Elgin, IL Real Estate News

By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
I have been reviewing the current foreclosures available in Elgin. For selected bank owned properties in Northern Illinois including Elgin, I am currently offering a buyers incentive of $1000 towards your closing costs. For more details and to see qualifying properties, follow this link. Or if you would like to search all listings, click here. ***************************************************************************** Contact Corinne Guest and Jonathan Guest, of Royal Property Investments LLC Licensed Realtors® in Illinois, 847-381-6328 for real estate services in Barrington Illinois and the northwestern suburbs. Our specialties are as follows: Jonathan  focuses on the selling side of residential homes, commercial real estate sales and leasing in Northern Illinois, and property manag...
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By Anita Sullivan
(RE/MAX Suburban)
Elgin Home Sales Average List Price and Sale Prices by subdivision in the Elgin area. Single Family HomesSearch Previous Sales Subdivision Sales Avg. List Avg. Sale Ratio Berner Estates 1 $529,900.00 $492,500.00 92.9 Big Timber Acres 1 $226,900.00 $207,000.00 91.2 Blackhawk 1 $236,900.00 $236,900.00 100 Bowes Bend 1 $425,000.00 $392,000.00 92.2 Catatoga 2 $357,400.00 $335,000.00 93.7 Century Oaks 1 $189,900.00 $180,000.00 94.8 Century Oaks West 2 $231,950.00 $222,500.00 95.9 Cobblers Crossing 5 $289,937.80 $281,030.00 96.9 College Green 4 $237,174.75 $227,875.00 96.1 Columbia Park 1 $194,900.00 $185,000.00 94.9 Country Aire 1 $260,000.00 $255,000.00 98.1 Country Brook 3 $227,600.00 $219,400.00 96.4 Country Brook North 1 $233,900.00 $225,000.00 96.2 Country Knolls 4 $233,700.00 $224,250...
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By Anita Sullivan
(RE/MAX Suburban)
Elgin Real Estate Learn about Elgin, IL Real Estate. Search for Elgin homes for sale or recent Elgin home sales using these real estate tools. Get complete access to all available homes for sale on the MLS in Elgin and the surrounding areas. We have hundreds of listings including condos, town homes, foreclosures, new homes, duplexes, and vacant land with photos. Refine your real estate search in Elgin, Illinois by price, number of bedrooms, bathrooms, property type (including townhouses, condos, and single-family homes), garage, architectual style, age of home and subdivision or complex. See average Elgin listing prices, Elgin sale prices and information for local school districts. With experienced, local Elgin real estate agents who know the area, we can help anyone find the home of t...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
     The table below lists all of the single family detached and single family attached homes currently on the market in Elgin, 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 $149,999 143 173 $150,000 - $199,999 330 160 $200,000 - $249,999 286 179 $250,000 - $299,999 191 181 $300,000...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
5 COMMON FIRST-TIME HOME BUYER MISTAKES that Lyn Sims at RE/MAX Suburban doesn't want her buyers to make!  Guiding her buyers with over 20 years experience, she can help you find the best home in the Northwest Suburban Chicago IL Market. 1.  They don't ask enough questions of their lender and end up missing out on the best deal. Lyn's Comments - All lenders do not carry the same financing. Some do not handle FHA loans or loans with more flexible qualifying ratios that a first-time home buyer might need in order to get into that first home.  I can point you in the right direction so you get the best financing for you.  You MUST be prequalified for a loan BEFORE you begin your home search.2.  They don't act quickly enough to make a decision and someone else buys the house. Lyn's Comments-...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
The table below lists all of the single family detached and single family attached homes currently on the market in Elgin, 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 $149,999 140 159 $150,000 - $199,999 317 161 $200,000 - $249,999 304 160 $250,000 - $299,999 175 173 $300,000 - $349,999 129 258 $350,000 - $399,999 95 251 $400,000 - $449,999 39 224 $450,000 - $499,999 48 232 $500,000 - $549,999 21 298 $550,000 - $599,999 10 293 $600,000 - $699,999 26 257 $700,000 - $799,999 10 220 $...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
   The table below lists all of the currently active single family detached and single family attached homes in  Elgin, IL. Data includes  high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 86 164 $150,000 - $199,999 278 158 $200,000 - $249,999 276 171 $250,000 - $299,999 143 179 $300,000 - $349,999 121 228 $350,000 - $399,999 97 232 $400,000 - $449,999 28 237 $450,000 - $499,999 34 257 $500,000 - $549,999 19 300 $550,000 - $599,999 13 322 $600,000 - $699,999 20 262 $700,000 - $799,999 10 212 $800,000 - $899,999 10 214 $900,000 - $999,999 5 313 $1,000,000 - $1,99...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Looking for a townhome, condo, quad in the Elgin area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are great and recently lowered despite all the media hype and is available to all with fairly decent credit.  In fact, I do still have 100% financing if that is your requirement!  SITTING ON THE FENCE HAS GOT TO HURT AFTER AWHILE!  LET ME HELP GET YOU IN THE GAME! These are the current market numbers and availability for Multi-family or attached homes in Elgin, IL.  The best selections are in the $150,000 to $199,900 range and we've got great larger executive styled homes for price ranges above that up to $489,000!  The median listing price for Elgin is $204,900 and the Average Market Time is 277 days.  Some "handyman sp...
