June 2010 
There are 3 blog entries for June 2010.
Homer Glen Festival
Tuesday, June 29th, 2010 at 2:54pm. 1034 Views, 0 Comments.
It was great timing to be able to attend this year's Homer Glen Parade and Festival since we'll be moving to our Homer Glen home soon. My husband's old band (he doesn't play with them much anymore as he is in a different band) played last year and this year. I missed last year's festival so was happy to be able to make it this year, although I didn't see the parade.
I thought that attendance was light but my friend told me it was twice as many people as last year's event. It will hopefully grow larger year after year.
Someone mentioned that there was a wolf on display so I went looking. Before finding the wolf I stopped by a petting area with some interesting looking alpacas (I thought they were llamas), goats and a pony.
Behind
…Is Shadow Inventory Affecting the Chicago Real Estate Area?
Wednesday, June 16th, 2010 at 3:38pm. 642 Views, 0 Comments.
What is Shadow Inventory?
Most of us will agree that "shadow inventory" comprises of properties that are bank owned that are not on the market for sale yet and can also include homes that will fall into foreclosure when loan modifications or short sales are not transacted.
Where Does the Chicago Market Stand?
I just read an article that referenced an analysis of “Shadow Inventory” published by Standard & Poor's Rating Services. The analysis did not include any mortgages backed by Fannie Mae or Freddie Mac. I was eager to see if Chicago would be listed in the article, and it was.
The areas that were hit the hardest, such as Phoenix, Las Vegas, Detroit, San Diego, San Francisco, etc., currently have the least amount of shadow inventory.
…Using Synergy to Help a Friend
Friday, June 11th, 2010 at 4:51pm. 645 Views, 0 Comments.
The real estate business is based on synergy. The MLS is a database of local listings that the listing agent adds their listings to with 
a promise of a "cooperative commission" to the agent that brings the buyer, called the selling or buyer's agent. Although it seems every real estate agent is working against each other, that is really only our marketing efforts to try to get new clients. Once we get a client, we start cooperating whether it is to sell one of our listings or to find a new residence for our buyers.
And now many real estate agents are cooperating again to try to help one of our own. Carolyn Capalbo is a REALTOR in the Northern Virginia area that shares her name with the mother of a woman involved in a political sex scandal.
…