Hoffman Estates, IL

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?

598 Claridge Circle., Hoffman Estates, IL 60169

3 Bedrooms/ 2.1 Bathrooms MLS# 07431516 $245,000

NOT a short sale or foreclosure Just priced like one!! LARGE & GORGEOUS 3 BDM AND 2 1/2 BATH, 2 CAR TOWNHOUSE. MANY NEW UP GRADES! $40,000 + IN LAST FEW YEARS! FIREPLACE SURROUNDED BY BEAUTIFUL STONE, 2 NEW SLIDING DOORS IN FAMILY/LIVING RM. VAULTED CLGS. NEW: 6 PANEL DOORS, SIDING & ROOF, FURN. & A/C TOTAL,GRANITE KIT, OAK FLRS 1ST LVL, CARPET UP GAR. DOOR, TOO MANY ITEMS TO LIST! TAKE ADVANTAGE THIS DEAL!!!!!

Click on the link below for more details and pictures:

http://www.realestate4uonline.com/s=active&MLS=IL07431516

RE/MAX Territory 847-956-2800

Foreclosure Basics - Fannie Mae Specials on the Home Steps Program

Well I guess they want to join the spring market with new incentives for buyers (dangle that carrot?) with closing costs help and new appliances! Most foreclosures obviously have 'iffy or icky' appliances so this would at least give buyers some incentives/breaks on those new appliances. This was just released and is valid until May 1, 2010. You must close by that date. The press release shown is not very clear but I rechecked and the date starts for contracts on January 27th, 2010.

My other post on Freddie Mac Foreclosures.

Think a foreclosure might be for you? I can help with all those questions.

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 January 22, 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 206 $335,324 200 2 or Less 6 $315,765 256 3 85 $255,655 176 4 94 $389,828 219 5 or More 21 $419,414 192

Attached Single

Bedrooms # Active Avg. LP Avg. MT All 221 $159,029 208 None 2 $47,400 95 2 or Less 142 $141,946 206 3 71 $193,164 211 4 6 $196,600 264

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 235 70% $335,634 $299,295 $283,626 95% 85% 162 $375,498 28% 2 or Less 4 80% $396,248 $368,099 $353,185 96% 89% 243 $364,900 20% 3 110 73% $270,513 $244,676 $232,908 95% 86% 154 $293,560 25% 4 107 69% $387,442 $345,098 $325,838 94% 84% 162 $421,928 26% 5 or More 14 50% $434,018 $358,714 $339,636 95% 78% 196 $460,343 50%

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 185 70% $163,636 $153,898 $144,935 94% 89% 170 $149,711 29% None 1 100% $49,900 $34,900 $34,900 100% 70% 70 0% 2 or Less 125 69% $151,046 $140,619 $131,573 94% 87% 172 $138,727 30% 3 58 74% $191,285 $183,169 $174,076 95% 91% 161 $178,005 26% 4 1 50% $247,450 $235,000 $235,000 100% 95% 593 $209,900 50%