Shorewood, IL Real Estate News

By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Free!       Free!       Free!       Free!       Free!       Free!       Free!       Free!       Free!       Free!       Free!       Free!       Free!     Free!       Free!       Free!       Free!       Free!       Free!       Free!       Free!      Free!       Free!       Home Buyer SeminarJune 16, 2011 6:30 - 7:30 pmAt McColly Real Estate - 119 Capista Dr, Shorewood, IL - Located 1 block north of Black Rd and Route 59Presentations from Select Home Mortgage "Understanding the Lending Process"McColly Community Title "What to Expect at Closing"McColly Real Estate "What You Should Know About Buying In Today's Market"Q & A immediately following presentationsRefreshments Provided by Dunkin' Donuts (Route 59 & Black)Seats are Limited so Please Reserve Yours Today at 815-577-8600 orshorewood@m...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
May 2011 Shorewood IL Home Sale Results June 9, 2011 13 single family homes for sale in Shorewood, IL closed during the month of May showing an increase over the 8 homes sold in April.  May sales ranged from $134,000 to $410,000 with an average sales price of $234,439.  The median sales price, where half the sales were above and half below, was $195,000.  In April the average and median price were both a little over $215,000.  This data (though limited by few sales) may indicate increased real estate activity for the month of May. Shorewood has 30 homes for sale under contract with an average list price of $207,727.  This could translate into higher sales for June, July and August.  111 homes in Shorewood remain for sale with an average list price of $262,932.  No attached homes were so...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
The Chicago suburbs are full of fabulous active adult communities ranging from intimate sized retreats to sprawling resort-style masterpieces. As the Midwest retirement destination, Illinois offers fantastic amenities including outdoor recreation, world-class entertainment, exciting shopping, fabulous golf and more. Del Webb opened Shorewood Glen in 2004 and the area has been experiencing exciting growth ever since. Shorewood is a small suburb of Chicago about 25 minutes from the popular town of Naperville. Transportation to surrounding suburbs is a breeze with easy access to I-55 and I-88. Chicago’s Midway Airport is 30 minutes from the community. Closer to home are numerous attractions including the Joliet Chicagoland Spreedway, Rialto Square Theatre and local casinos. Right across th...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Shorewood IL Real Estate Market Update 4-22-11The Shorewood IL Real Estate market has 146 active detached homes for sale ranging in price from $90,000-$539,000.  Active homes have an current listing average time on market of 222 days and an average list price of $252,000.  Homes under contract in the Shorewood IL Real Estate market have an average of 196 days on market.  In the last 30 days, 9 homes have closed at an average sales price of $230,000 with 202 days average on market.  Homes in Shorewood IL take a little longer to sell than the Will County average which is about 174 days.  However, prices are also higher than the average in Will County.The Shorewood IL Real Estate market has 34 attached homes for sale.  31 active listings have an average list price of $147,000 and have been...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Return To Route 59 Thursday, April 28 to Sunday May 1, 2011Shorewood, IL     The Village of Shorewood has organized a Return to Route 59 weekend to celebrate the completion of road construction along Route 59.  The Return to Route 59 event kicks off with a ribbon cutting at 5pm Thursday, April 28 at the corner of Route 59 and Black Rd (Citibank).  Thursday has been designated as "Ladies Night Out" and begins local venders shopping deals. Following the Return to Rt 59 ribbon cutting ceremony, from 5-8pm the Will County CrackerJacks, a brand new collegiate summer league team, will be at Jimmy John's.  Jimmy John's will offer $1.59 large drinks and buy a sub, get FREE sub card (while supplies last).  Other businesses celebrating deals on Thursday night are Maggie's Place, Amy K Photography...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Last week I attended the Darryl Davis Seminar in Chicago.  3 things I got out of it (in no particular order) 1)  Focus on the process and success will come. 2)  Commit to what can (will) be and forget about the thoughts, beliefs, concerns that hold you back. 3)  Focus buyers on finding the best home they can afford and not on the other stuff.   I just finished reading Jim Frimmer's blog "Is it a good time to buy a home? My answer is not what you might think. " and I thought it was great. The 3rd point above came to mind.  Darryl taught that the buying process can be completely simplified if we focus on the commitment to buying.  Jim's answer to his question was that it is a great time to buy if you're going to LIVE in the home.  A home is not an investment to be worry you over its value...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
Illinois retirees in search of attractively priced homes in a community bursting with amenities will appreciate Shorewood Glen by Del Webb. This active adult neighborhood located in Shorewood, IL is an intimate sized gated community of 765 homes. The location is convenient to everyday amenities including the developing Shorewood Towne Center located right across the street. The Towne Center is planned to feature retail, dining and cultural attractions all within easy walking distance of the community. Shorewood Glen is another premiere example of active adult living at its finest yet at an affordable price point. The homes of this welcoming Illinois active adult community begin in the mid $100’s and go up through the mid $300’s. Buyers can choose from either single family ranch homes or...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Steve Roake, Real Estate Broker ProfileSteve Roake is a Real Estate Broker with McColly Real Estate in Shorewood, IL.  Steve has been working in real estate since 2003.  Steve Roake earned the Illinois Real Estate Broker license in October 2010, is an Accredited Buyer Representative (ABR) and is Short Sale and Foreclosure Resource Certified (SFR).  He specializes in short sales and has programs to help sellers get back into home ownership.Steve Roake believes that technology is the key to success in today's real estate market.  Technology is important because it allows full time REALTORS, like Steve Roake, the ability to interact with clients in a faster and more efficient manner, to extend marketing to every potential buyer and to allow information to reach buyers and sellers more clea...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
