Change is never easy but it is almost unavoidable. When we first obtained our real estate license almost 14 years ago, there were 2 kinds of licensing. There was Sales Associate and Broker. In order to be a Broker, you had to be a licensed Sales Associate for at least 1 year. For those who do not understand the difference, in simple terms, with a Brokers License there was more schooling required and you could own or manage a real estate brokerage. Then somewhere around 1999 or 2000 they did away with that prerequisite and one could obtain a Brokers License right away. Many disagreed with this move for the simple reason that one could own a brokerage without ever having any experience in the field of real estate.
As of 2010, the state of Illinois is doing away with the Sales Associate license. The 2 types of licensing is now, Broker and Broker Manager. Both requiring more school and more continuing education hours than the Sales Associate. Some believe this is a good move for Illinois. During the hot real estate market, many people got into real estate because they thought it was easy money. When the real estate market slowed down and the "bubble burst" many of those people got out because it was no longer "easy money." The real estate profession started "thinning out" so to speak. You actually had to work and spend money to make money. Many feel this will just add to the "thinning out" process.
What is your take on this change? What are the licensing laws in your state?
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
To do your own custom search, or to find a home in the Carol Stream, Bloomingdale, Glendale Heights, Hanover Park, Bartlett, Dupage County area, please feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022 . We would be happy to provide you with information on surrounding communities.
With the start of a new year comes the start of a new real estate market. The "spring market" typically starts the 1st full week after Mew Years. The holidays are behind us, a new year has started and school getting out is just around the corner.
Here are some market statistics for Carol Stream starting January 1, 2010 to February 15, 2010. The first chart shows you how many properties are active on the market, the average list price and average marketing time in Carol Stream.
|
Bedrooms |
# Active |
Avg. LP |
Avg. MT |
|
All |
117 |
$282,245 |
214 |
|
|
|||
|
3 |
65 |
$236,074 |
199 |
|
|
|||
|
4 |
50 |
$335,959 |
226 |
|
|
|||
|
5 or More |
2 |
$439,950 |
399 |
|
|
This next chart is Carol Stream Properties that have closed since January 1, 2010.
|
Bedrooms |
# Sold |
Avg OLP** |
Avg LP (Sold) |
Avg SP |
SP:LP Ratio |
SP:OLP Ratio** |
Avg MT (Sold) |
|
All |
6 |
$235,433 |
$230,433 |
$223,844 |
97% |
95% |
84 |
|
|
|||||||
|
3 |
3 |
$189,233 |
$189,233 |
$188,967 |
100% |
100% |
11 |
|
|
|||||||
|
4 |
2 |
$359,950 |
$344,950 |
$325,500 |
94% |
90% |
231 |
|
|
|||||||
|
5 or More |
1 |
$125,000 |
$125,000 |
$125,160 |
100% |
100% |
9 |
**OLP = Original List Price
These numbers are just a guideline or averages as to how pricing is in the Carol Stream real estate market. There are many factors to take into account when pricing a home. To get more specific information on your home, please contact Rick and Lynn Orze of RE/MAX All Pro for a customized market analysis and details on our marketing plan.
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Carol Stream real estate market. It is important to know about the Carol Stream homes for sale and Carol Stream properties to sale.
If you would like more detailed information about:
Carol Stream homes and properties for sale
Schools in the community...
Community Consolidated School District 93,
The Carol Stream Park District
Get a Community Report or a Neighborhood Valuation...
To do your own custom search, or to find a home in the Carol Stream, Bloomingdale, Glendale Heights, Hanover Park, Bartlett, Dupage County area, please feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022 . We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
We are well underway into the "Spring Market." As each week goes by we see more and more activity. With the extention of the 1st time buyer credit, we should see more buyers and more homes going "under contract."
Here is the Carol Stream real estate statistics from January 1 to February 15, 2010. These numbers include ALL SINGLE FAMILY HOMES FOR SALE and ATTACHED HOUSING FOR SALE including Townhouses, Condos and Duplexes.
SINGLE FAMILY HOMES:
7 NEW
5 PRICE CHANGES
32 CONTINGENT/PENDING ( UNDER CONTRACT )
6 CLOSED
ATTACHED HOUSING (TOWNHOUSES, CONDOS AND DUPLEXES):
7 NEW
6 PRICE CHANGES
28 CONTINGENT/PENDING ( UNDER CONTRACT )
9 CLOSED
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Carol Stream real estate market. It is important to know about the Carol Stream homes for sale and Carol Stream properties to sale.
If you would like more detailed information about:
Carol Stream homes and properties for sale
Schools in the community...
Community Consolidated School District 93,
The Carol Stream Park District
Get a Community Report or a Neighborhood Valuation...
To do your own custom search, or to find a home in the Carol Stream, Bloomingdale, Glendale Heights, Hanover Park, Bartlett, Dupage County area, please feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022 . We would be happy to provide you with information on surrounding communities.
**INFORMATION SOURCE: MULTIPLE LISTING SERVICE OF NORTHERN ILLINOIS (MLSNI)
Rick and Lynn Orze of RE/MAX All Pro hold OPEN HOUSE
Sunday, March 1, 2009 from 12-3pm
301 Canyon Trail, Carol Stream, IL 60188

3 Bedrooms, 2 full baths, Sub-Basement 2 Car Garage $279,555
Original owners have lovingly cared for this home and are looking for a new family to pass it on to! Located in a quiet cul-de-sac, this home has newer windows, roof, hot water heater, ceramic tile, whole house fan and more! Generous kitchen with eating area & SGD to fenced yard with deck. Spacious living room with bay window. Family room is just that; a huge family room with brick fireplace. Sub-basement is perfect for storage and more!
The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Carol Stream real estate market. It is important to know about the Carol Stream homes for sale and Carol Stream properties to sale.
If you would like more detailed information about:
Carol Stream homes and properties for sale
Schools in the community...
Community Consolidated School District 93,
The Carol Stream Park District
Get a Community Report or a Neighborhood Valuation...
To do your own custom search, or to find a home in the Carol Stream, Bloomingdale, Glendale Heights, Hanover Park, Bartlett, Dupage County area visit our website at www.rickorze.com or feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022 . We would be happy to provide you with information on surrounding communities.
OPEN HOUSE ~ SUNDAY, FEBRUARY 8, 2009 ~ 1-3PM
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The best decision you can make is a well informed and educated decision. We create value by providing you with all the information needed to make that educated decision!
Our goal is to always provide up to date information about the Carol Stream real estate market. It is important to know about the Carol Stream homes for sale and Carol Stream properties to sale.
If you would like more detailed information about:
Carol Stream homes and properties for sale
Schools in the community...
Community Consolidated School District 93,
The Carol Stream Park District
Get a Community Report or a Neighborhood Valuation...
Or if you are looking to find a home in the Carol Stream, Bloomingdale, Glendale Heights, Hanover Park, Bartlett, Dupage County area, please feel free to contact Rick and Lynn Orze of RE/MAX All Pro at 630-339-4022 . We would be happy to provide you with information on surrounding communities.
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