lyn sims: BUYING A HOME? I CAN HELP BUYERS MAKE A SMART DECISON! - 05/28/12 01:59 PM
BUYING A HOME SOON? You want to find the best home or property for your needs and to make the wisest investment possible. Lyn Sims understands the importance of this major purchase to you and has the essential knowledge to ensure your buying experience is a smooth and successful one!
Here's some great reasons why Lyn Sims can help:
Determine your buying power and criteria. Research available properties in your market via many resources such as the Multiple Listing Service (MLS) and a broad network of REALTORS - even if you are locating to another city. WE HAVE ALL THE PROPERTIES LISTED … (1 comments)
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lyn sims: Northwest Suburban Real Estate Market Report - April 2012 - 05/18/12 08:45 AM
Real Estate Market Update - Northwest Suburbs - April 2012 Read this report if: 1) You are thinking of selling your Northwest Suburban home and want to see what's really up with our market. 2) You don't know what to believe because there are conflicting reports constantly in the media. 3) You're a future buyer that's beginning to get a feel for purchasing a larger home in the area but you're not sure what to expect. 4) You think your neighbor is lying when he tells you it will take at least a year to sell your home. 5) Your convinced your … (1 comments)
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lyn sims: Rent vs. Buy - Do what's Economically Smart! - 05/02/12 09:59 AM
Why buying a home is just economically smart! Notice that rentals are getting harder and harder to find? Notice that rents are increasing every year? And according to the housing statistics that I can see the forecast is going to get worse for the renting population! This year I have heard the same stories from calls on my CraigsList ads that rentals are hard to find in our Northwest Suburban area of Chicago. Then, if you do finally find a rental, the rent is outrageous for the condition of the place! Scarcity and slim pickens might make you think of … (4 comments)
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lyn sims: Northwest Suburban Real Estate Market Report - March 2012 - 04/11/12 06:00 AM
Real Estate Market Update - Northwest Suburbs - March 2012 Interest rates are low and housing affordability has been the best in decades and yes, the market is getting better! How much, where and all the particulars is what I'll be telling you!
The graphs below show that sales have been up for most towns in our area in both housing styles. Just within my office our showing appointments have increased a whopping 60%.
Another good indication that the market is improving is the number of homes that go under contract each month. Currently we are between 10 to 25%. This … (4 comments)
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lyn sims: I'm sorry to inform you the 'Spring Market' has been called off! - 03/14/12 10:17 AM
The 'Spring Market' has been called off - permanently! Yes, Ms. Seller it's true and perhaps you didn't hear the official news. The 'Spring Market' was called off in 2008 with the official kick-off of the real estate down turn. I'm sorry that you didn't get the memo but houses have not been selling like they used to in 'the good old days' of real estate. We no longer can add 5% to the normal market just because we can or because we 'used to'. Buyers will not be knocking down the doors to buy your over priced home. There are … (8 comments)
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lyn sims: Schaumburg Townhomes - Search for homes here! - 03/12/12 12:31 PM
Schaumburg Townhomes - Find your new home right here! There are many great Schaumburg Townhome selections to choose from as the map shows! Mouse over each home to see a brief description! Need a buyers agent? Are you pre-qualified by a lender? Townhome Search by Schaumburg Subdivisions
Schaumburg TownhomesMore Schaumburg homes for saleGet this widget … (3 comments)
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lyn sims: Northwest Suburban Real Estate Market - Is it Spring yet? - 03/10/12 02:47 PM
Real Estate Market Update - Northwest Suburbs - February 2012 Interest rates are low and housing affordability has been the best in decades and yet I was hoping the market would be ending a little better. FHA buyers will be taking a hit to their pocketbooks in April with higher monthly mortgage insurance costs looming on the horizon. It seems that with each slight lowering of interest rates the banks are elevating the closing costs for buyers to offset that bonus. Makes you wonder who's side they are on? Obviously, their own and not the consumer.
