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Sterling, Rock Falls, Dixon Real Estate Report 01/08/2008-01/15/2008

01-16-08

Sterling, Illinois Real Estate- Brian Corwell

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Office: (815) 625-3722

Mobile: (815) 716-0772
Secondary: (815) 716-0772

Sterling, Rock Falls and Dixon, Illinois Market Survey Report

Real Estate Survey of Whiteside and Lee County Town Real Estate for Sale

Week of January 8, 2008 - January 15, 2008

CITY	New and Back on Market 2008 / 2007	Went To Pending 2008 / 2007	Went to Expired 2008 / 2007	Went to Closed 2008 / 2007
Sterling	16/11	4 / 2	7 / 8	2 / 5
Rock Falls	13 / 13	4 / 6	4 / 6	2 / 4
Dixon	16 / 6	2 / 6	10 / 13	2 / 2

This chart shows the total sales volume for the second week of January 2008 as compared to the same time in 2007. Year to date graph will follow. The market data for real estate and homes for sale in Sterling, Rock Falls and Dixon was pulled from the Sauk Valley Association of Realtors as of a 5:30 P.M. download and all information is believed to be accurate but not warranted.

As you can see there is little market change. Some of the new listings may be carry over from the previous year and also includes back on market which includes a listing that may have expired prior to January 8, 2008 and re-listed prior to January 15, 2008.

If you are thinking about buying or selling feel free to give me a call.

You can take a look at any of the listings in Sterling, Rock Falls and Dixon as well as a host of other real estate information at any time at my web portal.

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Sterling Illinois Schools

01-05-08

Sterling, Illinois Real Estate- Brian Corwell

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Office: (815) 625-3722

Mobile: (815) 716-0772
Secondary: (815) 716-0772

LOCAL SCHOOLS INFORMATION AND REPORT CARDS

For the Community of Sterling, Illinois

If you are thinking of a move to a home in Sterling, Illinois, or have a question about Sterling, Illinois Schools you are at the right place.

Known as Community Unit School District #5, the local system is a unit system with approximately 3600 students in kindergarten through high school.

It is made up of 6 schools buildings that are all in the city limits of Sterling and has four elementary schools that are divided into two K-2 and two grades 3-5 attendance centers.

Franklin Elementary is a K-2 school located on the north end of the city at 1510 E. 25^th Street. Stop in and visit the on-line school or take a look at the recent report card. The Principal is Lisa Vasquez. The schools phone number is 815-625-5755

Jefferson Elementary is the other K-2 school located near the center of the city and the middle school It is located at 806 E. LeFevre in Sterling. Stop in and visit the on-line school or take a look at the recent report card. The principal is Ron Rick and the school telephone number is 815-625-6402

Lincoln Elementary is for grades 3-5 and is located at 1501 E. 6^th Street in Sterling. Stop in and visit the on-line school or take a look at the recent report card. The principal is Kathy Howard ad the school telephone number is 815-625-1449.

Washington Elementary is also for grades 3-5 and is located at 815 W. LeFevre in Sterling. Stop in and visit the on-line school or take a look at the recent report card. The principal is Pat Fortney. The school telephone number is 815-625-2372.

Challand Middle School is for grades 6-8 and is centrally located in the district. The school is located at 1700 6^th Ave. in Sterling. Innovative policies and many programs for the students are available. Please take time to stop in and visit the on-line school or take a look at the recent report card. You can also review the student handbook and get all the rest of the information on this school.

Finally, Sterling High School, with its large campus, has many great academic, fine arts and athletic programs. The school is located at The high school offers a large, dual purpose, outdoor sports facility for football as well as track, baseball and tennis. You can visit the on-line school or take a look at the recent report card.

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Whiteside and Lee County Illinois 2007 Market Reports

01-05-08

Sterling, Illinois Real Estate- Brian Corwell

view my blog
Office: (815) 625-3722

Mobile: (815) 716-0772
Secondary: (815) 716-0772

Whiteside and Lee County Illinois

2007 Marketing Numbers

Serving the communities of Sterling, Rock Falls, Dixon Real Estate

The final numbers are in on the total sales volume of homes in Sterling, Rock Falls, Dixon, Morrison and Tampico as well as other of the smaller communities in Illinois in Whiteside and Lee Counties.

