schaumburg home inventory: Schaumburg Market Questions while under Quarantine - 04/20/20 09:02 AM
Most people that I talk with are concerned about how COVID-19 is effecting real estate. Will values stay the same? Will they decline?
Honestly at this time, I cannot look into my crystal ball & get a clear answer. I can tell you what I have noticed so far with as many numbers or trends as I can gather for you. Before your eyes glaze over when I mention numbers, I'll be sure to explain how they will affect you.
Just a disclaimer that real estate is a funny creature. One subdivision or town might be effected harshly & others will be fine. This … (1 comments)

schaumburg home inventory: Schaumburg's Home Inventory is Low - July 2019 - 08/11/19 02:54 PM
So .... What are Prices Doing? 
Average sales price ($376,000) a increase of 6% from July 2018.  Sellers are now happy with prices or have decided that now is a good time to move. Some of life's choices say that it's time to do it. How about you? Are you thinking of moving? With our overall amount of inventory we are still in a sellers market. Inventory has actually decreased from 2018 and inventory is down to 2.8 months of inventory. Market time for homes going under contract for July is 52 days. If you think that 52 days is high I would advise … (1 comments)

schaumburg home inventory: Schaumburg's Home Inventory is Low - June 2019 - 07/17/19 03:05 PM
 
How are those prices doing?
Remember that every subdivision and town is responding differently if and 'when' a home in the area goes on the market. What about you? Thinking that now is the time to move? Prices increased slightly overall. Find out exactly where your home stands by calling me for an evaluation.
 
Sellers or Buyers Market?
With our overall amount of inventory we are still in a sellers market. Inventory has actually decreased from 2018 (11%). Get your home on the market!
If your home is currently on the market for 30 days or more, buyers have given you feedback on your condition, price, or your location. With inventory this low there … (1 comments)

 
Lyn Sims, Schaumburg Real Estate (RE/MAX Suburban) Rainmaker large

Lyn Sims

Schaumburg Real Estate

Schaumburg, IL

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Address: 2311 W. Schaumburg Road, Schaumburg, IL, 60194

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Lyn Sims offers market observations, housing industry updates and real estate news about the surrounding communities near Schaumburg IL in the Chicago Northwest Suburbs.


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