Jun

27

2815 Parkwood Lane, “Reserve” of Stonebridge Subdivision

Posted by econteam under Uncategorized

Our newest home for sale 2815 Parkwood Lane, Aurora is located in the “Reserves” of the Stonebridge Subdivision. Offered at $589,900, this executive home has been maintained very well and is in great condition, but needs your decorating ideas! At the current price, you are able to update the home to your needs and at the same time earn “sweat equity” by improving and updating to come out ahead.

Features include over 4250+ square feet of living space, brick exterior on 90% of the home, volume and vaulted ceilings, wide open floor plan, 3 fireplaces including in the master suite, walking distance to Stonebridge Country Club, 3 car side load garage and more. This property is quietly tucked away among the towering trees.

To take a virtual tour of the property, click below…

Play VisualTour

DISTRICT 204
Brooks Elemtary School
Granger Middle School
Metea Valley High School

For more detailed information click on our 2815 Parkwood Lane, Aurora page

For more information about the community statistics

To view all homes for sale in the Stonebridge subdivision

If you would like to speak to us regarding this home or would like to set up a private showing, contact us

Comments rss

Comments are closed.

Jun

26

Home for Sale 2906 Reflection Court, Plainfield, IL

Posted by econteam under Uncategorized

Our newest home for sale in Plainfield is located at 2906 Reflection Court in Plainfield, IL. Super sharp home that is on a quiet cul-de-sac and backs to pond priced at $249,900. All of the upgrades are here including finished basement with full bathroom and bedroom, 9 foot ceilings on the first floor, white trim and doors throughout, 42″ cabinets, vaulted and volume ceilings.

On warm summer nights, enjoy the large patio overlooking the pond. What a great park-like setting to entertain, or simply enjoy the evening with the family.

Click below for the virtual tour…

Play VisualTour

To view more details about this property such as room sizes, schools, etc click on our 2906 Reflection Court webpage.

To view community information for Plainfield

To view school information for Plainfield and this home

To discover real estate market trends for Plainfield

As always, if you have any questions about this home or would like to set up a private showing, please contact Pete

Comments rss

Comments are closed.

May

29

New Wheaton home for sale in the High Knob Subdivision

Posted by econteam under Uncategorized

We are extremely excited to announce our newest home for sale in Wheaton located in the High Knob subdivision! Offered at $489,900, 435 Carrol Gate Road is a perfect home for entertaining family and friends.

Features included in this 2700+ sq ft home include hardwood floors, newer chef’s kitchen with granit and stainless steel appliances, finished basement, sun room, open and bright floor plan, all bedrooms with walk-in closets and more. Updates include roof, windows, gutters, kitchen.

For a virtual tour of 435 Carrol Gate Road, Wheaton click below…

Play VisualTour

Located on a quiet street in the desirable High Knob subdivision.

District 200 schools include:
Wiesbrook Elementary School
Hubble Middle School
Wheaton Warrenville South High School
Click here for school ratings and information for District 200
For more detailed information including room sizes, taxes, more pictures, etc click on 435 Carrol Gate Road, Wheaton

If you have any questions or would like to set up a private showing of 435 Carrol Gate, please contact Pete

Comments rss

Comments are closed.

Apr

2

1575 Waldorth Court, Wheaton, IL 60189

Posted by econteam under Uncategorized

Welcome home to 1575 Waldorth Court in Wheaton.

We are excited to annouce our newest listing for sale in the Arrowhead Subdivision in Wheaton, offered at $439,900. It’s wide open floor plan with hardwood floors, high-end gourmet kitchen, luxurious master suite and 3 car garage are just a few reasons to call it home. Located on almost 1/2 acre on a quiet cul-de-sac and backs to the Illinois Prairie Path!

Take a look at the virtual tour below!

Play VisualTour

Wheaton School Distric 200 including Wiesbrook Elementary, Hubble Middle and Wheaton Warrenville South High School.

If you want more detailed information regarding this home 1575 Waldorth Court

To view all homes currently for sale in the Arrowhead subdivison in Wheaton, visit our Homes of Arrowhead page

To view community information in south Wheaton including school ratings and info, real estate market statistics, visit our Wheaton community page

If you would like to talk to us directly about this home, your home or to find a home you can call Pete at 630-363-6832 or email me

Comments rss

Comments are closed.

