Home Sale information for Barrington...WOW! Look at these numbers!

MLS Stats as of March 30, 2010
Mar-09			Mar-10
Total MLS Active Residential Listings	64,710	60,557	Down	-6.42%
Average Market Time of Pending Listings	214	168	Down	-21.50%
Average Market Time of Active Listings	350	192	Down	-45.14%
Number of Solds for Month	3,153	4,371	Up	27.87%
Median Sales Price (for December)	$180,000	$180,000	EVEN	0.00%
Number of Properties Under Contract (Dec)	4,227	6,796	Up	37.80%
Months Supply	12.7	7.0	Down	-44.88%
Percent Under Contract	6.50	11.20	Up	41.96%
Barrington Sold Homes YTD (Thru April 25)	56	84	Up	33.33%
Number of Solds Total Year	7,636	10,127	Up	24.60%

PEOPLE....NOW is the time to sell your home!

Call me if you have any questions!

Cheers!

Happy Earth Day! Great Article from Houselogic

Here is a lot of great info you can use to save money and help our world be a little greener!
Happy Earth Day!
Here is a picture of me..before we  walked from St. Anne's School in Barrington to the center of town carrying signs for the 1st ever Earth Day! Wow..that was a long time ago...and we as a community have so much farther to go!

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  Start a Shared Tool Co-op

  Save money and have access to a truly stunning tool collection by starting a neighbor-to-neighbor lending program or a tool library. Read
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  Saving Money with Salvaged Building Materials

  Salvaged building materials allow you to improve your home inexpensively—but might require an extra investment of time and energy. Read
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  Start a Bartering Co-op

  A barter co-op helps neighbors share their skills and talents with each other by trading tasks instead of money. Read
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  5 Programs for Improving Local Waste Recycling

  Unique waste recycling programs help save tax dollars by diverting trash from the landfill and into the recycling stream. Read
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  Start a Community Garden: Find and Design a Site

  Find the right spot for your community garden, and you can potentially boost property values while saving money on produce. Read

Visit houselogic.com for more articles like this.

Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®

Peak House Prices ..when will they return?

Thought this was a very interesting article from Diana Golobay....

Peak House Prices Will Return to Sand States after 2025: Fiserv

by DIANA GOLOBAY

Housing markets that experienced the greatest inflation in house prices — including certain metro areas in sand states California, Florida, Arizona and Nevada — will not see a return of peak-level home prices before 2025, according to financial services technology provider Fiserv.
According to the Fiserv Case-Shiller indices measuring historical home price data and forecasts for more than 375 local markets, scattered metropolitan areas could recover home prices before 2013 (highlighted below, in blue):

“Nationally, Fiserv Case-Shiller data points to a further 7% decline in home prices through the end of this year, with a prolonged recovery beginning early in 2011. In many markets, the emphasis is on the word ‘prolonged,’” said Fiserv chief economist David Stiff in a statement this week.
Other factors besides a run-up in house prices are dragging down recovery times in the industrial Midwest — including Michigan, Indiana and Ohio — where steep job losses in the manufacturing sector could keep housing demand low for some time.
But the data is not “uniformly grim” across all states, Stiff added.
A number of trends have defined initial signs of recovery in the housing market in recent months, including rising home sales. In particular, Pittsburgh, PA; Columbia, SC; and several metropolitan areas in Texas, Washington and upstate New York could see peak-level prices return within the next few years.

Remember "knowledge" is power! And I am here to help you make the right real estate decisions for you!

Latest Foreclosure News..I can help!

News from Realty Trac:
Top 10 Foreclosure Metro Areas February 2010 - Total Properties With Foreclosure Filings


1.Miami-Fort Lauderdale FL 19,033

2.Los Angeles-Long Beach, CA 18,118

3.Chicago-Naperville, IL 16,186

4.Phoenix-Mesa, AZ 13,830

5.Riverside-San Bernardino, CA 12,840

6.Detroit-Warren MI 12,078

7.Atlanta-Sandy Springs, GA 9,096

8.Las Vegas-Paradise 9,012

9.Orlando-Kissimmee, FL 6,823

10.Tampa-St Petersburg, FL 6,681

According to Realty Trac, Foreclosure filings-default notices, scheduled auctions and bank repossesssions were 2% lower than previous month but still 6% higher than reported in Feburary 2009. 1 in 418 US hones recieved foreclosure filing. Though is is the smallest increase since January 2006.

Remember, if you have any questions regarding purchasing a foreclosure or short sale or if you know anyone that might be late on their payments and possibly facing losing their home...I am here to help. I am a Certified Distressed Property Expert as well as an Shortsale Foreclosure Resource.