The Blog Dog .net

 COMMUNITY DAYS AT DUPAGE AIRPORT    July 24th, July 25th and July 26th, 2009

Friday, July 24th Collings Foundation WWII Aircraft Static Display 2pm - 5pm Saturday, July 25th Special Olympics Plane Pull Registration at 8am Pull Starts at 9am Collings Foundation WWII Aircraft Static Display 10am - 5pm Tenant Static Display 10am - 5pm Kitty Hawk Cafe 10am - 5pm Ronald McDonald House Charities 'Flying High BBQ' 4pm - 8pm Sunday, July 26th Collings Foundation WWII Aircraft Static Display 10am - 5pm Tenant Static Display 10am - 5pm Kitty Hawk Cafe 10am - 5pm Monday, July 27th Collings Foundation WWII Aircraft Static Display 10am - noon We would like to send a special thanks to those participating in our static display:  AMERICAN FLYERS CIVIL AIR PATROL FIRST DIVISION MUSEUM AT CANTIGNY ILLINOIS AVIATION ACADEMY INTEGRATED FLIGHT RESOURCES (IFR) THE PILOT SHOP TOM HARTER SR.'S L-39 ALBATROS TRAVEL EXPRESS AVIATION All events will take place at:     DuPage Flight Center 2700 International Drive West Chicago, Illinois 60185   Visit: www.dupageairport.com or call 630.208.6182 for more information

Dupage Airport Authority | 2700 International Drive | West Chicago | IL | 60185

Market Update by Price Range - April, May, June 2009

Diligently trying to keep both buyers and sellers informed on the local Elgin Illinois housing market has been my goal for many years.  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!

60% over the last quarter!

Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area? 

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 Elgin market?  It would be telling you that there are a lot of 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 in Elgin soon, you can see which price ranges are the most active.  Clearly the price range above $250,000 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 home's 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?

For the Elgin Home Sales from April to June 30th, 2009 you can clearly see that over 58% of the closed sales have been under the $200,000 price range.  The lowest sales price was $25,000 and the highest was $750,000.  Wow!

 

What about the foreclosures Lyn?  Of those 181 total sales, 59 were foreclosures and 23 were short sales.  Most of those foreclosures were under the $100,000 price.  Probably a lot less than what you expected right?

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 and 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.

 

 

 

Resources:  MRED MLS of Northern IL, my little calculator and golf pencil.

Elgin Illinois Market Update by Price Range ©2009 Lyn Sims - TheBlogDog.net 

Market Update by Price Range - April, May, June 2009

Diligently trying to keep both buyers and sellers informed on the local Elgin Illinois housing market has been my goal for many years.  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!

75% over the last quarter!

Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area? 

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 Elgin market?  It would be telling you that there are a lot of 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 in Elgin soon, you can see which price ranges are the most active.  Clearly the price range above $250,000 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 home's 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?

For the Elgin Multi-Family Home Sales from April to June 30th, 2009 you can clearly see that over 68% of the closed sales have been under the $250,000 price range.  The lowest sales price was $16,250 and the highest was $252,500.

 

What about foreclosures Lyn?  Of those 44 total sales, 15 were foreclosures and 3 were short sales.  Most of those foreclosures were under the $100,000 price.  Probably a lot less than what you expected right?

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 and 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.

 

 

 

Resources:  MRED MLS of Northern IL, my little calculator and golf pencil.

Elgin Illinois Multi-Family Market Update by Price Range ©2009 Lyn Sims - TheBlogDog.net 

Foreclosures and short sales are a regular portion of the market these days and create market distortions in otherwise stable neighborhoods.  And those distressed properties are selling for 20% or more below values of other homes.  But with this 'distrortion' is another problem with appraisers not adding value for these otherwise below market sales.  Before the new appraisal changes (May 2009) an appraiser might mark up a distressed property to bring it into current line with what market value would currently be.  Not any more, those days are gone! Those distressed properties are now setting the market causing extreme pricing fluctuations and appraisal problems in our area.