Attractively priced homes in a friendly country setting is what you’ll find at Shorewood Glen by Del Webb in Shorewood, Illinois. Located in the quiet far southwestern Chicago suburb of Shorewood, this 55+ community offers reasonably priced ranch homes and the famous Del Webb lifestyle. Shorewood Glen by Del Webb opened in 2004 and is planned for 765 homes upon completion. Today there is a nice selection of resale homes to choose from as well as new construction homes in either single family ranch style or attached ranch duplex style. Prices begin from the mid $100’s and go up to the mid $300’s. The location of this Illinois active adult community is in a quiet suburban area yet is just minutes from everyday conveniences, fantastic golf, world-class shopping, dining and entertainment. R...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
How to Hire the Right Shorewood, IL Short Sale Agent  If you're looking for a short sale agent in Shorewood, IL you'll find a lot of REALTOR® claiming to be an "Expert".   Save yourself some time and take my advice.  Write an email to these agent and ask some general questions.   For example: What is a short sale? What are the alternatives to a short sale? What do I need to list my home as a short sale? Can I get money from the selling my short sale? Hopefully, you'll get several calls or emails back within a day that answer your questions.  Any "expert" that doesn't respond can clearly be left out of your search for a short sale agent. Working as a Shorewood, IL short sale agent I hear and see many mistakes so called "experts" make.  The person hurt by these mistakes is you, the seller...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Real Estate Market News Update12/16/10New support for neighborhoods with high foreclosure rates was announced Wednesday as Federal Reserve, FDIC, Office of the Comptroller of the Currency, and the Office of Thrift Supervision officials issue final ruling.  Through HUD's Neighorbhood Stabilization Program (NSP) additional funding to purchase and rehab foreclosed properties has been made available.  The changes encourage banks to provide services for NSP communities.  In exchange, lenders will acquire credits that will be considered when lenders request approval of applications for new bank branches or for mergers or acquisitions.  HUD's NSP program has received over $7 billion in funding to alleviate problems such as large inventories of vacant homes, declining property values and neighb...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Real Estate Market News Update12/15/10The Home Affordable Modification Program (HAMP) will fall short of its goal of helping 3 to 4 million homeowners.  HAMP has only helped an estimated 700,000.  The Treasury has used only $4 billion of $75 billion that was set aside as part of TARP.  The Congressional Oversight Panel (COP) says that the opportunity to revamp the program expired with TARP on October 3.  Many problems with the program are unfixable and have cost taxpayers money as many helped have re-defaulted.  Each re-default costs thousands of dollars in wasted money as it only delayed the foreclosure and did not avoid it.  8 to 13 million foreclosures are expected by 2012 and will continue to depress home values and real estate activity.A foreclosure report by Foreclosure Radar show...
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By LaNita Cates
(REMAX of Joliet)
For Immediate ReleaseOct. 20, 2010 Contact: Andy Richardson, GR-PR630-789-8899 or arichardson@gr-pr.com Three First Ladies ‘visit' The Timbers of Shorewood   Actress Jenny Riddle portrays Washington wives Jenny Riddle of Elmhurst will portray three famous first ladies - Mary Todd Lincoln, Eleanor Roosevelt, and Jacqueline Kennedy - at 6:30 p.m. Thursday, Nov. 18, at The Timbers of Shorewood, 1100 N. River Rd., Shorewood. Riddle is a dramatic book reviewer who depicts - in character - the lives of famous and historical people. She takes the dramatic book review one step further as she sings the songs made famous by her subjects or sings a parody of a well-known song. On stage, Riddle "wears the hats," both literally and figuratively, of her subjects to develop a complete and complex revi...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Shorewood Foreclosures News: More Homes LostDSnews.com reported that over 7 million homes are 30 or more days delinquent.  A little more than 2 million homes had already started foreclosure proceedings and about 2.5 million that are 90 days past due and about to begin foreclosure.  Currently, Shorewood has 350 homes in foreclosure, according to Realtytrac.com.  47% of these homes are pre-foreclosure and can avoid foreclosure auction.  Short sale is a viable option and many times foreclosure can be delayed.  This allows homeowners a little more time to sell via short sale and protects their credit rating from foreclosure, which may prevent anther home purchase for up to 7 years.Loan modification may also be an option for homeowners who qualify.  Typically, lenders want to see that there ...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Probe Continues as all 50 States Attempt to Stop ForeclosuresThe Chicago Tribune (10/14/10, page 27) reported today that President Obama would likely not take action to stop foreclosures.  The administration believes that the foreclosure moratorium that some banks have voluntarily undertaken will drive prices down more and delay the recovery of the real estate market if there were a nationwide suspension of foreclosures.  In September, 1 in 99 Plainfield homes received a foreclosure filing with 208 homes receiving notice.  This represents a decline in foreclosure activity as there were 266 Plainfield foreclosures in July and 243 in August.  The average price for foreclosures in Plainfield is $169,461, according to Realtytrac.  This represents an average discount of 24% compared to homes...
