schaumburg il real estate: What percentage of Schaumburg Homes are foreclosures? - 05/17/11 11:12 PM
What percentage of Schaumburg Homes are foreclosures?
With the recent release of an article from the National Assn. of Realtors (NAR) I wanted to remind everyone in the Northwest Suburbs of Chicago that real estate is local. NAR published a 'blanket statement' that obviously might not apply to your home and your area.  You have to 'whittle down' to each town on a regional and then a local level.

Just a short recap on their statement published was that 39% of sold homes for the 1st Quarter of 2011 nationally have been either foreclosures or REO's.  So what … (6 comments)

schaumburg il real estate: Northwest Suburban Real Estate Update for April 2011 - What's going on? - 05/13/11 02:30 AM
What's going on in our Northwest Suburban Market for April 2011? These are just a handful of words that I am feeling about the April Housing Sales statistics after review:
blissful, delighted, happy, joyful, pleased, satisfied, thankful, tickled, beaming, blithe, buoyant, cheery, lighthearted, sunny, upbeat; gleeful, jocund, jolly, jovial, laughing, merry, mirthful, smiling; beatific, ecstatic, elated, enraptured, entranced, euphoric, exhilarated, intoxicated, rapturous, rhapsodic, exuberant, exultant, jubilant, rapt, rejoicing, thrilled; hopeful, optimistic, rosy, sanguine. There, I think that I've covered it don't you think! Yes .... things are looking up in a great way so I'll share the exciting numbers with you.
OK, … (3 comments)

schaumburg il real estate: Is Your House Ready For Its Photo Shoot? - 05/08/11 08:10 AM
I really don't understand it. As a Realtor I spend alot of my time just shaking my head. Why you ask?  When I go into homes with plenty of notice (days sometimes) the kitchen still looks like this .......
Do you as a seller think that this is making a good first impression to that buyer? What possible excuse is there for a Kitchen that looks like this?

I'm waiting!  (tick, tick, tick, 1 one thousand, 2 one thousand) But until you think of a good story, please read this great post by Chris Ann Cleland about your homes upcoming … (10 comments)

schaumburg il real estate: Short Sales - What percentage are they of the overall Schaumburg Real Estate Market? - 05/03/11 05:54 AM
Short Sales - What percentage are they of the overall Schaumburg Real Estate Market?We can toss around numbers and talk all we like about Short Sales in our area real estate market.  I hear lots of hype, ridiculousness and many ideas on what should or should not be done.  But at the end of the day, the numbers tell the story.  
So, let's 'see' this Short Sale Story for Schaumburg Homes.  What's really been happening with closings over the last 6 months?  Based on the numbers in the graphs presented - Short Sales are between 10 to 12% of market share.  I actually … (8 comments)

schaumburg il real estate: Sellers take my advice, this is not the way to show your house! - 05/02/11 07:55 AM
Sellers take my advice, this is not the way to show your house!
Out showing property this weekend in the lower price ranges in Schaumburg.  And sellers, there are lots and lots of opportunities for buyers to choose from so your home better stand out for the price.  There's a good way and a bad way to get your house noticed. Here's an example of how to 'not' show your house.
Upon entering this home, 'from now on being referred to as the cave', our view was restricted because it was totally black.  Or close enough to night that a Livingroom could possibly get.  A … (11 comments)

schaumburg il real estate: Schaumburg IL Real Estate - Search for Schaumburg Homes Here! - 04/14/11 09:04 AM
Looking for a home in the Schaumburg IL area?    Check out what's available in Schaumburg Homes now!
These are the current market numbers and availability for Schaumburg Homes.  Lots of great home selections in Schaumburg (184 potential choices) with some below the $200,000 range and we've got great custom construction for price ranges above that!  Build your dream home for $1,600,000 and above.
But the best selection is between $200,000 to $300,000. The current average listing price for Schaumburg Homes is $339,149.  Some 'handyman specials, foreclosures and fixer uppers' are available for buyers trying to get instant equity in the … (3 comments)

schaumburg il real estate: Home Staging Advice - Does Each Room Pass the Yardstick Test? - 03/27/11 10:31 AM
 
