If you live in Oswego or if you are thinking about making this great city your home, you might want to keep up-to-date on what's going on in the real estate market.  Are you looking for current information?  Are you looking to sell your home and can't decide whether this is the right time for you and your family? Have you thought about purchasing a home but need more information?  Then this is the site for you! You will find helpful statistics that will open your eyes to the reality of what's sold and what is selling. I have included some great information on what has sold and the price ranges, days on market, month to month comparisons, and year ending comparisons. This information does not target individual subdivisions but is meant to be an overall view of the Oswego market. So, grab... 02/16/2012

The winds are howling and leaves are almost off the trees as one of the colder nights in Chicagoland begins.  Looking back at another month of home sales in Oswego the numbers tell the story. In the single family detached homes there are currently 219 active listings, 14 new listings less than 7 days old with 15 price changes, 66 homes in contingent stage and 10 pending a closing date.  In October 31 homes were sold. Year to date 262 homes have been sold.  Out of that number 61 were foreclosures and 32 were short sales.  In 2010 we had sold 242 homes so we are ahead of the game this year!  In the attached single family category we have 66 active listings, 2 new listings, 25 price changes, 26 contingent with 8 sold homes in October.  91 homes have been sold year to date with 34 foreclosu... 11/09/2011

A friend of mine noticed my earlier post regarding the fundraiser for District 99 and asked me to pass this one along as well.  When Saran’s aunt was getting ready to walk down the isle she had a brain aneurysm and died.  Now Saran was diagnosed with a benign tumor and had successful surgery in July but the medical bills are piling up.  So if you or someone you know is interested in helping this worthy cause please pass on the information.  It’s a good life. 10/31/2011

If you live in town or are thinking of moving here, what follows is a quick overview of single family homes in Oswego, IL! Currently we have 257 Active listings in the Single Family category.  We have 118 attached homes (condos/duplex/townhomes).  In the single family category we had 31 homes sold in August, 2011 with 11 in pending status. In August of 2010 we closed 28 homes in single family, so we are ahead by 3.  In August 2010 year-to-date there were 196 homes sold.  In 2011 our year to date is 207 with 72 distressed as of August 31, 2011 so we are ahead again without the homeowner credit incentive. In the month of August - attached family closings were only 7 with 4 in pending status. Compared to August, 2010 when there were 14 homes sold. in 2010. The YTD on August 31 was 93 sold ... 09/07/2011

We all have dreams but few of us are able to make our dreams a reality.  For those of us who live in the Oswego, IL area we can see the results of someone actually making their dreams a reality.  Many of us may be unaware that just off Grove Road, lies a wonderful small business that is making not only their dreams a realtity but helping others to have their dream weddings, family get togethers and other special events.  So follow me to this little hidden gem in the cornfields of Oswego. Just off Grove Road, I drove down a nicely paved lane just big enough for 2 cars and turned onto a long white gravel road behind one of the more exclusive subdivision  - Old Reserve.  Cornfields cover the area for miles and you can see another subdivision in the distance, as well as, one of the town's W... 08/15/2011

Believe it or not there is culture in the super boonies of Chicago.  On June 25th of 2011 the first performance at the Arranmore Performing Art Center was held in Oswego, IL.  Although it started on a rather somber note as rain sprinkled on the gathering crowd, the enthusiasm did not wane as people came from all around to join friends, family and neighbors and what I hope will be the first of many performances.   The event was well organized and the music was fantastic!  Billed as Cabernet Cabaret it was Broadway and a bit of the past, as well as, current songs. Performers were young, talented and enthusiastic.   My small group of four other friends and I came prepared with coolers full of libations and food.  It was wonderful to finally view the John Greene Farm where Arranmore Perform... 08/04/2011

Ashcroft Place June 2011 Market Report Ashcroft Place is a subdivision located in Oswego, Illinois. In June 2011 there were a total of 6 homes on the market in Ashcroft Place. Of those 6 active homes, 4 are currently under contract. Of the 2 homes that are on the market but not under contract, the current average list price is $256949 and these homes have been on the market an average of 106 days. For the 4 homes that are on the market and under contract in Ashcroft Place, the current average list price is $242425 with an average time on market of 296 days. In this same timeframe, a total of 2 homes in Ashcroft Place Subdivision sold. The average sales price for these homes was, $272000 and the average time on market between listing and contract was 84 days. View additional information ... 07/17/2011

