Bloomingdale, IL Real Estate News

By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Bloomingdale Illinois Median Home Prices The graph displayed below is the median home prices in Bloomingdale from December 2007 to December 2009.  The median price is the point at which half of all homes are sold for more and half are sold for less.   It gives you an idea of what prices properties are selling for in that community.  When the median price is on the lower end, more reasonably priced homes are selling vs. the higher end homes.  In the current market since January 2009, you can see that the median priced home was $244,500 and then rebounded for August 2009 with a price of $398,000. This is also following the trend that I have personally seen with first time home buyers moving along the market.  Foreclosures are traditionally priced below market and are also adjusting the pr...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Lyn Sims | RE/MAX Suburban | 847-230-7324 191 Hillcrest Terrace, Bloomingdale, IL WESTERN MEDINAH AREA! 2BR 2BA NEAR FOREST PRESERVE! 2BR/2BA Condo offered at $128,850 Year Built 1969 Sq Footage 1,087 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking Unspecified Lot Size Unspecified HOA/Maint $219 per month DESCRIPTION No updates needed - newer neutral carpet, remodeled Kitchen, remodeled Baths. Sunny unit with garage space, storage area, in unit laundry. Very private end unit overlooking oak tress and steps to Meacham Grove Forest Preserve that has walking paths, pond, etc. Small subdivision where you can virtually walk to shopping, banks, etc. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Living room - Dining room - Dishwasher - Refrigerator - Sto...
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By Aleksandra de Leon
(Executive Realty Group)
168 days remain! As many of you have already heard, the Homebuyer Tax Credit has been extended!  You must be under contract on a property by April 30, 2010 and close before July 1, 2010.  Read over the other details of the credit: First-time Homebuyers are those who have not owned a residence in the past 3 years.  The credit amount is 10% of the purchase price, with a maximum of $8,000.  So if you purchase a $70,000 condo, your credit would be $7,000.  If you purchase a $300,000 single family home, your credit would be $8,000.  Current Homeowners, who have lived in the home for 5 of 8 consecutive years and want to sell that home, are eligible for a $6500 tax credit.  If you have been thinking of moving, whether it is to move up, or down-size, this is a wonderful incentive. Income limit...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Bloomingdale Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of November 6, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome...
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By Aleksandra de Leon
(Executive Realty Group)
There is plenty to do this year on Halloween, let's just hope for warm weather!  Below are a list of events in Bloomingdale you should check out: Bloomingdale Police and Fire Open House(corner of Bloomingdale and Fairfield Rds) 10:00 AM to 2:00 PM Tour the police and fire station and play games!  Children should wear their costume for trick or treating. For more information, visit: http://www.villageofbloomingdale.org/sites/default/files/PD-FDHalloweenOpenHouseFlyer.pdf Startford Crossing in Bloomingdale Trick or Treating Event (corner of Gary and Schick Rds) 12:00 PM to 3:00 PM Wear your costume to go trick or treating.  And there is even a pet costume contest.  For more information, go to www.stratfordcrossing.com. Trick or Treating Official Hours 3:00 PM to 7:00 PM Remember to play ...
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Some of the subjects covered:     * Roles of the Lender/Mortgage Broker    * Credit    * Pre-Approval    * Roles of the Real Estate Agent    * Searching for Properties    * Contracts    * Negotiation    * ClosingClass Location: Carol Stream, ILHampton Inn, Conference Room #112, 205 West North Avenue, Carol Stream, IL Tuesday, November 17th at 6:30 p.m. To RSVP, please call or e-mail Lucinda at:LucindaM@StartingPointRealty.com(630) 674-6900
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
  Bloomingdale Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of October 23, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahom...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Bloomingdale Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of October 17, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
There is a large amount of inventory thruout the Northwest Suburbs of Chicago which include the Bloomingdale Area.  Sellers are competing to make their home standout and enhance their marketability.  Prices have held between 4 to 5% from the listing price over the last few months.  Here is the chart of ACTIVE Single Family Prices for Bloomingdale homes with the MARKET TIMES posted as 'average days on the market.' There currently are 105 single family homes available for sale with an average market time of 203 days.   The average list price is $502,658 and the highest listing price is $1,500,000.  The largest selection of homes occurs in the $350,000 to $399,000 price range. The lowest price is $206,000 which would be considered a 'value price' at any time of the year.  I always like to ...