The graphs show that February … (3 comments)
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lyn sims: Schaumburg Homes - What percentage of homes are foreclosures? - 02/01/12 02:05 PM
What percentage of Schaumburg Homes are foreclosures? When we look at foreclosure numbers that perhaps we have heard or seen on the news, often times they are for trends that are national in scope. We always have to sharpen our focus and whittle down those statistics to the state level, then by metro area, then finally by the town itself. Don't pay attention to the media which is great for over dramatizing news especially when it comes to the housing market and foreclosures. Granted, there are some very hard hit areas of the country and we are fortunate here not to … (4 comments)
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lyn sims: High End Foreclosures in the Chicagoland Area for 2011 - 01/27/12 02:29 PM
High End Foreclosures in the Chicagoland Area for 2011
You'd have to admit that 2011 has been another unusual year for all of us in real estate. I've recently stumbled upon some interesting foreclosures in our area. Obviously, not your average foreclosures as you'll see.
Bannockburn $2,000,000
French Manor, 5BR's, 7.5BA's, 6 Fireplaces, 4 Car Garage. Built in 2008 on 3.5 Acres with 6624 square feet plus 3400 square feet basement. Don't forget the theater, exercise room and taxes of $44,100 per year.
Barrington Hills $800,000 … (3 comments)
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lyn sims: Schaumburg's Top Selling Subdivisions for 2011 - 01/24/12 01:32 PM
Schaumburg's Top Selling Subdivisions for 2011
Looking for a Schaumburg Home? Glad you're here and I'd like to present to you the most popular selling subdivisions in Schaumburg. Each area has it's own features and benefits, styles, location attributes. Find a great Schaumburg location that will fit your requirements!
Weathersfield - built in 1962 to 1978 and is one of Schaumburg's 'original' subdivisions. Mainly began with ranches but then multiplied it's styles to split levels, raised ranches, mid-levels and finally a 2-story colonial. Can either have a 1 car or 2 car garage depending on the lot sizes. Basements … (6 comments)
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lyn sims: Schaumburg Homes - How did the real estate market end up for 2011? - 01/18/12 01:08 PM
Positive Signs continue in our Schaumburg Real Estate Market for the last 9 months. We are moving ahead with recovery here and sales have successfully reached above the 2010 level of closings.
The December totals for Schaumburg Single Family Homes are now 16% above 2010 closings and Schaumburg Multi-Family are now down 6% over 2010. So our local market has totally flip flopped (again) between the single family and attached. Homes have taken an extreme slow down and the attached housing is selling steady and finished with a bang!
For Schaumburg there are still no price gains calculated with foreclosures still leading the … (4 comments)
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lyn sims: Schaumburg Homes - What types of financing did buyers use? - 01/14/12 07:30 PM
Schaumburg IL Homes - What types of financing was used? While compiling this year end report for 2011 the total sales in Schaumburg IL I noticed a few striking differences between Schaumburg single family homes and multi-family home sales.
Two completely different animals!
Depending on what type of property you have will figure into your buying or selling strategy. Types of financing that buyers use have different criteria and variables that sellers must pay attention too. On FHA purchases the home must have minimum standards to protect the buyer from unknown future mechanical breakdowns. When the appraisal is done on these … (5 comments)
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lyn sims: Northwest Suburban Real Estate Update - December 2011 - 01/14/12 12:14 PM
Real Estate Market Update - Northwest Suburbs - December 2011 Well last month I reported that I felt the market was slowing down but I was still quite optimistic for the end of the year sales. At the final tally, we did well over the 2010 sales year. Sales are above those levels and I think we can't be stopped from going forward!
