About Saint Clair County, IL

802 Joliet Drive Cahokia, IL 62206 Price $89,900
Single Family Home, 3 Beds, 1 Baths, 1390 sq. ft., MLS# 3001307

Description

Seller is willing to credit buyer $3000 at closing to update electric or as closing costs in liu of making any repairs. Furniture to stay with home except piano.Home has open floor plan, two working fireplaces, bay window, ceramic floor, hardwood floors, crown molding, space to add a 2nd bathroom, wood celing with beams, skylights and dry bar in family room.newer roof, newer furnace and a/c.Large shed with electric.Dishwasher, microwave, gas range, refrigerator.and washer stayZoned heating.Fenced backyard.

Features

• Dining Room: Main, Ceramic
• Total Baths: 1
• Water Heater: Gas
• Bedroom 2 Flooring: Carpet
• Living Room: Main, Wood
• Kitchen: Ceramic, Main
• Utility Room Dimensions: 10 X 4
• Bedroom 3 Dimensions: 11 X 10
• Amenities: Shed
• Roofing: Arch Shingle
• Bedroom 3 Flooring: Carpet
• Sewer: Public Sewer
• Property Features: Bar:dry, Ceiling:beamed, Ceiling:cathedral, Fireplace, Foyer Entry, Home Theater, Skylights, Wndw:ba
• Family Room Dimensions: 22 X 14
• Bedroom 1: Main, Carpet
• Water: Public
• Bedroom 2 Dimensions: 11 X 12
• Bedroom 1 Dimensions: 12 X 12
• Cooling: Central Air, Window Unit
• Bedroom 3 Level: Main

• Kitchen Dimensions: 11 X 14
• Dining Room Dimensions: 12 X 13
• Fuel: Gas
• Living Room Dimensions: 14 X 23
• Lot Size: 80x117
• Bedroom 2 Level: Main
• Heating: Forced Air, Wall, Zoned
• Appliances: Gas Range, Microwave, Refrigerator, Washer
• Finished Sqft: 1390
• Family Room: Main
• Utility Room: Carpet, Main
• Driveway: Asphalt
• Full Bath Level: Main
• Family Room Flooring: Carpet
• Exterior Finish: Brick Combo
• Fireplace: 2
• Basement: Crawl
• Rooms: 7
• Stories: 1 Story
  
  Paul Walker, Broker Associate
  Realty Executives of Metro East
  1109 Hartman Ln, Suite 200
  Belleville, IL 62221
  Phone: 618-409-0510
  Email: Paul.Walker@RealtyExecutives.com
  www.southwestillinoishomes.com
  www.metroeastillinoishomes.com
  www.metroeastareahomes.com
  

January 2010 Metro East Housing Statistics

A new report from the Urban Land Institute predicts two major changes in the U.S. housing

market as we began a new decade.

 Home appreciation will slow considerably to about 1 percent to 2 percent annually.

 The current U.S. homeownership rate, now at 67 percent (which is down from a record

high of 69 percent), will fall further to about 62 percent.

4 Major Demographic Trends

The report also cites four major U.S. demographic trends that will have a major impact on housing.

1. Aging baby boomers (ages 55 to 64 years old):

forced to stay in their suburban homes until values recover. Those who are able to move will

choose mixed-age living environments that cater to active lifestyles. Walkable suburban town

centers also will appeal to this group.

2. Younger baby boomers (46 to 54 years old):

years but they will lack home equity and unlike the older members of their generation, they won't

be able to purchase second homes. This will likely curb the prospects for the second-home

market.

3. Generation Y:

million). As they enter the housing market, they are less interested in homeownership than their

parents were when they were young adults. "They will be renters by necessity or choice for years

ahead," says John K. McIlwain, author of the report.

4. Immigrants - both legal and illegal

multi-generational households and if they can afford them, larger homes in neighborhoods with a

strong sense of community.

Paul Walker, Broker Associate since 1997
Realty Executives of Metro East
1109 Hartman Ln, Suite 200
Shiloh, IL 62221
(618) 409-0510

Good news!

19 homes closed in January in O'Fallon IL. Even better, this is up 6 from the January 2009 total of 13.

Of the 19 , all were re-sale. Average market time was 181 days.

Bad news!

Prices are down. Average sales price for Jan 2010 was $136,000 down from $157,000 for Jan 2009.

As I mentioned above 19 homes closed in Jan 2010, this is up from 2009 and in line with 2008 numbers.

Price still continues to dictate what is selling. This trend should hold steady thru the first quarter of 2010.

So all things considered...not bad there are signs of life. Currently there are 37 homes under contract in O'Fallon IL. Showing activity is strong and interest rates are still very attractive.

Stay Warm!

Greetings!

There is no escaping the images of loss and destruction from the earthquake in Haiti. The response has been overwhelming to say the least. In an effort to assist even further we are collecting shoes. So look in your closet, look under your bed. In my case take it away from the dog.

Chances are there is something for your feet you no longer need but can be put to very good use. No worries we won't comment on your choices in footwear. Both of our offices have been set up as drop off locations or just email us and we will come by and pick them up for you.

Thank you in advance for your continued support.

1668 Windham Way

O'Fallon IL 62269 (map it)

4 Emerald Terrace

Swansea IL 62226 (map it)

Regards,

On the evening news the other night, an item from Pittburg, KS caught my eye.  What looked like a psychedelic 1,000 legger approached people on the street, which caused some to run and some to gawk.  It was performance artist Jimmy Kuehnle wearing an inflatable suit to challenge people's perceptions and make them think.

As the artist puts it, "Our ways of thinking are very much in a routine and this is to break you out of your routine by walking the line between shocking and the absurd."  You recognize a tree as a tree or a truck as a truck but, the big orange creature defies categorization."Now," continues Kuehnle, "you're mind [is]vulnerable and new thoughts can happen.  You might remember that five minutes later, it might change what you're going to do tomorrow.  You never know, so that's the point of it."

The suit is one in a series of inflatable costumes that that artist has worn around the country. Powered by 12v blower motors, the suits allow Kuehnle to glide along the ground and fit in small space.  Brightly colored, the suits attract the attention of pedestrians and aim to foster creative thinking.  

Absurd times provoke absurd reactions and absurd solutions.   With economic challenges in our country that hit real estate agents head on, there is a need for fresh thinking in how to approach our clients. 

As real estate professionals, we aren't likely to put on funny suits but we still must work out creative solutions with our clients who are faced with foreclosure or with the desire to buy a home with limited ability to get a mortgage.