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By Bill Ness, 55Places.com, Active Adult Community Guide
(55Places.com)
The Midwest is one of Del Webb’s most successful areas for active adult communities. In particular, Illinois is home to four amazingly popular 55+ communities including the intimate Shorewood Glen. This smaller sized active adult community will have 765 homes upon completion giving it a more personal and friendly feel than some of the other larger resort-style communities. Residents appreciate the smaller size of Del Webb Shorewood Glen and enjoy getting to know their new neighbors. The town of Shorewood is a far southwestern suburb of Chicago conveniently located to major highways for quick and easy access to shopping, entertainment, restaurants, casinos, golf and more. The popular Route 59 boasting miles of shopping is just a quick two mile drive from Shorewood Glen. Local highlights ...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Number 1 REALTOR in Shorewood, IL.  ActiveRain Featured Agent Steve Roake.  I have been in Real Estate since 2003 and lived in the Shorewood area for just as long.  I recently earned my Broker's license and have become a Performance Coach for McColly Real Estate.  I have also completed Short Sale and Foreclosure Resource (SFR) training and am an Accredited Buyer Representative (ABR).  I have been blogging for 10 months and have risen to the top of Shorewood REALTORS in Activerain points.  I'm also currently #9 in Will County and rising fast.  Blogging allows me to connect with people who wouldn't otherwise have found me and gets my listings exposure that other agents aren't even aware of.  My listings are consistently in the top 3 results for Google searches, sometimes even for very gen...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
Shorewood, IL Real Estate Market Report 10/10/10Today, Shorewood, IL has 125 single family homes for sale with a median list price of $249,900.  There are 18 homes under contract.  The average market time is 221 days or 7.4 months.  Prices range from $52,500 to $699,000.  See all of these listings at http://www.roakehomes.com  In the last 30 days, 19 homes for sale have closed at a median price of $195,864 and 23 homes have had the listing expire or have been cancelled.  Sold homes had an average list price of $251, 164 and were on the market, on average, for 155 days.  Expired/cancelled Shorewood homes for sale averaged $277,813 with average market time of 289 days.  Of the 19 closings, 8 were distressed with a median sales price of $190,000 and average sales price of $225,768.  The 11...
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Boo!   We double dog dare you to get through this Spook House ...without a scream! All children in the community are invited to come in costume to the Timbers' 4th annual Halloween Spook House from 5-9 p.m. Friday, Oct. 22, and from 5-9 p.m. Saturday, Oct. 23, located in the lower level at The Timbers of Shorewood, 1100 N. River Road, Shorewood. With the assistance of the Kiwanis Club of Shorewood and the Shorewood Exchange Club, staff at The Timbers has transformed its ballroom into a spooky maze filled with ghastly creatures including skeletons, mummies, bleeding zombies, and reapers. A less scary alternative is the first floor Elms Community Room which will convert to a Halloween Game Room for children, toddler to age 10. Games, crafts and fun will take place, and refreshments will b...
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By Steve Roake, Make Moving Easy!
(The Freedom Group - Keller Williams Realty Infinity)
        Super Sunday Open Houses in Shorewood & Joliet Sunday October 10th from 12-3pm McColly Real Estate's Super Sunday Open house will pay $1,000 to one lucky open house attendee.  Contest rules can be found at www.mccolly.com/supersunday or see agent for details.  Just attend any McColly open house to register. Homes for sale in Shorewood and Joliet that will be open for viewing are:   1202 Country Drive, Shorewood.  Located just west of River Road between Black and Jefferson, this 2480 square foot, 4 bedroom, 2.5 bath home features a .51 acre lot.  The backyard is fantastic with 6' privacy fence, wood deck, paver patio, gazebo with spa, storage shed and playground.  The home also has a 2 car garage, basement, 1st floor laundry, stereo surround speakers in the family room, wainscot...
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