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Arlington Heights, IL Real Estate News

By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
If there is one thing true of my daily life as a real estate agent selling ranch homes in Arlington Heights Illinois it's this. I can always find subjects to write about that are true life. We are back to talking about over-priced homes in Arlington Heights, whether they are ranches or not, finding the right listing price to attract great buyers and get a quick sale, and why ignoring data might just cost you dearly. Arlington Heights does have it's fair share of ranch homes, they are spread out among the two story homes. It's not that difficult for a good agent to estimate market value, so why do owners ignore the proof and list far too high? You are lucky to get a buyer in the first month of marketing, a buyer that will put down a hefty proportion of the cost, is well qualified for the...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Arlington Heights, IL The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 9 212 $50,000 - $99,999 71 270 $100,000 - $149,999 82 240 $150,000 - $199,999 61 279 $200,000 - $249,999 82 214 $250,000 - $299,999 81 189 $300,000 - $349,999 75 181 $350,000 - $399,999 66 213 $400,000 - $449,999 32 127 $450,000 - $499,999 27 224 $500,000 - $549,999 17 230 $550,000 - $599,999 7 81 $60...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in  Arlington Heights, IL The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 12 150 $50,000 - $99,999 70 255 $100,000 - $149,999 79 236 $150,000 - $199,999 57 271 $200,000 - $249,999 81 214 $250,000 - $299,999 77 185 $300,000 - $349,999 62 175 $350,000 - $399,999 65 226 $400,000 - $449,999 31 150 $450,000 - $499,999 28 219 $500,000 - $549,999 17 259 $550,000 - $599,999 10 56 ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Arlington Heights, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 173 272 $150,000 - $199,999 61 272 $200,000 - $249,999 71 250 $250,000 - $299,999 78 204 $300,000 - $349,999 55 214 $350,000 - $399,999 57 207 $400,000 - $449,999 33 164 $450,000 - $499,999 30 186 $500,000 - $549,999 24 260 $550,000 - $599,999 5 81 $600,000 - $699,999 9 268 $700,000 - $799,999 20 37...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Arlington Heights, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 183 251 $150,000 - $199,999 67 224 $200,000 - $249,999 70 260 $250,000 - $299,999 73 257 $300,000 - $349,999 52 191 $350,000 - $399,999 49 239 $400,000 - $449,999 29 175 $450,000 - $499,999 29 255 $500,000 - $549,999 22 272 $550,000 - $599,999 6 58 $600,000 - $699,999 8 298 $700,000 - $799,999 19 45...
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By Peter Kedzior, Professionalism & Dedication
(Crosstown Realty)
Times are tough, we all know that. Times are even tougher when it comes to selling a home. Huge inventory, cut-throat pricing, scarce buyers... Naturally some may think they can practically steal some of the least desirable homes around - bank owned/impenetrable/foreclosures. Not so fast... Yes, the number of bank owned homes is huge and will stay so for the foreseeable future. They are mostly in bad or very bad condition and corporate sellers would not (in most cases) pay for any repairs, even if required for the property to be appraised. Yes, cash is king but let's have some perspective here. Bank owned properties are listed at basement bargain prices to begin with. In many cases, the price comes at 10% - 30% less than comparable, other homes in the area.    There are bank-owned prope...
