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Bolingbrook, IL Real Estate News

By Evelyn Santiago, Managing Broker Heart Realty Group, Inc., Passionate About Real Estate & Our Clients!
(Heart Realty Group, Inc..)
It's a crisp Fall day in my part of Illinois.  I was on my way to my health club when I stepped outside and felt the sun and smell of fall.  Leaves had fallen in my back yard that it looked like a golden field so instead I took out my rake and started piling them up.  The physical work helped to ease some of the stress from my morning. My morning was spent finalizing closing dates for a couple of transactions that should have closed last month.  One was a short sale that just seemed to take forever to close even with a great buyer and financing that was supposed to be a slam dunk.  But nothing in today's lending environment is a slam dunk.  I will be relieved to finally close on this one tomorrow but hopefully with positive thoughts I will be able to post this one as a sold - 24 hours f...
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The numbers are in for the Bolingbrook IL 1st quarter single family market. There were 87 single family Bolingbrook IL homes that sold during the first quarter of 2009 from January 1st through March 31st.  42% of the homes sold were 3 bedroom homes and the 4 bedroom home market accounted for 47% of the market share. The average sale price of a 3 bedroom home in Bolingbrook is $166,419 which is 93% of the average asking price.  93% is lower than the average list to sale price ratio of some neighboring communities like Plainfield IL where sellers of 3 bedroom family homes are getting about 95% of their asking price. In contrast, sellers in the 4 bedroom market in Bolingbrook IL are getting about 96% of their list price which is $248,651 on average.  Even more surprising is that the 5 bedr...
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By Donna J. Hahn
(Rozanski Realty)
About Today's Market...That you'll never hear! Fact: Approximately 30% of all U.S. homes are free and clear and do not have a mortgage. Fact: Of the 70% of households that do have a mortgage, 96.7% are not in foreclosure. Source: Mortgage Bankers Association It seems like every time we turn on the evening news or read a newspaper headline, the bad news deepens our fear and concerns about the economy. With the news media in full throttle, using terms such as "MELTDOWN" and "CRISIS," it's easy to understand why you might lack confidence in buying or selling a home. We have to remind ourselves that the media reports NEGATIVE news, not positive news. Their key objective is to pull in an audience (and advertisers), not to make you feel good about yourself. They announce the unemployment rate...
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By Ken Tracy, Helping clients buy and sell since 2005
(Coldwell Banker Residential)
It was actually my wife that suggested it... It was Valentines Day.  And we are going to a fishing store for dinner??? We ate at Islamorada Fish Company, located inside the Bass Pro Shops in Bolingbrook, Illinois.  We had never eaten at Islamorada.  I was somewhat hesitant at first.  I am a creature of habit, and my favorite local restaurant is Claras Pasta, in Lisle. But what the heck...  I had heard good things. Have you ever been to a Bass Pro?                                     Awesome place.  An outdoorsmans dream. The wait was going to be about an hour, so Kenny had a little time to shop...                        I found exactly what I wanted.  A medium heavy spinning rod for my Shimano 4000 spinning reel.  Travis, the fishing guy, said "It is the best deal in the place." Regular...
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By Acai Berry Select
(Acai Berry Select)
Are you looking for a home for sale in Bolingbrook Illinois? Search our Bolingbrook homes for sale website with over 100,000 properties for sale. Search New construcjtion homes for sale as well as resales and townhomes.
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By LaNita Cates
(REMAX of Joliet)
An opportunity like this does not come around too often. With the recent signing of a major housing stimulus bill, it's now a great time to close on your first home. On July 30, 2008, the Housing and Economic Recovery Act of 2008 was passed, which includes a new, temporary tax credit as an incentive for first-time homebuyers. With this bill, first-time homebuyers may qualify for a tax credit of up to $7,500 for the purchase of a principal residence. Contact LaNita Cates with RE/MAX of Joliet by calling 630-341-1545 or visiting www.lanitacates.com or emailing me at lanitacates@yahoo.com. LaNita works in Joliet, Crest Hill, Romeoville, Bolingbrook, Plainfield, Naperville, Aurora, Oswego, Montgomery, Yorkville and other areas! I've worked with buyers in the South Loop, Morris, Orland Park,...
