Schaumburg, IL Real Estate News

By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
I have a lot of buyers ask me "What is a coach home or a manor home anyway"?  It all started with Lexington Builders on the eastern edge of Schaumburg somewhere 30 years ago.  A 'Coach Home' is simply a different name for a "quad" or group of 4 homes put together.  In the coach home layout there are 2 homes on the 1st floor and 2 homes on the 2nd floor.  Then 2 of these groups of 4 are put together for a total of 8 and 'voila' the coach home!  Some other builders in the area also spun the name 'Manor Home' but it is the same concept. (Building Plan below).Lexington Green is a large coach home community located off Meacham Road just south of Schaumburg Road on both the east & west sides of the street.  The community does offer a pool and clubhouse for the residents and exterior maintenan...
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There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the Schaumburg IL area.  Sellers are hot to compete and make their home standout above their competition.  This is a great time to get your first home or move to a smaller home.  Prices have held from 4 to 5% of listing price over the last few months.  This is a great time of year to get a great deal - why not get started now? Here is a chart of ACTIVE Multi-family Homes in Schaumburg with the MARKET TIMES posted as "Average Days on the Market".  There are currently 349 homes in various styles and types available with the Average Market Time of 138 days.  The median price is $204,900.  The lowest price is $94,900 and the highest price is a whopping $729,900.  Best price selection is in the ...
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By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
Recognized as the largest center of economic development in the State of Illinois (outside the City of Chicago), without question, Schaumburg is the 'place for business'.  More than 12.1 million sq feet of office space accommodating a number of corporate headquarters. Schaumburg also contains 13,250,000 sq ft of industrial space, occupying over 1,600 acres of land. Parks and Recreation - The Schaumburg Park District maintains more than 1,000 acres of landscaped parks including Spring Valley Nature Sanctuary, a prairie wild life preserve and an indoor and outdoor museum.  The Park District also operates four community recreation centers, including the Water Works Oasis, a spectacular indoor pool facility.  Golf courses, racquetball courts, summer boat rentals, indoor sports complex, and ...
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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 Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Schaumburg 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 Schaumburg real estate statistics for the last 12 months as of January 10, 2008.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=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Schaumburg, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&pag...
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By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
TIPS FOR FIRST TIME HOME BUYERS - If you are currently in the market for your first home, you probably have lots of questions. You are about to be making an important decision for your future, a great investment of both money and time. I have a wealth of experience helping first time buyers like you make sound, informed decisions. Here are some tips that can help make your home buying process successful:  Tip #1:  Do Your HomeworkThe perfect home won't find you by itself. The key step in buying a home is doing the proper research. Educate yourself on local schools, neighborhoods, and the kinds of homes available. By visiting my website and reviewing properties, you can start to put together your idea of the perfect home.   Tip #2:  Start PlanningMost decisions benefit greatly from prope...
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By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
MERIBEL is a great townhome community located near the intersections of Barrington and Schaumburg Roads North of the Home Depot Center.  Meribel is comprised of 2-story styled townhomes each with a private entryway and one car garage.  Features and upgrades could include:  9 foot volume ceilings on 1st floor, hardwood floors, lofts, upgraded cabinetry, skylites, vaulted Master Bedroom.  ALL HOMES IN MERIBEL HAVE 2.5 BATHS.Meribel has only 2 models for sale - Savoy Models are 2BR 2.5 Baths.  Normandy Models are always end units and are 2BR, Loft, 2.5 Baths.   If you are looking to sell your Meribel Townhome or thinking of purchasing a townhome in Meribel or another great area, pleae contact Lyn.Sims@yahoo.com OR begin your HOME SEARCH HERE. LYN SIMS at RE/MAX Suburban (847)230-7324 30+ e...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Schaumburg 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 Schaumburg real estate statistics for the last 12 months as of January 3, 2008.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=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Schaumburg, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&page...
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By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
 BRIAR POINTE TOWNHOME SALES IN SCHAUMBURG - Built in 1996/1997 and located near Springinsguth and Irving Park Rds.  Briar Pointe is surrounded by open areas, parks and nature sanctuaries.  Popular area with the current residents because of it's close proximity to the Schaumburg Train Station (Miwaukee West) and the Alexian Field Minor League Baseball Stadium.  Short drive to access the 390 Elgin-O'Hare and then connection to 355 North/South and into Chicago.   There are 6 models to choose from with great options available:  fireplaces, skylites, hardwood floors, 6 panel doors, stained doors and woodwork, vaulted Master Bedrooms, 2nd floor Utility Rooms.  One of the great features that Briar Pointe has over older townhome subdivisions is the multiple baths.  Private entry way in each to...