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By Peter Kedzior, Professionalism & Dedication
(Crosstown Realty)
In the second week of February 2011, 40 single family, bank owned homes were either listed or re-listed in the northwest Chicago area MLS. It was 25% increase in foreclosure activity compared to previous week. There were 12 new foreclosed houses listed, 24 price reductions and 4 homes were re-listed after deals were cancelled. © 2011 Midwest Real Estate Data LLC *This representation is based in whole or in part on data supplied by Midwest Real Estate Data LLC for the period February 12th through February 19th, 2011. Midwest Real Estate Data LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market
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By Rick Hauser, ABR, CNC, CNE, GRI, SFR, Exclusive Buyer Agent-Cov
(Buyer Broker Chicagoland - CHICAGO IL AND SUBURBS)
Arlington Heights Low Priced Homes, Including Bank Owned REO Foreclosure and Short Sale PropertiesIf you are looking for low priced homes in Arlington Heights, you can browse the properties here (or modify the search if you like for another city or price range.)   Buyer Broker Chicagoland’s map based search includes bank owned / REO foreclosure homes, short sale properties, and many other property types.   Though we are based in Chicago’s northwest suburbs, we have had transactions in just about every suburb in the Chicagoland area, including many in downtown Chicago.Many of our past clients have loved Arlington Heights for it’s vibrant downtown area - with it’s many shops, restaurants, the theater’s live shows, live music, proximity to an easy train ride to downtown Chicago, and much m...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Arlington Heights, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 190 252 $150,000 - $199,999 60 235 $200,000 - $249,999 73 286 $250,000 - $299,999 73 233 $300,000 - $349,999 52 232 $350,000 - $399,999 47 262 $400,000 - $449,999 23 224 $450,000 - $499,999 21 258 $500,000 - $549,999 22 284 $550,000 - $599,999 4 34 $600,000 - $699,999 8 350 $700,000 - $799,999 16 ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Arlington Heights, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 194 249 $150,000 - $199,999 59 249 $200,000 - $249,999 71 285 $250,000 - $299,999 75 233 $300,000 - $349,999 51 241 $350,000 - $399,999 47 259 $400,000 - $449,999 24 212 $450,000 - $499,999 21 271 $500,000 - $549,999 22 281 $550,000 - $599,999 2 62 $600,000 - $699,999 8 347 $700,000 - $799,999 16 50...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Arlington Heights, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 195 249 $150,000 - $199,999 59 233 $200,000 - $249,999 75 257 $250,000 - $299,999 84 254 $300,000 - $349,999 44 276 $350,000 - $399,999 51 256 $400,000 - $449,999 24 223 $450,000 - $499,999 21 247 $500,000 - $549,999 23 279 $550,000 - $599,999 4 105 $600,000 - $699,999 11 495 $700,000 - $799,999 16 ...
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By Jan McNulty
(RE/MAX Suburban)
  As most Realtors today feel, last year was better than 2009, but still a rough year for the real estate market in the Northwest suburbs of Chicagoland. However the interesting story is the expectations of 2011 to be a better year for homeowners, as well as buyers. For the sellers, they have watched previously double digit devaluation for no fault of their own. They have reviewed listings on line, changed their future plans to accomodate a safer time to make major decisions in their lives. Their hopes and dreams of the glamorous beginning of 2000, where the combination of a great sellers' market, easy money from Wall Street, and an effort by the government to make housing affordable to all, inflated their value to unrealistic expections. When it was happening, the Realtors couldn't be...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Arlington Heights, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 207 245 $150,000 - $199,999 58 241 $200,000 - $249,999 77 250 $250,000 - $299,999 82 258 $300,000 - $349,999 49 255 $350,000 - $399,999 51 245 $400,000 - $449,999 23 234 $450,000 - $499,999 25 220 $500,000 - $549,999 21 251 $550,000 - $599,999 4 357 $600,000 - $699,999 14 424 $700,000 - $799,999 15 ...
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Campbell Courte in Arlington Heights Campbell Courte is a condo community built in 2000's by Norwood Builders. Campbell Courte is located on Vail South off Northwest Highway in Arlington Heights, Illinois. Campbell Courte is a 91 unit condo project consisting of one and two bedroom units. Floor plans range from 1,057 to 2,267 square feet of living space. Activity in Campbell Courte for the past 6 months Homes Sold Lowest Price Highest Price Average Price 2 $200,000 $377,450 $288,725 2 homes sold in Campbell Courte in Arlington Heights from $200,000-$377,450 with an average price of $288,725 within the last 6 months. -Arlington Heights- Address City Beds Baths Model List Price Status 200 Campbell St, 713 Arlington Heights 1 1   $205,000 Active 200 Campbell St, 501 Arlington Heights 1 1  ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Arlington Heights, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 210 239 $150,000 - $199,999 56 239 $200,000 - $249,999 76 241 $250,000 - $299,999 87 247 $300,000 - $349,999 48 246 $350,000 - $399,999 57 228 $400,000 - $449,999 24 219 $450,000 - $499,999 26 220 $500,000 - $549,999 22 262 $550,000 - $599,999 4 347 $600,000 - $699,999 15 392 $700,000 - $799,999 15 ...
