Buffalo Grove, IL Real Estate News

By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
This is the latest Market Data Report for Buffalo Grove Homes from RANWC Year to Date: 22 homes were sold through February 2010 verses 15 homes in 2009 which is a 46.7% increase. The Average sale price through February 2010 is $311,364 verses $353,660 which is down 12.5% The Medium sale price through February 2010 is $292,000 verses $267,000 in 2009 which is up 9.3%. The attached chart shows the market statistics for detached homes and highlights the surrounding towns closest to Buffalo Grove. The good news is that lower price range is moving up which is expected. The first time buyer is leading the market and is serious about purchasing as we do not for see the tax credit being extended again. The move up buyer is the market that is hardest hit and will take longer to recover. In the n...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Judy Greenberg | Coldwell Banker | 847-602-5435 455 Navajo Trail, Buffalo Grove, IL Buffalo Grove beauty! 3BR/2BA Single Family House offered at $250,000 Year Built 1969 Sq Footage Unspecified Bedrooms 3 Bathrooms 2 full, 0 partial Floors 3 Parking Unspecified Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION Great deal in Buffalo Grove & it's not a Short Sale or Foreclosure! Beautiful, well cared for home w/newer roof, siding, furnace & A/C. Enjoy the big yard with many gardens, brick paver patio & fenced-in yard. Newer Pergo flooring & carpet. Great curb appeal and offers 2+ car garage. Fantastic location - close to schools, shopping, restaurants & more! A MUST SEE!! see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Family room - Dishwasher - Refriger...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
  Take Time to Help Today! I received this from a past client last night, and my initial reaction is always to delete chain emails as I thought this one was at first, but I continued to read on.  We never know what tomorrow is going to bring and in this case Densey Cole a Chicago police officer didn't know that he would never be able to walk again.  His fiance and him are entered in a contest to win the ultimate wedding.  I am sure the medical bills drained them of any budget they did have.  I spend so much time on a computer working I thought "What is a few extra minutes of my time to help a couple win their dream wedding, since it was taken away from them?" Please take the time out of your day and help a great cause. They are up to almost 15,000 votes.  Let's all come together to help...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Buffalo Grove - Long Grove Area School Information Buffalo Grove Schools- Everything you wanted to know if you are moving to Buffalo Grove When considering a move to a new community, it is very important to learn as much information about the area as you possibly can.  For those of you with children, or dreams of having children in the future, school information is extremely important.  The schools in Buffalo Grove have an excellent rating.  As a parent of 3 boys who have all attended the Buffalo Grove and Long Grove schools, I understand the pressure that sometimes comes about by trying to find just the right schools for your children. To help you evaluate and locate the Buffalo Grove schools, I have provided a set of general links which will help you find school report cards, demograp...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
In 2009 I made the decision to move my business from Re/Max to Coldwell Banker. The services and professionalism of Coldwell Banker was extremely appealing and it was time for me to make a change. With 25 years of experience, and team to back me up, I put all of my efforts into marketing and sales on my new venture with Coldwell Banker. I am happy to be able to share with my fellow realtors and friends my accomplishment for 2009 with Coldwell Banker in Buffalo Grove. Thanks to all of my past clients, friends and family, I was able to make a move and finish off as the #1 agent at Coldwell Banker in Buffalo Grove and the #3 Agent in the Northwest Region. It was an honor to receive this letter from Bruce Zipf. Letter From NRT of Coldwell Banker in Buffalo Grove! Dear Sharron: I am writing...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
The last quarter of 2009 was very good for us! We sold homes in the Woodlands Subdivision, 2301 Birchwood Lane, Green Knolls Subdivision www.1379greenknolls.com , Churchill Subdivision www.577Coventry.com , Mirielle Subdivision www.2390Chambourd.com , Canterbury Fields subdivision www.441Foxford.com , and We just sold one in Rolling Hills Subdivision of Buffalo Grove www.1923Sheridan.com which is set to close soon. Online Exposure Sells Your Home! Most people do not realize that in today’s real estate market, the first showing of your home is online. If the buyers like what they see online they will then schedule a showing of the home with a real estate agent. A point to mention here is that great photography is a must today and virtual tours that flow well. You need a good professional...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Buffalo Grove Foreclosures- February 2010   So do you want to buy a Buffalo Grove foreclosure or Buffalo Grove Bank Owned Property?   You have come to the right place!   I always like to shed a little humor in everything that I do. Click Here for a little levity on purchasing a Foreclosure property.  Its a very funny video! In case you have made the decision  to try to buy a  Buffalo Grove  home, ie a  bank owned property, I have the experience to make this transaction as easy as possible for you.   This is my favorite foreclosed home currently  on the market in Buffalo Grove.  This foreclosure  is located near Route 83 and Lake Cook and is in the District 102 school district. If you would like to see this property or any other bank foreclosures, please do not hesitate to call me at 847...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Buffalo Grove Park District is now presenting West Side Story!   I saw the Buffalo Grove Park Distict  performance of West Side Story last night and  it  was simply spectacular!  My niece Annie played the character Anita and I thought she did an awesome job.  Don't miss this wonderful performance!   The actresses and actors ranging from 6th graders to seniors in High School were all just magnificent.   The scenery was great, the dancing superb, the singing was amazing.  I think it was one of the best shows I have seen!   If  this review is convincing you to see the show...   you are in luck....there are still tickets available.   FRIDAY AND SATURDAY PERFORMANCESFebruary  27 and March 5 & 6 at 7:30 p.m.SUNDAY MATINEE PERFORMANCESFebruary 28 and March 7 at 2 p.m.All tickets are $10 in ad...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
