Diligently trying to keep both buyers and sellers educated on the
local Hanover Park Illinois Home Sales and housing market has been my goal with regular posts. This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity. Which is down not giving encouraging news!
26% over the last 3 months!
Isn't the $8000 Tax Credit making a difference? Isn't the lower interest rates making a difference? Maybe the great values in the area?
I honestly can't say the reason for this quarterly downturn. We were just up in sales 30% over the 1st quarter of the year. Average days on the market is also up at 194. The listing price to selling price ratio is 5%.
Currently for the Hanover Park Illinois Home Sales from July to September 2009 you can clearly see that over 78% of the closed sales have been under the $200,000 price range. The lowest sales price was $52,000 and the highest sales price was only $262,500.
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 telling you that there are many other buyers also in your price range all looking for that 'deal.'
How can this information help you if you are a seller? If you are planning on selling your home soon, you can see which price ranges are most active. Clearly the price range above $300,000 has been non-existent and rarely sales have occurred. You might have to plan accordingly for extra market time. As a seller, you have to be sure that your homes curb appeal and presentation is 'spot on'. in a market like this. Possibly some extra updates and staging might be required before you put your home on the market. Do you know what the average market time is for your price range?
Hey Lyn, what about foreclosures? Of those closed 41 total sales only 15 were foreclosures and 6 were short sales.
Market Update April, May, June 2009
Looking for a market expert to help you sell your home in the area?
Looking for a great home in the area?
Lyn Sims (847)230-7324 at RE/MAX Suburban
The 'Blog Dog' knows Hanover Park!
I sell 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.
Resources: MRED MLS of Northern IL, my little calculator and golf pencil.
Diligently trying to keep both buyers and sellers educated on the local Streamwood Illinois Home Sales 
and housing market has been my goal with regular posts. This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity. Which is up just slightly and is encouraging news!
Is it the $8000 Tax Credit? Is it the lower interest rates? Or maybe just great values in the area?
For the Streamwood Illinois Home Sales from July to September 2009 you can clearly see that over 82% of the closed sales have been under the $200,000 price range. The lowest sales price was $79,500 and the highest sales price was $557,000.
Average Days on the Market for these sales is 169 and the listing to sales price is 5%.
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 telling you that there are many other buyers also in your price range all looking for that 'deal.' I would recommend that you consider Streamwood a real value and a great place to get a home under $200,000 in the Northwest Suburbs.
How can this information help you if you are a seller? If you are planning on selling your home soon, you can see which price ranges are most active. Clearly the price range above $300,000 has been non-existent and rarely sales have occurred. You might have to plan accordingly for extra market time. As a seller, you have to be sure that your homes curb appeal and presentation is 'spot on'. in a market like this. Possibly some extra updates and staging might be required before you put your home on the market. Do you know what the average market time is for your price range?
Hey Lyn, what about foreclosures? Of those 66 total sales only 22 were foreclosures and 13 were short sales.
Market Update April, May, June 2009
Looking for a market expert to help you sell your home in the area?
Looking for a great home in the area?
Lyn Sims (847)230-7324 at RE/MAX Suburban
The 'Blog Dog' give you the Streamwood Market Pawspective!
I sell 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.
Resources: MRED MLS of Northern IL, my little calculator and golf pencil.
This post is actually in response to a lady asking a question on Trulia:
"We have had our house on the market now for 6 months without a single showing. Is this typical? We are at the 400-500 range, are none of these selling now?"
Answer: A very small percentage of this sales range has sold. Between the price range of $400,000 to $500,000 there have been only 5 sales during this last 3 month period.
Diligently trying to keep both buyers and sellers educated on the local Bartlett Illinois Home Sales and housing market has been my goal with regular posts. This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity. Which is up by the way - giving encouraging news!
30% over the last 3 months!
Is it the $8000 Tax Credit? Is it the lower interest rates? Or maybe just great values in the area?
For the Bartlett Illinois Home Sales from July to September 2009 you can clearly see that over 62% of the closed sales have been under the $300,000 price range. The lowest sales price was $125,000 and the highest sales price was $487,500.
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 telling you that there are many other buyers also in your price range all looking for that 'deal.'
How can this information help you if you are a seller? If you are planning on selling your home soon, you can see which price ranges are most active. Clearly the price range above $350,000 has been non-existent and rarely sales have occurred. You might have to plan accordingly for extra market time. As a seller, you have to be sure that your homes curb appeal and presentation is 'spot on'. in a market like this. Possibly some extra updates and staging might be required before you put your home on the market. Do you know what the average market time is for your price range?
Hey Lyn, what about foreclosures? Of those 74 total sales only 15 were foreclosures and 6 were short sales. Unsubstantiated thinking that foreclosures are making up a majority of the marketplace.
Market Update April, May, June 2009
Looking for a market expert to help you sell your home in the area?
Looking for a great home in the area?
Lyn Sims (847)230-7324 at RE/MAX Suburban
The 'Blog Dog' knows Bartlett!
I sell 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.
Resources: MRED MLS of Northern IL, my little calculator and golf pencil.
The letter arrives in the mail stating that "your water service line 
that brings fresh water into the home might need some maintenance. Have you considered what you would do if you were to suffer a burst or break in your water service line?"
Well first off if you received this letter don't panic! It's a completely unnecessary service says the Village of Schaumburg for most homeowners. You see, your water pipe going into your home has a useful life expectancy of 100 years. How old is your home? Well, subtract that and that's how many years you don't have to worry about it.
Now if you come home from work someday and see a geyser coming up from your front lawn, well, that's an immediate problem. Except in extreme cases, chances are this coverage is not necessary for you and your home.