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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 Bloomingdale, 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. If you are contemplating a change in lifestyle, ie. a more luxurious home or the luxury of the amenities in a senior citizen development, I may be able to save you some money via discounts available to me. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 25 251 $150,000 - $199,999 39 209 $200,000 - $249,999 31 213 $250,000 - $299,999 31 172 $300,000 - ...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Bloomingdale Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of July 17, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp...
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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 Bloomingdale, 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. If you are contemplating a change in lifestyle, ie. a more luxurious home or the luxury of the amenities in a senior citizen development, I may be able to save you some money via discounts available to me. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 26 183 $150,000 - $199,999 52 222 $200,000 - $249,999 35 227 $250,000 - $299,999 33 170 $300,000 - ...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Bloomingdale Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of August 21, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.a...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Bloomingdale Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of August 18, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.a...
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By Aleksandra de Leon
(Executive Realty Group)
Ahhh, to be a First-Time home buyer at this time... Low housing prices, low interest rates, lots of inventory to choose from, AND up to an $8,000 Tax Credit!  I must say, I envy you!  I have heard some confusion on the topic, so I wanted to clarify a few things.  Here are the basics: The credit is available on home purchases made between January 1, 2009 to before December 1, 2009.  This means that you need to CLOSE on a property by November 30, 2009.  I would recommend that you have a contract on a property by the first week of October at the latest to be sure that it closes on time.  The credit is 10% of the purchase price, up to a maximum of $8,000.  So if you purchase a $200,000 home, you are eligible for a tax credit of $8,000.  If you purchase a $70,000 property, you are eligible ...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Bloomingdale Real EstateDennis Toomey continuously monitors local real estate statistics to keep his clients informed and ahead of the real estate trends.  Below, at the end of the page you will find Bloomingdale real estate statistics for the last 12 months as of July 17, 2009.To find the value of your home with a free, over-the-net home evaluation, please visit: www.KnowYourHomeValue.com/active or use this link http://www.knowyourhomevalue.com/remaxil/modules/global/forms/marketevaluation.asp?&acc=32722&s=active If you would like a free list of homes for sale in this area/neighborhood or would like more information about Bloomingdale, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp...
Comments 0
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 Bloomingdale, 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. If you are contemplating a change in lifestyle, ie. a more luxurious home or the luxury of the amenities in a senior citizen development, I may be able to save you some money via discounts available to me.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 14 152 $150,000 - $199,999 49 233 $200,000 - $249,999 40 214 $250,000 - $299,999 29 165 $300,000 ...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Market Update by Price Range - April, May, June 2009 Diligently trying to keep both buyers and sellers informed on the local Bloomingdale Illinois housing market has been my goal for many years.  This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity.  Which is up by the way! 75% over the last quarter!Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area?  How can you use this information if you are a buyer?   The price range that you are thinking of purchasing in, is it one of the more active price areas of the market?  It would be telling you that there are a lot of other buyers also in your price range all looking for that deal!  How can this information help you if...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Market Update by Price Range - April, May, June 2009 Diligently trying to keep both buyers and sellers informed on the local Bloomingdale Illinois housing market has been my goal for many years.  This market update gives you the number of homes that have sold by price range so you get a feel for the current sales activity.  Which is up by the way! 100% over the last quarter!Is it the $8000 Tax Credit?  Is it the lower interest rates?  Or maybe just great values in the area?  How can you use this information if you are a buyer?   The price range that you are thinking of purchasing in, is it one of the more active price areas of the market?  It would be telling you that there are a lot of other buyers also in your price range all looking for that 'deal!'   How can this information help yo...
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By Ryan Gable
(StartingPoint Realty Inc.)
Some of the subjects covered:    * Roles of the Lender/Mortgage Broker    * Credit    * Pre-Approval    * Roles of the Real Estate Agent    * Searching for Properties    * Contracts    * Negotiation    * Closing Class Location: Bloomingdale, IL Barnes & Noble (In the Starbucks), 200 S. Gary Ave, Bloomingdale, IL Tuesday, August 25th at 6:30 p.m. To RSVP, please call or e-mail Lucinda at:LucindaM@StartingPointRealty.com(630) 674-6900
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