Well, well...nothing like speculation to throw a wrench into things...but as I type this the only remaining hurdle on extending the Home Buyer Credit is if our Prez can't remember how to use a fountain pen...but as little credit as I give 'em, I think signing his name should be a 'gimme'.
.... AND (note intentional use of bold,underlined, capital letters to keep your attention from drifting...) the credit being offered to move up buyers.....a few rules to follow so read with me here...:
The legislation that was recently cleared makes move-up buyers as well as first-time buyers eligible for a credit. The $8,000 maximum first-timer credit will continue and will now be available to couples with income up to $225,000, a nearly $55,000 increase above the level in existing law. A new $6,500 maximum credit would also be available to move-up homeowners who have lived in their current residence for five of the prior eight years.
YES!!!...sing it James! "I feel Good"....
Lets roll right into this months edition of :
By The Numbers...
For October 2009 Single Family Detached Homes (Information courtesy of MLSNI)
Naperville
Active Listings:978 (as of 10/31/09)
Sold(10/01/09-10/31/09): 103
Months Supply(Act/Sold): 9.49 Months
High Sold Price: $1,375,000
Average Sale: $433,462
Average Market Time: 147
October 09 Top Subdivision (sales): Tall Grass (9), several tied at (3)
Aurora
Active Listings: 1146 (as of 10/31/09)
Sold (10/01/09-10/31/09): 135
Months Supply(Act/Sold): 8.48 Months
High Sold Price: $905,000
Average Sale: $192,041
Average Market Time: 146
October 09 Top Subdivision (sales): Hometown (6),several tied at (4)
Plainfield
Active Listings: 852 (as of 10/31/09)
Sold (10/01/09-10/31/09): 86
Months Supply(Act/Sold): 9.907 Months
High Sold Price: $425,000
Average Sale: $226,050
Average Market Time: 171 Days
October 09 Top Subdivision (sales):Lakewood Falls(6),Grande Ponte (5),Wesemer(4)
Oswego
Active Listings: 284 (as of 10/31/09)
Sold (10/01/09-10/31/09): 29
Months Supply (Act/Sold): 9.79 Months
High Sold Price: $359,000
Average Sale: $235,465
Average Market Time: 202 Days
October 09 Top Subdivision (sales): Several tied at (2)
So, my good fellows and ladies, what has been going on with you?
Talk to me-
-Dawg-
Shane Mann Ruff
Realtor®
Relocation Certified
967 West 75th Street
Naperville, Illinois 60565
Cell 630-846-1450
VM 630-637-2547
Fax 630-532-6670
"Let THE RUFFHOUSING TEAM do the TUFF work for you!"
"Your Professional Full Service Realtor®" Providing a superior level of informed, professional real estate services to buyers and sellers in the greater Naperville, Aurora, Plainfield and Oswego area
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
