STATurday

by Jim Ludes on February 4, 2012

in General,Statistics

I don’t REALLY want to work on Saturday. But I’m a REALTOR. That means I work around YOUR schedule. So on Saturdays I’m going to put out a STATurday post combining both my love of real estate stats with my indifference to working on Saturdays. This is week one:

Will County sales activity in the last 365 days compared to that of the prior 365. You’ll see significant increases in the sub $115,000 market and fewer sales in the $130,000- $220,000 ranges. Most of the $220,000 to $415,000 ranges saw very similar numbers.

Check it out in pdf form!

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Why a Home Inspector?

by Jim Ludes on February 3, 2012

in Buyers

Got the following email last night. It has been altered only to protect the innocent (or guilty- jury’s still out).

Jim,
Unfortunately, in the past (Home inspector) & (Seller) had a difference of opinion/disagreement when it came to an inspection (home inspector) had completed in one of (seller’s) past properties.  So from that point forward (Seller) chose to no longer allow (home inspector) to inspect his properties. So we ask that (Buyers) please find a different inspector to inspect the property.
I apologize for the inconvenience this may cause your clients or (Home inspector).  I thank you kindly in advance for you understanding!
Sincerely,
(Agent of seller)

Wow. Just wow. If a seller is so frightened of the house he/she/they is selling, what should one do?

What would you do in this instance if you were my buyer?

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Wordless Wednesday

by Jim Ludes on February 2, 2012

in General

Wordless Wednesday 2.2.12

Photo courtesy of Jason Cohn/ Reuters

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Avid readers here know I love baseball. They know that I’ll try to make the ocassional parrallel between it and real estate. Today’s blog is no exception. Who is Johnny Damon? He’s, of course, a baseball player. He’s an outfielder, a career .286 hitter,  and a guy who will probably end his career as a possible hall of famer (borderline, maybe- but that debate for another day and forum).

Why do I feel like the Grundy County real estate version of him? Mr. Damon came to mind as a guy who went from a really good team to

Am I Grundy County real estate's version of Johnny Damon?

the best team at age 32, like me. Damon was a member of the Boston Red Sox and helped break the ‘Curse of the Bambino’ in 2004, helping his team win the World Series. The Red Sox are widely considered baseball’s “next-best” organization; second only to the New York Yankees.  Of course, at age 32, Damon left Boston for his fourth team, the Yankees.

Recently, I left my real estate career’s third team in favor of Grundy County’s #1 home seller, RE/MAX Top Properties. Leaving the team that’s a close second in that market for the team that is #1 reminded me of Johnny and the move he made at the same age. I’m not sure if there’s a real estate hall of fame anywhere that I may one day qualify for, but I do think that my recent move helps me as an agent, and far more importantly, give you, my buyers and sellers significantly better chances of success!

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I’ve Moved!

January 26, 2012

I’m very excited to announce that today I joined Grundy County’s #1 real estate office, RE/MAX Top Properties! I am humbled by how much this team wanted me to join theirs and very much looking forward to being able to even better satisfy the needs of my buyers and sellers. Give me a little leeway on the [...]

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Real Estate Showings

January 9, 2012

It is a tiny sample size, but I wonder if the amount of showings on properties is a tiny little indicator of a potential pickup in the real estate market. Check out these numbers: From Dec. 1, 2011 – Jan. 6, 2012 there were 112 showings of my office’s properties! From Dec. 1, 2010 – [...]

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Foreclosures Stalling Housing Recovery

January 5, 2012

Realtor Magazine had a blurb about two weeks ago about foreclosures stalling housing recovery. DUH! The article (linked above) contends that, “U.S. home prices may fall further under the weight of foreclosures, bouncing back no sooner than 2013 even with mortgage rates at historic lows.” A couple blocks from me, homes that sold in the [...]

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Skate in Coal City

January 3, 2012

In the next couple of days, the ice skating rink in Coal City will be up and running. Hours of operation for the rink (between Mazon Street and Campbell Park) are: Hockey: 7-10 pm on Mondays and Wednesday through Saturday. Open skate will be everyday between 9 am and 7 pm and all day on [...]

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Thank You, Veterans

November 11, 2011

Simple post today to thank those who have and continue to serve our country. Your dedication doesn’t go unnoticed here.  

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Cancelled Listings

November 2, 2011

I’ve been in real estate a little over 8 years now (8 years and 2.5 months to be exact if you’re working on that biography). Over that span, I’ve cancelled 11 listings. This means the seller (or I) decided to terminate the listing prior to sale or the end of our listing agreement (expiration). This [...]

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