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Streamwood, IL Real Estate News

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 Streamwood, 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 $149,999 145 199 $150,000 - $199,999 118 211 $200,000 - $249,999 58 217 $250,000 - $299,999 24 212 $300,000 - $349,999 11 171 $350,000 - $399,999 14 254 $400,000 - $449,999 2 345 $450,000 - $499,999 3 127 $500,000 - $549,999 3 175 $550,000 - $599,999 1 988 $700,000 - $799,999 1 292    Active Listings Summary # Unit...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
How to describe this market for Streamwood IL Homes?  Unbelievable! A now retired agent in my office used to say this to encompass every conceivable change or option and still stay positive!  I'm going to loudly reiterate that phrase to update you on recent Streamwood IL Home sales.Over the last 3 months, inventory for Streamwood IL Homes is down substantially from 12.4 to 7.1 then up again to 9.2 months.  Where did these homes go?  I think that sellers have taken their homes off the market and decided not to move or the sellers have become 'reluctant' landlords in order to continue with their future plans.  The problem is not solved, only postponed to a future date when the lease expires.Percentage of Listed Streamwood Homes that go under contract each month. July August Sept 6% 10% 8%...
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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 Streamwood, 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 $149,999 148 206   $150,000 - $199,999 124 209 $200,000 - $249,999 57 213 $250,000 - $299,999 24 204 $300,0   00 - $349,999 16 154 $350,000 - $399,999 14 179 $400,000 - $449,999 7 107 $450,000 - $499,999 3 225 $500,000 - $549,999 5 170 $550,000 - $599,999 1 949 $700,000 - $799,999 1 253    Active Listings Summary #...
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By Lyn Sims, Real Estate Broker Retired
Introducing m.lynsims.net! Now your real estate search and favorite properties can go wherever you and your phone go! (Click on 'The Who' and hear the original 'Goin' Mobile')  THE MAGNIFICIENT 7 FEATURES OF MY NEW MOBILE SEARCH ~~~  Search the full MLS anywhere anytime including access to property details. Registered members, like yourself, can see all available listings in the MLS. Access your saved searches and favorites from your mobile device. Unlike most mobile real estate searches on the market today, you can save your searches and your favorite properties. There is no learning curve. The mobile process is completely intuitive. You can search and save just like you do on your computer. My mobile search works with all types of phones that allow you to browse the internet, includin...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Looking for a home in the Streamwood IL area?   Check out what's available in Streamwood IL Homes now!  Interest rates are at a 40 year low (check on right) so why not take advantage?These are the current market numbers and availability for Streamwood IL Homes.  Lots of great home selections (218 total) with some below the $150,000 range and we've got great custom construction for price ranges above that!  The current average listing price for Streamwood IL Homes is $225,335.  Some 'handyman specials, foreclosures and fixer uppers' are available for buyers trying to get instant equity in the market by doing the work themselves!  Some start at just $79,900 so you better get movin'. To search for homes currently available in the Streamwood IL area, please go directly to the home search pa...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
This is the 'Months Supply of Inventory' for Streamwood IL Homes (single family only) from April 2007 to June 2010.This is also called the 'Conversion Rate' or how long and how much inventory is on the market in that particular town.  Obviously, the higher the rate, the longer the market time for homes in that community.Does your agent know the 'Conversion Rate' and will they share that information with you?  It shouldn't be kept a secret because it plays a pivotal role in how your home should be marketed.Looking to sell your home and work with an area expert?  Let's work out a strategy to get your Streamwood IL Home sold!  
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Listing your home soon?  Here's a couple of things you should know about 'Price'. There’s actually a few factors that are embroiled together – Price, condition, location.  Together all three will actually make your home either sell or be rejected by prospective buyers.Obviously in this market and the elevated inventory for Streamwood Homes you have to be ‘dead on’ with your homes price.  Too high and no one will take your home seriously and it will be passed over.  Too low?  Well that really doesn’t happen too often except in distress sales, foreclosures and the like.  A fair price – what a seller is willing to accept and a buyer is willing to pay.  That’s what we normally strive for!When an agent puts your home on the market, it has to be sold three times.The first sale is to my peers,...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Streamwood Townhome Market Snapshot - June 2010   The graph illustrates sales for Multi-family Streamwood Townhomes, Condos, Duplexes, Quads from January to June 2010.  With all the media hype about the tax credit, I would have expected better numbers.  What I see here is the standard increases that we see every year at this time.  But, one caveat is that I believe the tax credit was much more valuable to multi-family buyers.  In that segment I saw a surge for the deadline (June 30th) but again this could also because of the time of year.  Streamwood townhome foreclosures and 'better priced values' have been scooped up the fastest.  Short sales?  Well, they fell terribly 'short' for our area.  From working with my own buyers, short sales offer too many hassles and not enough price rewar...