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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 Chicago Northwest Suburban Market which includes the Elgin IL area.  SMART PEOPLE ARE BUYING REAL ESTATE NOW!  Sellers are hot to compete and make their home standout above their competition.  Sellers are flexible!  Lots of Inventory = Buyer Benefits  SO WHY NOT GET IN THE GAME?  This is a great time to get your first home, move to a smaller home or get that larger home of your dreams!  To some buyers 100% financing is still available with a decent credit score and history! Here is a chart of ACTIVE homes in Elgin with the MARKET TIMES posted as "Average Days on the Market".  There are currently 894 homes in various styles and types available with the Average Market Time of 203 days.  The median price is $263,700 and the highest price is ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
 The table below lists all of the currently active single family detached and single family attached homes in the Elgin, IL. The inform is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.  Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 84 154 $150,000 - $199,999 274 163 $200,000 - $249,999 273 169 $250,000 - $299,999 148 185 $300,000 - $349,999 122 234 $350,000 - $399,999 98 227 $400,000 - $449,999 41 281 $450,000 - $499,999 39 254 $500,000 - $549,999 17 248 $550,000 - $599,999 12 312 $600,000 - $699,999 18 238 $700,000 - $7...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
                    10 Things to Take the Trauma Out of Homebuying Find a real estate professional who's simpatico.  Homebuying is not only a big financial commitment, but also an emotional one.  It's critical that the practitioner you choose is both skilled and a good fit with your personality.  Lyn Sims has been in the business for over 20 years helping people with their dream home! Remember, there's no "right" time to buy, any more than there's a right time to sell.  If you find a home now, don't try to second-guess the interest rates or the housing market by waiting.  Changes don't usually occur fast enough to make that much difference in price, and a good home won't stay on the market long. Don't ask for too many opinions.  It's natural to want reassurance for such a big decision, ...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Looking for a townhome, condo, quad in the Elgin area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are stable and recently lowered despite all the media hype and is available to all with fairly decent credit.  In fact, I do still have 100% financing if that is your requirement!  These are the current market numbers and availability for Multi-family or attached homes in Elgin, IL.  The best selections are in the $150,000 to $200,000 range and we've got great larger executive styled homes for price ranges above that up to $489,000!  The median listing price for Elgin is $210,358 and the Average Market Time is 194 days.  Some "handyman specials" and "fixer uppers" are available for buyers trying to get "instant equity" in...
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By Greg Wilson
(1st Cornerstone Realty)
Are you buying, selling, or just curious about the real estate market? Check out my weekly market report on the local housing market. Don't make the mistake of not understanding market conditions when buying or selling a home. Take a look and the report for the current market and start understanding housing market in your area.