Arbor Gate June 2011 Market Report Arbor Gate is a subdivision located in Oswego, Illinois. In June 2011 there were a total of 9 homes on the market in Arbor Gate. Of those 9 active homes, 3 are currently under contract. Of the 6 homes that are on the market but not under contract, the current average list price is $198100 and these homes have been on the market an average of 112 days. For the 3 homes that are on the market and under contract in Arbor Gate, the current average list price is $184966 with an average time on market of 79 days. In this same timeframe, a total of 1 homes in Arbor Gate Subdivision sold. The average sales price for these homes was, $188500 and the average time on market between listing and contract was 87 days. View additional information about Oswego Real Est... 07/17/2011

It's hard to believe that we are half way through 2011!  It's the 4th of July weekend and the latest numbers for single family homes are in.  There may be a few stragglers reported later on today but here are the current numbers for Oswego single family homes.   Active Listings                       - 230 New Listings                          -    3 Price Changes                      -   14 Reactivated                         -      1 Contingent (under contract)   -    86 Pending                             -       7 CLOSED IN JUNE                  -     32   Highest priced closed a $557K foreclosure in Stonegate Estates - the lowest priced a $124,900 short sale on Park.   Compared to June 2010 when we only had 27 closings we are ahead of the game.  But when it comes to Year to Date fig... 07/01/2011

Although I don't ride, I love watching horse riding, horses and the various variations of horsemanship.  On my daily trips around Oswego, IL I pass by many farms, stables and other properties where horses are grazing, romping around or being ridden along the back roads. Some of my earliest memories are of riding bare back with a cousin back in my homeland as a child.  So I really am glad that one of my neices is also a lover of horses and has been taking lessons for years and rides weekly in a barn near where I live despite the fact that she lives in nearby Naperville. Currently in Oswego there are 10 properties that allow horses - from the almost 2 million, 20 acre Fox Run estate to a lovely bank owned property listed at $469,900. If you like a lot of space and a unique one of a kind p... 06/18/2011

There is nothing like the smell of a new car...new upholstery, clean carpet and no dings!  Being the first whether buying a new car, finishing a race or graduating at the top of your class, is a great feeling! If you love that feeling, then buying a brand new house will give you the same thrill.  I worked as a new home agent for several years and it's very different from selling existing homes/used homes. The models are like a totally loaded car.  All the bells and whistles, granite counters, fireplace, deep plush carpeting, bonus room, finished basement, bay windows and of course, professionally decorated/designed space. Buyer's walk in and want exactly what is in the model until they start adding up the costs when reality sets in.  It's a time of high hopes and excitement, almost like... 06/15/2011

We are at the halfway point of the year and just for fun on a overcast cool Friday afternoon I decided to breakdown the numbers on the contigent listings in the single family category for Oswego, IL.  I originally wanted to do a blog on new construction vs existing homes. With 3 strong new construction subdivisions in town, I wanted to see how new homes sales were doing.  So here goes for all you who wonder what does contingent mean.  In our MLS (Multiple Listing Service) a listing is contingent when either it needs attorney review, financing (loan is in underwriting but has not received final approval),or  3rd party approval (usually a short sale).  Once the contingency is cleared then the listing will be marked pending - the final step before it actually closes/sold. Currently in the ... 06/10/2011

With six months already gone in 2011, Lakeview Estates like most of Oswego has plenty of homes for sale.  Currently we have 7 active single family listings, 1 short sale pending and only 2 closed transactions in the last 6 months.  Prices range from a high of $269,900 to a low of $169,900 for the short sale listing.  The average price for the closed transactions was $208,000.  We had 3 closed listings in 2010 at this same time.     In the duplex section of the subdivision we have 3 active listings, 3 pending and 2 closed listings in the last 6 months.  One of the pending listings is a short sale.  Both closed listings were foreclosures.  We are even compared to 2010 closings. Thinking of selling your home in Lakeview Estates?  Give me a call for a free selling consultation in today's ma... 06/10/2011

