schaumburg home sales: 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 sales: How have Schaumburg Home Showings changed since COVID-19? - 03/26/20 02:28 PM
There are many things that are happening in the Schaumburg Area Real Estate Market & some are very good. Showings have been impacted (graph is Illinois) but I wanted to show that not all real estate has stopped dead in its tracks.
We have had many transactions already in the works & they have closed successfully. So this graph shows that showings so far over these last few weeks have been down by 22% across IL. Following the end of the month, we will get another number but don't forget that this has never happened before in any market.
Another surprising figure that … (6 comments)

schaumburg home sales: Schaumburg Home Values - are we going for a great start? - 02/26/20 03:26 PM

 
Here's the things you will need to know if you are planning on selling. So how is the market doing currently in Schaumburg? Here's a few graphs to help give you an idea.

What is the percentage of homes that are going under contract each month in Schaumburg? This tells you if the market is flat, going up or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
 
How many homes are for sale in Schaumburg? This is called the months of inventory level. The lower the level of homes on the market the better the market is for … (1 comments)

schaumburg home sales: Let's get your Schaumburg Home on the market today! - 02/12/20 07:02 AM
 
Sometimes, life just hands us the inevitable: just when everything seems right with your home, something happens and you have to sell it!  It could be that unbelievable job opportunity that you just can't pass up OR triplets!
No matter what your reasons are for selling, remember that now's not the time to dawdle, the process of preparing a home for sale can take a month or more. You've got work to do!  So, let's jump in .....
 
1. Take a Fresh Look at Your Home
Your home looks great to you, but a buyer wants to see it how his family will be living in it -- so take … (4 comments)

schaumburg home sales: Are Schaumburg Home Sales Slowing down in Fall? - 11/10/19 11:33 AM

 
Here's the things that you will need to know if you are planning on selling in Schaumburg. Here's a few stats to help give you an idea.

What is the percentage of homes that are going under contract each month in Schaumburg?  14% of total homes listed in October.  This tells you if the market is flat, on the up or decline based on homes going under contract. It shows you the 'action' that buyers are taking in the market. Buyers are not in a rush with this percentage - market is cool that's for sure.
 
How is Schaumburg's inventory level?
The lower the level of … (2 comments)

schaumburg home sales: Are Schaumburg Homes Still Selling Well? - 10/03/19 12:00 PM
Real Estate Market Update in Schaumburg - September 2019 What are Prices Doing?  Average sales price ($341,500) a decrease of 6% from September 2018.  Remember that every Schaumburg subdivision is responding & recovering differently. That means "if and when" a home in the area goes on the market. Sellers are now pretty happy with prices or have decided that now is a good time to move. How about you? Are you thinking of moving? With our overall amount of inventory we are still in a sellers market. Inventory has actually increased from 2018 at 9%.

Homes actually closing in Schaumburg was … (1 comments)

schaumburg home sales: Schaumburg Home Sales - 1st Quarter 2019 - 04/28/19 01:54 PM

 
How's the first quarter 2019 for real estate in Schaumburg? Here's the things that you will need to know currently in Schaumburg. I've provided a few graphs to help give you an idea.

What is the percentage of homes that are going under contract each month in Schaumburg?


This tells you if the market is flat, on the upswing or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
 
What is Schaumburg's inventory level?
This is told in the months of inventory level. The lower the level of homes on the market the better the market is for … (1 comments)

schaumburg home sales: Schaumburg Home Showings down from 2018 - 04/08/19 01:01 PM
Schaumburg Home Showings are down from 2018!
Buyer appointments for showing homes in our Midwest Region is down from the previous year 2018 & even 2017. Don't know if it is because of the weather not being very kind this year or that interest rates took a blip upward. Hopefully we will catch up now that the weather has broken.
These 'foot traffic' numbers track how many buyers actually open the door & tour your home.
 
  
 
 
 
Forecasters hope that the lowering of interest rates will spur sluggish/lackluster sales along. They did it at a good time of the year when the most purchases will usually … (0 comments)

schaumburg home sales: How's the 1st quarter 2018 for real estate in Schaumburg? - 04/16/18 08:40 AM
How's the first quarter 2018 for real estate in Schaumburg?

The things that you will need to know if you are planning on selling is how is the market doing currently in Schaumburg. Here's a few graphs to help you get an idea.

What is the percentage of homes that are going under contract each month in Schaumburg?

This tells you if the market is flat, on the upswing or declining based on homes going under contract. It shows you the 'action' that buyers are taking in the market.
What is Schaumburg's inventory level?

This is … (0 comments)

schaumburg home sales: Schaumburg Home Sales - What's the most popular price range? - 01/19/16 02:23 AM
There have been total of 472 closed single family homes in Schaumburg for 2015. The most popular price range is between $250,000 to $300,000 which is very affordable for our area.
 
Let's view some Schaumburg Homes in the $250,000 to $300,000 range right now.
 

If you are thinking of selling your Schaumburg home soon look for an agent that's a true market expert.  I can zero in to your specific area and give you the current market details so you can make an informed decision and help your home sell faster.
 
My experience also plays an important role. I'm one of those unique … (5 comments)

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

Lyn Sims

Schaumburg Real Estate

Schaumburg, IL

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


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