housing market: St Charles Housing Market Stable
- 09/01/16 12:52 AM
School has begun and summer is coming to an end. This typically brings a slowdown to the local real estate market. St Charles, however, still has home buyers and the seller inventory to meet demand. We all know the terms "sellers market" and "buyers market". St Charles, as a whole, is experiencing neither right now. We're in a stable market. Depending on where in St Charles you live, though, selling could be a little easier. The city as a whole has 5.62 months of housing inventory. Anything between 5-6 months is "normal". There are 658 homes (both attached and detached) on the market with 468 homes closed in the last 4 … (0 comments)
housing market: St Charles Homeowners: Now Is The Time To Sell
- 03/10/15 09:56 PM
We've all heard of the law of supply and demand. Rare things cost more, an overabundance causes prices to drop. The St Charles housing market is still in that sweet spot where demand outweighs supply, making it a great time to sell!
There are several factors that go into pricing a home, and more importantly, what a buyer will pay for it. Location Competition Condition Supply & Demand These are just a few of those factors. Now location, well, you can't really do anything about that. The condition of your home you can totally control. Competition as well as supply & … (0 comments)
housing market: St Charles Housing Inventory Poised to Increase
- 02/28/15 11:32 PM
This winter has seen robust home sales in St Charles, Illinois and surround areas. The inventory of available homes for sale remain relatively high but buyers are plentiful. March is typically a time when more home sellers decide to enter the market. Inventory has fallen but buyers remain, this is good news if you've been thinking of selling! It's not too early to get in on what is sure to be a busy spring real estate market here in St Charles. There are several factors making conditions optimal for selling your St Charles home. Interest rates are still low but expected to rise. Buyers are looking to … (0 comments)
Matt Kombrink, your trusted real estate agent thought you'd find this information helpful and is ready to answer any questions about the local North Aurora market.
Let's take a look at real estate activity in North Aurora, Illinois during the month of August.
The number of active listings was up 13% from one year earlier and down 5% from the previous month. The average listing price for the month was just under $253,000. Compared to last year the average number of days that units spent on the market before being sold … (1 comments)
housing market: Geneva IL Real Estate Market [INFOGRAPHIC]
- 12/03/13 04:54 AM
Housing Market Trends for December 2013 The Kombrink Team at RE/MAX Great American North has put together their Geneva IL Real Estate Market Report for December 2013. This report gives you a complete snapshot of the current housing market as well as historical data for Geneva, Illinois. The interactive infographic below hits on most of the key numbers in the report. To view all of the numbers, and what they mean to you, scroll down.
Geneva, illinois | Create infographics HOMES FOR SALE There are currently 195 homes for sale in Geneva. This represents a -24.5% drop from the same … (0 comments)
housing market: Are ants more real estate savvy than us?
- 10/03/13 03:05 AM
Rock Ants Do Their Research When Considering A Move! Temnothorax albipennis, or rock ants, require the perfect home to provide safety and productivity of their queen and her offspring. They regularly consider whether to move to a better property or remain in the current one, but unlike humans who have to struggle with housing bubbles, ants seem to invest in their housing market in consistent and rational ways.
According to the University of Bristol, rock ants continually monitor the local real estate market so they know exactly what new homes are available. Their search is tuned to the … (1 comments)
housing market: Will The Government Shutdown Tie Up Home Closings?
- 10/02/13 04:30 AM
If you're in the process of getting a home loan, hope for a speedy end to the government shutdown! The effects of the government shutdown may be hitting close to home. Case in point, the IRS...
With most lenders verifying tax returns and Social Security Numbers these days, your loan could get held up. Lenders may run into a snag when they call Washington and the phone goes unanswered... You shouldn't notice any immediate effects in the home loan market but as the shutdown drags on, things could get worse.
Find out what's going on in the Chicagoland IL real estate market, local news and general advice for homeowners. Our Chicagoland Real Estate Blog provides fresh perspective on our market activity. Be sure to check it out!
School has begun and summer is coming to an end. This typically brings a slowdown to the local real estate market. St Charles, however, still has home buyers and the seller inventory to meet demand.
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