Clearwater Springs and Aspen Falls most recent closings in Plainfield: 6983 Paradise Cir. closed on 10/14/2008 for $174,989 2709 Abode Dr. closed on 11/24/2008 for $211,000 6800 Bazz Dr. closed on 2/24/2009 for $260,000 During this time 16 neighborhood listings expired without selling.  Keep watching for more updates on neighborhood closings and market prices.  Do you want to know what your home is worth?  Click on the tab at the top of this page and submit your information. Julie Ferenzi | Realtor® Plainfield Real Estate 630-673-6233 03/08/2009

There were 16 closings on Plainfield town homes from February 8th through March 8th, 2009. They range in price from $90,000 all the way up to $305,000.  The property that sold for $90,000 was a foreclosure in the Carillon subdivision near I-55 and Weber Rd.  The property that sold for $305,000 was in the Creekside Crossing subdivision near Drauden and Indian Boundary Rds. In addition to the one foreclosure closing, 2 additional properties closed as short sales, which brings the total amount of distressed property sales for the last month to 18.7% in Plainfield. For an updated list of property closings in Plainfield, or for a complimentary Comparative Market Analysis, please contact me either by phone or by e-mail.  If you or someone you know are having trouble making your mortgage payme... 03/08/2009

In the past 30 days, 53 single family properties have closed in Plainfield, ranging in price from $114,000 to $644,000. Out of the 53 closings that took place, 20 homes, or 37.8%, were listed as short sales on the MLS.  Not surprising, the main bulk of the short sales took place on the lower price range homes under $200K. Of the homes that closed in Plainfield over the last 30 days, not included in the 37.8% were the actual bank-owned homes.  The MLS does not require special notation on homes that were bank-owned or REO's, and that information is most often determined by reading the agent remarks section of the listing.  In my opinion real estate seems to picking up, though many buyers are still on the fence about whether this is the really the right time to buy a house in Plainfield.  ... 02/25/2009

    The governments plan to help homeowners in foreclosure may leave you looking for answers as the specifics of the plan are hard to sift through.  Loan modifications through the private sector may be a better a better solution for homeowners in Plainfield and the surrounding communities. I have been working with Dan Garcia over the last 4 years in the foreclosure arena.  Dan performs both loan modifications and short sales for homeowners in foreclosure. The answer to turning this economy around is the ability to help the real estate market recovery from foreclosures.  In my opinion, there are two ways to do this: Clearing short sale properties from the market to keep them from competing with the regular real estate market by selling them quickly. Find a way for homeowners to renegotia... 02/25/2009

  Plainfield market times are creeping up as the inventory of homes exceeds the demand from buyers. In the last 3 months the average market time for a detached single family home in Plainfield was 166 days, but the break down of market time by the number of bedrooms is  a little more specific: 2 bedroom homes in Plainfield have an average market time of 148 days. 3 bedroom Plainfield homes sold in an average of 126 days, considerably shorter than the group average. 4 bedroom homes in Plainfield have an average market time of 184 days. 5 bedroom Plainfield homes sold in an average  of 209 days. From my interpretation of these numbers is that it seems that 3 bedroom homes sell faster than larger or smaller homes by a little over a month, which could be attributed to buyers entering the ma... 02/12/2009

Fourty-three Plainfield homes closed in the month of January, 2009. The lowest price was a short sale that sold for $100,000 and was a 4 bed/1 bath split level. The highest sold for $450,000 which was a 4 bed/3.1 bath 2 story home. Last year for the month of January, fourty-nine homes sold with the lowest sold at $169,900 with 4 bed/1.1 bath and was a 2 story. The highest sold for $685,000 and was a 5 bed/2.2 bath 2 story home. If you are looking to buy or sell in the Plainfield or surrounding area, please call LaNita Cates at REMAX at 630-341-1545 or visit www.lanitacates.com. 02/10/2009