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By Anita Sullivan
(RE/MAX Suburban)
Bolingbrook Home Sales Average List Price and Sale Prices by subdivision in the Bolingbrook area. Single Family HomesSearch Previous Sales Subdivision Sales Avg. List Avg. Sale Ratio Bloomfield Village 5 $245,751.80 $236,900.00 96.4 Bloomfield West 5 $321,934.00 $305,320.00 94.8 Brookwood Estates 7 $257,928.57 $249,300.00 96.6 Cherrywood 1 $174,900.00 $170,000.00 97.2 Cherrywood East 5 $224,184.20 $221,200.00 98.7 Cider Creek 6 $298,733.33 $282,498.33 94.6 Colonial Village 5 $176,760.00 $168,180.00 95.2 Creekside Of Remington 1 $300,000.00 $280,000.00 93.3 Deerpath Woods 2 $417,450.00 $393,000.00 94.1 Enclave 6 $453,193.33 $427,375.50 94.3 Fairways Of Augusta 4 $482,620.00 $460,247.50 95.4 Falconridge 5 $283,300.00 $278,550.00 98.3 Fields Of Bradford 3 $292,800.00 $277,333.33 94.7 Foxr...
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By David Eisley
(Allison James Estates and Homes of Illinois)
345 Springmist Court, Bolingbrook, IL 60440 MLS# 06911520 Asking $166,900 Your sanctuary awaits. Immaculate, classy, and gracious describes the pride of ownership in this desirable 2 Bedroom home. Newer appliances, lighting, & flooring in the kitchen, gorgeous ceramic tile floors in the entry, and a vaulted ceiling give this home an upscale feel. English basement makes an ideal office/guest room, 1.5 bathrooms, 2 car garage. Nothing to do here but move in and enjoy! Quick close possible. BROKER: Weichert Realtors-Kingsland Properties ID#: 25401 PHONE: (630) 665-1000 AGENT: David Eisley ID#: 230252 PHONE: (630) 346-0098 Email: weichertone@gmail.com EASY SHOWING ON SENTRILOCK.      
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By Jeff Coros
(Century 21 Team Ltd.)
The village of Bolingbrook is a young and vibrant community of 70,000. The village’s history dates back to the mid-1850. Its population is noted for diversity and for having one of the youngest average populations in the state. Bolingbrook consists of a wide variety of housing opportunities. With, single family homes, townhomes, condos, duplexes, and rentals. The median sales price is $275,000 (2007) for single family homes. With all the negativity from the media we hear, Bolingbrook has been resilient with a slight decrease of 1.1% in home sales price from 2006 to 2007. Bolingbrook continues to be a good value for your real estate dollars. Visit Business Pages Online and find Pasadena Accountant, Los Angeles Vegan Restaurants, Naperville Painting and Naperville Remodeling Contractors. ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
 BOLINGBROOK, ILLINOIS The table below lists all of the currently active single family detached and single family attached homes Oak Brook Terrace, IL. Data includes  high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.    Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 70 155 $150,000 - $199,999 122 149 $200,000 - $249,999 129 146 $250,000 - $299,999 126 166 $300,000 - $349,999 99 130 $350,000 - $399,999 57 174 $400,000 - $449,999 43 201 $450,000 - $499,999 11 159 $500,000 - $549,999 13 176 $600,000 - $699,999 4 160 $700,000 - $799,999 7 269 $800,000 - $899,999 1 550    Active Listings Summary # Units Avg. MT Med...
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By Donna J. Hahn
(Rozanski Realty)
Topic 409 - Capital Gains and LossesAlmost everything you own and use for personal or investment purposes is a capital asset. Examples are your home, household furnishings, and stocks or bonds held in your personal account. When you sell a capital asset, the difference between the amount you sell it for and your basis, which is usually what you paid for it, is a capital gain or a capital loss. If you received the asset as a gift or inheritance, refer to Topic 703 for information about your basis. You have a capital gain if you sell the asset for more than your basis. You have a capital loss if you sell the asset for less than your basis. Losses from the sale of personal-use property, such as your home or car, are not deductible. Capital gains and losses are classified as long-term or sh...
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Though it was a little cold on March 15th, 2008, the kids had a great time. The Easter Bunny was hopping all around and the Adults were enjoying the Carabou Coffee, Hot Apple Cider and Cookies that Store Manager Barb Berry donated for our event. Click on the link below to view the Visual Tour and see how much fun we had.http://www.visualtour.com/shownp.asp?T=1431902 Have a wonderful Easter, Donna Hahn
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3rd Annual Somerfield & Fields of Bradford  Easter Egg HuntSponsored by: Donna Hahn of Keller Williams Realty,  Eric Hamilton of Wells Fargo Home Mortgage,  Connie Butcher Attorney at Law, Jim Mazzuca of  Boyer-Rosene Moving & Storage (Bekins)Place:  Somerfield's  Sunset Park (Dalton Lane & Scarlet Dr..)When: Saturday, March 15, 2008  Weather permitting, No Rain Date!  If Raining please plan on Picking up your child's treat bag under the Park Pavilion at 11:00 amWho may participate:  Children or Grandchildren who live  in either of the subdivisions (due to the amount of children participating we must restrict who may attend, thank you for your understanding)  Time:  11:00 a.m. SharpAge Groups: 1 - 3,   4 - 6 and 7-11You MUST sign up for this event by March 8th to ensure I have enough eg...
