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Illinois

Naperville Real Estate Market Overview February 2012

03-13-12
Linda Kemp
Linda Kemp: Real Estate Agent in Naperville, IL

If you live in Naperville or if you are thinking about making this great city your home, you might want to keep up-to-date on what's going on in the real estate market. Are you looking for current information? Are you looking to sell your home and can't decide whether this is the right time for you and your family?

Naperville Illinois



Have you thought about purchasing a home but need more information? Then this is the site for you! You will find helpful statistics that will open your eyes to the reality of what's sold and what is selling.

I have included some great information on what has sold and the price ranges, days on market, month to month comparisons, and year ending comparisons. This information does not target individual subdivisions but is meant to be an overall view of the Naperville market.

So, grab yourself a cup of Joe, get comfortable and click on: February 2012 Area Market Overview. While you're there feel free to search for properties in Naperville and any/all surrounding towns. Need more information? Click here to find and you will find links to all of School Districts, villages, cities and towns! One stop shopping compliments of Linda Kemp and Success Group Homes!

If you are interested in finding out what your home is worth or you are looking to buy a home, it is always my pleasure to help you! Call Linda Kemp today at 630.688.5121. We love referrals too!

Lisle Illinois Real Estate Market Overview February 2012

03-13-12
Linda Kemp
Linda Kemp: Real Estate Agent in Naperville, IL

If you live in Lisle or if you are thinking about making this great city your home, you might want to keep up-to-date on what's going on in the real estate market. Are you looking for current information? Are you looking to sell your home and can't decide whether this is the right time for you and your family?

Lisle Illinois



Have you thought about purchasing a home but need more information? Then this is the site for you! You will find helpful statistics that will open your eyes to the reality of what's sold and what is selling.

I have included some great information on what has sold and the price ranges, days on market, month to month comparisons, and year ending comparisons. This information does not target individual subdivisions but is meant to be an overall view of the Lisle market.

So, grab yourself a cup of Joe, get comfortable and click on: February 2012 Area Market Overview. While you're there feel free to search for properties in Lisle and any/all surrounding towns. Need more information? Click here to find and you will find links to all of School Districts, villages, cities and towns! One stop shopping compliments of Linda Kemp and Success Group Homes!

If you are interested in finding out what your home is worth or you are looking to buy a home, it is always my pleasure to help you! Call Linda Kemp today at 630.688.5121. We love referrals too!

Bolingbrook Real Estate Market Overview February 2012

03-13-12
Linda Kemp
Linda Kemp: Real Estate Agent in Naperville, IL

If you live in Bolingbrook or if you are thinking about making this great city your home, you might want to keep up-to-date on what's going on in the real estate market. Are you looking for current information? Are you looking to sell your home and can't decide whether this is the right time for you and your family?

Bolingbrook Illinois



Have you thought about purchasing a home but need more information? Then this is the site for you! You will find helpful statistics that will open your eyes to the reality of what's sold and what is selling.

I have included some great information on what has sold and the price ranges, days on market, month to month comparisons, and year ending comparisons. This information does not target individual subdivisions but is meant to be an overall view of the Bolingbrook market.

So, grab yourself a cup of Joe, get comfortable and click on: February 2012 Area Market Overview. While you're there feel free to search for properties in Bolingbrook and any/all surrounding towns. Need more information? Click here to find and you will find links to all of School Districts, villages, cities and towns! One stop shopping compliments of Linda Kemp and Success Group Homes!

If you are interested in finding out what your home is worth or you are looking to buy a home, it is always my pleasure to help you! Call Linda Kemp today at 630.688.5121. We love referrals too!

Aurora Illinois Real Estate Market Overview February 2012

03-13-12
Linda Kemp
Linda Kemp: Real Estate Agent in Naperville, IL

If you live in Aurora or if you are thinking about making this great city your home, you might want to keep up-to-date on what's going on in the real estate market. Are you looking for current information? Are you looking to sell your home and can't decide whether this is the right time for you and your family?

Aurora Illinois



Have you thought about purchasing a home but need more information? Then this is the site for you! You will find helpful statistics that will open your eyes to the reality of what's sold and what is selling.

I have included some great information on what has sold and the price ranges, days on market, month to month comparisons, and year ending comparisons. This information does not target individual subdivisions but is meant to be an overall view of the Aurora market.

So, grab yourself a cup of Joe, get comfortable and click on: February 2012 Area Market Overview. While you're there feel free to search for properties in Aurora and any/all surrounding towns. Need more information? Click here to find and you will find links to all of School Districts, villages, cities and towns! One stop shopping compliments of Linda Kemp and Success Group Homes!

If you are interested in finding out what your home is worth or you are looking to buy a home, it is always my pleasure to help you! Call Linda Kemp today at 630.688.5121. We love referrals too!

Mortgage Write-Downs Targeted At $10 Billion

Michael Hobbs: Appraiser in Chicago, IL

In case you didn't hear the news, those in need may finally be getting some relief.

As noted in a recent housingwire.com article, "The attorney generals and the Justice Department, as well as the Obama administration officials want the principal reductions to happen sooner rather than later. And they built in the higher incentives to urge the servicers to cooperate."

In regards to the top five servicers, there is a commitment to achieve $10 billion in principal reduction credits under the agreement.

Why is this important? Because there are 11.1 million underwater borrowers in the fourth quarter, which is up from 10.7 million three months prior.

"Negative equity will take an extended period of time to improve, and if there is a hiccup in the economic recovery, it could mean a rise in foreclosures," said CoreLogic Chief Economist Mark Fleming.

So, whether you are one who is need, know a client or prospect who is in need, or just care about the housing market, this has the potential to help turns things around and slow the tide of strategic defaults and short sales.

Michael Hobbs, PahRoo Appraisal & Consultancy