Laura Resnick l Carol Stream, IL l 630-975-0615 l RE/MAX Associates West

While out running errands this morning I was listening to the local news radio station WBBM 780 in Chicagoland and heard a report from the National Association of Realtors, stating that the July 2008 home sales were up 3.1% over the last 5 month period.

Incentives from the Federal Government:

First time homebuyer tax credit and lower selling prices were certainly part of the catalyst for this behavior. (I would think)

First time home buyers remain an important part of getting our economy back in place: Purchasing a home keeps less inventory on the market (possibly driving up the price on very desirable homes) lenders in business, insurance companies who write the home owners policies, gas co, electric co, phone companies, cable companies, etc. all benefit from home sales. The economy benefits when people are working and without purchases and sales, in all sectors, we will continue to be on the down turn. On the other hand, many first time homebuyers are holding off to see how low it will go... Lending institutions change their programs and requirements almost daily it seems, so I don't feel that this is a good idea.

Listed below are the changes in the Carol Stream market for the July 2008 period:

• SINGLE FAMILY HOMES 7 CLOSED IN JULY 2008
• SINGLE FAMILY HOMES 7 UNDER CONTRACT IN JULY 2008
• SINGLE FAMILY HOMES 38 WERE LISTED IN JULY 2008

• ATTACHED HOMES 2 CLOSED IN JULY 2008
• ATTACHED HOMES 13 UNDER CONTRACT IN JULY 2008
• ATTACHED HOMES 42 WERE LISTED IN JULY 2008

If your search for a home brings you to the Carol Stream area or surrounding suburbs please contact me for further information: If you find yourself in need of assistance regarding the payment of your current mortgage or are seeking information on any real estate needs, please don't hesitate to contact me - either by phone or email

630-975-0615 Laura Resnick Cell Phone

www.HomesInCarolStream.com

This information certainly suggest that the properties available in Carol Stream are abundant and a perfect location to look for your new home. All information is obtained through the MORE multiple listing service and is deemed reliable. All information should be verified for accuracy.

Glenbard North High School's faculty band, the Referrals, will perform at Glenbard North's Battle of the Bands at 7 p.m. Friday, April 11. The Referrals include science teacher Adam Heise, lead guitar/vocals; Social Studies teacher Matt Janecek, lead vocals; English teacher Scott Meyers, rhythm guitar; social worker Jeff Money, drums; and English teacher Joan Moore, bass guitar/vocals.

The Battle of the Bands will spotlight seven student bands in competition. Students may pre-purchase tickets for $3. Admission at the door is $5 or $3 with a can of food for the Northwest DuPage Walk-In Ministry, located at the Lutheran Church of the Master in Carol Stream.

High school students from other schools are welcome to attend with proper identification. Proceeds from the Battle of the Bands will benefit the American Cancer Society Relay for Life of Carol Stream, which is held annually in the spring at Glenbard North High School.

the above information is provided and used with permission from Peg Mannion.

for further information about any of the Glenbard School Dist #87 schools, please visit their website

www.glenbard.net

Check any school report card (schooldigger.com)and you'll see that the Glenbard Schools (dist. #87), North, South, East and West are highly ranked. Some current information out of the Glenbard camp is that the Wrestlers are advancing to the state meet on Friday February 15th and 16th at The University of Illinois in Champaign/Urbana, Ill.

Glenbard East students Jason Callahan and Pat Walker; Glenbard South student Mark Griffin and Glenbard North students Joey Gosinski, Jamie Warczynski, Tony Ramos, Jimmy Chase, Geno Capezio, Danny Monaco and Vince Ramos all deserve a round of applause for reaching this goal and our support for their weekend coming up.

I would encourage anyone who is house hunting to visit the Glenbard Web site, www.glenbard.net, to learn more about the district as a whole and about all four high schools.

Information about the elementary school districts in Carol Stream are also accessible through schooldigger.com and are as follows: Dist. 93, Dist. #25 and U46.

carolstreamrealtor.com

Recapping the week in review in the housing market for the Carol Stream, Illinois area.

Included here are single family and attached homes. For further information on any listing in the market, please visit www.carolstreamrealtor.com for further information or email to lauraresnick@remax.net

SINGLE FAMILY HOMES;

• new on the market 2
• price change 4
  
• under contract 5
  
• closed 4

ATTACHED HOMES ;

• new on the market 5
• price change 6
• under contract 3
• closed 3