Explore Schaumburg, IL

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 0
Schaumburg IL Townhomes | Schaumburg IL Condos | Housing Market Stats for January to March 2017 Looking for current and concise market information for Schaumburg IL Townhomes & Condos?  You've come to the right place and I've actually been seeing a constant improvement over the last year.  Intere...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 1
Schaumburg Homes | Schaumburg IL Real Estate | Housing Market Info January to March 2017 Looking for current and concise market information for your Schaumburg 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 like the in...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 1
What are home prices doing in the Schaumburg Area & Nationally? You can see by this report from FHFA that our region has increased around 5.87%. If you are moving out of state to another region you could actually be loosing money between ours in Illinois & a region possibly higher than ours. Illi...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 2
Inventory still remains low in our surrounding Schaumburg Area. February's numbers here showed 1.2 months of inventory for townhomes & condos in Schaumburg alone. In all my years in the business I have never seen the inventory so low. This brings about a problem for buyers - There isn't enough in...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 1
Real Estate Market Update - Northwest Suburbs near the Schaumburg Area - February 2017 This is the place to get all your real estate questions answered! What are Prices Doing?  Average sales prices are relatively stagnant compared to other areas of the country. Still just plunking along in the Mi...

By David Spencer, Chicago Area Commercial-Residential R.E.
(Keller Williams Team Realty)
Comments 1
In the table below lists all of the single family detached and single family attached homes currently on the market in Shaumburg, 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...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 6
Hey, Buyers don't want free money! Lately, I have been working with a loan officer that has been having some great luck with buyer down payment assistance money.  He is offering a few programs that others are not & that kind of money just doesn't come around all that often. So .... don't you thin...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 1
This interactive graph gives the monthly average sales prices from January 2014 to January 2017 for Schaumburg IL Single Family Homes only. For the year of 2016, Schaumburg home owners have seen an increase in average sales prices from $306,000 to $314,100.   These numbers are averages for all sa...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 1
This interactive graph gives the monthly average market time from January 2014 to January 2017 for Schaumburg IL Single Family Homes only.  For the year of 2016, Schaumburg home owners have seen a distinct decline in days on the market to 74 which is 16% less than the beginning of the 2016 year.T...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 1
This interactive graph gives the monthly average market time from January 2014 to January 2017 for Schaumburg IL Multi-Family Homes which are townhomes & condos only.  For the year of 2016, Schaumburg townhome & condo owners have seen similiar days on the market coming in at 58 which is stable fr...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 0
This interactive graph gives the monthly average sales prices from January 2014 to January 2017 for Schaumburg IL Multi-Family Homes which are townhomes & condos only. For the year of 2016, Schaumburg townhome & condo owners have seen an increase in average sales prices from $154,500 to $164,400....

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 5
This is one of the true mysteries with home improvement posts & articles. There is such a giant variance in price that the high end seems insane & the low end seems too reasonable. They're smokin' something I'm afraid .... Here's a case in point ... every year Remodeling Magazine puts out a Cost...

By David Spencer, Chicago Area Commercial-Residential R.E.
(Keller Williams Team Realty)
Comments 0
In the table below lists all of the single family detached and single family attached homes currently on the market in Schaumburg, 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 hav...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 13
This always reminds me of a WWE Smackdown with the newest rumble approaching for the Spring 2017 Market.  As usual, every Spring Market brings higher prices which most buyers have reluctantly agreed to pay. Enter the buyers bank - the troublemaker in this whole process and assigns an appraiser t...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 0
Red Rock Red Rock a townhome community in Schaumburg that features one level and 2-story homes each with a private entrance.  Tucked behind the intersections of Barrington and Schaumburg Roads, it was built in 1994/1995 by Town and Country Builders. There are 4 different models available with squ...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 5
Most people think that 'spring' is the perfect time to buy a house. Well, that might be the time when most people 'think' of the idea but is it the best time? No .... actually there is less competition in January and February and prices are usually at their lowest.  Prices here in the Schaumburg ...

By David Spencer, Chicago Area Commercial-Residential R.E.
(Keller Williams Team Realty)
Comments 1
In the table below lists all of the single family detached and single family attached homes currently on the market in Schaumburg, 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 hav...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 3
Real Estate Market Update - Northwest Suburbs - December 2016 Let's jump into some real estate numbers! What are Prices Doing?  Average sales prices are relatively stagnant compared to other areas of the country. Remember when you hear the talking heads on the evening news they are talking nation...

By Lyn Sims, Schaumburg IL Area Real Estate
(RE/MAX Suburban - Northwest Suburbs of Chicago)
Comments 24
Recently I wrote a post about the fall through rate in our Northwest Suburban area.  We don't have definitive numbers on how many deals actually fall apart in our MLS.  I'd think that would be a good idea but it's just not available to us. Many parts of the country are reporting fall through rate...

By David Spencer, Chicago Area Commercial-Residential R.E.
(Keller Williams Team Realty)
Comments 1
In the table below lists all of the single family detached and single family attached homes currently on the market in Schaumburg, 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 hav...

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