It’s a Seller’s Market

KCM supply

Nationally, the housing inventory is down 0.5% from last year (we have a 4.6 month supply). Mortgage interest rates are still under 4%, and Fannie and Freddie just released some new programs for down payments as low as 3%. What does this mean? If you are thinking of selling your home, please contact me, as there is a good chance there is a buyer out there waiting to buy it!

Photos with Santa

Pictures with Santa 2014

J.W. Reedy 2014 Decorating Contest

JW Reedy Decorating Contest

Good Read: Article Featuring J.W. Reedy History

 

 

JW Realty And Kit Homes Part Of Area History

SPONSORED • Published: Thursday, Oct. 9, 2014 9:46 a.m. CDT • Updated: Friday, Oct. 10, 2014 10:40 a.m. CDT

Based on principles like integrity, attention to personal service and detailed follow-through, JW Reedy Realty has been helping customers discover their dream homes in towns like Villa Park and Lombard for more than 85 years. Part of this long record of success in local real estate can be traced to the historic kit homes that were shipped to the area by rail from stores like Sears and Montgomery Wards.

“The lumber and pieces were numbered, and you put them together almost like tinker toys,” Jean Reedy Baren recalls. Her grandfather, J.W. “Jack” Reedy, founded the business in 1928 in Villa Park. In those early days, home buyers would browse through a catalog and select a kit home, which would arrive by rail car and then be trucked to the home site ready for assembly. With parts created by companies like Lewis-Liberty and Michigan-based Sterling, the walls, rafters, plumbing, fixtures, flooring and other components of the kit homes were numbered according to the floor plan instruction booklets that came as part of the package. Billed as “modern homes” by Sears, the kit homes remained popular for years, with construction continuing into the 1940s. These quaint homes have even been recognized by the Villa Park Historical Society and Visitors Center, which has certified 11 existing homes in the town as original Sears catalogue homes.

With such deep roots in the area, the realtors of JW Realty are uniquely qualified to help you buy or sell a home in communities like Villa Park, Lombard, Elmhurst, and Addison.

Visit any member the helpful staff at JW Reedy Realty at their main offices at 1136 South Main St. in Lombard. For information visit jwreedy.com or to set an appointment, call 630-629-0016

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Real Estate Taxes Too High?

Real Estate Taxes Too High?

Join us for an informational workshop on appealing your property tax assessment.

Wednesday, September 24th, 2014 7:00 PM.
J.W. Reedy Realty
1136 S. Main St. Lombard

Limited SeatingRSVP to 630-629-0016 by September 19th