  My phone has been ringing off the hook with families looking for rental homes here in Plainfield.  The Spring market is certainly in full swing as real estate heats up in the area. As of today there are 53 single family homes available for rent in Plainfield ranging in price from $1,275 up through $3,500 per month.  Most of the 3 bedroom homes range in rent from $1,450 to $1,600 with the price points for 4 bedroom homes jumping up from $1,650 to $2,500 on average. Many of these homes are available as a lease options, or the owners are willing to consider a sale at a later date. The process for signing a lease for a home in Plainfield can be done in just a few easy steps. 1. Fill out a Credit Check and Lease Application (which I can e-mail to you directly.) 2. Next we have to run a cre... 02/10/2009

Tony and I don’t get to go out alone very often.  Other than the occasional weddings over the last 2 1/2 years since our youngest son was born, I think we’ve been out without the kids only a handful of times.  Thanks to my in-laws, this past weekend was one of those rare occasions. We were celebrating Tony’s birthday so I left all the choices up to him.  He had no problem picking the movie, but dinner was up for grabs…  and we both refused to spend a night without kids cooped up in a booth a Applebee’s. (Don’t get me wrong, I love any eating establishment in which I don’t have to cook A while back a vendor for Passport Unlimited visited my real estate office and I bought a couple of these cards that offer a free entree with the purchase of another entree at participating restaurants.  ... 02/04/2009

    Let’s face it, good credit is hard to come by these days, and most real estate investors know this.  Even if you have bad credit, chances are there is an investor/owner out there that will be willing to rent you their property, but not without conditions. If you have a bankruptcy, low credit scores, or a foreclosure on your credit report, it will require more on your part to successfully negotiate a lease agreement.  If you aren’t sure what your credit score is, you need to run a credit report and compare that number with the FICO, Fair Isaac Scoring system. Just as with financial lending, a credit score indicates the risk level involved in extending credit.  As a general rule… past behavior predicts future behavior.  As a means to protect their investments, investors will ask for m... 02/04/2009

Forget buyers...  These days I feel more like a leasing agent,  but I’m certainly not complaining. Right now the Plainfield rental market is hot, Hot, HOT! The amount of investors in the market that are helping to clean up the foreclosure mess have created a great inventory of homes that renters have to chose from.  Most of my weekly phone calls are from families recovering from low credit scores and looking to get into a single family home that they will have an opportunity to purchase later through a lease option, or through the right of first refusal. Investors that have purchased in this market with the intent to buy and hold their real estate investments have a steady supply of consumers that are in demand of their product, but it is not without risk.  Due to the recent events in t... 02/02/2009

Short Sale will in NO Way affect your Credit as much as a Foreclosure will!! Don't let the bank force you into foreclosure, a defiency judgement, wage garnishments, asset liens, and bankruptcy. My Service is totally FREE to You -- The Bank Will Pay Me!I operate in Will, DuPage, Kane, and Kendall Counties Your credit will recover in as little as 2 years. This is far better than the 7 to 10 years that most homeowners in your situation will face. Below is the most common elements of the short sale process. List the homeBank authorization forms signedSend bank authorization to the bank(s)Market the homeFollow up with bank(s)Fill out financial form(s)Gather proof of financial informationSend BPO, financial form and financial information to bank(s)Find a buyerNegotiate purchase price/terms wi... 01/28/2009

Exactly two hundred townhomes (or attached single) closed in Plainfield Illinois in 2008. The lowest price was sold at $68,000 and the highest closed at $528,000 which had 11 rooms (3 bedrooms and 4.1 bathrooms). If you are looking to sell or buy in the Plainfield area (or surrounding areas), please call LaNita Cates with REMAX at 630-341-1545. Or you can visit my website at www.lanitacates.com. Make sure you read my testimonials so you know the type of agent I am! If you are a first-time homebuyer and close by June 30, 2009, I can tell you about the $7,500 tax credit. 01/22/2009

471 single family homes closed in Plainfield IL from the closing price of $250,000 and under in all of 2008. The lowest price was listed at $107,000.  405 single family homes closed from $251,000 all the way up to the highest priced closed home at $838,500. If you are wanting to sell or buy, please call LaNita Cates with REMAX. You can reach me at 630-341-1545 or please visit my website at www.lanitacates.com. Make sure to read my testimonials so you know the type of agent I am! 01/22/2009

