Wheaton Housing Market Trends: January 2012

For more accurate and detailed information on the housing market and trends in your area visit Wheaton Homes For Sale and then click on Market Insider and just input the desired areas zip code!

The median listing price for a home and/or condo in Wheaton (60187 and 60189) is just over $405,000 with homes actually selling around $292,000 (from sold data calculated up to Nov 2011). As these homes are listed for sale it is taking about 124 days on the market in order to sell these homes.  There are currently 367 active listings in the Wheaton area with a just about 19% of those listings being distressed properties (foreclosures and short sales).

Price Trends Sold vs Listed in Wheaton 2011-2012

Provided By: Katie Oakes; Keller Williams Premiere Properties

Housing Market Update November 2011

November 2011 Market Update

While home sales in September were down slightly from a relatively strong month in August, they were up from a year ago, giving encouraging signs of a strengthening market and potential for stabilizing, if not appreciating, home prices. These signs include an increasing demand, shown by the number of people shopping for homes, and the decreasing inventory of homes for sale, in conjunction with some of the lowest levels of new housing construction since the 1960s.
Of the 3.48 million homes sold in September, 32% were first-time home buyers. With more and more people entering the market, the persisting obstacle for most is still the restrictive lending environment. In a plea to banks and policy makers, NAR President Ron Phipps said, "We need to remove the roadblocks to a housing recovery—not place more obstacles in the way of financially qualified buyers."

With an increasing demand and shrinking inventory, it is hoped that banks will begin to see the market potential and start to lend to otherwise creditworthy home shoppers, opening the road to a more rapid recovery. While consumer confidence still remains at all-time lows, retail spending increased 1.1% last month, a positive sign of growth fueled by the approaching holiday season, which could propel the U.S. into a promising new year.

For more housing market data relative and specific to your area visit Real Estate's Market Insider and enter the desired zip code.

To browse homes for sale in your area for free visit WheatonHomes4Sale and enter your search criteria!

Got Junk? Visit Wheaton's Upcoming Electronics Recycling Event

September Electronic Recycling
 Sept. 10, 9 a.m.-noon

Drop off your unwanted electronics and old batteries for recycling during the City's monthly collection event Sept. 10, 2011. This month's event will take place from 9 a.m. to noon at Commuter Parking Lot 9, which is located at the corner of Carlton Avenue and Liberty Drive. Please enter from Carlton Avenue. Note: This is the location for the September collection only. Electronics such as televisions, computers and printers and small household appliances such as toasters and hairdryers are accepted along with household batteries. For more information on this recycling event and what items are accepted please visit City of Wheaton's Site.


Interested in buying or selling your home in Wheaton or a surrounding area? Visit WheatonHomes4Sale.com to browse homes currently listed for sale and for helpful community information on the current local housing market.

Wheaton Housing Market August 2011

For more accurate and detailed information on the housing market and trends in your area visit Wheaton Homes For Sale and then click on Market Insider and just input the desired areas zip code!

The median listing price for a home and/or condo in Wheaton (60187 and 60189) is right at $408,000. As these homes are listed for sale it is taking about 100 days on the market in order to sell these homes.  There are currently 512 active listings in the Wheaton area with a little over 10% of those listings being distressed properties (foreclosures and short sales).

Price Trends Sold vs Listed in Wheaton 2010-2011

Want further guidance on how to get your home sold in this market? Contact Katie Oakes at KatieOakes@KW.com or visit Wheaton Homes For Sale for further information on selling your home.

Interested in buying in Wheaton or the surrounding areas? Visit Wheaton Homes For Sale and start your free property search with access to 1,000's of homes listed for sale!

Selling Your Home? Don't Miss These Tips

When you are planning a move, you need all the help you can get. Here's a checklist to make sure you stay on track:

Looking to Buy or Sell your home?  Visit my website to learn more about the buying and selling process or contact me at KatieOakes@KW.com to setup a free consultation.

1.  For long-distance moves, a moving truck is a must. But even if you're just moving across town, renting a moving truck makes sense. Reserve your truck at least two weeks in advance of moving day.

2.  Pack in increments.

3.  Start early to avoid the stress of last-minute rushing. It's OK to leave a box open in case you need something you've packed. It's much easier to tape a box shut on moving day than it is to pack at the last moment.

4.  Buy sturdy boxes in a variety of sizes, as well as foam and bubble wrap to protect fragile items. You'll also need a supply of packing tape and markers.

5.  Make sure you have moving blankets and hand trucks to make the process easier.

6.  Purge before packing.

7.  It's much easier to throw away, donate, sell or give away items that you don't need than it is to pack them and move them. As a rule of thumb, if you haven't used something in the past 12 months, or if it's still packed in a box from the previous move, you can probably get rid of it.

8.  Label boxes as you pack.

9.  First, list the room that the contents belong in and, if necessary, a few details, such as "glass," "fragile" or "dishes." As you load the truck, try to keep boxes for each room grouped together.

10.  Load the heaviest items onto the truck first to create a sturdy base, then start stacking.

11.  Moving trucks are taller, wider and heavier than the passenger vehicles you are accustomed to driving. They require more distance to stop. Be careful driving your moving truck, especially after it's loaded. Be aware of low-hanging tree branches and building overhangs, and use caution when cornering. Don't forget to park only in well-lit areas, keep the rear door padlocked and lock the passenger compartment doors.

12.  Create a travel bag for moving day and keep important paperwork, credit cards, identification, a change of clothes, beverages and snacks at hand.



Source:  Chicago Tribune - Real Estate