streamwood il homes: Streamwood Homes - Is it a good time to sell right now? - 04/19/17 01:00 PM
Streamwood IL Homes - Housing Market Stats for January to March 2017 Looking for current and concise market information for Streamwood IL Homes?  You've come to the right place and I've actually been seeing a constant improvement over the last year.  Interest rates have been low with great affordability and more and more people realizing that it's cheaper than rent. Let's talk about a few different market facets here - the months supply of inventory for Streamwood IL Homes has been steadily decreasing. We have 37% less in housing inventory then we did a year ago. This is unprecedented. The tables have finally … (0 comments)

streamwood il homes: Streamwood IL Homes - Average Market Times - 01/11/14 06:59 AM
This interactive graph gives the average market times from 2014 to present day for Streamwood Single Family Homes. For the year of 2016 Streamwood IL Homes have seen a decline in average days on market to 75 which is 20% less from the beginning of the year.  
These numbers are averages for all sales and if you are looking for specific information regarding the market time and pricing of your home currently, please call us for a no obligation market evaluation and consultation.

 
Average Sales Prices on Streamwood Homes
Average Sales Prices on Streamwood Townhomes/Condos
Average Market Times on Streamwood Townhomes/Condos
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streamwood il homes: Streamwood IL Homes - Average Sales Prices - 01/11/14 06:44 AM
This interactive graph gives the monthly average sales prices from 2014 to present day for Streamwood IL single family homes only. For the year of 2016, Streamwood home owners have seen an increase in average sales prices from $181,300 to $195,800.  
These numbers are averages for all sales and if you are looking for specific information regarding the pricing of your home currently, please call us for a no obligation market evaluation and consultation.
 
 
Streamwood Homes Average Days on Market
Streamwood Townhomes/Condos Average Sales Prices
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streamwood il homes: Streamwood IL Real Estate - Market Improvements for August 2012 - 09/18/12 01:18 AM
Streamwood IL Homes - Streamwood IL Real Estate - Housing Market for August 2012 Looking for current and concise market information for Streamwood IL Homes?  You've come to the right place and I've actually been seeing a distinct improvement for the last 15 months.  Interest rates have never been lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Streamwood IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 27% less in housing inventory then we did a year ago.  With too … (0 comments)

streamwood il homes: Streamwood IL Real Estate - What's going on with our housing market? - 05/06/12 07:54 PM
Streamwood IL Real Estate - Housing Market for April 2012 How to describe this market for Streamwood IL Homes? We have actually been seeing an improvement for the last 12 months.  It still feels sluggish with extended market times, erratic movement, and unpredictable both for buyers and sellers.  Interest rates have never been lower with affordability being the best it's ever been.  But buyers are still pensive and definitely not pulling the trigger very fast which then frustrates sellers! The months supply of inventory for Streamwood IL Homes has been steadily decreasing and is an asset for recovery. We have 29% less in housing inventory then … (2 comments)

streamwood il homes: Streamwood IL Real Estate - What are home prices doing? - 02/24/12 06:36 AM
There's been much talk (chatter by the national talking heads) in the media about our Northwest Suburban and Streamwood home values returning to a previous level. I read these reports constantly, day in and day out and wonder to myself 'How do they know this stuff when I don't even know it!'Real estate is unique in that it is very local in nature. In fact, real estate is so unique it can even be broken down further to say that neighborhoods even in the same town will been effected differently. What happens in one subdivision doesn't necessary happen in another. What … (1 comments)

streamwood il homes: Streamwood IL Homes - Streamwood IL Real Estate - What's the market doing? - 02/22/12 04:35 AM
Streamwood IL Homes - Streamwood IL Real Estate - Housing Market for January 2012 How to describe this market for Streamwood IL Homes?   We have actually been seeing an improvement for the last 10 months and are now equal to or above the total sales for 2011. It still feels sluggish, erratic, and unpredictable both for buyers and sellers.  Interest rates have never been lower with affordability being the best it's ever been.  But buyers are still pensive and definitely not pulling the trigger very fast which then frustrates sellers!The months supply of inventory for Streamwood IL Homes has been very steady and … (0 comments)

streamwood il homes: Streamwood IL Real Estate - What's the market doing now? - 10/24/11 07:18 AM
Signs of life in our Streamwood IL Real Estate Market recently.  We are moving ahead and sales have finally reached above the 2010 level of closings.  For the 3rd Quarter of 2011 Streamwood Single Family Homes are 13% above 2010 closings and Streamwood Multi-Family are 14% over 2010.As of yet there are still no price gains that I can see with the foreclosures still leading the way in current sales. If all goes well, the next trend will be for prices to finally level off and slight increases to begin.  This also would depend on how much inventory we have going … (0 comments)

streamwood il homes: Streamwood IL Homes - Pricing your home to SELL - 08/09/11 12:00 PM
Pricing your home to sell - how shall we arrive at a good price?  
Well there’s actually three things that are enmeshed together:  they are Price, Condition, Location.  All three actually make your Streamwood IL home either sell or be rejected by prospective buyers.
Obviously in this market with the elevated inventory you have to be ‘spot on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  A fair price – what a seller is willing to accept and a buyer is willing to pay.  That’s what we normally strive … (0 comments)

streamwood il homes: Streamwood IL Homes - How long will it take to sell? - 07/18/11 07:15 AM
Welcome to the roller coaster ride for Streamwood Homes!  In this gyrating edition of June's market update I'm going to decipher for you the current market trends (cause that's what I do) and tell you about time on market.  A more complex word that some use might be 'absorption rate'.  So how long will it take your Streamwood home to sell?Let's begin with the use of the economic basic of supply and demand. Obviously in this market we have too much supply. When that happens the time it takes to sell your Streamwood home also goes up. Buyers have a tremendous amount to … (0 comments)