Counties	2006 Closed Listings	2007 Closed Listings	2006 Avg. Price	2007 Average Price	2006 Days on Market	2007 Days on Market
Whiteside	659	606	$86,917	$89,217	109	106
Lee	381	379	$104,631	$104,829	106	106
TOTALS	1040	985
		(-5.3%)

The lowest sale price in 2007 in Whiteside County, Illinois was $6,000 and the highest sale price was $630,000 .

The lowest sale price in 2007 in Lee County, Illinois $4,000 and the highest sale price was $410,000

All data was pulled from the Sauk Valley Association of REALTORS® on 01/05/2008. All information is believed to be accurate but is not warranted. For additional listing information go to the Sterling, Illinois Real Estate Home Site.

The following table breaks the counties down to the largest communities in each of the counties. Dixon is the only one in Lee County

City	2006 Closed Listings	2007 Closed Listings	2006 Average. Price	2007 Average Price	2006 Days on Market	2007 Days on Market
Sterling	317	299	$95,637	$102,192	107	99
Rock Falls	209	184	$75,874	$75,387	101	91
Dixon	284	303	$103,345	$104,655	100	102
Morrison	68	80	$93,665	$101,894	119	161
Prophetstown	32	25	$83,898	$91,609	102	122
Tampico	20	25	$70,105	$66,732	168	121

The lowest sale price home in Sterling, Illinois in 2007 was $10,500 and the highest sale price home in Sterling, Illinois was $531,000

The lowest sale price home in Rock Falls, Illinois in 2007 was $9,200 and the highest sale price home in Rock Falls, Illinois was $630,000.

The lowest sale price home in Dixon, Illinois in 2007 was $4000.00 and the highest sale price was $393,000.

The lowest sale price home in Morrison, Illinois in 2007 was $6,000 and the highest sale price was $460,000.

The lowest sale price home in Prophetstown, Illinois in 2007 was $25,000 and the highest sale price was $185,000.

The lowest sale price home in Tampico, Illinois in 2007 was $14,365 and the highest was $192,000.

For more information about the state of Sterling, Illinois Real Estate as well as other local news simple LOG ONTO one of the areas most comprehensive real estate site. Your 24/7 portal to all the homes for sale in Sterling, Rock Falls, Dixonas well as other areas of Whiteside and Lee Counties in Illinois.

Brian Corwell

RE/MAX Sauk Valley

Sterling, Illinois Real Estate and Home Seller

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New Laws for Illinois Home Sellers

01-01-08

Sterling, Illinois Real Estate- Brian Corwell

view my blog
Office: (815) 625-3722

Mobile: (815) 716-0772
Secondary: (815) 716-0772

NEW LAWS REGARDING REAL ESTATE

In 2008 for State of Illinois

Hello all Sterling Illinois Homes buyers and sellers.

If you own a home and are planning to sell, or are buying a home in Illinois a recent change to Illinois law is of importance to you. Effective January 1, 2008, all sellers of residential property in Illinois must provide buyers with a completed Radon Disclosure Form. This form is much like the lead base form and provides for the seller to inform any potential buyer of any known information about the presence of radon in a home. This act is known as the Illinois Radon Awareness Act. Much of what is here is pretty scientific. In order to save time I have given you the quick version of this law as well as RADON. I have included links to the important details throughout this article. Please click on the BLUE links throughout to get the full facts.

If you are making or are planning to make an offer on a property whether the home is in Sterling, Rock Falls, Dixon, or any other area of Illinois or the country for that matter, if you do not ask for a RADON test at time of offer, your opportunity may be lost. Be sure to consult your real estate agent for advice and the cost involved in a RADON test in your area.

So what is RADON? Radon is a radioactive element that is part of the radioactive decay chain of naturally occurring uranium in soil. Since RADON can't be seen, smelled or tasted it must be detected. High levels of RADON is believed to be a carcinogenic agent. Levels that fall above the USEPA action level for radon is 4.0 picocuries per liter of air (pCi/L). The risk of developing lung cancer at 4.0 pCi/L is estimated at about 7 lung cancer deaths per 1000 persons. That is why USEPA and IEMA recommends reducing your radon level if the concentration is 4.0 pCi/L or more.

