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Barrington, IL Real Estate News

By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
No matter the type of distressed financial past you experienced, mortgages are available again to you. Whether you want to refinance a loan, perhaps to get out of an ARM, combine two loans into one fixed payment, get your rate down; or if it's time to downsize, right-size or even find a larger home there are some simple rules about when you can qualify for a new mortgage based on the date of your distressed event.Unlike credit reports that hold this information for up to 10 years, you don't have to wait that long for it to drop off the report before you can get a new mortgage. Your credit score will factor into your qualification and your interest rate.It should also be noted that a 20% down payment is not necessary, that jumbo mortgages are no different to conforming in relation to qua...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
The real estate market in Barrington has homes for sale with prices at the top quarter that range from $1,199,000 through $18,775,000. That's quite a big spread and it's fair to say buyers looking at a home of $1.2 million are unlikely going to buy at $18+ million. If we look at the top 10% of homes the price range is $2,185,000 through $18,775,000, still quite a range.  Of the 432 homes in 60010 currently for sale there are 7 homes above $5 Million. Homes priced around $1 Million do offer luxury but those are not the difficult properties to sell. In 2015 there were 48 homes priced at a million and up that sold. Let's take a look at the data and the high sales. There were 4 sales above $2 million in 2015. The highest sale was $3,750,000.2015 Luxury Barrington Home Sales With Marketing T...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Barrington, IL The data lists available homes by price range with average time on market in each range. Included in this list are many Foreclosures and Short Sales.Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $50,000 - $99,999 1 33 $100,000 - $149,999 2 176 $150,000 - $199,999 18 196 $200,000 - $249,999 22 208 $250,000 - $299,999 24 138 $300,000 - $349,999 18 177 $350,000 - $399,999 18 181 $400,000 - $449,999 17 198 $450,000 - $499,999 30 272 $500,000 - $549,999 22 178 $55...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Barrington, IL The data lists available homes by price range with average time on market in each range.Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.    Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 1 73 $100,000 - $149,999 3 168 $150,000 - $199,999 21 175 $200,000 - $249,999 26 201 $250,000 - $299,999 21 135 $300,000 - $349,999 20 139 $350,000 - $399,999 19 171 $400,000 - $449,999 19 187 $450,000 - $499,999 35 292 $500,000 - $549,999 26 185...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Barrington, IL The data lists available homes by price range with average time on market in each range.Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.Active Listings List Price Range # Listings Avg. Days on Mkt $50,000 - $99,999 1 45 $100,000 - $149,999 5 140 $150,000 - $199,999 26 198 $200,000 - $249,999 31 186 $250,000 - $299,999 22 146 $300,000 - $349,999 21 199 $350,000 - $399,999 27 131 $400,000 - $449,999 20 171 $450,000 - $499,999 44 223 $500,000 - $549,999 27 150 $55...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Statements are not necessarily fact. We should do what we say. Actions speak louder than words. Testimonials support actions. Due diligence is highly recommended.If you are a home buyer, seller and landlord or tenant, the chances are you'll be needing the services of a Realtor for buying, selling or renting. That's not to say you cannot do it all on your own because you can. Most people don't have the time for it and are quite happy to hire a Realtor to take on the work of selling a home, buying or renting. Unless you have an agent in mind for the job you might need to go out and find a Realtor to help you. I've talked before about how many home owners turn to the internet to find a Realtor to sell a home and the same is true for buyer agents.Before exploring the types of Realtors you c...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
