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Lyn Sims ~ Chicago Northwest Suburbs

Schaumburg Homes - Market Update by Price Range - March 2009

Schaumburg Illinois Market Update by Price Range - March 2009

Always trying to keep both buyers and sellers informed on the local Schaumburg housing market has been my goal for many years.

 

This market update gives you graphs of homes that have sold by price range so you get a feel for the current sales activity.  Which is up by the way!

 

How can you use this information if you are a buyer?   The price range that you are thinking of purchasing in, is it one of the more active price areas of the market?  It would be ideal if it was.

 

How can this information help a seller?  If you are planning on selling your home soon, you can see which price ranges are the most active.  Clearly the price range above $500,000 has been very slow and very few sales have occurred.  You might have to plan accordingly for extra market time.  As a seller you have to be sure that your home is ‘spot on’ in a market like this.  Some extra updates and staging might be required before you put your home on the market.


So for the Schaumburg Sales for January to March 31st, 2009 you can clearly see that over 75% of the closed sales have been under the $300,000 price range.

Schaumburg Homes

The following graph provides closed sales in Schaumburg from July to December 31st, 2008

Schaumburg Homes














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Schaumburg Homes


     Lyn Sims (847)230-7324 at RE/MAX Suburban

 




I proudly serve and sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

Disclaimer:  All data and information provided on this blog is for informational purposes only.  Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

 

Resources:  MRED MLS of Northern IL

Schaumburg Market Update by Price Range  ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

Tax Day Tea Party - Chicago IL Area

"T.E.A. PARTY" as in Taxed Enough Already!

I'm not a nut job - stop making me out to be one!

I'm not a radical wacko - stop making me out to be one!

I am definitely not a right wing extremist trying to make trouble - stop making me out to be one!

What I am tired of is politics as usual! So my little flag and I decided to attend the Tax Day Tea Party in Tax Day Tea Party Lisle ILone of the Chicago suburbs of Lisle, IL on April 15th, 2009. All those attending were just your regular middle class suburbanites who love their country but are tired of the politics, especially the politicians themselves and the constant burden of taxes, taxes and more taxes.

A lot of great people showed up - large, small or tall. Veterans, young, old, some in colonial garb and ladies with tea bag earrings. Some in wheelchairs and walked with canes. Considering where they made us park, I was impressed with their being able to make it to the park without as much as a complaint. They carried flags and were proud to be there and to take part.

I was really surprised to arrive home and not find a lot of media coverage over the event and what was mentioned on the boob-tube made it a ‘non-event'. Tell that to the 1000 people or so that showed up with their flags, posters and general good humor!

The event was attended by speakers Lisle Mayor Joe Broda, Dr. Steven Sauerberg, Rob Fiulio, Joe Kaiker, Michael Tams, and IL State Rep. Michael Connelly. Sandy Rios from WYLL AM 1160 radio and Jerry Agar from WLS AM 890 radio were also there showing their support of the cause.

The media and the politicians are going to get a rude awaking sometime soon when more people join in and decide to take part in their governments' everyday operation. It's time to pay attention to how YOUR tax dollars are being spent.

Join the fight against massive government spending and higher taxes! To learn more about ‘parties' in your state being planned in the future, go to this national website.

Tax Day Tea Party Lisle ILTax Day Tea Party Lisle IL

Monday Morning Outlook


Tea Party Economics To view this article, Click Here
Brian S. Wesbury - Chief Economist
Robert Stein, CFA - Senior Economist
Date: 4/20/2009

Hoffman Estates Illinois Market Update - Lyn Sims (847)230-7324

Well lately we’ve heard some media buzz that improvement is happening in the Hoffman Estates Illinois Real Estate Market and I just wanted to letSchaumburg homes you know that YES – it’s true!

So for the month of March 2009 .............. we’ve had 16 properties close – YIPPEE.

All the closings were below the $398,000 price and only 3 were actually above $300,000. This is basically showing us that obviously the first time buyers are spurring along the market. Also for those wondering, only 5 were marked foreclosures and 3 were marked short sales. Our MLS allows us to differentiate these from regular closings. The lowest sales price was $101,000 which is a great deal for a 3BR home on a larger lot in Hoffman Estates!

Now with the pending sales during March 2009 – 32 homes went under contract and 22 are below the $400,000 list price. So again we see that nothing is really happening yet in the upper price brackets for March.

There are currently 94 homes for sale below $300,000 available in Hoffman Estates.

Hoffman Esates Illinois





Looking for a great home in a great area?
Want to see some homes?

Hoffman Estates homes

Schaumburg Homes

Lyn Sims (847)230-7324 at RE/MAX Suburban





I proudly serve and sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Hoffman Estates, Schaumburg, Elk Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.



Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.


Hoffman Estates Illinois Homes for sale ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

Schaumburg Homes - Market Update for March 2009

Well lately we’ve heard some media buzz that improvement is happening in the Schaumburg Illinois Real Estate Market and I just wanted to letSchaumburg homes you know that YES – it’s true!

So for the month of March 2009 .............. we’ve had 19 properties close – YIPEE.

Of all the closings 16 were below the $330,000 price and only 3 were above. This is basically showing us that obviously the first time buyers are spurring along the market. Also for those wondering, only 5 were marked foreclosures and 2 were marked short sales. Our MLS allows us to differentiate these from regular closings. The lowest sales price was $165,000 which is a great deal for a 3BR home in Schaumburg!

Now with the pending sales during March 2009 – 27 homes went under contract and all are below the $445,000 list price. So again we see that nothing is really happening yet in the upper price brackets for March.

There are currently 54 homes for sale below $300,000 available in Schaumburg.

Schaumburg Illinois





Looking for a great home in a great area?
Want to see some homes?

schaumburg homes

Schaumburg Homes

Lyn Sims (847)230-7324 at RE/MAX Suburban





I proudly serve and sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.



Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.


Schaumburg Homes for sale ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com

5 Richest Zip Codes in Illinois


5 Richest Zip Codes in Illinois

This was from a strange post in Google for the top 5 richest zip codes in each state. I’ve just chosen my ownGold Coast state of Illinois as an example for this article. These prices and taxes are just jaw dropping!



60614 City of Chicago, Lincoln Park (MLS Area 8007) Highest listing at this writing is $10 Million for new construction. Next is $7,999,999 but it’s not $8 Million thank goodness because it would be completely unaffordable! Taxes for this place are $25,300 per year.

60010 Barrington Highest listing at this writing is $17 Million with taxes of $94,300 – hey it’s in Cook County too where the taxes are always lower!

60045 Lake Forest Highest listing at this writing is $18 Million with $112,400 per year in taxes.

60610 City of Chicago, Gold Coast (MLS Area 8008) Highest listing at this writing is $12 Million and taxes on this place are $61,300 per year. These are not typo’s guys!

60093 Winnetka Highest listing is $7,450,000 with taxes of $95,100 per year – no wonder they're moving.


Gold Coast



Each States Richest Zip Codes – Scroll down to begin seeing information on each state.

Sept. 2006

Lyn Sims

Lyn Sims (847)230-7324 at RE/MAX Suburban


I proudly serve and sell real estate in the Northwest Suburbs of Chicago. If you are thinking about purchasing or selling your home in the communities of Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and more importantly, want to work with a local area expert, contact me immediately.

Disclaimer: All data and information provided on this blog is for informational purposes only. Lyn Sims makes no representations as to accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from it’s display or use.

Resources: MRED MLS 3/17/09

5 Richest Zip Codes in Illinois ©2009 Lyn Sims - RealEstateConsumerInfo.com and RealEstateBuyMe.com