hoffman estates il real estate: Hoffman Estates IL Real Estate Prices - June 2016 - 07/17/16 07:25 AM
Hoffman Estates IL Median List Prices to Median Sold Prices - 2016

Looking for detailed information on the Hoffman Estates real estate market? You've come to the right place where I offer you what's happened during 2016 in home sales.
There has been a total of 244 closed homes through June 2016 with an average closed price of $306,000.  This is an increase over 2015 of 10.4%.

The graph below shows the Median List Price (where list prices start) and the Median Sold Prices (where end prices are). It shows that many sellers start off at too high list … (2 comments)

hoffman estates il real estate: Hoffman Estates IL - Real Estate Supply & Demand - 07/14/16 12:38 AM
Hoffman Estates IL Real Estate - Housing Market Info June 2016
Looking for the current real estate market information for your Hoffman Estates Home? You've come to the right place so let's talk about house sales.

Let's talk about a few key market facets here - the months supply of inventory for Hoffman Estates Homes has been decreasing. We have 31% less in housing inventory then we did a year ago in 2015. There is still competition out there and current market time averages 51 days to contract. June has been the most active month so far in 2016.

An excellent … (2 comments)

hoffman estates il real estate: Hoffman Estates Homes - Supply & demand Update March 2016 - 04/03/16 05:26 AM
Hoffman Estates Homes -  Hoffman Estates IL Real Estate - Housing Market Info March 2016
Looking for current and concise market information for your Hoffman Estates Home? You've come to the right place so let's delve right into the information.

Let's talk about a few key market facets here - the months supply of inventory for Hoffman Estates Homes has dipped then increased. We have 32% less in housing inventory then we did a year ago. There is still much competition and current market time averages 44 days to contract.

An excellent indicator that the Hoffman Estates housing market … (9 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate List to Sales Prices - 01/24/16 12:20 AM
Hoffman Estates IL Median List Prices to Median Sold Prices - 2015

Looking for detailed information on the Hoffman Estates real estate market? You've come to the right place where I offer you what's happened over the 2015 calendar year in home sales.
There has been a total of 477 closed homes for 2015 with an average closed price of $282,000.  This is only a moderate increase over 2014 of 3.9%.

The graph below shows the Median List Price (where list prices start) and the Median Sold Prices (where end prices are). It shows that many sellers start off at … (1 comments)

hoffman estates il real estate: 1490 Port Arthur Ct, Hoffman Estates IL 60192 - SOLD - 09/21/15 01:22 AM

$249,900, 3Bd/2Ba Single Family House, 1794 sqft. 
(2 comments)

hoffman estates il real estate: Hoffman Estates IL - How's the real estate market? - 05/11/15 09:11 AM
What's happening this quarter? Glad you're here because people are always asking me “How many homes are selling?" How well we are seeing improvement seems to make a difference in what area or subdivision you live in.  It’s really not an evasive answer, it's an accurate one.  Each area and subdivision is totally different!  Here’s what I can tell you about the overall Hoffman Estates market –

Single Family Homes -  Hoffman Estates averages 30 home sales a month.  Inventory is down substantially. The percentage of homes going under contract each month is 19 to 27%. Average Sold Price was $266,100 for the 1st … (1 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - Understanding Supply & Demand - 01/15/15 11:41 PM
Hoffman Estates IL Real Estate - Housing Market Info December 2014
Looking for current and concise market information for your Hoffman Estates Home? You've come to the right place so let's delve right into the information.
Let's talk about a few key market facets here - the months supply of inventory for Hoffman Estates Homes has been steadily increasing. We have 45% more in housing inventory then we did a year ago. There are many competing homes and current market time is 97 days to contract.
An excellent indicator that the Hoffman Estates housing market is continuing to improve is the percentage of … (4 comments)

hoffman estates il real estate: Hoffman Estates IL Average Home Prices - 01/09/14 06:25 AM
This interactive graph gives the monthly average sales prices from 2013 to present day for Hoffman Estates IL single family homes only. For this year of 2015, Hoffman Estates homeowners have seen an increase in average sales prices from $273,000 to $280,000.  
These numbers are averages for all sales and if you are looking for specific information regarding the pricing of your home currently, please call us for a no obligation market evaluation and consultation.
Hoffman Estates Townhomes/Condos Graph
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hoffman estates il real estate: Hoffman Estates IL Real Estate - How's the market in the 3rd quarter? - 10/09/13 02:58 AM
What's happening this quarter?  Glad you're here because people are always asking me “How many homes are selling?" How well we are seeing improvement seems to make a difference in what area or subdivision you live in.  It’s really not an evasive answer, it's an accurate one.  Each area and subdivision is totally different!  Here’s what I can tell you about the overall Hoffman Estates market –
Single Family Homes -  Hoffman Estates averages 43 home sales a month.  Inventory is still down substantially.  The percentage of homes going under contract each month is 22 to 27%. Average Sold Price was $277,000 for the … (3 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - Is cash really king? - 09/28/13 10:52 AM
Cash is king again?
Conventional financing has officially taken back the crown for financing types in Hoffman Estates so far this year. I was poised to write about how cash has taken over the market from a national survey but was surprised to find that is not the case in Hoffman Estates!  
Still have to wonder where all these folks are getting their cash to purchase these homes. Investors are obviously working with it so they can purchase those sub-level properties that will not be able to be financed because of condition.
We will see by the end of the … (8 comments)

hoffman estates il real estate: Hoffman Estates IL Homes - Is the market really improving? - 07/18/13 03:40 AM
People always ask me “How many homes are selling?  Is the market getting better?" Well that seems to make a difference is what area or subdivision you live in.  It’s really not an evasive answer.  Each area and subdivision is totally different!  Here’s what I can tell you about the overall Hoffman Estates market –
Single Family Homes -  Hoffman Estates averages 58 home sales a month.  Inventory is down substantially.  The percentage of homes going under contract each month is 26 to 32%. Average Sold Price was $265,000 for the 2nd quarter of 2013.
Multi-Family Homes - Hoffman Estates averages 34 sales … (2 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - What's available for sale? - 05/22/13 07:03 AM
People always ask me “Lyn, how many homes are selling?”   Well that seems to make a difference is what area or subdivision you live in.  It’s really not an evasive answer.  Each area and subdivision is totally different! 
Here’s what I can tell you about the overall Hoffman Estates market –