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
BUYING A HOME SOON? You want to find the best home or property for your needs and to make the wisest investment possible. Lyn Sims understands the importance of this major purchase to you and has the essential knowledge to ensure your buying experience is a smooth and successful one! Here's a dozen reasons why Lyn Sims can help: Determine your buying power and criteria. Research available properties in your market via many resources such as the Multiple Listing Service (MLS) and a broad network of REALTORS - even if you are locating to another city. WE HAVE ALL THE PROPERTIES LISTED FOR SALE IN ONE PLACE - THE MLS!  No need to go jumping around from site to site to find a home. (START MY SEARCH NOW) Show you properties that meet your specific criteria. Give you objective information abo...
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By Greg Wilson
(1st Cornerstone Realty)
Are you buying, selling, or just curious about the real estate market? Check out my weekly market report on the local housing market. Don't make the mistake of not understanding market conditions when buying or selling a home. Take a look and the report for the current market and start understanding housing market in your area.
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Looking for a townhome, condo, quad in the Elgin area?   This is a great time to get your first home, move to a smaller home, or move to a larger home.  Interest rates are stable and recently lowered despite all the media hype and is available to all with fairly decent credit.  In fact, I do still have 100% financing if that is your requirement!  These are the current market numbers and availability for Multi-family or attached homes in Elgin, IL.  The best selections are in the $150,000 to $200,000 range and we've got great larger executive styled homes for price ranges above that!  The median listing price for Elgin is $213,500.  Some "handyman specials" and "fixer uppers" are available for buyers trying to get "instant equity" in the market by doing the work themselves! Elgin is divi...
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By Mary Blanchard, Broker, CRS, E-PRO, ABR, ASP
(Mary Blanchard, Broker)
 Yesterday the REMAX hot air balloon was available for tethered rides at the Elgin townhomes at Elgin's River Park Place.  However after an hour, winds picked up and the rides had to be stopped in the interest of safety.  In lieu of the tethered rides, guests are invited to enter a drawing for a free ride for two on the balloon.  Agents, to register your clients this builder is making it easier than ever in honor of your relationship with your clients.  Simply visit http://www.ElginRiverParkPlace.com and print the client registration form -- complete and fax it to the number at the top of the form.  Do this even if your clients have yet to visit the properties as it will protect your relationship even if they visit without you! 
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
 The table below lists all of the currently active single family detached and single family attached homes in Elgin, IL. The information is broken into price ranges with average time on market for that range. Included are the high, low, median and average prices. For detailed information on a property type within a price range, including virtual tour when available, contact me with physical characteristic requirements.   Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 73 142 $150,000 - $199,999 284 144 $200,000 - $249,999 309 156 $250,000 - $299,999 158 185 $300,000 - $349,999 115 222 $350,000 - $399,999 100 209 $400,000 - $449,999 47 192 $450,000 - $499,999 37 185 $500,000 - $549,999 19 260 $550,000 - $599,999 18 267 $600,000 - $699,999 20 246 $700,000 -...
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By Mary Blanchard, Broker, CRS, E-PRO, ABR, ASP
(Mary Blanchard, Broker)
For those Remax agents (other agents too but it is a Remax balloon so not sure you would want to) who care to take advantage of this - invite your clients!  I am representing a builder in Elgin, IL who is opening up the model townhomes across the street from the Grand Victoria Casino and the river in the downtown Festival Park area.  On November 10th from 2:00-5:00 pm (weather permitting) the first 75 guests who tour the models can cross the street to the park with their ticket for a tethered ride in the world famous Remax hot air balloon.  For a virtual tour of these properties visit the Elgin River Park Place Townhomes! 
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By Greg Wilson
(1st Cornerstone Realty)
Area Market Survey CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Temp Off Market, Pending, Closed Property Type: Detached Single, Attached Single Area: Elgin Months Back: All Months Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 76 144 $150,000 - $199,999 293 138 $200,000 - $249,999 323 158 $250,000 - $299,999 165 198 $300,000 - $349,999 129 224 $350,000 - $399,999 107 208 $400,000 - $449,999 53 198 $450,000 - $499,999 43 185 $500,000 - $549,999 21 237 $550,000 - $599,999 20 239 $600,000 - $699,999 22 264 $700,000 - $799,999 8 165 $800,000 - $899,999 7 241 $900,000 - $999,999 3 416 $1,000,000 - $1,999,999 11 305 Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Pric...
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