Mar

22

Golf Course Home – Stonebridge Country Club

Posted by econteam under Uncategorized

Elegant all brick Colonial home backing to Stonebridge Golf Course for sale located at 2848 Reserve Court, Aurora, IL! This home is offered at $875,000.

The home features over 6400 square feet of living space, including the finished basement. Features include soaring two story family room with stone fireplace with an abundance of windows, massive gourmet kitchen with newer Sub Zero refrigerator, center island and open to family room. The master suite features volume ceiling and totally redone stone bathroom with Bubble Massage tub and rain shower. All the bedrooms are spacious with generous closet space.

Schools include Brooks Elementary School, Granger Middle School and Metea Valley High School.

Take a look at the virtual tour and see for yourself why they golf course home is a perfect place to call home! Click below for the tour…


Play VisualTour

To view more detailed information about 2848 Reserve Court, Aurora, IL visit our featured listing.

To view all homes in Stonebridge for sale please visit our Stonebridge Homes for Sale page.

If you have any specific questions about this home or would like to set up a private showing, please contact Pete Economos at Keller Williams Realty Infinity.

Comments rss

Comments are closed.

Sep

25

Naperville Real Estate Market Update

Posted by econteam under Uncategorized

It has been a very interesting year to say the least! It appears that the real estate market in Naperville has been stabilized and all signs pointing to the positive. That being said, anything can happen to create some chaos in the market place. Throughout this post I will use market data stats (facts) and give you my opinion of what they mean and my thoughts as we move ahead.

In order to stabilize the local economy, here are my thoughts on what needs to happen.

1st – Stabalize housing (in process)
2nd – Stabalize the banks (in process)
3rd – Stabalize employment (questionable)

Every month in 2012 has brought a positive growth in units sold over the same month in 2011. March brought us the lowest gain of 7.3% increase in units sold over last year. Every other month has brought us at least a 20% gain. Very encouraging.

Price per square foot has increased year over year from $144 sq ft in 2011 to $148 in 2012. Months supply of inventory has dropped from 7.8 months of supply in 2011 to 4.0 months supply of inventory in 2012. Days on market has dropped 20% from 151 days of market to 121 days on market. The median sold price has increased from $340,000 to $348,000 for a 2.4% gain. In August, there were 38.1% fewer homes on the market in 2012 than in 2011. All of these signs point to improvement!

It is interesting to note that the price point of $300,000-$399,999 make up 27.1% of all units sold in August. This market is hot, almost a seller’s market if your home has been updated. The price point that continues to lag and prevent us from having any growth is the market of $500,000+. Prices still have downward pressure and inventory is still high, which means it is a buyer’s market without question. Without improvement here, it is almost impossible for the lower price categories to move north in pricing.

If you have any questions or comments, please reach out to contact me and let me know. I love the conversation!

If you would like to see more Naperville market statistics, visit our site to learn more.

To view all homes for sale in Naperville, or in your neighborhood / subdivision, click here!

Thanks again for reading and enjoy your day!

Pete Economos – Keller Williams Realty Infinity

Comments rss

Comments are closed.

Sep

25

Home for Sale in Plainfield – Lakewood Falls

Posted by econteam under Uncategorized

We are so honored to present our newest home for sale in the Lakewood Falls subdivision in Plainfield. Located at 14025 S Lakeridge, this 3 bedroom, 2.5 bathroom home is priced at $184,900 and backs to a scenic lake with tranquil views.

Home for Sale in Lakewood Falls

Interior features include a 2 story family room and foyer, open floor plan, spacious kitchen, finished basement and more.

The school district is 202 with Lakewood Falls Elementary School, Indian Trail Middle School and Plainfield North High School.

To view all homes for sale in Lakewood Falls subdivision click here.

To view all homes for sale in Plainfield, IL click here.

To learn more about us and our services visit our website.

Thank you for visiting our site and please let us know if you have any questions or would like a private viewing by contacting us!

Pete Economos, Keller Williams Realty Infinity

Comments rss

Comments are closed.

