Explore Naperville, IL

By Scott Gerami, Helping people find their place in the world!
(Compass Real Estate)
Comments 0
Your home has been listed for just a few days, and your real estate agent calls with great news. The people who looked at the house last night have come in with an offer to buy it! When the agents arrive to present the offer, you are excited and hopeful. As they explain the price and terms, howev...

By Eric Rogers
(Century 21 Pro-Team)
Comments 0
Naperville, IllinoisNaperville is a very old community and features lots of real estate options for homeowners. As the fourth-largest city in Illinois, Naperville has focused inward on developing the community. Homes in Naperville tend to be priced higher than surrounding areas (on average) but m...

By Eric Rogers
(Century 21 Pro-Team)
Comments 0
December Market Conditions Detached Style Single-Family Homes The median price of homes on the market in Naperville remained rose slightly in December, going from $569,450 in November to $574,900 in December. Also, the average price of homes sold during the month of December rose fairly significa...

By Angus in Naperville IL
(RE/MAX of Naperville)
Comments 34
 We're curious. We've always been that way.We like to check out neighborhoods and see what folks are up to. There is always some street we haven't been down recently and we are going to take it. It's a natural curiosity that pays dividends when you are in this business. I frequently get stopped b...

By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
Comments 5
In my previous posting I gave a list of words that are used in marketing a home. Some of these words actually helped the property sell faster and for a better price.So, here are the winning words:GraniteGourmetLandscapeGolfWhat do these words have in common? They give the impression of an expensi...

By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
Comments 5
In a slower market it's really important what we say in both the remarks section in MLS and in our advertising.Several business professors have done studies on the effect of words and language in both ads and remarks and its correlation to time on market and selling price.So, from the list of wor...

By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
Comments 0
A few interesting stats for our Naperville market:As of 12/31/2006, there was a total of 848 single family homes on the market. Average list price: $739,588 Average days on market: 204So, there's still lots of more expensive homes just sitting.And, what's sold this past year? We have 558 homes so...

By Angus in Naperville IL
(RE/MAX of Naperville)
Comments 56
Our first home purchase - "The Life of the Unrepresented Buyer"  1985 We looked at a couple of condos alongside the El tracks in Chicago... nice places, great complexes close to everything... we were assured that we would "get used to the train" the screeching, the rumbling, the shaking... At $48...

By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
Comments 1
I've been doing predictions for years. Used to send out a letter to all my clients in January with my forecast. Now, I can just publish it!1) Don't expect the market to change much this year. We're not reverting back to the "bubble" days. That's over. It's history for us.Our Naperville market is ...

By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
Comments 17
We've been having a conversation on Real Talk about what agents wear when working with their clients.And, as I've been doing this since the dinosaurs roamed the earth, I can remember when jeans were NOT allowed as they were considered unprofessional. Now, how did this happen? Some type of commiss...

By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
Comments 0
Naperville Stats as of December 26, 2006 ACTIVE Single Family detached homes Currently there are 148 3 bedroom homes on the market with an average list price of $420,243 and a market time of 155 days. Currently there are 601 4 bedroom homes on the market with an average list price of $742,479 and...

By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
Comments 8
I was reading a story about a house that was built as though it were a ship! Everything in it was nautical.So, that got me to thinking...what's the most unusual property you've ever listed or sold?One of mine that comes to mind, was a brick 3 bedroom ranch...now the house was just an average 3 be...

By Angus in Naperville IL
(RE/MAX of Naperville)
Comments 20
Remembering those that give...   I've been to New Orleans many times...  This time was different... the city was still reeling from Katrina and fighting to come back... they were glad we (NAR) were there, but it was different than before. I've had cause to reflect on this as a Naperville custom h...

By Scott Gerami, Helping people find their place in the world!
(Compass Real Estate)
Comments 2
Your real estate agent has just brought you an offer on your home, and you want to think about it. You would like your agent to contact the other people who have shown an interest in your home. Whether your home has been listed for three days or three months, there is always a desire to hold out ...

By Scott Gerami, Helping people find their place in the world!
(Compass Real Estate)
Comments 1
Here is a situation that many buyers have experienced. After searching for weeks, you found the perfect home and you made a very low offer. The sellers responded with a counter-offer which was several thousand dollars lower than their asking price. You came back with a slightly higher bid, and th...

By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
Comments 0
Single Family Naperville  detached homesas of December 15, 2006 Currently there are  157     3 bedroom homes on the market with an average list price of $416,041 and a market time of 144 days. Currently there are 629    4 bedroom homes on the market with an average list price of $734,086 and a ma...

By Scott Gerami, Helping people find their place in the world!
(Compass Real Estate)
Comments 0
After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser. The appraiser looks for three similar houses that have sold in the same area within the ...

By Scott Gerami, Helping people find their place in the world!
(Compass Real Estate)
Comments 1
It is not unusual for homeowners to yield to the temptation to try to sell their own home. It seems easy enough--just place an ad in the weekend paper and wait for buyers to show up. Although it may seem simple, real estate sales transactions are extremely complex proceedings.The first pitfall ca...

By Scott Gerami, Helping people find their place in the world!
(Compass Real Estate)
Comments 1
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are ver...

By Scott Gerami, Helping people find their place in the world!
(Compass Real Estate)
Comments 2
Technical terms can be confusing to people who do not work in a profession, and real estate agents use language that may be confusing to many home buyers and sellers.If you find your eyes glazing over when your real estate agent starts talking about escrow, clear title, easements, encroachments, ...

Naperville, IL Real Estate Professionals