I'm a real stickler for staging your home and preparing for being the top buyer selection when selling your home in this tough market.  This is just great advice as so many sellers have just too much furniture in a room that we have to squeeze through OR have your furniture lining the walls thruout the entire house.
Take a few moments and actually plan how your rooms flow. Is there enough room around that furniture? This is a great post that explains just that from Janet Jones.
Have you decided to put your home up for sale?  After you … (8 comments)

schaumburg il real estate: Short Sale Reform ... is it really possible? This attorney thinks so! - 03/25/11 07:02 AM
Short sale reform? Is it possible or just a pipe dream? I am pleased to announce a guest blogger to my site who's real estate practice revolves around short sales for the Schaumburg IL area.  Gary Lundeen has taken the task of writing (with a series of letters that I will be posting) directly to FNMA and Freddie with a solution to the short sale process.  His primary goal is for short sale reform - speed along and standardize the process, and alleviate the time and pain involved.  Short sale reform can turn around the economy and help thousands of homeowners across … (15 comments)

schaumburg il real estate: Schaumburg IL First Time Home Buyer Program - 03/22/11 07:39 AM
Schaumburg First Time Home Buyer Program
Yes, it's true and I've used it with a Schaumburg buyer.  It was very easy to do and many first time buyers do not realize that this kind of help is available (neither do Realtors).  I'm living proof that the program exists and I've got one happy buyer that was grateful for the help.  There are guidelines that you must qualify for and you must live in the property for 5 years.
Schaumburg has identified in the Community Development Block Grant (CDBG) Program that a first time homebuyer's program is needed to increase homeownership opportunities. CDBG are … (5 comments)

schaumburg il real estate: Northwest Suburban Housing Report - February 2011 - 03/12/11 06:18 AM
Northwest Suburban Housing Market - February 2011 Lyn Sims an extraordinary real estate agent is currently standing in the emergency room of the hospital that is now resuscitating the Northwest Suburban housing market. Nurses and doctors are working feverishly in a quiet hush - what will be the outcome?Paddles are powered up and ready having been used time and again to jump start the market but what will happen?  (soap opera music is now playing in the background) Lyn steps out of the operating room and removes her mask slowly.  There is a somewhat happy look on her face as she reports the … (6 comments)

schaumburg il real estate: Staging your Home - What rooms are the most important? - 03/09/11 01:18 AM
Staging Your Home - What rooms should be staged?
While making a good first impression is your obvious task when you sell your home which rooms are the most important?  This video gives suggestions and goes room by room with before and after ideas on where to put your energies first.
Foyer -
This is important because this gives that needed first impression.  Buyers make up their mind within a very short time about a house so don't blow it with a cluttered foyer. Tidy up the floors, remove boots and shoes and anything else not mandatory.  In fact, it might be a … (8 comments)

schaumburg il real estate: Schaumburg Homes - Lyn Sims RE/MAX Suburban - 03/05/11 05:28 AM
Looking to sell your Schaumburg Home?
Lyn Sims with RE/MAX Suburban offers practical selling advice and home staging getting your property ready to sell in this tough market.  Getting your property the top exposure it deserves on the internet where today's buyers start their shopping experience.

Looking to buy a Schaumburg Home?

Lyn Sims will represent you only as a buyer agent and get you the best price and the best terms for one of your largest investments.


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schaumburg il real estate: Towne Place West - Schaumburg IL Sold - 02/23/11 09:22 AM
Sold in Towne Place West! 1BR Aspen Model on the first floor with nice interior location. Towne Place West offers many ammenities including 2 pools, nature area & walking path, pond, picnic & play areas.  The one I sold was updated with remodeled bath, 6 panel doors, fireplace, ceramic tile in foyer & kitchen.
If you are looking to sell your home in Towne Place West, please visit this post to see what has recently sold for 2010.  I would welcome the opportunity to meet with you.If you are a buyer looking to purchase in Towne Place West, you can begin your search … (3 comments)

schaumburg il real estate: What is a Coach Home anyway? - 02/10/11 07:23 AM
What is a Coach Home anyway?  And while I'm asking what the heck is a Manor Home too? I have many buyers ask me 'What is a coach home or a manor home anyway?'  It all started with Lexington Builders on the eastern edge of Schaumburg around 30+ years ago.  It was a new design concept for condos that were normally high rise's in our area.
A 'coach home' is simply a different name for a 'quad' or group of 4 condos put together.  In the coach home layout there are 2 condos on the 1st floor and 2 condos on the 2nd floor.  Then … (9 comments)

