitals Arlington Heights Business Directory Arlington Heights Area Yellow Pages Arlington Heights Public Libraries Arlington Heights Local Golf Courses Arlington Heights Local & State Govt Links Arlington Heights Elected Officials Arlington Heights Local Legislation IL VA Information Arlington Heights Local News Stories Arlington Heights Area Business Patterns Arlington Heights Local Tax Rates Arlington Heights TV, Newspaper & Radio Arlington Heights TV Listings by Provider Arlington Heights Local... 11/30/2008

Do you feel overwhelmed by big numbers? How about 1 trillion dollar depreciation? Experts estimate that the total loss of residential home equity in the last 2 years was around 1 trillion dollars. An average U.S. home lost almost 100,000 of its value. So, are you $100,000 poorer than 2 years ago? Evidently, some of feel so. It is enough to talk to car dealers, travel agents, even baristas to get the picture. The business is slow because people feel less rich and keep cutting on both large ticket items and discretional spending. Apparently, not everyone is quite convinced by the real estate bust. According to some studies, 49% of U.S. homeowners believe their homes are worth at least as much now as a year ago. In fact, close to 75% percent of homes nationwide have lost value in the past ... 11/30/2008

Are you buying, selling, or just curious about the real estate market? Check out my weekly market report on the local housing market. Don't make the mistake of not understanding market conditions when buying or selling a home. Take a look and the report for the current market and start understanding housing market in your area. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson 11/24/2008

Make An Intelligent Move with Richard Ives   Arlington Heights Important Phone Numbers Emergency 911 Fire 847-577-5645 Police 847-368-5000 Village Hall 847-368-5000 Township: Elk Grove 847-437-0300 Palatine 847-358-6700 Wheeling 847-259-7730 County: Cook 312-603-5656 Post Office 847-253-7456 Park District 847-577-3000 Library 847-392-0100 Train 847-253-6365 Gas 888-642-6748 Electric 800-334-7661 Water 847-368-5000 Refuse 800-344-5600 Telephone 800-244-4444 Cable TV 866-594-1234 School District: 15 847-963-3000 21 847-537-8270 23 847-870-3850 25 847-758-4900 57 847-394-7300 59 847-593-4300 211 847-755-6600 214 847-718-7600   Richard Ives, ABR, e-PRO, RECS, AHWD, SRES, AIREE, REEA Accredited Buyer Representative Broker/Instructor www.richardives.remax-ni.com/ Richard Ives, ABR, e-PRO, SR... 11/19/2008

Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of November 19, 2008.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.... 11/19/2008

Are you buying, selling, or just curious about the real estate market? Check out my weekly market report on the local housing market. Don't make the mistake of not understanding market conditions when buying or selling a home. Take a look and the report for the current market and start understanding housing market in your area. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson 11/16/2008

Solid Source Realty - CMS Team is your source for REO (bank-owned) or short sale properties.  The CMS team designed the forms utilized by hundreds of Realtors®    CMS realized the need for a standardized short sale forms submission package through our interaction with risk mitigation departments on a nationwide level. CMS' short sale forms package was developed with the assistance of the individuals that approve short sales for some of the largest lenders in the nation.  Please contact us to receive a current list of active short sales in the northwest suburbs 11/13/2008

In case you were wondering if homes in the northwest suburbs are still selling, the answer is YES :-) . Surprisingly, the prices are holding steady, around 10% below last year's figures. For instance - in Arlington Heights 30 houses have been sold last month, at an average price of $450,908. That is 5 houses fewer than in September but, per average -  $41,500 higher! In Des Plaines the difference is even bigger: 33 houses sold in October 2008 at $306,345 average price compared to only 23 houses sold in September at $273,633. For complete information about October 2008 home sales in northwest suburbs of Chicago (including condos and townhouses), please visit one of the following web pages: Arlington Heights Real Estate Buffalo Grove Real Estate Des Plaines Real Estate Mount Prospect Rea... 11/10/2008

Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of November 10, 2008.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.... 11/10/2008

There is change in the air. And our country needs it like never before in the recent history. Today tens of millions of Americans are going to polls to express their hope and determination to turn the country around. As Realtors, we and our clients were the first to suffer from the current slowdown, long before recession became a reality. Is it fair to say that those who suffered first will be among the first to recover? Most experts agree that the economy will not start growing again until homes stop loosing their value and people start buying houses again. For this to happen, we need to see a new attitude, a fundamental change in people’s views about the future of America. Will this process start today? So many of us have been waiting for this Election Day to express our need for chan... 11/04/2008

Arlington Heights Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Arlington Heights real estate statistics for the last 12 months as of October 31, 2008.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Arlington Heights, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.a... 10/31/2008

Given all the negative news, we have been hearing in the recent days, as a surprise comes the information, that the national sales of existing homes were up 5.5% in September (seasonally adjusted) if compared to August. The biggest gains come from the West where home sales were up 16.8%. However, the median price in the West was down 18.5 percent from the same period a year ago. In the Chicagoland area, that includes 9 counties around Chicago, homes sales of all type of residential properties were down 6.2 percent in September (6,371 units) if compared to September 2007. Prices were down 13% from the same period a year ago. Please follow the link for detailed information about Arlington Heights IL home sales 10/28/2008

Are you buying, selling, or just curious about the real estate market? Check out my weekly market report on the local housing market. Don't make the mistake of not understanding market conditions when buying or selling a home. Take a look and the report for the current market and start understanding housing market in your area. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson 10/24/2008

Are you buying, selling, or just curious about the real estate market? Check out my weekly market report on the local housing market. Don't make the mistake of not understanding market conditions when buying or selling a home. Take a look and the report for the current market and start understanding housing market in your area. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson 10/18/2008