FREE Market Analysis in Barrington, ILDo you need a Free Market Analysis for your Barrington IL home?  If you do, why not consider Corinne Guest of Barrington Realty Company. Corinne has just launched a new web site to attract even more home buyers and sellers for the subdivision of Wynstone, North Barrington, IL as part of her expanding internet presence and marketing systems.Marketing homes has changed. The old ways are being replaced with the internet but only Corinne has mastered the art of attracting buyers and selling homes in Wynstone and other neighborhoods.  See our recent sale at 20 Graystone Lane in Wynstone, North Barrington. The clients connected with Corinne because of her internet marketing and presence for Wynstone! Now she's ready to do the same for you!Corinne Guest is...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Chicagoland is a large area of real estate. Home to somewhere just under 10 million people in both city and suburbs it's no wonder our real estate is diverse in lifestyles, prices and affordability. I am fortunate to live in an area I consider to be very similar to my original home town in Hampshire England. My home town now is Barrington Illinois and the blend of country with amenities is just perfect for me.Many if not most of our suburbs are very urban in nature. Barrington IL is about 35 miles outside of the city and passes through many of these more urban towns as you head northwest from Chicago. Then it changes. The entire Barrington area has a country feel with country homes for sale. Yet we are not out in the vast lands where it's miles and miles to the nearest store. In fact qu...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Barrington, IL The data lists available homes by price range with average time on market in each range.Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $100,000 - $149,999 5 48 $150,000 - $199,999 24 108 $200,000 - $249,999 34 158 $250,000 - $299,999 35 144 $300,000 - $349,999 29 248 $350,000 - $399,999 28 106 $400,000 - $449,999 24 149 $450,000 - $499,999 47 217 $500,000 - $549,999 35 182 $550,000 - $599,999 31 192...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
What is EIFS and should you buy a home in Barrington with EIFS?Disclaimer: I am not an EIFS specialist, I am not an EIFS inspector, I am not an EIFS installer. I come across EIFS in my daily life as a real estate agent. If you need expert advice and opinions I can direct you to the experts.What is EIFS? The acronym stands for Exterior Insulation Finishing System. You may better know it as Fake Stucco or by one of the brand names such as Dryvit. It is a non load bearing exterior product used in Eurpoe arfter the II World War and came to the USA in the 1960's. The majority of EIFS exteriors are on framed buildings. Here in Barrington most of the homes we see today are built as frame homes  and then clad with products such as brick, stone, vinyl siding, fiber cement board siding (Hardie Pl...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
A Barrington Realtor's Answer - Can I Fire My Listing Agent?This is a question asked on the internet a lot of times. Google, the search engine recognizes the phrase because it is searched for a lot. That tells me sellers across the nation are not happy with way things are going. The answer is never a simple one and we can only write here in general terms and when specific we are talking about Illinois. Every state has different laws in real estate so sellers should always seek information in their own state. That said it's not difficult to answer the question "Can I Fire My Listing Agent?" because you should have a written agreement, aka contract, when you listed the property and somewhere in the legalese there will be reference to cancelling or terminating.In general the answer is NO. ...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Yes I bought a drone! My son is the pilot, too complex for me to learn, I have enough to do. The controls are much like a gaming system and he's got an XBOX, actually two. So for him it was an easy learn. Flying within 5 minutes! Here are some snaps from our first day out last week, a day when it actually was not raining!I will be using this in my real estate business and my pilot has some ideas for it's use in addition to drone real estate photos and video.Here are a few of our more recent posts: Tallgrass Lake Barrington Are There Any New Homes in Barrington IL? Homes For Sale in Barrington IL Are There Too Many Barrington Homes For Sale? Barrington Mid Year Market Report 2015 Top 10 Ways To Sell Your Home Faster in Barrington Illinois   
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Barrington,  IL The data lists available homes by price range with average time on market in each range.Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $100,000 - $149,999 6 91 $150,000 - $199,999 17 183 $200,000 - $249,999 27 155 $250,000 - $299,999 35 132 $300,000 - $349,999 29 180 $350,000 - $399,999 28 202 $400,000 - $449,999 20 112 $450,000 - $499,999 44 215 $500,000 - $549,999 31 216 $550,000 - $599,999 38 18...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Are There Any New Homes in Barrington IL?New homes in Barrington IL are not widely available as the area of Barrington is both well established and surrounded by more of the Northwest Suburbs of Chicago. We don't have a lot of land space left but there is some. The available new construction homes in Barrington IL fall into two categories. New homes, custom built for you on the lot of your choice. Alternatively  we have some small new developments with homes, many of which are custom built for you giving you the option to select everything from floor plan to exterior and interior choices. These neighborhoods may have 10 homes but are unlikely to be bigger than 60 homes.Here we'll give a brief outline of what new home neighborhoods are currently available in Barrington Ilinois. Follow th...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