The graphs show that December sales have been up for most towns in our area. And even with the towns that came in under 2010 sales levels, I feel it's just a matter of time before the … (3 comments)
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lyn sims: Selling your Schaumburg Home? What types of flooring are the best investment? - 12/23/11 05:26 PM
ROI is 'return on investment' .... which updates will bring you the biggest return & the most ahhh's from buyers. This is a great post from Debbie Gartner in New York giving you the best ideas & trends. One of the most saddest things I see & hear is when a seller fixes up their home to sell it but also adds 'that they should have done it sooner'. As Debbie points out, do it for you with the intent of possibly selling a few years down the road.
I also happen to be a 'hardwood chick'. No pergo, laminate whatever … (5 comments)
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lyn sims: Schaumburg Townhomes -> What's available in the different subdivisions? - 12/21/11 04:02 PM
Schaumburg Townhome Search - These are direct search links for the most popular Schaumburg Townhomes. Feel free to check out the various areas or email me and I will be happy to send you any further information. Ashton Park - 2 to 3BR Townhomes with 2 car garages. Possible golf course locations, possible basements. Autumn Ridge - 2 to 3BR Townhomes with 2 car garages, possible basements. Ranch style available. Briar Pointe - 2BR also with lofts, one story ranch models available, 1 car garage. Bright Ridge - 2BR also with lofts, 1 car garage. Castle Rock - 2story townhomes, … (2 comments)
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lyn sims: Schaumburg IL - Village keeping expenses down in 2011 - 12/21/11 02:04 PM
Village Property Tax Levy The Schaumburg Village Board approved a reduction in property taxes that impact the village’s portion of tax bills for residents and businesses for the second year in a row. The board agreed to a $22.7 million tax levy for 2011 – which is 6 percent less than last year’s levy. I feel that Schaumburg should be sent a congratulations for keeping costs down and realizing the residents are seeing huge increases in other portions of their tax bills. Don't forget that Schaumburg is really only a small portion of your entire tax bill. The 'giant problem' is … (0 comments)
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lyn sims: Schaumburg Homes - Average Home Prices over the last 10 years - 12/19/11 10:17 AM
There's been much talk (chatter by the national talking heads) in the media about our Northwest Suburban and Schaumburg home values returning to a previous level. I read these reports constantly, day in and day out and wonder to myself 'How do they know this stuff when I don't even know it!' Real estate is unique in that it is very local in nature. In fact, real estate is so unique it can even be broken down further to say that neighborhoods even in the same town will been effected differently. What happens in one subdivision doesn't necessary happen in another. … (2 comments)
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lyn sims: Northwest Suburban Real Estate Update - November 2011 - 12/07/11 10:23 AM
Real Estate Market Update - Northwest Suburbs - November 2011 Well, I'm still optimistic but the brakes have been slammed on! Let me set the picture for you - we're on the Eisenhower Expressway in the slow lane tootling along at the legal 55 mph (whistling ....) when suddenly we have to screech to an abrupt halt. It also seems that we've had to use two feet! But it's not that dismal because we're still in the slow lane and haven't crashed into the guard rail!
The graph shows that October to November sales have been down for most towns … (0 comments)
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lyn sims: Schaumburg Homes - Schaumburg Townhomes - Is it better to rent or buy? - 12/03/11 04:08 PM
Buying wins! At least here in our Northwest Suburban Chicago Area. Schaumburg home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities. If you are thinking of buying why not take advantage of this opportunity?Ok, you're skeptical, here is more ammo that purchasing is a great idea!
But the current Schaumburg market situations gives you as a buyer great advantages that have never been seen before. Homes that you could at … (2 comments)
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lyn sims: Northwest Suburban Real Estate Update - October 2011 - 11/12/11 12:02 PM
Real Estate Market Update - Northwest Suburban October 2011 It's good news and I'm market optimistic! That's for sales being on an upward trend for the last 7 months. The numbers are showing a distinct improvement for the 7th month in a row for the Northwest Suburban Market! The majority of towns sales are up. Even if the town is showing a negative (YOY Change), the sales are increasing each and every month overall. Most of the average sales prices are still low but that is because most of the lower priced homes are being bought by first-time home buyers … (0 comments)
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