streamwood il homes: Streamwood IL Homes - What type of financing was used? - 02/25/11 10:55 AM
Streamwood IL Homes - What types of financing was used? While the Blog Dog and I were investigating the total sales for each property type on Streamwood IL Homes we noticed a few striking differences between Streamwood single family homes and multi-family home sales.
Depending on what type of property you have will figure into your buying or selling strategy.  Types of financing that buyers use have different criteria and variables that sellers must pay attention too.  On FHA purchases the home must have minimum standards to protect the buyer from unknown future mechanical breakdowns.  When the appraisal is done on these properties the appraisers … (3 comments)

streamwood il homes: Concord Station - Streamwood IL Townhomes - 01/29/11 07:07 AM
Concord Station - Streamwood IL Concord Station built in 1995/1996 with Concord Builders offering unique Streamwood townhomes with a private entryway and a 2 car garage.  (Google Map on right will take you to Concord Station). Close to two different Streamwood Park District areas with tennis courts, play park and large open areas.  Forest Preserve bike and walking trails nearby.
Commuters to Chicago (Milwaukee West) can have the option of either the Hanover Park or Bartlett Metra Stations depending on the need for express trains and schedules. Both have plenty of available parking.
Possible options in Concord Station could include:  Greatrooms, vaulted … (0 comments)

streamwood il homes: Streamwood IL Homes - Streamwood IL Real Estate Housing Market 2010 - 01/27/11 12:00 PM
Streamwood IL Homes - Streamwood IL Real Estate - 4th Quarter 2010 Market Report How to describe this market for Streamwood IL Homes?   Sluggish, erratic, and unpredictable both for buyers and sellers. Inventory up, sales down.
The months supply of inventory for Streamwood IL Homes has been erratic from 15.7 then down to 8.6 then up to 14.6 months for December.  Where did these homes go?  I think that sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue with their future plans.  The problem is … (0 comments)

streamwood il homes: Streamwood IL Homes - Streamwood IL Real Estate Housing Market - 01/25/11 06:12 AM
Northwest Suburban Housing Forecast Inventory slightly up - Sales flat.  That's pretty much how the market has shaped up for 2010.  What is selling is the low end of every price range which will further pull down the average sales prices in the Northwest Suburbs. On updating the graph below over November, all the average sales prices were adjusted downward between $2000 to $4000 except for Elk Grove which stayed the same.Northwest Suburban sales figures have been slight through the last quarter of 2010. The year has unfortunately ended without much applause.  Even with the added advantage of low interest rates, the sales have … (0 comments)

streamwood il homes: Streamwood IL Homes - Market Update October 2010 - 12/01/10 08:45 AM
The attached graph shows the Median List Prices and the Median Sold Prices for Streamwood IL Homes.  An interesting feature is the difference between the List Prices and the Sales Prices when the market downturn began.  There was a definite 'disconnect' between what sellers wanted for their homes and what buyers were willing to pay.  As the Streamwood market progressed forward (an unfortunate looking ski slope) to today, we see that the prices are starting to converge upon each other.  Does this mean that buyers and sellers have weathered the 'price chasm' together?  I think so.

Both buyers and sellers … (2 comments)

streamwood il homes: Streamwood IL Homes - Market Update September 2010 - 10/03/10 01:06 PM
How to describe this market for Streamwood IL Homes?  Unbelievable! A now retired agent in my office used to say this to encompass every conceivable change or option and still stay positive!  I'm going to loudly reiterate that phrase to update you on recent Streamwood IL Home sales.Over the last 3 months, inventory for Streamwood IL Homes is down substantially from 12.4 to 7.1 then up again to 9.2 months.  Where did these homes go?  I think that sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue … (2 comments)

streamwood il homes: Streamwood IL Homes - Search the MLS here! - 08/15/10 09:47 AM
Looking for a home in the Streamwood IL area?   Check out what's available in Streamwood 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 Streamwood IL Homes.  Lots of great home selections (218 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 Streamwood IL Homes is $225,335.  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)

streamwood il homes: Suffering from "Financial Analysis Paralysis"? - 08/13/10 06:54 AM
Too many people are not making their financial decisions! They don't know who to trust or which way to go.  In order to move ahead in life and get 'unstuck' you must 'bite that bullet' and start to gather the information to help you make an informed decision.
This is a great post from a loan officer Deborah Garvin.  Start today.

Are you among the millions of Americans who are totally confused, suffering from a severe case of "Financial Analysis Paralysis" and convinced of the country's financial downfall?  Have the disjointed messages from the government and the subsequent media "spin" … (0 comments)

streamwood il homes: Streamwood IL Homes - Looking to sell? - 08/08/10 10:42 AM
This is the 'Months Supply of Inventory' for Streamwood IL Homes (single family only) from April 2007 to June 2010.This is also called the 'Conversion Rate' or how long and how much inventory is on the market in that particular town.  Obviously, the higher the rate, the longer the market time for homes in that community.Does your agent know the 'Conversion Rate' and will they share that information with you?  It shouldn't be kept a secret because it plays a pivotal role in how your home should be marketed.Looking to sell your home and work with an area expert?  Let's work out … (2 comments)

streamwood il homes: Streamwood IL Homes - Ever wonder how many Short Sales are on the market? - 06/22/10 07:15 AM
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 Streamwood IL Homes that closed within the last 5 months there has been virtually a small percentage (18%) of homes going short sale.  But, unfortunately there is a large percentage of foreclosures which my graph will represent.  'Arms Length' transaction is a regular … (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

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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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