There are several ways to TEST for RADON. The most effective is to hire a trained radon inspection service. They will have the experience, training and the equipment to conduct a controlled test. Your local Sterling Illinois Realtor can provide you the names of several companies that can provide you with this service. If you want a low cost simple test, kits are available in a number of places including most hardware stores.

So what do I do if my house tests above the action level of 4.0 pCi/L? Relax, all is not lost. You will want to consult a trained RADON MITIGATION SPECIALIST they are specially trained to install the needed equipment to bring the RADON to acceptable levels. Costs to cure run from around $800 up to several thousand. Once again, each area of the country is different on how a positive test result is handled.

This report once again is a quick version of RADON and the new Illinois law. Be sure that you consult your REALTOR or attorney when purchasing your home.

Information about this new law is available for consumers by clicking here.

I have attached the law below... HAPPY READING...

Brian Corwell

Sterling Illinois Homes for sale

Sterling, Illinois Real Estate for you

www.briancorwell.com

NUCLEAR SAFETY
(420 ILCS 46/) Illinois Radon Awareness Act

(420 ILCS 46/1)
Sec. 1. Short title. This Act may be cited as the Illinois Radon Awareness Act.
(Source: P.A. 95‑210, eff. 1‑1‑08.)

(420 ILCS 46/5)
Sec. 5. Definitions. As used in this Act, unless the context otherwise requires:
(a) "Agent" means a licensed real estate "broker" or "salesperson", as those terms are defined in Section 1‑10 of the Real Estate License Act of 2000, acting on behalf of a seller or buyer of residential real property.
(b) "Buyer" means any individual, partnership, corporation, or trustee entering into an agreement to purchase any estate or interest in real property.
(c) "Final settlement" means the time at which the parties have signed and delivered all papers and consideration to convey title to the estate or interest in the residential real property being conveyed.
(d) "IEMA" means the Illinois Emergency Management Agency Division of Nuclear Safety.
(e) "Mitigation" means measures designed to permanently reduce indoor radon concentrations according to procedures described in 32 Illinois Administrative Code Part 422.
(f) "Radon hazard" means exposure to indoor radon concentrations at or in excess of the United States Environmental Protection Agency's, or IEMA's recommended Radon Action Level.
(g) "Radon test" means a measurement of indoor radon concentrations in accordance with 32 Illinois Administrative Code Part 422 for performing radon measurements within the context of a residential real property transaction.
(h) "Residential real property" means any estate or interest in a manufactured housing lot or a parcel of real property, improved with not less than one nor more than 4 residential dwelling units.
(i) "Seller" means any individual, partnership, corporation, or trustee transferring residential real property in return for consideration.
(Source: P.A. 95‑210, eff. 1‑1‑08.)

(420 ILCS 46/10)
Sec. 10. Radon testing and disclosure.
(a) Except as excluded by Section 20 of this Act, the seller shall provide to the buyer of any interest in residential real property the IEMA pamphlet entitled "Radon Testing Guidelines for Real Estate Transactions" (or an equivalent pamphlet approved for use by IEMA) and the Illinois Disclosure of Information on Radon Hazards, which is set forth in subsection (b) of this Section, stating that the property may present the potential for exposure to radon before the buyer is obligated under any contract to purchase residential real property. Nothing in this Section is intended to or shall be construed to imply an obligation on the seller to conduct any radon testing or mitigation activities.
(b) The following shall be the form of Disclosure of Information on Radon Hazards to be provided to a buyer of residential real property as required by this Section:

DISCLOSURE OF INFORMATION ON RADON HAZARDS

(For Residential Real Property Sales or Purchases)

Radon Warning Statement

Every buyer of any interest in residential real property is notified that the property may present exposure to dangerous levels of indoor radon gas that may place the occupants at risk of developing radon‑induced lung cancer. Radon, a Class‑A human carcinogen, is the leading cause of lung cancer in non‑smokers and the second leading cause overall. The seller of any interest in residential real property is required to provide the buyer with any information on radon test results of the dwelling showing elevated levels of radon in the seller's possession.