If you've never visited our area you might like to know what the choice is in Homes for sale in Barrington IL. Of course you can research the internet all you like and find listings on hundreds of websites. They are all the same listings. What you cannot get is an overview of what our homes look like in neighborhoods.It was a glorious day this past Sunday, perfect for my son to fly his drone and get some video for me and snap off a few photos too. I hope that this will give you and idea of what the Barrington area is like to come and live in. We have seven villages and the homes in each area of Barrington IL are different but there are some similarities as well. Taking price out of the equation homes could fall into two distinct categories. Village homes and homes on acreage.The homes i...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Last time we talked about buying your home we were making an offer. The fine tuning of getting an accepted offer is strategy and that may differ for each property. Today we are assuming you are now under contract and moving on to the next steps.Here in Northern Illinois, Attorneys are engaged at this point to take over the transaction's legal aspects and get you to closing. Realtors and Attorneys work together with the buyers and sellers to move through all the aspects of your contract. If you are financing with a mortgage, the loan officers, processors and money lenders are involved too. That brings up the most recent change in lending practices which I'll refer to as TILA-RESPA. That stands for Truth in Lending Act and Real Estate Settlement Procedures Act.There have been a lot of cha...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
What Do Barrington Realtors Do To Market A Listing?It's a very fair question and one I was recently asked but would not, and actually could not, explain in a five minute phone call. Now I'll let you know all we do when we are contracted to help a seller market and sell their Barrington property. Before I start it is important that home sellers understand there is no one size fits all marketing plan. Nor are the marketing plans from Barrington Realtors all the same. Quite the contrary. We hope to show how we are different and how our marketing plan for Barrington home sellers is a cut above the rest.What is A Listing?Just to make sure everyone understands what might be considered real estate speak, a listing is a word we use to reference a property listed for sale in the Multiple Listing...
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By John Herman, Licensed Illinois Managing Broker- Property up Inc
(Property Up Inc.)
If you are searching for a luxury home, Barrington is a place with many options. The various neighborhoods providing new, and older luxurious homes are many. The Property Up team, all of whom live in Barrington, are experts on the area and can help guide you.  Here’s an overview of some of the luxury neighborhoods in Barrington. Barrington Village – You’ll find a variety of homes in this neighborhood, many in the $700000 and up range topping out just above $1 million.  There are less elaborate homes as well.  Barrington Village is located in the heart of the Village of Barrington, north of lake Cook Road (Main Street) between Northwest Highway and Hough Street.   Barrington Court-  Features homes built around 2005 and features some luxury homes. Most homes are 2 story classic designs on...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Barrington,  IL The data lists available homes by price range with average time on market in each range.Included in this list are many Foreclosures and Short Sales.  Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Protect Your Investment When Buying Barrington Luxury HomesThe real estate market here in Barrington is improving year by year. In 2012 sellers finally saw some action, homes started selling again. Both 2013 and 2014 improved as well and sales in Barrington were strong again.The luxury homes market is always the last to recover after a market slump but Barrington Luxury Homes have started selling again. The question is, what do we define a luxury home to be? They are different in Barrington than in many areas nearby, our prices go up to almost $20 million. Maybe that can be considered the uber luxury. I think it's fair to say locally any home bought with a price tag above $1.5 million is a luxury home.  In 2012 there were 14 sales above $1.5 Million In 2013 there were 14 sales above $1....
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