schaumburg il real estate: Lexington Village - Schaumburg IL - 02/10/11 04:53 AM
Lexington Village - Schaumburg IL
Lexington Village is a coach home community located off Schaumburg Road just east of Roselle Road.  The community does offer a pool and clubhouse for the residents and exterior maintenance, snow removal, scavenger service and common area insurance is included in the monthly assessments. (Click on Map to take you to Lexington Village).
The Village of Schaumburg grounds is located nearby with ponds, walking paths and the Athenaeum Park. Close to the Schaumburg Library, Prairie Center for the Arts, Woodfield Mall, great restaurants and fast access to 355 and the Jane Addams Tollway.
Lexington Village offers 4 models to choose from and could … (0 comments)

schaumburg il real estate: Autumn Ridge - Schaumburg IL - 02/07/11 10:30 AM
Autumn Ridge - Schaumburg ILAutumn Ridge is considered one of the more upscale townhome communities in Schaumburg first developed in 1990 by Town and Country Builders.   When I first visited Autumn Ridge many years ago it impressed me with brick exteriors and offering a ranch model. This was in such buyer demand at the time but never built by most area builders.  Aging 'Boomers' weren't even thought of back then! 
For upgrades and unique points in Autumn Ridge we have: vaulted ceilings, full wall brick fireplaces, end unit upgrades, 1st floor Familyrooms, palladium windows, lunette windows, catwalk landing, whirlpools, skylites.  Another rarity at the time was that … (5 comments)

schaumburg il real estate: Lexington Green - Schaumburg IL - 02/05/11 06:45 AM
Lexington Green - Schaumburg ILLexington Green is a large coach home community located off Meacham Road just south of Schaumburg Road on both the east and west sides of the street.  Lexington Green offers a pool and clubhouse for the residents and exterior maintenance, snow removal, scavenger service and common area insurance and cleaning is included in the monthly assessments.  (Map on the right will take you to Lexington Green).
A golf driving range is located nearby along with the Fox Run Golf Course.  Close to Woodfield Mall, great restaurants and fast access to 355 North or South makes this a popular place to … (1 comments)

schaumburg il real estate: Heatherwood Estates West - Schaumburg IL - 01/26/11 11:30 AM
Heatherwood Estates West - Schaumburg IL
Heatherwood Estates West was started in 1991 by Pasquinelli Builders and offers 2 distinct sections (Original Heatherwood here).  
Heatherwood Estates West offers 8 different models to choose in manor homes/coach homes either on the 1st or 2nd floors and all include a private garage. In addition Heatherwood Estates West changed the bathroom configurations giving buyers a smaller bath and another walk-in closet (Mark 1).  Popular options available: ranch style living, vaulted livingrooms, vaulted bedrooms, gas log fireplace, skylites, garden tub, oak trim work and doors, window seats, walk-in closets, separate showers and deluxe baths.
Heatherwood Estates West also … (2 comments)

schaumburg il real estate: Heatherwood Estates - Schaumburg IL - 01/26/11 08:34 AM
Heatherwood Estates - Schaumburg ILHeatherwood Estates was started in 1989 by Pasquinelli Builders and offers 2 sections in 3 locations. This post is concerned with the first phase.  
Heatherwood Estates offers 8 different models to choose from either on the 1st or 2nd floors and all include a private garage.
Options possibly available:  vaulted livingrooms, vaulted bedrooms, gas log fireplace, skylites, garden tub, oak trim work and doors, window seats, walk-in closets, separate showers and deluxe baths.  
Heatherwood Estates offers plenty of open space, green areas and has a large pond with walking path.  Close proximity to banks, grocery store, shopping and is … (1 comments)

schaumburg il real estate: Glens of Schaumburg - Schaumburg IL - 01/13/11 07:33 AM
Glens of Schaumburg - Schaumburg IL
Glens of Schaumburg manor homes/coach homes obviously located in Schaumburg IL was originally built by Pasquinelli Builders starting in 1986. The Glens of Schaumburg is a popular area with commuters because it is close to the Schaumburg Metra Station (Milwaukee West Line) which you can walk (if your athletic) or drive too.  The Schaumburg Station offers plenty of parking and express runs into Schaumburg or from Chicago.  Access to 390 the Elgin-O'hare Expressway is also a short drive away.
The Glens of Schaumburg at inception offered very contemporary floor plans with 9 foot ceilings on the 1st floor units and … (1 comments)

 
Lyn Sims, Real Estate Broker Retired

Lyn Sims

Real Estate Broker Retired

Schaumburg, IL

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Address: Schaumburg, IL, 60194

Mobile: (847) 962-7104


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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