Now another client in Streamwood received a similar letter from a different company that said her drinking water might be effected. Well, that would make anyone pay attention wouldn't it? According to the water dept. at the village your water line (in) and your sewer line (out) are not connected at all. Another scam making you feel that if you don't get your water tested you are drinking pond scum with your morning coffee. Yuck.
So these services seem to cost between $59.88 to $110.00 depending on which company you received the letter from. Call the village to verify that this service is not required. Keep your money in your own pocket!
Money saving good deed for me for me today. So I'll go back to watching the geyser in my neighbors yard!
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.
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include the Elgin Area. Sellers are competing to make their home standout and enhance their marketability. Prices have held between 4 to 5% from the listing price over the last few months.
Here is the chart of ACTIVE Single Family Prices for Elgin homes with the MARKET TIMES posted as 'average days on the market.' There currently are 819 single family homes available for sale with an average market time of 279 days.
The average list price is $276,736 and the highest listing price is $1,399,900. The largest selection of homes occurs under $200,000 price range with 342 available. The lowest price is just $29,000 which would be considered a 'value price' at any time of the year. I always like to call these my 'Internet deal alerts'.
To start your up to the minute search for homes available in Elgin. I'm looking for townhomes in Elgin.
Please contact me Lyn, I need more information!
Lyn Sims and the Blog Dog©
(847)230-7324
RE/MAX Suburban
Email: LynSims@remax.net
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/
Elgin IL Homes and Market Times, October 2009 ©2009 Lyn Sims and TheBlogDog.net
Broker and Dog with a Blog! Associated with the area's top listing and selling company for over 25 years! Social Media Agent gets top in internet presence in the Northwest Suburban Chicago Area.
You can feel confident that whether it's pricing your home, qualifying the purchaser, negotiating a contract, lining up financing, coordinating the closing, displaying the latest advertising techniques or just explaining the entire process ... you can always rely on her ability to guide you thru the whole process!
Above all, you'll know she has the confidence and the experience to get the job done!
The bottom line for you as a seller is more money in your pocket, the bottom line for you as a buyer is saving money with a better purchase price!
Working with one of the largest and most successful firms in the area, I can give you the greatest competitive advantage whether buying or selling!
Lyn's website is one of the top 75 RE/MAX agent websites in the Northern Illinois Region for 2006, 2007 and 2008 (Hey there's 3200 total agents). This brings in more buyer traffic for your home.
You will have confidence that with over 25 years experience, she knows how to negotiate the best price for you in today's market.
Earning a Brokers designation has provided her with the advanced marketing knowledge required to sell homes faster, and for more money in today's competitive marketplace.
You have the assurance that she has been working hard right in your neighborhood year after year - full time.
You need a competitive advantage! Being with one of the largest and most successful firms in the area, she can deliver that in this tough market. Gone are the days when homes 'sell themselves'.
You deserve effectiveness! While other companies are barely holding their market share, we are outproducing our competitors year after year! Within the Northwest Suburban Market Area (MRED) for 2008, RE/MAX had 28.3% of market share! That's 1 out of every 4 homes in the area were sold by us - no one comes close to our results! DuPage County Results
Just in the Bartlett Area alone, RE/MAX has 42% of market share! That's over 1 out of every 3 homes sold there! Click here for the results!
Click here for the results in Streamwood Click here for results in Hanover Park
IF YOU WANT TO BUY .... LYN WILL ....
IF YOU WANT TO SELL . . . . LYN WILL . . . .
MY COMMITMENT TO YOU!
I Promise ..... To provide the highest degree of honesty and integrity, coupled with professional and effective service for all the clients I represent. I will never tell a client anything but the truth, I will never promise anything I can not or will not deliver.
I Promise ..... To monitor and coordinate every transaction from contract to closing with the support of my staff and every one involved in the sale of your property. To conduct a professional and trouble free closing.
I Promise ..... To help my client receive the best possible price for their home based upon the market and economic conditions.
I Promise ..... To continually strive for excellence in my profession, to look for more effective ways to better service my clients.
THIS IS MY PERSONAL DEDICATION TO ALL MY CLIENTS!
Past Client Testimonials:
She is a 'Can Do' person that makes you feel good about the whole process of selling your home. From the very beginning we felt so comfortable with her and had great confidence in her experience and knowledge of the Real Estate market. After our first meeting with her, we knew she was the agent for us. She guided us through the whole process with helping us with presentation and never letting us lose hope, even in these difficult times with the market. She was always coming up with fresh, new, and innovative marketing techniques to stimulate interest and market our place. She also always kept you well informed on what was happening in the Real Estate market in our area with updates on listings, and sales.
You could not ask for a more knowledgeable, and dedicated agent than Lyn Sims. You always knew she was there for you with good advice and the knowledge that she was always looking out for your best interest. When we had a problem, she was the one we knew if we called her, she would come up with a very workable solution. We will always value her professionalism and friendship and would recommend her to all our friends.- J.B. and S.B., Freeport, formerly of Schaumburg
"Purchasing my first home was very exciting for me and I appreciate you being there to guide me through. Thanks so much for all your help!"
- C.D., Bloomingdale
"She proved to be knowledgeable and professional every step of the way. She gave expert advice and kept me continually informed!"- G.R., Schaumburg
"You've helped me in so many ways since I started my search for this home. I'll always recommend you to my friends!"- J.D., Schaumburg
"She is a hard working and aggressive agent! We would not hesitate to recommend her to others who are in the market to buy and sell a home!"- P.G., Buffalo Grove
"Lyn's cooperation, resourcefulness & willingness to do whatever was necessary to overcome a variety of difficulties we encountered with our home sale was most appreciated!"- M.K., Inverness
"I appreciated her cheerful, courteous disposition and perseverance in finding new ways to market my home!"
- P.H., Wilmette
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