Schaumburg Housing Prices - June 2020

By
Real Estate Agent with RE/MAX Suburban

schaumburg home pricesMost 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 can tell you what I have noticed 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 effect you.

Just a disclaimer that real estate is a funny creature. One subdivision or town might be effected harshly & others will be fine. This is the way of the world so this report is a generality.

Now in our Schaumburg Market, things have returned to numbers expected. We still have showings taking place with precautions taking place & homes selling at a faster pace than the 2019 year.

schaumburg home prices

So in conclusion, the market is still moving forward we just have to do things in a different way. Closings are not attended by anyone in the same room or attorneys are explaining documents virtually. There is no more shaking hands at the table. It will be the 'new way' & we will have to adjust to everything that gets thrown at us.

schaumburg housing pricesIf you are thinking of selling, let's have a discussion on how to proceed. I'll be thorough as to what the process will be to allay any fears you have.

If you are a buyer it's best to get out there as interest rates are as low as they are going to go. You'll have to move fast & I can help you set up a strategy to do just that.  If you are being told that prices are coming down because of the pandemic you are FLAT OUT WRONG.

Posted by

 

lyn sims remax suburban  Lyn Sims    Schaumburg IL Area    Northwest Chicago Suburbs  ●  (847)230-7324
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Illinois
Tags:
schaumburg home prices

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
3,564,767
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Lyn. Opportunity abounds for those buying or selling who seek your professional advice. Enjoy your day!

Jul 07, 2020 04:57 AM #1
Rainmaker
1,561,631
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

You know your market, and when you say something is flat-out-wrong, it's flat-out-wrong!

Sellers and buyers in the Schaumburg IL area should call you today!

Jul 07, 2020 06:21 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,604,849

Lyn Sims

Schaumburg Real Estate
Need help with Schaumburg Area Real Estate?
*
*
*
*
Spam prevention

Additional Information