DAWG'S BLOG

...Naw..not really but it goes to show the power of the media in our daily lives. See....the "Dawg" comes from the world of radio in my BRE (Before Real Estate) life. Say I went on the air and said in my best Wolfman Jack impersonation, "Stock up Boys and Girls,...Ahooooooo! ...There is gonna be a toilet paper shortage in our fair city toooooonight!  Ahroooooooooooooooooo!"

Well by night fall you Bob, Barb and Cindy have trampled Mr. Whipple in the process of buying up every last roll of Charmine on the store shelves. Yup...there is now a shortage.....on the store shelves that is...you all have enough toilet paper...and the only ones hurting are the ones who didn't believe the ol' Dawg. I speak the truth...

Substitute "Gas" for "Toilet Paper" and you have the 1970's Gas Crisis.....Substitute "Housing Market"(or "Financial Market" ) for "Gas' and...well you got the idea...people create their own panic.

Who's got the plan to turn this thing around? hmmmm? Looks like we are forced to vote for the lesser of two evils....vote carefully

By The Numbers...

For September 2008 Single Family Detached Homes (Information courtesy of MLSNI)

Naperville

Active Listings:990 (as of 9/30/08)

Sold(9/01/08-9/30/08): 96

Months Supply(Act/Sold): 10.31 Months

High Sold Price: $4,950,000

Average Sale: $549,440

Average Market Time: 126

Septermber 08 Top Subdivision (sales): Brookdale(5), Ashbury, White Eagle  (4)

www.NapervilleHomeSeller.com

Aurora

Active Listings: 1093 (as of 9/30/08)

Sold (9/01/08-9/30/08): 113

Months Supply(Act/Sold): 9.67 Months

High Sold Price: $754,500

Average Sale: $197,877

Average Market Time: 136

September 08 Top Subdivision (sales): Stonebridge (5),Lakewood Valley (4)

www.AuroraHomeSeller.com

Plainfield

Active Listings: 915 (as of 9/30/08)

Sold (9/01/08-9/30/08): 85

Months Supply(Act/Sold): 10.76 Months

High Sold Price: $579,000

Average Sale: $269,304

Average Market Time: 149 Days

September 08 Top Subdivision (sales): Wesemere (7) ,several tied at  (3)

www.PlainfieldHomeSeller.com

Oswego

Active Listings: 339 (as of 9/30/08)

Sold (9/01/08-9/30/08): 19

Months Supply(Act/Sold): 17.84 Months

High Sold Price: $417,600

Average Sale: $277,608

Average Market Time: 189 Days

September 08 Top Subdivision (sales): Church Hill Club (2),Spring Gate (2)

www.OswegoHomeSeller.com

 Back next month to see if we can turn this ecomony around....one person at a time....your thoughts??

-Dawg-