Star Smith's (schaumburghomes) Blog

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Real Estate Agent - Suburban House Hunters Team (CSI, Inc.)
RECENT BLOG POSTS
While the estimated inventory has gone up to 17 months based on the number of closings over the past 3 months you can see there is a large increase in condos that are under contract. This is a very good sign that the amount of inventory will be reduced over the next couple of months. If this tren...
11/29/2007
While the estimated inventory hasn't gone up (still 11 months) there has been a large drop in the number of condos under contract. This will mean less closings over the next 2 months and an increase in teh months of inventory. We will watch this as it could be a sign of a slowing market.  Compare...
12/12/2006
The market has continued to slow a little over the past 2 months and we are now up to a 15 month inventory. The next month or two will remain slow, but the spring market should help clear out some of the inventory.   Currently on the Market: 193 Currently Under Contract: 25   Closed in the last 9...
12/12/2006
The single family market in Schaumburg, IL has slowed in the last few months. There has been a 4 month increase in inventory in just the last month. The main reason for this is a very large decrease in closed homes over the last 90 days. This was expected as in last months update there was a ver...
10/03/2006
Here is a quick overview of the condo market in Schaumburg, IL. There are currently 3 months more inventory on the market now then one month ago. This is do to a slow down in closings, not increased inventory. There is actually less condos on the market today than one month ago.  Compared to last...
10/03/2006
Here is a quick overview of the condo market in Hoffman Estates, IL. There currently about a years worth of inventory in the condo market. Compared to last month things still look about the same for the condo market in Hoffman Estates.Currently on the Market: 84 Currently Under Contract: 18 Close...
09/21/2006
Here is a quick overview of the condo market in Schaumburg, IL. There currently is a heathly level of condos on the market. Compared to last month things still look very good for the condo market in Schaumburg.Currently on the Market: 111 Currently Under Contract: 22 Closed in the last 90 Days: 4...
09/05/2006
Been a little over a month sense the last update so here is more current information. Here is a quick overview of the single family market in Schaumburg, IL. Currently on the Market: 241 Currently Under Contract: 35 **huge reduction from last month** Closed in the last 90 Days: 74 Est. Inventory:...
09/05/2006
Been a little over a month sense the last update so here is more current information. Here is a quick overview of the single family market in Palatine, IL. There current market for single family homes is now over a years worth of inventory. If the inventory becomes larger we might start to see a ...
09/05/2006
Here is a quick overview of the single family market in Palatine, IL. There current market for single family homes is now over a years worth of inventory. If the inventory becomes larger we might start to see a true buyers market.Currently on the Market: 320 Currently Under Contract: 83 Closed in...
07/23/2006
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