Welcome

Welcome to The Schroeder Team!

We are licensed professional real estate agents and we are also real estate investors. We love to help clients BUY, SELL, and LEASE real estate through KETTLEY &CO REALTORS in the Fox Valley area of Northern Illinois. We are proud to be a part of KETTLEY &CO REALTORS (and KETTLEY COMMERCIAL), the 2009 leaders in home sales in the Fox valley area. We look forward to providing you with the exceptional service you deserve as we work to find the home of your dreams.

We don't *just* love real estate when we are wearing suits and name tags, though. We are dedicated to providing our clients with the best possible resources and service, even when we are at home in our pajamas completing online research or talking to clients on the phone about their needs.

Buying or selling a home can be stressful even under the best circumstances. In this rapidly changing market, the right information and assistance can be powerful resources. Our goal is to make those resources available to *you* at a keystroke whether you are at work on your lunch hour, at the coffee shop checking in, or just at home...wearing your favorite pair of comfortable old fluffy bunny slippers.

--David and Jennifer, The Schroeder Team
and Official "Agents In Pajamas"

*Please know that we do not sell or disclose your contact information to any other service.

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Extension of the Tax-Credit CLOSING Deadline

We now have until September 30, 2010 to CLOSE previously ratified (ratified by April 30, 2010) contracts for first-time buyers to receive their federal tax credit!

NAR article

Tax Credit is Extended through April 30, 2010

We all heard the tax credit was extended and also altered a bit. Here's the scoop: First time buyers are eligible for up to $8500 in tax credits this year if they enter into a contract for the purchase of a home by April 30, 2010 and close by June 30, 2010. Homebuyers who have already owned a home in the past 3 years are ALSO now eligible for a tax credit on their purchases (same time frame) of up to $6500. Houses must be owner-occupied. No tax credits are given for investment properties. There's still time to purchase. Call now and we'll tell you what to do!

2009 Homebuyer Tax Credit

There's been a lot of confusion about the tax credit offered by the Federal Government to this year's first-time homebuyers. If you'd like more information (or more detailed information) on this tax credit go HERE (to the National Association of REALTORS special page just for BUYERS).

Chicago Commercial Vacancies Increasing, Rents Decreasing

Today Loopnet.com reported (via CRE News, Copyright 2009) this:

"The retail vacancy rate in Chicago climbed to 10.2 percent in the fourth quarter from 9.1 percent in the third, according to CB Richard Ellis Inc. A year ago, the vacancy rate was 7.9 percent. Gross asking rents fell 6 percent to $22.06/sf, the lowest level since the third quarter of 2006. Rents are down in all but one of the Chicago area's submarkets, the far north suburbs. The expectation is that rents will continue declining, while vacancies will continue increasing through the end of the year.

Meanwhile, construction of retail space in the Chicago area declined to 8.66 million sf from 9.78 million sf a year earlier."

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