Hoffman Estates, IL

RE/MAX is almost three times as effective as the next competing real estate company in Hoffman Estates for 2009! That's alot of real estate!

Looking to get your home sold in this tougher market? I'd love the get the job done!

Looking to buy a home and want someone experienced to help you avert the potential potholes?

Give me a call or email me so we can get started today!



Hoffman Estates IL Real Estate Market Share 2009

HGTV Episodes about our area!

Was pleasantly surprised to see our area of Hoffman Estates featured in one of the HGTV segments on 'My First Place' recently. I had recorded (TIVO'd?) two episodes to watch about staging and the one was about a popular area stager Julea Joseph in which she transforms a room with one day's notice. Julea did a fabulous job.

The other was about a first time home buyer that started out in Libertyville (20 miles north) and by the end of the program ended up in a ranch in Hoffman Estates! Hey, that's my area and what are you doing with an unknown out of the area agent buyin' a house! She was very lucky for the publicity but I don't know who she even is! Even after the TV spot, I don't know anything about her! Talk about a lost opportunity for some PR!

So as I am watching the segment I jump up and yell 'hey I know that guy ...... he's Dave Jacobsen the home inspector guy I use!' So they are inspecting the furnace which seems to have a cracked heat exchanger which is not a good thing folks. Whoops, can you say new furnace? Evidently they get it all worked out and the couple move into their new home!

It's great to see our area on TV. Who says nothing ever goes on around here that's exciting! Who was that mystery agent?

Heck when my dog and I were taped for TV on rinky-dink WCIU I was tellin' everybody!



"Commitment Before Contract" Episode on HGTV
ABC Home Inspections with Dave Jacobsen

Hoffman Estates Real Estate

Dennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends. Below, at the end of the page you will find Hoffman Estates real estate statistics for the last 12 months as of February 19, 2010.

To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active

If you would like a free list of homes for sale in this area/neighborhood or would like more information about Hoffman Estates, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page=search&selected=qck&mode=N&acc=32722&s=active

Dennis Toomey

RE/MAX Territory

847-338-0180

http://www.housebyzip.com/

dtoomey@remax.net

Hoffman Estates Real Estate Market Conditions

Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed, Expired Property Type: Detached Single, Attached Single Area: Hoffman Estates Months Back: 12 Months

Active Listings

Detached Single

Bedrooms # Active Avg. LP Avg. MT All 214 $334,263 200 2 or Less 7 $314,200 328 3 87 $258,908 175 4 99 $387,747 219 5 or More 21 $401,000 168

Attached Single

Bedrooms # Active Avg. LP Avg. MT All 234 $160,647 189 None 2 $47,400 122 2 or Less 157 $146,706 181 3 70 $192,417 199 4 5 $198,920 342

Off-Market Listings

Detached Single

Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 232 70% $331,645 $300,350 $284,577 95% 86% 166 $361,869 26% 2 or Less 4 80% $396,248 $368,099 $353,185 96% 89% 243 $364,900 20% 3 106 73% $268,454 $245,374 $233,834 95% 87% 158 $285,149 24% 4 108 71% $378,290 $344,234 $324,701 94% 86% 168 $400,145 23% 5 or More 14 48% $431,807 $358,714 $339,636 95% 79% 196 $453,980 52%

Attached Single

Bedrooms # Sold % Sold Avg OLP Avg LP (Sold) Avg SP SP:LP Ratio SP:OLP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 187 69% $163,817 $153,179 $144,564 94% 88% 167 $152,337 30% None 1 100% $49,900 $34,900 $34,900 100% 70% 70 0% 2 or Less 124 68% $149,486 $138,609 $130,026 94% 87% 170 $136,694 30% 3 61 71% $193,444 $183,395 $174,433 95% 90% 155 $186,952 29% 4 1 50% $247,450 $235,000 $235,000 100% 95% 593 $209,900 50%

I really have to laugh at this platform - Trulia Questions. Not familiar?

Now it seems that 'anyone' can answer real estate questions for points! Just like an Active Rain wanna be? Trulia now has different 'levels' and different point systems in essence playing a real estate Mario Bros. game! What I'm laughing at is that buyers are answering other buyers questions and they don't know what they are talking about all in the name of points!

This reminds me of Rich Jacobson and his recent post 'Do customers get qualified answers on Trulia and Zillow? Rich was recently 'spanked' on Trulia because he had said that you should only answer questions based on your particular area & field of expertise. Somehow it became a mini State Farm commercial about 'being a good neighbor'!

But the premise being, what kind of advice is really being offered here? Why are agents located in Washington giving advice to a buyer in a local market of Streamwood IL? For points?

Is the consumer actually benefiting?

I say they're not! Different contracts, different laws, different customs all makes the consumer more confused. Isn't our job to cut thru the confusion?