This is a market overview for the Northwest Suburbs of Chicago which I serve.  I've given a breakdown for single-family homes sales and for multi-family sales (townhomes, condos, etc) so you can get an idea of which areas are having increased sales and bouncing back faster than others.  These numbers are for the 2nd quarter 2009.

Elk Grove SF    47%  
Elk Grove MF    75%

Bartlett SF    60%
Bartlett MF    15%

Schaumburg SF    97%
Schaumburg MF    110%

Hoffman Estates SF    50%
Hoffman Estates MF    102%

Roselle SF    100%
Roselle MF    130%

Streamwood SF    25%
Streamwood MF    55%

Hanover Park SF    100%
Hanover Park MF    68%

Bloomingdale SF    100%
Bloomingdale TH    75%

Links will take you directly to each detailed report for that particular town.  If you are thinking of purchasing or selling your home, please consider me your neighborhood expert.  I would welcome the opportunity to meet with you and discuss your options in today's marketplace.

Do you know about the First time Homebuyers Tax Credit?

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


    The 'Blog Dog' gives her market 'pawspective'.






This darn dog and I proudly sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Bartlett, Elk Grove Village, Hoffman Estates, Schaumburg, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, 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.



Bartlett Illinois Home Sales, Streamwood IL Real Estate Market Overview - July 2009 ©2009 TheBlogDog.net and Lyn Sims  

Looking for a townhome, condo, quad in the Streamwood Illinois area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Did you also know about the $8000 tax credit available?

These are the current market numbers and availability for Multi-family or attached homes in Streamwood, IL.  The best selections are in the $150,000 to $200,000 range and we've got great larger executive styled homes for price ranges above that to $439,900!  The median listing price for Streamwood is $183,000.  Some 'handyman specials' 'foreclosures' and 'fixer uppers' are available for buyers trying to get 'instant equity' in the market by doing the work themselves!  Sometimes there isn't even any work!

To search for homes that are available in Streamwood, please go directly to this homesearch page  to get started.  It's all ready to go!

 

Area Market Survey Criteria Status: Active       Property Type: Attached Single        Area: Streamwood

Active Listings from Lyn Sims (847)230-7324  RE/MAX Suburban

List Price Range                                         # Listings   Avg. Days on Mkt Less than $149,999                                         55        155 $150,000 - $199,999                                       70        186 $200,000 - $249,999                                       34        164 $250,000 - $299,999                                       16        126 $300,000 - $349,999                                        8        527 $350,000 - $399,999                                        4         26 $400,000 - $449,999                                        1            162

©2009 TheBlogDog.net and Lyn Sims         July 17, 2009

Other interesting articles for sellers or buyers are also available at my main site www.LynSims.net . Things to make you market 'savvy' before you start your home adventure!

If you are looking to sell or buy a home in the surrounding Streamwood IL area, please feel free to contact me.

       

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


    The 'Blog Dog' knows Streamwood!







This darn dog and I proudly sell real estate in the Northwest Suburbs of Chicago.  If you are thinking about purchasing or selling your home in the communities of Streamwood, Bartlett, Elk Grove Village, Hoffman Estates, Schaumburg, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol Stream, Hanover Park, 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.



Streamwood IL Homes - July 2009 ©2009 TheBlogDog.net and Lyn Sims  

NEED HELP FINDING A HOME AND DON'T KNOW WHERE TO START?

DID YOU KNOW THAT USING THE SERVICES OF A REALTOR WILL COST YOU NOTHING? That's right - nada, zip, zero and zilch! You get the advantages of the realtors experience in contract negotiations, neighborhood knowledge, mortgage programs, and a whole list of other skills wrapped into a nice package!

Just to mention a recent survey, a full 76% of home buyers purchased their home through a real estate agent. Real estate professionals are relied upon to have experience in every aspect of a typical home purchase. The home buyer ultimately wants the agent to help the buyer find the right property to purchase (50%) and many more concerns.

1) Help find the right home to purchase.

2) Help buyer negotiate the terms of the sale.

3) Determine what comparable homes are selling for.

4) Help with price negotiations.