Fifty seven single family homes closed in Plainfield for the month of December, 2008. The lowest was closed at $132,000 and the highest at $460,000.  Fifteen of those homes were foreclosed homes. Compare 57 homes closed in December of 2008 to December of 2007 when 58 homes closed. Not too much of a difference actually. The lowest price was $160,000 and the highest was $580,000. If you are looking to list your home, please call LaNita Cates at REMAX. I serve the Plainfield, Naperville, Joliet and Crest Hill areas as well as surrounding areas. Call 630-341-1545 or visit www.lanitacates.com.  If you are looking to buy, call me! 01/22/2009

46 single family homes sold in the month of November (2008) in Plainfield IL. The lowest was a short sale sold at $143,000 and had a market time of 90 days. The highest home sold for $609,900 and was also a short sale. The market time on this home was only 12 days. Compare to November 2007 when 59 single family homes sold. Lowest sold at $179,843 and the highest sold at $740,000. If you are looking to buy or sell in the Plainfield IL area, please call LaNita Cates at REMAX of Joliet at 630-341-1545 or visit www.lanitacates.com 12/26/2008

Did you know that if you are behind in payments that it may be possible to avoid a foreclosure by performing a short sale with your lender?  I am a Realtor® and I specialize in residential and pre-foreclosure real estate in Plainfield. I have been helping homeowners in foreclosure my entire career in real estate.  Given the recent economic downturn in our country and the 71% increase in foreclosure filings last month, it is more important than ever to have access to insider knowledge to the foreclosure process.  Did you know that 1 in 10 families’ in America are now behind in payments according to the National Association of Realtors?By hiring me to assist you in the sale of your home you have access to an experienced short sale negotiator, and you can track the progress of your short s... 12/15/2008

  As I often do, I spent some time analyzing some data on Plainfield in the MLS today from the last 3 months.  I actually looked at all of the pending and contingent sales for all of Plainfield and what I discovered, while not surprising, confirmed what I’ve been preaching for months now. There are two factors that seem to affect market time in dramatic ways: Price. Price. Price! The condition of the home. This is what has been happening in real estate in Plainfield over the last 3 months: It’s kind of depressing to be in real estate in such a… well, depressing market.  We’ll I’m tired of being discouraged  and melancholy about this whole situation.  When I was combing through the MLS today, it really all started to make sense.  Over-priced listings won’t sell and the only way to get an... 12/10/2008

Holiday Pictures and Pony Rides on Sunday, Dec. 21 from 1-3pm. Normantown Trails Equestrian Center, 12151 S. Normantown Road. Come to the Nortmantown Trails Equestrian Center and get your child's picture taken on our festively costumed pony, Peter Pan. Rides are 10 minutes long and all riders must have a signed release form. Helmets will be provided. Picture: $5. Pony Ride: $10. No registration necessary. Call 815-436-8812 or www.plainfieldparkdistrict.com 12/04/2008

Howl-A-Day on Saturday, Dec. 13 from 11am - 1pm. Van Horn Woods Dog Park. I-55 Frontage Road between Rt. 30 and Caton Farm Rd. Bring your dog(s) for some "Howl-A-Day" activities. Dress them up and enter them in the costume contest, send them on a scavenger hunt to find special treats and have their photo taken with Santa! All dogs must have current rabies vaccination due at time of registraton. Call 815-436-8812 or visit www.plainfieldparkdistrict.com 12/04/2008

Forty six single family homes closed in Plainfield in the month of November. The lowest was a short sale selling for $143,000. The highest sold at $609,000, which was also a short sale. To learn more about Plainfield, visit www.plainfield-il.org. If you are looking to sell or purchase in Plainfield, IL, call LaNita Cates at 630-341-1545 or visit www.lanitacates.com.  LaNita has been a resident of Plainfield for 14 years. 12/01/2008