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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 Streamwood, 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, Active Listings List Price Range # Listings Avg. Days on Mkt Less than $149,999 124 202 $150,000 - $199,999 129 191 $200,000 - $249,999 54 201 $250,000 - $299,999 40 178 $300,000 - $349,999 12 102 $350,000 - $399,999 13 211 $400,000 - $449,999 10 243 $450,000 - $499,999 4 174 $500,000 - $549,999 3 142 $550,000 - $599,999 2 535 $800,000 - $899,999 1 198    Active Listings Summary # Units Avg. MT Median List Price Avg. List Price Max. List Price Min. List Price Total Volume 392 195 $179,900 $201,325 $835,...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Ever wonder how many short sales are REALLY on the market? I know I have.  We hear in the media day in and day out about the short sale epidemic.  Short sale this, short sale that.  I decided to find out for you what is really going on.  So much hype but what is the real story?  How many? With Streamwood IL Homes that closed within the last 5 months there has been virtually a small percentage (18%) of homes going short sale.  But, unfortunately there is a large percentage of foreclosures which my graph will represent.  'Arms Length' transaction is a regular sale between a seller and buyer.So with Streamwood IL Homes we have seen nearly the same amount of foreclosures (40%) as regular transactions close (41%).  Very sad indeed but a happy beginning for the new owners.   If you are lookin...
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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 Streamwood IL homes.  Sellers are competing to make their home standout and enhance their marketability.  Prices have held between 4 to 6% from the listing price over the recent months. Here is a chart of the ACTIVE Single Family Streamwood IL homes by price range with the market times posted as 'average days on the market.' There currently are 191 single family homes available for sale with an average market time of 195 days.  The average list price is $242,462 and the highest listing price is $835,000.  The largest and best selection of Streamwood IL homes occurs in the $150,000 to $250,000 price range. The lowest price is $59,000 which would be considered a 'value price' at any time of the yea...
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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 includes the Streamwood 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 in Streamwood with the MARKET TIMES posted as 'average days on the market.' There currently are 195 single family homes available for sale with an average market time of 193 days.   The average list price is $239,599 and the highest listing price is $875,000.  The largest selection of homes occurs in the $150,000 to $250,000 price range. The lowest price is $90,000 which would be considered a 'value price' at any time of the year.  I always like to call these my...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Wildberry Townhome community located in Streamwood IL near Barrington and Bode Roads. Very popular area across the street from the Cook County Forest Preserve with wonderfully maintained walking, jogging and newly finished bike paths.  Built by Lexington Builders in 1988 introducing a new concept style in these homes. The area is comprised of private entry 2-story or ranch styled townhomes with a 1 car garage. View Wildberry -Streamwood IL in a larger map The association has an outdoor pool and clubhouse available for all homeowners.  Well manicured landscaping offers a walking/jogging path thru the subdivision. Wildberry is also in the popular Schaumburg School District 54 and 211. There are seven popular models in total all having a private entryway into the home and a private garage....
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Surrey Woods Townhomes Area summary for the Surrey Woods Townhome community in Streamwood IL near 59 and Bode Rds. Very popular area surrounded by the Cook County Forest Preserve with wonderfully maintained walking, jogging and bike paths.  Not to mention the great old oak trees in the area.  There is also a pond and play area that is maintained by the Streamwood Park District too.  The area is comprised of private entry 2-story styled townhomes with either a 1 or 2 car garage.  Some basements are available but rarely go on the market.  Square footage is approximately between 1100 to 1700 sq ft and prices between at square footage for your money here! 2BR 1.5BA Brimfield Model, 1 car garage.   2BR 1.5BA Cantebury Model, 1 car garage.2BR 2.5BA, Den, Ashford Model, 2 car garage.There have...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
YUMMMMM ....... Fundraiser at Lou Malnati's March 31st The Almost Home Foundation ARF team has cooked up a delicious fundraiser at Lou Malnati's on March 31, 2010! Just print out the attached flyer and have dinner at Lou's and a portion of the sale will benefit AHF animals. Dine-in, carryout or delivery at Lou's in Elk Grove Village, Schaumburg or Bloomingdale...as long as you mention the flyer when placing the order and present the flyer when paying, AHF animals benefit. Please make copies of the flyer & pass them on to your family and friends. Enjoy dinner out on March 31, 2010 and help the animals at the same time. Take me to their website to see all the cats & dogs available! This is where 'The Blog Dog' was adopted from BTW! Almost Home Foundation Fund Raiser 3/31/2010
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
RE/MAX is three times as effective as the next competing real estate company in Streamwood for 2009!  That's alot of real estate! Looking to get your home sold in this tougher market?  I'd love the get the job done! Looking to buy a home and want someone experienced to help you avert the potential potholes? Give me a call or email me so we can get started today! Streamwood IL Market Share 2009
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Streamwood 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 Streamwood real estate statistics for the last 12 months as of February 19, 2010.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 Streamwood, 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 Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Streamwood 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 Streamwood real estate statistics for the last 12 months as of January 22, 2010.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 Streamwood, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=findahome.asp&p...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Assessment Notices Mailed to Hanover Township Taxpayers First-Ever Downward Market Adjustment Lowers Assessments of Hanover Township Homes; All Hanover Township Taxpayers Being Notified of Changes in Levels of AssessmentChicago – January 19, 2009 – Cook County Assessor Jim Houlihan announced today that residential property owners in Hanover Township were mailed notices reflecting a reduction in the assessed values of their properties. The impact of these reductions will be seen in second-installment tax bills payable in the fall of 2010."The situation we are facing in the real estate market is extraordinary, and the downturn has had an impact on home values," Houlihan explained. "After analysis of market sales and foreclosure data, we determined that Hanover Township homeowners should n...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Streamwood Illinois Median Home Prices The graph displayed below is the median home prices in Streamwood 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 May 2009, you can see that the median priced home was $165,250 and then rebounded for October 2009 with a price of $185,000. 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 prices do...
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