The Local Real Estate Economist

This Month in Review August 2009
This Month in Review has Ron and invited guest Justin, talking to us about August statistics. August numbers up  homes sold 29 % from this time last year 14% homes under contract  goes to  Montgomery.  2nd goes to Plainfield 10.1% under contract for all of Fox Valley is much better than this time last year at 6.3% Montgomery leads the inventory [...]

July?s Monthly Statistics
Ron Donavon does a great job talking about the summer Home Sale statistics.   In brief he tells in the Fox Valley Area; home for  sales are 16.3% down for this time last year we had a few towns like North Aurora, Plainfield,Montgomery, etc.  will an of absorbtion rate of less than 10 months, while we still had [...]

Keller Williams Red Day May 14th
Keller Williams Fox Valley Realty, in conjuction with all of Keller Williams Franchises are giving back on May 14th to their local communities. Locally we(partnering with the Salvation Army) will be doing 20 projects at local homes in the Fox Valley Area.  These projects will consist of Raking leaves, cleaning gutters, painting rooms, washing windows, [...]


Wow, Options, options, options!   In these trying times where all we hear is doom and gloom,  it is nice to choices out there for folks that may be struggling. This April 19th from 1-4pm  come to Keller Williams Fox Valley Realty. where are having a Home Owner fair where you can visit may information booths, that [...]

Home Price Protection
Home prices, historically, have averaged  1-2 percent increase from year to year (since 1950). But since 2000, we have averaged nearly 9% increase in home prices year to year*.  That extremely large increase coupled with the fact that average home sales prices outgrew average household income in 2003 meant only one thing, the housing bubble [...]

Now is the time
Wow!  Interest rates at their lowest since January of this year, Federal tax credits of up to $7500, and a quick glance at the internet turning up dozens of amazing deals, can there be any question that now is the time to buy?  Whoa, you say!  Don’t you listen to the news?  You can’t even get [...]

Thinking Green about Water
As we move closer and closer to the season of the white fluffy stuff, thinking about water usage is probably not on your mind.  But, that white fluffy stuff melts and turns to water, something that is becoming more and more scarce  on our planet.  Households make up  10% of the fresh water used in this [...]

National Affordability is on the RISE!


Keep your head up!
To listen to the news, one would think that the end is near.  Indeed, one newspaper recently featured a cartoon with a downtrodden soul carrying such a banner. “The End Is Near” it read.  Next to him in the cartoon, a trader from Wall Street, is labeling the doom and gloomer an “Optimist”! One motif that our current economic [...]

Greens the theme!
With elections on our minds, and all over the press, green is a word that floats easily off the tongue of our want to be leaders.  Green has advanced from being the name of a political party, to a major plank in the platforms of all the political parties.  It has also become an important part [...]