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Rick and Lynn Orze | Carol Stream, IL RE/MAX All Pro

Illinois Real Estate License Law Changes Again!

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.

What's Going on in the Carol Stream Real Estate Market? | Market Statistics so Far

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

The Village of Carol Stream

Schools in the community...

Community Consolidated School District 93,

Benjamin School District 25

Glenbard North High School

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)

Carol Stream Homes for Sale | Real Estate Market Activity Jan. 1- Feb. 10, 2010

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

The Village of Carol Stream

Schools in the community...

Community Consolidated School District 93,

Benjamin School District 25

Glenbard North High School

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)

Carol Stream Homes for Sale | REMAX All Pro Agents hold Open House Sun. March 1, 2009 12-3pm

REMAX CMN balloon 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

front

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

The Village of Carol Stream

Schools in the community...

Community Consolidated School District 93,

Benjamin School District 25

Glenbard North High School

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.

REMAX All Pro Hosts Open House in Carol Stream on Sunday, February 8, 2009 1-3PM

                                  OPEN HOUSE ~ SUNDAY, FEBRUARY 8, 2009 ~ 1-3PM

 


Rick and Lynn Orze | RE/MAX All Pro | 630-339-4022
1329 Gloucester Cir., Carol Stream, IL
Updated End Unit
2BR/2BA Townhouse
offered at $214,900
Year Built 1988
Sq Footage 1,340
Bedrooms 2
Bathrooms 2 full, 0 partial
Floors 2
Parking 1 Car garage
Lot Size Unspecified
HOA/Maint $199 per month

DESCRIPTION

Sharp, 2 story end unit townhouse with many updates. Freshly painted, newer carpeting. New roof, furnace and washer and dryer. 1st floor bedroom, 2 full baths. Big master bedroom with WIC. Nice loft area. Eat in kitchen with SGD to extende patio and green area. Quiet, Clean, Close to everything.

see additional photos below
PROPERTY FEATURES

Central A/C Central heat Fireplace
High/Vaulted ceiling Walk-in closet Living room
Dining room Dishwasher Refrigerator
Stove/Oven Washer Dryer
Laundry area - inside Balcony, Deck, or Patio

COMMUNITY FEATURES

Garage parking Laundry on-site Fitness center
Swimming pool(s) Tennis court(s) Playground


ADDITIONAL PHOTOS

Seller contact info:
Rick and Lynn Orze
RE/MAX All Pro
630-339-4022
For sale by agent/broker

powered by postlets Equal Opportunity Housing
Posted: Jan 13, 2009, 5:52pm PST

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

The Village of Carol Stream

Schools in the community...

Community Consolidated School District 93,

Benjamin School District 25

Glenbard North High School

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.