www.501Arborgate.com We recently reduced the price of this great ranch home in Strathmore of Buffalo Grove. In this market it is very common to see homes come on the market as a Short Sale. We want to let you know how short sales benefit the Sellers, Buyers and the Lenders. We have found great information that was posted by Bankrate.com which explains the benefits for all parties involved. Here is a quote from the article: Short sale: Win-win-win situation! "The beauty of short sales is that they can be a win-win-win situation for seller, buyer and lender. Here's how: The seller gets out of the mortgage liability without facing bankruptcy. The buyer gets the home at a reduced price. The lender agrees to a loss it considers minimal without going through a foreclosure and being saddled w...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
I recently received a cash offer on a higher end property in Buffalo Grove, and through several weeks of negotiation the seller accepted this offer based on no financial contingencies. We even have an email from the selling agent stating what a great buyer this is as it is cash, no financing and there is value to that. We did get substantial earnest money as well. Of course I knew that the buyer was in fact getting a mortgage however this should not affect us and I was happy to meet the appraiser. Little did I know that during the attorney’s approval there was a Silent Contingency put in this contract that the house must appraise at purchase price? I contacted the selling agent and the response was, “Of Course we always put that in.” The lawyer for my client also stated that the buyer w...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
One of my recent Buffalo Grove home first time buyers had many questions after finding the perfect home.  They inspired me to write this post to  explain the next 8 steps of what happens from the time you sign the contract until closing!   Congratulations!   The sellers accepted your contract and  I am so excited  you have finally found the perfect home. Is my job over?     Just the opposite...     My job as your Realtor has just begun.    I will be with you each of the below 8 steps ... until you  sign the papers at closing and you walk away with the keys.   Remember, we are a team and I  will help you make the next few months  as stress free as possible.     1.  First  I will make certain both your attorney and lender receive a copy of  the contract.  If you don't have an attorney, I ...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
Top 10 Reasons to List with The Sharron Kelley Team! Listing With The Number 1 Agent at Coldwell Banker in Buffalo Grove 1. Education and Experience: We work as a team to get the your home sold. Our team consists of 3 full time agents and 2 administrative and marketing directors. 2. Neighborhood Knowledge: We provide you with realistic and up-to-date advice on the current market conditions. We have the knowledge and are able to properly price your property to sell quickly! 3. Negotiation Skills: We are confident that our team can get the highest sale price for your home. When you price your home to compete in today’s market, you know your bottom line will be met when you list yor home with our team. 4. Comprehensive Multi-Level Marketing Plan: Through agent tours, blast emails, newspape...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
Buffalo Grove Realtor If you are buying or selling real estate in Buffalo Grove, there are many excellent realtors to choose from.  Here are my tips to help you find the best one for you •1.     Choose a Buffalo Grove Realtor that best suits your personality! By sitting down face to face with a Buffalo Grove prospective real estate agent, you can really gauge how well the dynamic between the two of you works. It is incredibly important to choose a Buffalo Grove realtor who makes you feel exrtremely comfortable since you will be spending many of the next waking hours with this person.   To learn more about me we can either meet for coffee- I like Dunkin Donuts better than Starbucks, but I never refuse a good latte, we can chat over the phone, or you can read a few of my blog posts at www...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
The Market Data Report for Buffalo Grove Homes from RANWC shows as follows: 12 Homes were sold in January 2010 verses 6 Homes in 2009. The Medium sale price in January 2010 is $312,583 verses $351,067 in 2009 and is down 6.7%. The chart below shows the market statistics for detached homes and highlights the surrounding towns closest to Buffalo Grove. Is the Market Going to Turn Around in Lake County Illinois? The good news is that Hawthorn Woods, Vernon Hills, Kildeer, Libertyville , and Long Grove pricing has gone up in January. This is great news for everyone, I know it is early in the year, howeve we are seeing the market pick up and homes are selling. We just sold another home in the Buffalo Grove Rolling Hills subdivision www.1923Sheridan.com As 2010 continues we can look forward t...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
Yesterday morning I received this wonderful message from a past client on FaceBook: Sheri Kopp Bliss Zigmond Thank you for helping us sell our Lake Zurich home three years ago today! You helped us achieve the dream home we always wanted! Blessings to you! With all the difficult situations that we deal with everyday, it is so nice when someone sends a message out of the blue to let us know that what we do for a living is special and we do help others. It is truely a pleasure to have great clients, and people like Sheri remind me why I love working in real estate.
