Molly Sabatino

that is the question. How often to do it, the benefits of blogging and does it help grow your business?

For those who wanted to know what the market is like in Geneva, IL I pulled all Attached and Detatched sales since January 1, 2009 from Connect MLS MRED (Midwest Real Estate Data)

Sold Properties

Sold Price Range # Listings Avg. Days on Mkt Less than $149,999 3 123 $150,000 - $199,999 8 157 $200,000 - $249,999 15 120 $250,000 - $299,999 20 212 $300,000 - $349,999 17 148 $350,000 - $399,999 16 192 $400,000 - $449,999 3 351 $450,000 - $499,999 1 181 $500,000 - $549,999 1 333 $550,000 - $599,999 2 254 $600,000 - $699,999 1 1271 $800,000 - $899,999 2 261 $1,000,000 - $1,999,999 1 96

Sold Properties Summary

# Units Avg. MT Median Sold Price Avg. Sold Price Max. Sold Price Min. Sold Price Total Volume 90 191 $297,450 $322,256 $1,345,500 $84,000 $29,003,004

Recently the media has overloaded us with negative news about the real estate market. I wanted to take a minute and show you there are good things going on in this market.

This is a great time to start building wealth by investing in real estate. Home prices have dropped considerably in the last year. For example, in Kane County, Illinois the average sales price has dropped 9.6% in the last year and in DuPage County, Illinois the average sales price has dropped 6.5% in the last year.

Many people are taking advantage of the 3.5% down FHA loan and buying that new home they have had their eye on, while keeping their existing home as a rental property.

Other people are using combining the lowest interest rates in over 40 years and the lower home prices to buy homes or multi-unit buildings to rent out.

Also, First time home buyers can qualify for an $8000 tax credit when the purchase a home before December 1, 2009.

There has never been a better time to buy.

Check out the most recent market statistics for St. Charles, Illinois. These numbers include both detached and attached homes.

There are 718 ACTIVE listings ranging between $4,500 and $3,995,000. (St. Charles has some Co-Op Townhomes)

There are 88 homes UNDER CONTRACT between $139,000 and $1,399,900.

In the last six months 142 homes have CLOSED with a low price of $4,500and a maximum price of $1,346,648

Check out the most recent market statistics for Bataviaa, Illinois. These numbers include both detached and attached homes.

There are 258 ACTIVE listings ranging between $64,400 and $1,575,000.

There are 31 homes UNDER CONTRACT between $119,900 and $849,900.

In the last six months 57 homes have CLOSED with a low price of $90,000 and a maximum price of $825,000