Aug

20

Wheaton Real Estate Market Update

Posted by econteam under Uncategorized

It’s been a while since I have last posted the statistics for the Wheaton Real Estate Market. I must apologize, but work has been busy and with 4 children in sports….. In any event (drum roll please) here is the latest update comparing the current market (single family homes only) vs. 3 months ago and also 12 months ago!

CURRENT (JULY 1, 2012) WHEATON STATISTICS
Active Listings 273
Average List Price $493,304
Homes Under Contract 110
Average Sales Price $347,051
MONTHS SUPPLY OF INVENTORY 5.64 months

3 MONTHS AGO – APRIL 1, 2012
Average Sales Price $347,531 or -0.14%
MONTHS SUPPLY OF INVENTORY 6.54 months or -13.75%

12 MONTHS AGO – JULY 1, 2012
Average Sales Price $365,043 or -4.93%
MONTHS SUPPLY OF INVENTORY 9.33 or -39.59%

You can see that pricing is still hurting a little bit. We are truly in a market with 2 segments….priced right and updated and you will sell fast for top dollar. Not updated and over-priced and your market time is in the years, not days.

What is so extremely encouraging is to look at the months supply of inventory. What does this really mean? Months supply of inventory tells us at the current rate of sales, if no new inventory came on the market it would take this long to sell out of inventory. We have dropped almost 40% in 1 year!

My personal opinion is that we are bouncing around the bottom. I would love to say we bottomed but too much uncertainty in the world has created a fragile environment in which we live. I will say we have hit bottom in affordability. With interest rates at rock bottom, there is only one way for them to go. A 1/2% increase in interest rate on your mortgage equals over a 30 year term the same amount of payments as if you bought a house with a 10% increase.

Calling all investors, where are you? Our rentals are full, rents are at top dollars and we are able to finance rental properties at crazy rates. This fall and winter, you should be jumping on as much property as possible.

To look at all homes available in Wheaton, click on our Wheaton Home Search page

To look at more real estate data and statistics, including schools, past solds and more, visit our Wheaton Market Trends page

To look at foreclosures for sale in Wheaton, visit our Wheaton Foreclosure page

Thank you for reading, I promise to be updating this site more often. As always, if I can help you in any way with your real estate needs, please call me 630-363-6832!

Pete Economos

Comments rss

Comments are closed.

Aug

10

26W171 Embden Lane, Wheaton IL 60189

Posted by econteam under Uncategorized

Economos & Associates are excited to announce our home for sale in the Arrowhead Subdivision in Wheaton, IL at 26W171 Embden Lane priced at $339,900.

Play VisualTour

This four bedroom ranch on almost 1/2 acre is handicap accessible featuring 32″ doorways, ramps, roll-in shower, generator and more. The floorplan itself is open and spacious, with over 2000 sqaure feet of living space not including the huge 3 season room that overlooks a park-like backyard.

Updates since 2005 include new roof, furnace, insulation, attic fan and more.

Wonderful schools with Wiesbrook Elementary, Hubble Middle and Wheaton-Warrenville South High.

For more information with room dimensions, photos and more go to our 26W171 Embden Lane webpage.

For more information about market trends, real estate statistics, schools and more visit our Wheaton webpage.

To search for homes in Wheaton visit our homes for sale in Wheaton webpage.

Click here to search for homes for sale in the Arrowhead Subdivision in Wheaton

Comments rss

Comments are closed.

Aug

10

511 S Summit Street, Wheaton

Posted by econteam under Uncategorized

We are extremely excited to announce our newest home for sale in Wheaton, Illinois located at 511 S Summit Street!

Play VisualTour

This charming ranch listed for sale at $214,900 is located within walking distance of downtown Wheaton and downtown Glen Ellyn. Very spacious living area with a 21×14 living open which opens to the dining room and a large eat-in kitchen with pantry closet. Located on a quiet street with mature trees in a great neighborhood.

Enjoy the summer nights on the patio which overlooks the large, professionally landscaped yard.

For more detailed information, or to view more pictures and the virtual tour, click on the 511 S Summit Street webpage.

If you would like to view more homes for sale in Wheaton, IL you can visit our Wheaton webpage for more properties and market statistics.

If you would like to study housing statistics, market trends, school info and more for the Wheaton, IL area visit our Wheaton Real Estate Market webpage.

Comments rss

Comments are closed.