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
This  Beautiful home in Buffalo Grove  went under contract in less than 2 weeks!  1916 Beverly   is situated on a quiet street in the elegant  Rolling Hills Subdivision of Buffalo Grove.  The owners are very happy that their home sold very quickly!     In today's real estate climate it takes a lot more than planting a sign in the front yard.  Let me discuss 3 of my strategies in How to sell your home in less than 2 weeks! Pricing The Home Correctly! In my opinion, , timing and knowledge are the keys of selling your home quickly and for the highest possible price.   My goal is to educate the  Buffalo Grove sellers of the right price to list  their home.  Pricing your home correctly is the single most important factor in selling your home quickly.  As a full time Coldwell Banker real esta...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
Buffalo Grove, Long Grove, Palatine & Vernon Hills Real Estate: What You Need to Know About Short Sales! February 10, 2010 by Sharron · Leave a Comment (Edit) There are many questions today regarding the length of time it takes to get a short sale approved. Many of our clients in Buffalo Grove, Long Grove, Palatine and Vernon Hills are not aware as to how this will affect them even if they are not upside down in their homes. Please watch this video. It is a real eye opener for all of us. Here are some great questions to ask: What Does is Take to get a Loan Modification?   How Do Short Sales Affect the Current Housing Market?   This Information Below was provided to us by a fellow Cyber Star Member (Zac Pasmanick) Do you wonder sometimes why it can be so difficult for home owners to refi...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
As I look outside at my backyard covered with snow,  approximately 14 inches, I am starting to get the itch to get out on the golf course and hit my golf clubs.   Unfortunately, I'm looking at least two months plus until I can get onto a golf course here in the Chicago area. (First the snow needs to melt) If you are already tired of this Chicago winter and you want to play real Winter Golf, then pack your bags and take a plane to Palm Springs, California, Scottsdale, Arizona, Pinhurst North Carolina or somewhere else warm. If your budget or time does not allow for these travels, then I recommend that you at least improve your golf game by taking advantage of the wonderful Buffalo Grove Golf Dome. The Buffalo Golf Dome is located at 801 Mchenry Road, ½ mile west of Buffalo Grove Road and...
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By Judy Greenberg, Compass- Long Grove -Buffalo Grove
(Compass)
If you are getting ready to lease a home, townhouse or condo, read below so that you aren't a victim of the lessor's potential foreclosure This week alone, I have received 2 calls from lessees who need to uproot their family  from their current town home, since the home they are currently renting is going to be foreclosed on.   Imagine having dinner with your 3 and 6 year old and the sheriff comes to the door asking you for the taxes and/or the mortgage, or even better telling you that you have to move out today.    Unfortunately, this scenario happened to one of my clients in  Buffalo Grove, Illinois, an  affluent suburb of Chicago.   The lessees paid the rent on time, but their lessors never used the rent to pay their mortgage or taxes.   Since I do a lot of rentals in the area, my j...
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By Sharron Kelley, CRS, ABR,CDPE,CIAS
(Coldwell Banker-Buffalo Grove-Long Grove-Vernon Hills-Deer Park-Barrington-Mundelein)
For many years now my past clients have known me to give away gifts throughout the year to show my customer appreciation. I love this months gift because everyone needs a massage every once in a while and Massage Envy is a great place to go. You might be the winner of the Valentines Day give away if you log onto my website www.NorthernIllinoisHomes.com and register to win. Again I want to thank all of my past clients, friends and family for your support over the years. If it wasn't for all of you, I would not have topped off as the #1 Agent and Team at Coldwell Banker in Buffalo Grove and #3 in the Region in 2009. So please sign up and have a Very Happy Valentines Day! If you know anyone who is looking to Buy or Sell a home in Buffalo Grove, Long Grove, Vernon Hills or any Lake County ...
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