Explore Schaumburg, IL

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 6
There are many things that are happening in the Schaumburg Area Real Estate Market & some are very good. Showings have been impacted (graph is Illinois) but I wanted to show that not all real estate has stopped dead in its tracks. We have had many transactions already in the works & they have clo...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 4
Interest rates have come down today to a rock bottom low! They are trying to obviously stimulate the industry & get you off your couch to buy a home! If this isn't going to be it - I don't know what else could be.  But wait .... unlike a bad late-night infomercial, this news will definitely get y...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 6
 This is not the first time I've written about this but the time is coming near when you will either do your taxes or look forward to receiving a tax refund. What will you do with it? Did you ever think that it could springboard you into a new home?I'm the first one to agree that saving for anyth...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 5
 Now admittedly online reviews are a bit of a stacked deck and always should just be a starting point in your real estate hiring decision. What business person is going to reach out to the absolute worst client they've had in the last 5 years and ask for a review on Yelp or Zillow or whatever sit...

By Lyn Sims, Schaumburg 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 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 the market is flat, ...

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

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 2
Interest rates will be lower than they have been prior to 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of the year. Experts predict that the number of homes sold next year will be equal to or...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 4
Real estate is sure hard to predict so I simply won't do it! I'll tell you what I do know & what I've found out so you can make a decision for your family & needs. Different parts of the country experience the real estate market differently. Core Logic does predictions for the year on what larger...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 1
 Here's the things you will need to know if you are planning on selling in Schaumburg!  How is the market doing? Here's a few stats to give you an idea. What is the percentage of homes that are going under contract each month in Schaumburg?  17% of total homes listed in November.  This percentage...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 2
 Here's the things that you will need to know if you are planning on selling in Schaumburg. Here's a few stats to help give you an idea. What is the percentage of homes that are going under contract each month in Schaumburg?  14% of total homes listed in October.  This tells you if the market is ...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 4
There are alternatives to FHA Loans!I work with many terrific loan officers that offer my clients many helpful programs to get you into that new home. This is one of those great programs offering a conventional loan with 3% down.Saving enough funds for a down payment & closing costs is one of th...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 1
Real Estate Market Update in Schaumburg - September 2019 What are Prices Doing?  Average sales price ($341,500) a decrease of 6% from September 2018.  Remember that every Schaumburg subdivision is responding & recovering differently. That means "if and when" a home in the area goes on the market....

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 0
So is the Schaumburg Market up or down?More prospective home buyers across the country came out in August compared to the same time last year as U.S. showing traffic grew for the first time in 13 months, according to the latest ShowingTime Showing Index report. This tells us the buyer 'foot traf...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 1
 There have been total of 227 closed single family homes in Schaumburg up until June 2019. The most popular price range is between $250,000 to $300,000 which is very affordable for our area.Let's view some Schaumburg homes in the $250,000 to $300,000 range right now.  If you are thinking of selli...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 2
Let's have a talk about taxes in Schaumburg & Cook County.Here in the Schaumburg Area we are in a tax reassessment year. Just recently the 2nd installment of taxes have come out & half the state of Illinois is ready to move out & move along to a more tax friendly state.45,000 people in Illinois m...

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Comments 1
 How are those prices doing?Remember that every subdivision and town is responding differently if and 'when' a home in the area goes on the market. What about you? Thinking that now is the time to move? Prices increased slightly overall. Find out exactly where your home stands by calling me for a...

Schaumburg, IL Real Estate Professionals