Bloomingdale, IL

168 days remain!

As many of you have already heard, the Homebuyer Tax Credit has been extended! You must be under contract on a property by April 30, 2010 and close before July 1, 2010. Read over the other details of the credit:

• First-time Homebuyers are those who have not owned a residence in the past 3 years. The credit amount is 10% of the purchase price, with a maximum of $8,000. So if you purchase a $70,000 condo, your credit would be $7,000. If you purchase a $300,000 single family home, your credit would be $8,000.
• Current Homeowners, who have lived in the home for 5 of 8 consecutive years and want to sell that home, are eligible for a $6500 tax credit. If you have been thinking of moving, whether it is to move up, or down-size, this is a wonderful incentive.
• Income limits have been raised to $125,000 for single filers, and $225,000 for join filers.
• For those in the military who have served outside of the United States for at least 90 days, the credit is extended until June 30, 2011.

So here is your opportunity! Interest rates are still low, there are plenty of homes on the market to choose from, and you can benefit from the credit.

To start your search today, go to: www.ExecRealtyHomes.com

Bloomingdale Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of November 6, 2009.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active

If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active

Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Bloomingdale Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Property Type: Detached Single, Attached Single Area: Bloomingdale Months Back: 12 Months

Active Listings

Detached Single

Bedrooms # Active Avg. LP Avg. MT All 113 $489,116 224 2 or Less 5 $380,740 141 3 36 $348,763 220 4 54 $528,383 193 5 or More 18 $682,128 349

Attached Single

Bedrooms # Active Avg. LP Avg. MT All 175 $245,072 229 2 or Less 117 $216,041 216 3 58 $303,636 254

Off-Market Listings

Detached Single

Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 98 68% $434,953 $368,751 $345,815 94% 80% 173 $532,778 29% 2 or Less 5 100% $291,920 $282,920 $273,000 96% 94% 44 0% 3 38 76% $330,262 $291,611 $274,284 94% 83% 150 $376,683 20% 4 44 60% $483,422 $402,628 $375,776 93% 78% 218 $553,762 37% 5 or More 11 69% $667,756 $538,745 $506,173 94% 76% 128 $785,700 31%

Attached Single

Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 99 54% $237,674 $207,872 $194,523 94% 82% 214 $245,851 44% 2 or Less 69 55% $213,059 $190,144 $178,428 94% 84% 221 $213,867 42% 3 29 50% $291,850 $246,015 $229,527 93% 79% 181 $307,614 50% 4 1 100% $365,000 $325,000 $290,000 89% 79% 679 0%

There is plenty to do this year on Halloween, let's just hope for warm weather! Below are a list of events in Bloomingdale you should check out:

Bloomingdale Police and Fire Open House(corner of Bloomingdale and Fairfield Rds)

10:00 AM to 2:00 PM

Tour the police and fire station and play games! Children should wear their costume for trick or treating. For more information, visit: http://www.villageofbloomingdale.org/sites/default/files/PD-FDHalloweenOpenHouseFlyer.pdf

Startford Crossing in Bloomingdale Trick or Treating Event (corner of Gary and Schick Rds)

12:00 PM to 3:00 PM

Wear your costume to go trick or treating. And there is even a pet costume contest. For more information, go to www.stratfordcrossing.com.

Trick or Treating Official Hours

3:00 PM to 7:00 PM

Remember to play it safe, watch for children in the roads and inspect children's Halloween bags.

Official Eating of the Halloween candy

7:00 PM to....

Well some of you may start sooner! Wishing everyone a safe and happy Halloween!

Aleksandra de Leon

Some of the subjects covered:

* Roles of the Lender/Mortgage Broker
* Credit
* Pre-Approval
* Roles of the Real Estate Agent
* Searching for Properties
* Contracts
* Negotiation
* Closing

Class Location: Carol Stream, IL
Hampton Inn, Conference Room #112, 205 West North Avenue, Carol Stream, IL

• Tuesday, November 17th at 6:30 p.m.