bartlett homes for sale: Bartlett IL Housing Market Update - April 2011 - 04/12/11 02:08 PM
Bartlett IL Housing Market Update - April 2011 This is what the Bartlett IL Housing Market is showing us now ...... What is still selling seems to be on the low end of every price range which will further pull down the average or median sales prices in the Bartlett area.  On updating this graph over the year end 2010 summary, all the average sales prices were adjusted downward except for Hoffman Estates and Streamwood. Monthly Bartlett Home sales figures have been relatively low through the chilly 4th quarter winter months and haven't warmed up much for the 1st quarter!  (I … (1 comments)

bartlett homes for sale: Bartlett Area Real Estate - Bartlett IL Homes for Sale - Market Update November 2010 - 12/15/10 07:29 AM
Northwest Suburban Housing Forecast Inventory up - Sales down.  (that's what you said last month Lyn! Awwww...... ) That's pretty much what the market is shaping up for in our area over the next 2 months of 2010.  What is selling seems to be on the low end of every price range which will further pull down the average or median sales prices in our area.  On updating this graph over October, all the average sales prices were adjusted downward slightly except for Bartlett.Monthly Northwest Suburban sales figures have been low through October and November.  The year is unfortunately going to end … (0 comments)

bartlett homes for sale: Homeowner Mistake of the Week: Over-improving the Master Bedroom - 11/14/10 05:13 AM
Seller mistakes & over-improvement to one area of their home only to literally LOOSE value because of the over-improvement.  This is a great example of what NOT TO DO - Never, repeat that, never compromise the number of bedrooms you currently have to enlarge another.  Either you do it right or you do it wrong & suffer the consequences.  A bedroom should be left an average size for the neighborhood.  Don't turn one bedroom into a small 'holding cell' and expect buyers not to notice.
Enjoy this post & perspective from J. Philip Faranda from the east coast.


I … (3 comments)

bartlett homes for sale: Pricing Strategy for your Bartlett IL Home - 10/07/10 11:36 AM
Pricing Strategy for your Bartlett IL Home  
Listing your home soon?  Here's a couple of things you should know about 'Price'.
There’s actually a few factors that are embroiled together – Price, condition, location.  Together all three will actually make your home either sell or be rejected by prospective buyers. Obviously in this market and the elevated inventory for Bartlett IL Homes you have to be ‘dead on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  Too low?  Well that really doesn’t happen too often except in distress sales, … (0 comments)

bartlett homes for sale: Bartlett IL Homes - Search for Real Estate here! - 08/15/10 12:00 PM
Looking for a home in the Bartlett IL area?   Check out what's available in Bartlett IL Homes now! Interest rates are at a 40 year low (check on right) so why not take advantage?These are the current market numbers and availability for Bartlett IL Homes.  Lots of great home selections (279 total) with some below the $150,000 range and we've got great custom construction for price ranges above that!  The current average listing price for Bartlett IL Homes is $328,767.  Some 'handyman specials, foreclosures and fixer uppers' are available for buyers trying to get instant equity in the market by doing the work … (0 comments)

bartlett homes for sale: What you should know about Pricing your Bartlett IL Home - 08/05/10 08:56 AM
Listing your home soon?  Here's a couple of things you should know about 'Price'.
There’s actually a few factors that are embroiled together – Price, condition, location.  Together all three will actually make your home either sell or be rejected by prospective buyers. Obviously in this market and the elevated inventory for Bartlett IL Homes you have to be ‘dead on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  Too low?  Well that really doesn’t happen too often except in distress sales, foreclosures and the like.  A fair price – … (1 comments)

bartlett homes for sale: Bartlett IL Homes for Sale - Mobile Search - 08/05/10 08:52 AM
Introducing m.lynsims.net! Now your real estate search and favorite properties can go wherever you and your phone go!  THE MAGNIFICIENT 7 FEATURES OF MY NEW MOBILE SEARCH ~ 
Search the full MLS anywhere anytime including access to property details. Registered members, like yourself, can see all available listings in the MLS. Access your saved searches and favorites from your mobile device. Unlike most mobile real estate searches on the market today, you can save your searches and your favorite properties. There is no learning curve. The mobile process is completely intuitive. You can search and save just like you do on … (0 comments)