Single Family Homes -  Hoffman Estates averages 30 home sales a month.  Inventory is down substantially from previous years.  The percentage of homes going under contract each month is 12 to 31%. Average Sold Price was $232,226 for the 1st quarter of 2013.

Multi-Family Homes - Hoffman … (0 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate Recap for 2012 - 02/01/13 02:58 AM
Hoffman Estates IL Real Estate - Virtual Market Presentation for 2012
So how did the Hoffman Estates Real Estate Market fare last year?  My presentation gives lots of interesting facts in regard to your Hoffman Estates Home.
My visually fun and educational objective was to tell you:
How many homes sold in 2012? What was the average sales price? How long does it take to sell? What type of financing do buyers use? Are there many foreclosures?  
 
A few market anomalies that I've seen from doing this report:
For Hoffman Estates homes the best time to sell was in June & November. Hoffman Estates townhomes … (4 comments)

hoffman estates il real estate: Parcel C Homes in Hoffman Estates - Search what's available for sale! - 01/05/13 03:17 AM
Parcel C in Hoffman Estates is the subdivision N of Schaumburg Rd., E of Salem and S of Bode.  Mainly built in 1959 to 1960 and contained mostly ranches at the time with some scattering of split levels.  Basements are a rarity in this area but with additions that have been put on in the recent years, there can be some good square footage in some homes. Either 1 or 2 car garages are predominate.
Search Parcel C homes to see what is currently available for sale.

(1 comments)

hoffman estates il real estate: 410 Morton St, Hoffman Estates IL 60169 - 01/04/13 07:34 AM
(2 comments)

hoffman estates il real estate: Hoffman Estates Foreclosures - Search what's available here - 12/17/12 07:17 AM
Hoffman Estates Foreclosures Search for available foreclosed homes for sale in Hoffman Estates. This includes 'REO' which is bank 'real estate owned' listings. Get a great value on Hoffman Estates properties in all kinds of condition, prices, space, and styles. Get a leg up on a beneficial equity position in the future. Hoffman Estates is known as a solid community with great infrastructure, amenities, shopping advantages and a great school system.Search here for:Hoffman Estates Home ForeclosuresHoffman Estates HomesHoffman Estates Condo/Townhome ForeclosuresHoffman Estates Condos/TownhomesHoffman Estates Village Overview60169 Demographics60194 DemographicsSchool District 54 InfoHoffman Estates Park DistrictOnce you have found a Hoffman Estates home that you are interested … (0 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - What's the housing market doing? - 12/11/12 02:30 AM
Hoffman Estates IL Real Estate - Housing Market for November 2012 Looking for current and concise market information for Hoffman Estates Homes? You've come to the right place and I've actually been seeing a distinct and progressive improvement.  Interest rates have gone even lower with affordability continuing to be the best it's ever been.Let's talk about a few key market facets here - the months supply of inventory for Hoffman Estates Homes has been steadily decreasing. We have 21% less in housing inventory then we did a year ago.  With too many competing homes on the market, listing prices are forced downward which is what we … (2 comments)

hoffman estates il real estate: Hoffman Estates IL - What's happening with the housing market? - 11/22/12 11:21 PM
Hoffman Estates IL Homes - Hoffman Estates IL Real Estate - Housing Market for October 2012 Looking for current and concise market information for Hoffman Estates IL Homes?  You've come to the right place and I've actually been seeing a distinct improvement for the last 18 months.  Interest rates have never been lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Hoffman Estates IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 58% less in housing inventory then we did a year … (2 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - Market Improvements August 2012 - 09/16/12 11:22 PM
Hoffman Estates IL Homes - Hoffman Estates IL Real Estate - Housing Market for August 2012 Looking for current and concise market information for Hoffman Estates IL Homes? You've come to the right place and I've actually been seeing a distinct improvement for the last 15 months.  Interest rates have never been lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Hoffman Estates IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 20% less in housing inventory then we did a year … (3 comments)

hoffman estates il real estate: Schaumburg Area Mortgage Resource Fair - August 11, 2012 - 08/09/12 03:42 AM
Homeowners Mortgage Resource Fair - August 11th, 2012   9:00 am to 1:00 pm Community Recreation Center 505 N. Springinsguth Rd. Schaumburg IL  60194 Are you at risk of foreclosure? Do you know someone who is behind on their mortgage payments? Housing counselors from the IL Attorney General's Office will be available to meet one-on-one to assist homeowners in need and provide important information about preventing foreclosure and avoiding foreclosure rescue scams. Mortgage lenders will be available to meet with homeowners and provide information on obtaining loan modifications.
Please bring basic information with you such as: 1) your mortgage payment … (0 comments)

 
Lyn Sims, Schaumburg Homes (RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago) Rainmaker large

Lyn Sims

Schaumburg Homes

Schaumburg, IL

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RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago

Address: 2311 W. Schaumburg Road, Schaumburg, IL, 60194

Office: (847) 230-7324

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Lyn Sims offers market comments, housing industry updates and real estate news about the surrounding communities near Schaumburg IL and the Chicago Northwest Suburbs.


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