Real Estate News from Popular Illinois Cities

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Real Estate News from Popular Illinois Counties

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 9
  More Condo Transactions Possible Courtesy of Recent HUD/FHA Changes Today's homebuyers are increasingly reflective of the reality of modern life and its challenges ...As shared in my recent post, "Mortgage Advice & Options for Un-Married Couples", non-traditional methods of home buying are beco...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 4
Sellers have always been able to help with paying buyers closing costs if they choose. It goes in & out of fashion with the years that I've been selling in the Schaumburg Area.Now it seems like it is back in style & lenders have just taken the whole thing off the rails. What buyers might not und...

By Evelyn Santiago, Managing Broker Heart Realty Group, Inc., Passionate About Real Estate & Our Clients!
(Heart Realty Group, Inc..)
Comments 1
Despite low levels of inventory and buyer's cautious in making decisions, Oswego YTD home prices had only a 1.5% drop in average sales price to $288,807 from 2018's high of $293,421. The median sales price took a 3.6% drop from a high of $289,950 in 2018 to 2019's $279,450. There was a 9.1% in ho...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 0
How much will it cost you to purchase a home in 1, 2 or 3 years?You can bet that it will cost you more but in what ways? We're not just saying it, we can prove it based on previous trends.These charts compare all the costs & payments if you were to take out your loan today, versus 1, 2 and 3 year...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 1
Does a 'quick cash closing' really work for sellers?There's a few different things to call these companies that come in & buy your home for cash & you happily run away with all the money. Most firms call themselves I-Buyers & they were recently invented to save buyers from the 'horrors' of a real...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 32
  The Mortgage Advice & Options Un-Married Couples Need to Know  It probably comes as no big surprise, when it comes to the housing market, the younger generations make up the largest percentage of home buyers. The following statistics from the National Association of REALTORS® Research Group Apr...

By Debra Kukulski, Broker Associate, SRES;SFR,CDPE;GRI;ABR;e-PRO Realtor, Northern IL
(RE/MAX Suburban)
Comments 0
Hi and Happy New Year!   I made a short Video Message with my New Years Wish and Market Update for YOU:-)      Please Click Here For My Short 2020 Video Message To You!   This months newsletter includes some great statistics and tips on Home Buying and Home Selling in 2020!   I am truly grateful...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 2
One of the values that an agent brings to the table is their local knowledge of the real estate market. Is it up? Is it down? Suddenly a particular financing can no longer be used on your home which makes it available to less buyers. There are many, many things to compile to become knowledgeable....

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 6
One of the values that an agent brings to the table is their local knowledge of the real estate market. Is it up? Is it down? Suddenly a particular financing can no longer be used on your home which makes it available to less buyers. There are many, many things to compile to become knowledgeable....

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 0
 Hubbard Woods Winnetka Year-End Housing Review Home sales in Hubbard Woods were remarkably similar in 2018 as in 2019. Here’s how the numbers looked:    It’s interesting to see that overall sales were down but the median price was up by 18%. I agree that that is an encouraging statistic but I ha...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 10
 Herald News 2019 Readers' Choice Award Winner "Best Will County Mortgage Broker" -  Gene Mundt     Each year The Herald-News hosts a "Readers' Choice Award" contest ...This year's voting took place between the dates of September 10th to September 30th.    The winners in each of the award categor...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 2
 Winnetka/North Shore 2019 Real Estate Market Review  Most North Shore agents would say they’re glad 2019 is behind us. It was not as robust as 2018 and many of us felt that sales were sluggish with some outliers throwing the numbers out of whack. In the information below, for example, Kenilworth...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 1
 Here's the top things you will need to know if you are planning on selling. So how is the market doing currently in Hanover Park? Here's a few graphs to give you an idea. What is the percentage of homes that are going under contract each month in Hanover Park? This tells you if the market is fla...

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 0
 WILMETTE IL CONDOS ON THE LAKE FOR SALE The seven buildings along the lakefront in Wilmette have always been referred to as Plaza del Lago condos. There are 5 condominiums and 2 co-ops. They vary in size, layout, lake access, cost, price, and amenities. In the photo above, you can see all seven ...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 1
Here's the things you will need to know if you are planning on selling. So how is the market doing currently in Streamwood? Here's a few graphs to help give you an idea. What is the percentage of homes that are going under contract each month in Streamwood? This tells you if the market is flat, g...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 1
Here's the things you will need to know if you are planning on selling. So how is the market doing currently in Hoffman Estates? Here's a few graphs to help give you an idea. What percentage of homes go under contract each month in Hoffman Estates? This tells you if the market is flat, going up o...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 2
 Here's the things you will need to know if you are planning on selling in 2020. So how is the real estate market doing currently in Schaumburg? Here's a few graphs to help give you an idea. What is the percentage of homes that are going under contract each month in Schaumburg? This tells you if ...

By Brenda Kasprzyk, Realtor - Palos Heights, Palos Hills - Homes
(Real People Realty)
Comments 0
I  Did Received a Contract from the OPEN HOUSE in Hoffman Estates ~1100 Warington Lane , Hoffman Estates Thank you for all the well wishes. Closing Date is Jan.17 thWishing you a Happy, Healthy, and Prosperous 2020   BY BRENDA KASPRZYK Real Estate Agent with Real People Realty 214691  :November 1...

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 13
  To all my friends and followers at ActiveRain ...   

By Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi, 708.921.6331 - 40+ yrs experience
(NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656)
Comments 14
 What Insurance Protections Might Be Needed During Mortgage Financing?  The buying and financing of a home can seem like a pretty detailed and confusing process at times.  As a result, it's vitally important that new buyers and those refinancing thoroughly understand the process they're entering ...

By Scott Seaton Jr. Bourbonnais Kankakee IL Home Inspector, The Home Inspector With a Heart!
(SLS Home Inspections-Bradley Bourbonnais Kankakee Manteno)
Comments 5
I've said it before...Water always wins and is not your friend inside your home. This sump pump discharge jumped out at me the minute I saw it at my Bourbonnais Illinois Home inspection. Matted down grass. Moss growing on the wall. Large opening where the pipe exits the wall. It took every ounce...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 8

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Comments 7
PANTONE COLOR OF THE YEAR 2020 For 20 years, the Pantone company has come out with a “color of the year” meant to influence design and color trends across many industries. Some have been bold while some have been subtle but over the years, pundits have either criticized or praised the choice. But...

By Lyn Sims, Schaumburg IL Real Estate
(RE/MAX Suburban)
Comments 3
You have to make a good first impression quickly. This infographic gives some great tips on how to get your home ready to sell. Staging your home is not hard. It's showing your homes potential to all that visit. You always want to present your home in it's best light.  Looking for more staging id...

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