bartlett homes for sale: Bartlett IL Real Estate - How many Short Sales are there? - 06/22/10 12:44 PM
Ever wonder how many short sales are REALLY on the market? I know I have.  We hear in the media day in and day out about the short sale epidemic.  Short sale this, short sale that.  I decided to find out for you what is really going on.  So much hype but what is the real story?  How many?
With Bartlett IL Home Sales that closed within the last 5 months there has been virtually a small percentage (13%) of homes going short sale.  But, unfortunately there is a larger percentage of foreclosures which my graph will represent.  An 'Arms Length' transaction is … (2 comments)

bartlett homes for sale: Bartlett IL Homes - What's on the market now? - 06/12/10 08:10 AM
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include Bartlett IL Homes.  Sellers are competing to make their home standout and enhance their marketability.  Prices have held between 4 to 6% from the listing price over the recent months.
Here is a chart of the ACTIVE Single Family Bartlett IL homes by price range with the market times posted as 'average days on the market.'
There currently are 273 single family homes available for sale with an average market time of 183 days.  The average list price is $339,057 and the highest listing price is … (0 comments)

bartlett homes for sale: Bartlett IL - 10 Questions You and Your Buyers Must Ask Before Purchasing A Condominium Unit - 03/28/10 06:50 AM
Thinking of buying a townhome or condo? Here's a good post about doing your 'due diligence' and investigate the association and the rules.  Now more than ever you want to be sure that the association is financially secure so you don't get involved in a nightmare!  Don't worry, most associatons are well run but you want to know what the rules are before you purchase!
Enjoy this great advice from an attorney in MA, Robert Vetstein.  Enjoy!

Buying a condominium unit can be more involved than buying a single family home. This is because you have to worry about both the … (0 comments)

bartlett homes for sale: Bartlett IL Homes - What's going on with home prices? - 01/13/10 02:59 AM
Bartlett Illinois Median Home Prices The graph displayed below is the median home prices in Bartlett from December 2007 to December 2009.  The median price is the point at which half of all homes are sold for more and half are sold for less.  
It gives you an idea of what prices properties are selling for in that community.  When the median price is on the lower end, more reasonably priced homes are selling vs. the higher end homes.  In the current market since May 2009, you can see that the median priced home was $251,547 and then rebounded for December 2009 with … (0 comments)

bartlett homes for sale: Bartlett IL Homes - How to Pick The Right Realtor - 01/13/10 02:18 AM
How to pick a Realtor?  That's a tough subject (ouija boards, psychics don't seem to work) which I'll try to illustrate with some humor from an agent, Greg Nino a successful agent that sells in Texas.  Some interesting 'pawspectives' that might make you smile.
You should interview your agent, either as a buyer or a seller and be sure you are comfortable with their skills and knowledge levels.  Don't be surprised if I don't agree with you as I'm not a 'yes man or uhhh women'. 
I'm a straight shooter that tells the truth, whether you like it or not.  The market 'is' the … (5 comments)

bartlett homes for sale: Bartlett Illinois Market Update - October 2009 - 10/24/09 03:47 AM
Bartlett Illinois Market Update by Price Range - July, August, September 2009 This post is actually in response to a lady asking a question on Trulia:
"We have had our house on the market now for 6 months without a single showing. Is this typical? We are at the 400-500 range, are none of these selling now?"
Answer:   A very small percentage of this sales range has sold.  Between the price range of $400,000 to $500,000 there have been only 5 sales during this last 3 month period.
 
Diligently trying to keep both buyers and sellers educated on the local Bartlett Illinois … (3 comments)

bartlett homes for sale: Bartlett IL Homes Available and Market Times - October 2009 - 10/04/09 08:02 AM
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include the Bartlett Area.  Sellers are competing to make their home standout and enhance their marketability.  Prices have held between 4 to 5% from the listing price over the last few months. 
Here is the chart of ACTIVE Single Family Prices in Bartlett with the MARKET TIMES posted as 'average days on the market.' There currently are 203 single family homes available for sale with an average market time of 190 days.  
The average list price is $363,496 and the highest listing price is $1,295,900.  The largest … (0 comments)