The Illinois Emergency Management Agency (IEMA) strongly recommends ALL homebuyers have an indoor radon test performed prior to purchase or taking occupancy, and mitigated if elevated levels are found. Elevated radon concentrations can easily be reduced by a qualified, licensed radon mitigator.

Seller's Disclosure (initial each of the following which applies)
(a).......... Elevated radon concentrations (above EPA or IEMA recommended Radon Action Level) are known to be present within the dwelling. (Explain)
(b).......... Seller has provided the purchaser with all available records and reports pertaining to elevated radon concentrations within the dwelling.
(c).......... Seller has no knowledge of elevated radon concentrations in the dwelling.
(d).......... Seller has no records or reports pertaining to elevated radon concentrations within the dwelling.

Purchaser's Acknowledgment (initial each of the following which applies)
(e).......... Purchaser has received copies of all information listed above.
(f).......... Purchaser has received the IEMA approved Radon Disclosure Pamphlet.

Agent's Acknowledgment (initial) (if applicable)
(g).......... Agent has informed the seller of the seller's obligations under Illinois law.

Certification of Accuracy
The following parties have reviewed the information above and each party certifies, to the best of his or her knowledge, that the information he or she provided is true and accurate.
Seller Date Seller Date
Purchaser Date Purchaser Date
Agent Date Agent Date

(c) If any of the disclosures required by this Section occurs after the buyer has made an offer to purchase the residential real property, the seller shall complete the required disclosure activities prior to accepting the buyer's offer and allow the buyer an opportunity to review the information and possibly amend the offer.
(Source: P.A. 95‑210, eff. 1‑1‑08.)

(420 ILCS 46/15)
Sec. 15. Applicability. This Act shall only apply to transfers by sale of residential real property.
(Source: P.A. 95‑210, eff. 1‑1‑08.)

(420 ILCS 46/20)
Sec. 20. Exclusions. The provisions of this Act do not apply to the following:
(1) Transfers pursuant to court order, including, but

not limited to, transfers ordered by a probate court in administration of an estate, transfers between spouses resulting from a judgment of dissolution of marriage or legal separation, transfers pursuant to an order of possession, transfers by a trustee in bankruptcy, transfers by eminent domain, and transfers resulting from a decree for specific performance.

(2) Transfers from a mortgagor to a mortgagee by deed

in lieu of foreclosure or consent judgment, transfer by judicial deed issued pursuant to a foreclosure sale to the successful bidder or the assignee of a certificate of sale, transfer by a collateral assignment of a beneficial interest of a land trust, or a transfer by a mortgagee or a successor in interest to the mortgagee's secured position or a beneficiary under a deed in trust who has acquired the real property by deed in lieu of foreclosure, consent judgment or judicial deed issued pursuant to a foreclosure sale.

(3) Transfers by a fiduciary in the course of the

administration of a decedent's estate, guardianship, conservatorship, or trust.

(4) Transfers from one co‑owner to one or more other

co‑owners.

(5) Transfers pursuant to testate or intestate

succession.

(6) Transfers made to a spouse, or to a person or

persons in the lineal line of consanguinity of one or more of the sellers.

(7) Transfers from an entity that has taken title to

residential real property from a seller for the purpose of assisting in the relocation of the seller, so long as the entity makes available to all prospective buyers a copy of the disclosure form furnished to the entity by the seller.

(8) Transfers to or from any governmental entity.
(Source: P.A. 95‑210, eff. 1‑1‑08.)

(420 ILCS 46/99)
Sec. 99. Effective date. This Act takes effect January 1, 2008.
(Source: P.A. 95‑210, eff. 1‑1‑08.)

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All Neighbors in Sterling, IL

Top Neighbors: The magic behind the mirrors

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Sterling, IL

Sterling, Rock Falls, Dixon Real Estate Report 01/08/2008-01/15/2008

Sterling Illinois Schools

Whiteside and Lee County Illinois 2007 Market Reports

New Laws for Illinois Home Sellers

Top Neighbors

Pictures of Sterling

Sterling, IL Real Estate Guide

Map of Sterling, IL

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