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NEW HOMES FOR SALE IN SCHAUMBURG and HOFFMAN ESTATES, IL   December 2007 This is a listing of the new construction and/or teardowns available in the Schaumburg and Hoffman Estates areas of the Chicago Northwestern Suburbs of IL.  Prices range from $350,000 (base price without upgrades) to $1,250,000 for custom construction.  Median List Price is $471,495 for the area. If you are looking to find or sell a home in the Schaumburg IL area, please feel free to contact Lyn Sims of Re/Max Suburban at 847-230-7324 or 800-637-9345 Outside IL.  She has specialize in the neighboring areas for over 20+ years and can provide you with any information that you might need. Home search website for the latest on the market:  www.LynSims.net Status: Active, Back on Market, New, Price Change, Re-activated ...
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By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
LOOKING FOR A HOME IN SCHAUMBURG?  There is a large amount of inventory thruout the Chicago NW suburbs which include the Schaumburg Area.  Sellers are competing to make their home standout and enhance their marketability.  Prices have held between 3 to 4% from the listing price over the last few months and as expected the market was slower during the holidays.  Here is the chart of ACTIVE Single Family Homes Available in Schaumburg with the MARKET TIMES posted as "average days on the market". There currently is 198 single family homes for sale with an average market time of 178 days.  The median list price is $349,985 and the highest listing price is $1,250,000. Status: Active, New, Price Change, Re-activated   Property Type: Detached Single   Area: Schaumburg         Active Listings Li...
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Sales summary about the Glens of Schaumburg Manor homes/Coach homes in Schaumburg IL area.The Glens is a popular area with commuters because it is close to the Schaumburg Train Station (Metra Milwaukee West) which you can walk (if your athletic) or a short drive away.  The complex was built in 1986 and at the time offered very contemporary floor plans with 9 ft ceilings and sunken livingrooms on the 1st floor units and vaulted ceilings in all the main rooms on 2nd floor units.  All homes offer an eat-in style Kitchen and a formal Diningroom area.  2nd floor homes have balconies that are private from the neighbors and patios are provided for the 1st floor homes. Not sure what a Coach Home or Manor Home is?  It's a group of 4 units together in one building, 2 located on the 2nd floor and ...
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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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There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the Schaumburg IL area.  Sellers are hot to compete and make their home standout above their competition.  This is a great time to get your first home or move to a smaller home.  Prices have held from 4 to 5% of listing price over the last few months.Here is a chart of ACTIVE Multi-family Homes in Schaumburg with the MARKET TIMES posted as "Average Days on the Market". There are currently 356 homes in various styles and types available with the Average Market Time of 140 days.  The median price is $200,000 and the highest price is a whopping $729,900.  Lyn Sims RE/MAX Suburban            Status: Active          Property Type: Attached Single   Area: Schaumburg                         Months...
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By Lyn Sims, Schaumburg Real Estate
(RE/MAX Suburban)
There is plenty of inventory thruout the Chicago Northwestern suburbs which includes the Schaumburg Area.  Sellers are competing to make their home standout and enhance their marketability.  Prices have held between 3 to 4% from the listing price over the last few months. Here is the chart of ACTIVE Single Family Prices in Schaumburg with the MARKET TIMES posted as "average days on the market".There currently is 198 single family homes for sale with an average market time of 172 days.  The median list price is $349,000 and the highest listing price is $1,250,000.  Area Market Survey Criteria            Status: Active          Property Type: Detached Single   Area: Schaumburg   Months Back: All Months      Active Listings List Price Range # Listings Avg. Days on Mkt $200,000 - $249,999 5...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Schaumburg 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 Schaumburg real estate statistics for the last 12 months as of December 19, 2007.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=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Schaumburg, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&pa...
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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 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 Schaumburg, 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 43 138 $150,000 - $199,999 143 137 $200,000 - $249,999 128 113 $250,000 - $299,999 68 156 $300,000 - $349,999 70 174 $350,000 - $399,999 33 138 $400,000 - $449,999 28 170 $450,000 - $499,999 12 176 $500,000 - $549,999 7 107 $550,000 - $599,999 9 187 $600,000 - $699,999 10 128 $700,000 - ...
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Why Choose Lyn Sims to list your home?                           You can feel confident that whether it's pricing your home, qualifying the purchaser, negotiating a contract, lining up financing, coordinating the closing, displaying the latest advertising techniques or just explaining the entire process ... you can always rely on her ability to guide you thru the whole process! Above all, you'll know she has the confidence and the experience to get the job done!  You can be secure in the knowledge that she comes highly recommended with testimonials Referrals Experience Relocation Services Your market advantage using the newest Advertising Techniques including video tours You can be assured of her Dedication and Commitment always being a "full time" agent Proven Results Integrity Profess...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Schaumburg 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 Schaumburg real estate statistics for the last 12 months as of December 12, 2007.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=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Schaumburg, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&pa...
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