bartlett homes for sale: Bartlett Illinois Market Update - June 2009 - 07/05/09 07:52 AM
Market Update by Price Range - April, May, June 2009 Diligently trying to keep both buyers and sellers informed on the local Bartlett Illinois housing market has been my goal for many years.  This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity.  Which is up by the way!
60% over the last quarter!Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area? 
How can you use this information if you are a buyer?   The price range … (0 comments)

bartlett homes for sale: Bartlett Illinois Homes - Townhome Market Update June 2009 - Lyn Sims (847)230-7324 - 07/05/09 06:45 AM
Market Update by Price Range - April, May, June 2009 Diligently trying to keep both buyers and sellers informed on the local Bartlett Illinois housing market has been my goal for many years.  This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity.  Which is up by the way - but not by much!
15% over the last quarter!Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area? 
How can you use this information if you are … (0 comments)

bartlett homes for sale: Hanover Township Assessor - Long Time Occupant Exemption - 06/15/09 08:45 AM
LONG-TIME OCCUPANT HOMEOWNER EXEMPTION FOR COOK COUNTY  
New exemption will allow homeowners residing in their homes 10 years or more to receive additional tax relief if the following requirements are met:
 
Homeowner with a total household income of $75,000 or below will have an increase limited to 7% over the prior year’s taxable value, with no maximum exemption amount. Homeowner with a total household income greater than $75,000, but not exceeding $100,000 will have an increase limited to 10% over the prior year’s taxable value, with no maximum exemption amount. So an example would be:  Your taxes are $3500 … (0 comments)

bartlett homes for sale: Bartlett Illinois - Bartlett Realtor Lyn Sims (847)230-7324 - 05/31/09 07:41 AM
RE/MAX Suburban Ranks Among Nation’s Most Productive 500
Lyn Sims, broker associate at RE/MAX Suburban located in Schaumburg Illinois is proud to be affiliated with one of the top RE/MAX Brokerage Firms as ranked in the 2009 Real Trends 500.  This award is a NATIONAL RANKING of the top 500 leading real estate offices in the nation.

Call Lyn today for selling your home or purchasing a home in the Northwest Chicago Suburbs near Schaumburg.  With her 25 years of experience and her affiliation with a top nationally ranked company for the last 20 years - she'll get the … (0 comments)

bartlett homes for sale: Bartlett Illinois Market Update - April 2009 Townhomes, Quads, and Condos - 04/22/09 05:33 AM
Bartlett Multi-Family Closed Sales Update - April 2009  So for the 1st quarter of 2009 .............. we’ve had 18 properties close.
 
Why am I not enthusiastic?  Because Bartlett Single Family is doing better than the surrounding towns of Schaumburg and Hoffman Estates as far as number of sales and in higher prices.  Bartlett Townhomes are not selling as they should and are 30% down from the second half of 2008.
The graphs show us that obviously the first time buyers are spurring along the market in the lower price ranges all thruout the Northwest Suburbs.  The majority of sales for Bartlett, over 88% were … (0 comments)

bartlett homes for sale: Bartlett Illinois Market Update - April 2009 - 04/22/09 02:42 AM
Well lately we’ve heard some media buzz that improvement is happening in the Bartlett Market and I just wanted to let you know that YES – it seems to be true!
 
So for the 1st quarter of 2009 .............. we’ve had 36 properties close – YIPPEE. 
 
Why am I enthusiastic?  Because Bartlett is doing better than the surrounding towns of Schaumburg and Hoffman Estates as far as number of sales and in higher prices.  The graphs show us that obviously the first time buyers are spurring along the market in the lower price ranges all thruout the Northwest Suburbs.  The majority of … (0 comments)

 
Lyn Sims and the Blog Dog (Streamwood, Elgin IL Real Estate - RE/MAX Suburban)

Lyn Sims and the Blog Dog

Bartlett, IL

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Streamwood, Elgin IL Real Estate - RE/MAX Suburban

Address: Bartlett, Streamwood, Hanover Park, and Elgin in Illinois

Office: 847-230-7324

Listings, sales, market updates and humorous factoids for the communities of Bartlett, Streamwood, Hanover Park, and Elgin in the Northwest Suburbs of Chicago.

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