Lyn Sims

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Real Estate Agent - RE/MAX Suburban
Schaumburg Homes and Schaumburg IL Real Estate - Northwest Suburbs of Chicago
RECENT BLOG POSTS
Every landlord should review this tenant screening recommendation from Trans Union. Great suggestions on what a landlord should be using and what income percentages to use so your tenant keeps paying on time. The 3 to 1 ratio is now becoming the industry standard. Is that what you've been using? ...
04/06/2017
One of the procedures that I always discuss with landlords using my services is that we have to screen the tenant fully so we don't have future eviction problems. Some of the best ways to do that is slow down and vet the applicant fully. You need a credit check, criminal background check and an e...
04/04/2017
What are home prices doing in the Schaumburg Area & Nationally? You can see by this report from FHFA that our region has increased around 5.87%. If you are moving out of state to another region you could actually be loosing money between ours in Illinois & a region possibly higher than ours. Illi...
03/31/2017
Inventory still remains low in our surrounding Schaumburg Area. February's numbers here showed 1.2 months of inventory for townhomes & condos in Schaumburg alone. In all my years in the business I have never seen the inventory so low. This brings about a problem for buyers - There isn't enough in...
03/26/2017
Real Estate Market Update - Northwest Suburbs near the Schaumburg Area - February 2017 This is the place to get all your real estate questions answered! What are Prices Doing?  Average sales prices are relatively stagnant compared to other areas of the country. Still just plunking along in the Mi...
03/17/2017
Lyn Sims Phone Number Direct: 8472307324 License Number IL Email Address lyn.sims@yahoo.com Web Site www.lynsims.net Mailing Address RE/MAX Suburban2311 W. Schaumburg Rd. Schaumburg IL 60194 http://www.lynsims.net/MRD9522162 331 HUNTERDON Court SCHAUMBURG, IL 60194 MLS#: 09522162 Price: $184,900...
03/07/2017
The tug-of-war between rising National home sales and shrinking inventory is escalating and the pressure is showing in home sale statistics for January. The month topped all other January's in our report's nine-year history with the most sales, highest sales prices and fewest days on the market. ...
03/01/2017
Hey, Buyers don't want free money! Lately, I have been working with a loan officer that has been having some great luck with buyer down payment assistance money.  He is offering a few programs that others are not & that kind of money just doesn't come around all that often. So .... don't you thin...
02/27/2017
This interactive graph gives the monthly average sales prices from January 2015 to March 2018 for Schaumburg IL Single Family Homes only. For the year of 2017, Schaumburg home owners have seen an increase in average sales prices from $315,900 to $337,200.   These numbers are averages for all sale...
02/24/2017
This interactive graph gives the monthly average market time from January 2014 to January 2017 for Schaumburg IL Single Family Homes only.  For the year of 2016, Schaumburg home owners have seen a distinct decline in days on the market to 74 which is 16% less than the beginning of the 2016 year.T...
02/24/2017
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Lyn Sims

Schaumburg IL Real Estate
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