  With all the bad housing news on TV it sounds like no one is buying.  But the truth is somewhere in the middle.  People are still buying homes and we are still keeping pace with last year.  As of today, closings for May 2011 were 34 for single detached homes and May 2010 was 34!  We had less foreclosures in 2011 for May with only 1 versus 14 in 2010.  We had 2 short sales in May 2011 and only 1 in May 2010.  There are currently 10 homes that are pending (cleared all contingencies) in May that should close in the next couple of months. Year to Date for 2011 - 102 homes have closed versus 2010 were we had 119 closed.  Remember that in 2010 we had the 1st time homebuyer incentive which in my humble opinion caused an increased number of buyers taking advantage of the tax break.  Consider... 06/02/2011

Oswego, IL is your not your typical small American town.  With a rural feel to it yet with national shopping and top restaurant franchises and several grocery stores we have all the conveniences of a larger city.  With a diverse housing stock even millionnaires can find something to catch their attention. Do you crave privacy and some land? This executive retreat with a 5,500 sq. ft. Victorian custom home may be your dream home.  Known to locals as "Fox Run Farm" its only 10 minutes SW of Naperville.  It's a one of a kind that should be on your "must see" list if your price range is under 2 Million.  Click here for all the details. If you prefer less land and a slightly smaller home perhaps this 4 bedroom 4 bath - 4,300 sq. ft. home will fit the bill.  On a rural road with other custom ... 06/01/2011

      The spring weather continues to send rain and more rain in the Chicagoland area. With the spring market in full swing and less than a week away from the end of April how's our small town doing when it comes to Single Family home sales? Single Family                              TOTAL       MARKET           NEW           SHORT SALE           FORECLOSURE Closed YTD             59              20                 12                  13                            14 Contingent              63              30                 22                  28                             8 Pending                  18               2                  2                     3                            10   As of 4/22/2011 - We have had 59 sold homes. Of those 59 - 20 were regular market listings (i.e.... 04/23/2011

If you live in Oswego or if you are thinking about making this great city your home, you might want to keep up-to-date on what's going on in the real estate market.  Are you looking for current information?  Are you looking to sell your home and can't decide whether this is the right time for you and your family?  Have you thought about purchasing a home but need more information?  Then this is the site for you! You will find helpful statistics that will open your eyes to the reality of what's sold and what is selling. I have included some great information on what has sold and the price ranges, days on market, month to month comparisons, and year ending comparisons.  This information does not target individual subdivisions but is meant to be an overall view of the Oswego market.So, gra... 04/20/2011

I almost missed the great weather today in Oswego, as I went through my emails and answered calls, updated sites and did a bunch of administrative stuff that had to be done.  After being on a coaching call and finally leaving my office I opened my garage door and entered a new world. The air was balmy, the sun was shining and you could literally feel a change in the air.  Neighbors were out in the yard, people were on the bikes and I even heard birds chirping.  I took off my coat and almost felt like I had stepped into another dimension. It's the first 50 plus day in  Oswego and I had almost missed it!  With warm days so rare, especially in March, what was I thinking?  With a lighter step I got into my car and almost squeeled my tires...could be that spring is almost here and not too fa... 03/16/2011

THIS BUSINESS IS NO LONGER OPEN - NEW BUSINESS AT SAME SPOT - CRAZY BULL GRILL - LOOK FOR 1ST PERSON EXPERIENCE IN 2013.   After running around all day I remembered I had not taken anything out to thaw for dinner and decided to try out the new restaurant that opened up a couple of weeks ago on Route 71 in Oswego, IL past the high school.  . It was early on a Monday evening and still light since we had just changed to daylight saving time.  As I walked in and waited to be seated I took in the warm decor that immediately put you at ease.  The large bar area is immeidately in front of you as you walk in with dining areas to the right and left.     I was seated and asked to speak to the owner to get permission to take pictures and explain why I was there besides just having dinner.  Jimmy w... 03/14/2011

  Yesterday The Mainstreet Organization of Realtors®  awarded my dear friend, Mike Drews, The 2011 Realtor of the Year Award.  Since 1979 Mike has been serving the Aurora and Oswego communities as a licensed real estate agent, and community leader, loving husband and father.  Mike has been actively involved in the local, state and national associations along with dedicating many hours to the Rotary Club of Aurora and the Aurora Family YMCA.      Immediate Past President at Mainstreet Organization of Realtors ®                                Federal Political Coordinator for Congressman Randy Hultgren State Legislative Contact for State Representative Kay Hatcher Member of the National Association of REALTORS® Professional Standards Committee REALTORS® Political Involvement Committee Bo... 02/17/2011