5) Help with paperwork.

6) Help determine how much a buyer can afford to spend on a home.

7) Help find and arrange financing.

 

 

A real estate agent, such as myself, Lyn Sims, has all the available properties for sale listed in one place (MLS) for you to look at.  No hopping around from site to site!  Most listings now have virtual tours and multiple interior pictures so you can get a complete feel for the homes qualities and room sizes. Another important step that must be taken first is to get pre-qualified for a loan BEFORE you begin your home search! I can also help with any questions that you might have in the mortgage/loan area also because I've been thru the process before!

I look forward to working with you on finding your new home.

My Bio and Qualifications can be found here for you to check out. I've been working in the area for over 25 years and can answer all your questions about a neighborhood that you might be interested in.

 

What makes a Good Neighborhood?

I'm excited and I want to start looking now Lyn - take me to the MLS search!

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

Homes for Sale in Streamwood IL and surrounding areas of Hanover Park, Bartlett, Schaumburg, Hoffman Estates, Elk Grove Village, Roselle, Medinah, Itasca, Bloomingdale, Carol Stream, Elgin, South Elgin, St. Charles.

 

 

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.


Streamwood Illinois Homes for Sale - April 2009 ©2009 TheBlogDog.net and Lyn Sims

Timely post about why you need to start looking for a home to take advantage of the tax credit NOW.  Time as they say 'is a wastin'.  Since this would be your first purchase you will have no reference as to how long the process will take or what is involved.

This post from a prominent loan officer, Janet Guilbault, should help with some of those questions.  I will be available for all the rest that you might have.  Hope you find it informative.

Time is a wastin' .................

Market Update by Price Range - April, May, June 2009

Diligently trying to keep both buyers and sellers informed on the local Bloomingdale Illinois housing market has been my goal for many years.  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!

75% over the last quarter!

Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area? 

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 a lot of 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 the 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 home's 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?

For the Bloomingdale Multi-Family Home Sales from April to June 30th, 2009 you can clearly see that over 68% of the closed sales have been under the $250,000 price range.  The lowest sales price was $108,000 and the highest was $386,000.

 

What about foreclosures?  Of those 22 total sales only 4 were foreclosures and 0 were short sales.  Most of those foreclosures were under the $250,000 price.  Probably a lot less than what you expected right?

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 and 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.

 

 

 

Resources:  MRED MLS of Northern IL, my little calculator and golf pencil.

Bloomingdale Illinois Market Update by Price Range ©2009 Lyn Sims - TheBlogDog.net 

Market Update by Price Range - April, May, June 2009

Diligently trying to keep both buyers and sellers informed on the local Bloomingdale Illinois housing market has been my goal for many years.  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!

100% over the last quarter!

Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area? 

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 a lot of 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 the most active.  Clearly the price range above $400,000 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 home's 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?

For the Bloomingdale Single Family Home Sales from April to June 30th, 2009 you can clearly see that over 73% of the closed sales have been under the $350,000 price range.  The lowest sales price was $170,000 and the highest was $590,000.

 

What about foreclosures?  Of those 34 total sales only 8 were foreclosures and 3 were short sales.  Most of those foreclosures were under the $250,000 price.  Probably a lot less than what you expected right?

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 and 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.

 

 

 

Resources:  MRED MLS of Northern IL, my little calculator and golf pencil.

Bloomingdale Illinois Market Update by Price Range ©2009 Lyn Sims - TheBlogDog.net 

This is the Months Supply of Inventory for Streamwood IL Single Family Homes from June 2007 to June 2009.

This is also called the 'Conversion Rate' or how long and how much inventory is on the market in a particular town.  Obviously, the higher the rate, the longer the market time for a home in that particular community.

Does your agent know the Conversion Rate and will they share that information with you?

Yes that one month is correct with 39.8 months supply of homes on the market.  That is obviously over 3 years! Gulp!

 

 

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


Sources and credits:  MRED MLS

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.



Streamwood Illinois Months Supply of Inventory - June 2009 ©2009 TheBlogDog.net and Lyn Sims