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By Marco Amidei
(RE/MAX Suburban )
Arlingdale - Arlingdale is located in Arlington Heights on Euclid West of Northwest Hwy. Arlington Acres - Arlington Acres is a single family home neighborhood in Arlington Heights. Arlington Acres is located on Euclid East of Arlington Heights Road. Arlington Countryside - Arlington Countryside is a single family home neighborhood in Arlington Heights. Countryside is on Oakton off Arlington Road. Arlington Court - Arlington Court is a subdivision of single family homes built in the 1960's and 1970's. Arlington Court is located in Arlington Heights north of Kensington and west of Waterman Avenue. Arlington Farms - Arlington Farms is a single family home neighborhood. Arlington Farms is located on Euclid off Arlington Hts Rd in Arlington Heights. Arlington Gardens - Arlington Gardens is...
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By Jim Holder, REALTOR EMERITUS, ABR,ePRO,CNC,SFR,
(HomeSmart Connect)
Where is this leading?   Foreclosure filings increased from last year in 133 of 206 metropolitan statistical areas tracked in the third quarter, or 65%, according to RealtyTrac. The Seattle area had the highest increase. There, foreclosure filings, which include notices of default, pending cases, notices of foreclosure sale and repossessions, increased 71% from the third quarter of 2009. Chicago was second with a 35% increase followed by Houston,  Texas number at 26%. California, Florida, Nevada and Arizona accounted for 19 of the top-20 foreclosure rates in the country. The only exception was Boise City, Idaho, which was 14th. Las Vegas posted the highest rate in the third quarter, where one in every 25 housing units received a filing, more than five times the national average. The 32...
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By Jan McNulty
(RE/MAX Suburban)
Halloween...only 9 days away! And now I find out that Zillow, has named Chicago as a Halloween friendly score in the Top 20 places for the Zillow Trick-0r-Treat Housing Index. What fun!  Though I don't want to be so analytical, Zillow compared the Home Value Index, population density, the local crime data as well as the handy Walk Score. Chicagoland loves Halloween! Decorating their homes, putting out Halloween lights, or those huge blow up goblins, witches and cats, or even having funny grave stones in their front lawn. The retail experts say that Halloween is our second highest commercial holiday after Christmas and it's no wonder. Candy, costumes, home decorating items, special treat for your own children. Another interesting fact: Harry Houdini died on Halloween. So Channel 11 or 9...
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By Peter Kedzior, Professionalism & Dedication
(Crosstown Realty)
By: Peter Kedzior, REO Specialist | Coldwell Banker Residential Brokerage | Arlington Heights, Illinois | www.PeterKedzior.com What started as a curious case of one bank employee who admitted he used to approve thousands of foreclosure cases every month without even reading most of them, now turned into a nationwide scandal involving possibly hundreds of thousands of homes in the process of foreclosure. As most of us have heard by how, three major banks: J.P. Morgan Chase, Wells Fargo, Bank of America and GMAC all announced a temporary halt on foreclosures while the extent of “flawed paperwork” is being investigated. This practice must have been so widespread that Congress in an unusually expedited manner voted a bill that would make foreclosure documents that meet legal standards in on...
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By Peter Kedzior, Professionalism & Dedication
(Crosstown Realty)
The most recent S&P/Case-Shiller Home Price index that was released today, provides long-awaited positive news about U.S housing market. Countrywide, home prices went up 3.6% in 2009. The last available data for second quarter of 2010 also show a substantial increase in home values at 4.4% over the first 3 months of 2010. That would be a very positive sign if not preceded by last week's spade of bad news about recent home sales and inventories. Most experts agree that July 2010 S&P/Case-Shiller Home Price index will reflect the negative effect of expiration of tax credit. The supply of unsold homes have been steadily rising since May. Nationwide, it would take 12 months to sell all listed homes - twice what is considered a normal inventory, balancing supply and demand. June 2010 was als...
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