list price: Elgin, IL single family housing market hits new low list price - 06/09/09 01:04 PM
Elgin, IL-Update for investors
June 8, 2009
A single family home in Elgin at 646 Wellington Ave was listed by a Realtor for $30,000 a few weeks ago, marking a new low price in the city of Elgin. 
@Jkinzle 646 Wellington Ave, Elgin, IL Buy a house for price of a new car! $30K http://cli.gs/Zdr4YR
Before anyone asks, no, this home is NOT habitable, and needs a total gut/renovation job to make it livable.  However, it should be pointed out that cash investors will be looking at making offers and possibly driving up the price over list due to the low starting point.  Aside … (1 comments)

list price: Why Zillow doesn't work - 03/29/09 07:50 AM
I just Zillowed my own house and it was off by about $35,000 today.  Good thing I can check my numbers, since I'm a licensed Realtor!  It's a good idea for all home sellers to get a reality check and dig a little deeper for a list price.  Your neighborhood Realtor can help streamline the pricing process by helping you get the "bad eggs" out of the analysis.  Not only will they give you an objective price,  they have the ability to filter out the foreclosures, short sales and other "dings" in your market to show what a bank or appraiser … (1 comments)