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Great News to Sellers, A Buyer may now qualify for Your Home  With The Temporary Raise In FHA Loan Amounts- Effective Friday, March 7, at 7 a.m. Central time -                      Current Max Mortgage $275,200                                                New Max Mortgage  $410,000.00     Limits increase.............Credit policy parameters are the same The biggest benefit of the FHA limit increase is offering borrowers the higher loan amounts with the same credit policy parameters - all credit requirements, LTV's, and debt-to-income ratios remain just as they are today.    Benefits of the Temporary FHA limits   Pricing is currently lower than standard Conventional 30 YR Fixed.  No Minimum credit score! FHA loans are fully assumable FHA loans allow gift funds for down payment = 100% F...
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By Donna J. Hahn
(Rozanski Realty)
Sure housings in a hole. But there's a potent case for buying now, weather it's real estate or stocks.While today's market plays to your advantage as a buyer, with reduced housing costs and favorable interest rates, are you sitting by waiting? When the market turns, today's bargains will be yesterday's missed opportunities.While it is conceivable that home prices may drop further, it is likely that the decreased prices will be accompanied by increased financing costs due to rate cuts by the Fed. This means that any money saved on paying less for a house in a few months time will be offset by having to pay off your mortgage at a higher interest rate making "playing the waiting game" a waste of time (and very little fun).The table below demonstrates how even as home prices may drop, month...
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By Donna J. Hahn
(Rozanski Realty)
Welcome! Please check back often to find out everything you might want to know about real estate. I will be adding to my blog as much as my time allows, but hopefully once a week if I dont then that is good as it means real estate is going well. :-) If there is something that you would like to know, please feel free to ask and I will find the resources to answer that question if I can not. Or if you are are in the market to purchase a new home or would like to sell your present one, please contact me today. I like to work where my clients want me to go as most of my business is by referrals.  I do list a lot in Bolingbrook and I specialize in the Somerfield & Southgate Park Subdivision, with which I have 6 current listings ready for your wonderful family to buy them. Until next time,Donna
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By Eileen Landau, ABR, CRS, e-PRO
(BAIRD & WARNER, NAPERVILLE)
The Promenade in Bolingbrook opened last April and I saw it then with construction people still putting things in place. So, now that the holidays have arrived, I thought I drop in again.Holiday music was playing thru speakers that I assume were placed in the street lights. Very festive! Lots of nice stores ranging from a Coach, Victoria Secret to an H&M and anchored by a new Macy's. And, what I found interesting was that there was free parking around the perimeter, but, meters on the street in front of the stores.I'm wondering who owns the meters? The shopping mall or the Village of Bolingbrook? And, the new extension of the tollway, I-355, connecting this area to I-80 and Joliet just opened last month. That's sure to bring more visitors because just north of the Promenade is an IKEA s...
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By Jeff Coros
(Century 21 Team Ltd.)
View Homes For Sale in Barclay Estates, Bolingbrook Bolingbrook Real Estate Bolingbrook Real Estate market is quite varied. It offers not only single family homes in the range of $100-200k, but also many single family homes over $500k and approaching $1 million. Bolingbrook condominiums and townhomes tend to range from as low as $100k to over $400k. Within the past 6 months, those single family homes listed with a real estate agent in Bolingbrook sold for an average of $278,620. During the same time period, Bolingbrook condos and townhouses sold for an average of $178,128. With over 75,000 residents and growing, Bolingbrook real estate has something to offer for everyone. Barclay Estates Bolingbrook is located north of Boughton Road, east of Weber Road and west of N. Schmidt Road, and c...
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By Jeff Coros
(Century 21 Team Ltd.)
View Homes For Sale in Augusta Village, Bolingbrook Augusta Village, Bolingbrook is located south of Boughton Road, east of Naperville-Plainfield Road, north of 111th Street and west of Weber Road. It consists of over 500 single-family homes ranging from the $200s to $400s. Search real estate in Augusta Village of Bolingbrook and find Augusta Village house values. Access all homes for sale in Augusta Village subdivision, including existing, new construction homes and foreclosures. We also serve all Neighborhoods / Subdivisions in Bolingbrook, Illinois and surrounding communities. Bolingbrook Real Estate Bolingbrook Real Estate market is quite varied. It offers not only single family homes in the range of $100-200k, but also many single family homes over $500k and approaching $1 million....
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By Phyllis Bloodworth
(Charles Rutenberg Realty)
Hi Everyone, I am starting a new blog. This blog will be about questions you ask me about buying or selling a home. If I don't know the answer I will try my best to find the answer out for you. I am not a lawyer or a home inspector or a loan officer but if you need answers from them I would be happy for them to contact you to give you the answer. Who will be the 1st to ask a question? This will be called  "STUMP PHYLLIS".
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