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Streamwood, IL Real Estate News

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 4, 2009.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&pa...
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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 26, 2009.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&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 Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Overview of the Streamwood 2008 Housing Market Currently the local real estate market may be your 'best opportunity' market in years!  Are you ready to take advantage of it? Mortgage interest rates are low and prices in Northwest Suburban Illinois are still holding fairly well, generally area prices are flat.  NOT EVERYWHERE IN EVERY NEIGHBORHOOD ARE PRICES FALLING.   That's why I'm saying the real estate market is local - it even makes a difference from subdivision to subdivision in every single town!  But, over time and the long haul, no investment comes close to real estate so now is a great time to buy, sell or invest. So again, 'All real estate is local'.  What's happening in your local market is all that matters.  You actually have to ask a great local REALTOR, like Lyn Sims at R...
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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. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson
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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 14, 2009.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&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. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson  
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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 5, 2009.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&pag...
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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 December 26, 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=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 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 December 17, 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=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 Bob Brandt, Re/Max Realtor-30+ years experience
(Re/Max Suburban)
QUESTIONS AND ANSWERS ON THE STREAMLINED MODIFICATION PROGRAM Q: What is a modification? A: A modification is a change to the original mortgage terms. It may include a change to the product (an ARM to a fixed rate mortgage), interest rate, amortization term and maturity date, and/or unpaid principal balance. The change/s is made to create a more affordable payment for the borrower. Q: What is a streamlined modification? A: A streamlined modification is a modification that requires less documentation and less processing. In this case, the streamlined modification seeks to create a monthly mortgage payment that is sustainable for troubled borrowers by targeting a benchmark ratio of housing payment to monthly gross household income. Q: What is the benchmark ratio? A: This is the first tim...
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
WHAT IS A HOME WARRANTY AND HOW DOES IT WORK? WHAT WILL IT DO FOR ME AS A BUYER? A home warranty can give a purchaser peace of mind.  If anything catastrophic happens in the house, you are only financially liable for the deductible.  So if the furnace goes out one evening and you just can't get it going (as long as it is maintained and not abused) you would call the warranty company and they would send out a technician to fix/repair/replace the furnace depending on the problem.  So yes, if the furnace did indeed blow up (heat exchanger) you would get a new furnace of comparable quality.  You cannot choose the technician or company involved but for years my clients have used these warranties with no problems.  You just have to give up a little control with that extra peace of mind. What...
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By Bob Brandt, Re/Max Realtor-30+ years experience
(Re/Max Suburban)
Market Statistics CriteriaStatus: Active, Back on Market, Contingent, New, Price Change, Re-activated, Pending, Closed   Area: Streamwood   Property Type: Detached Single, Attached Single   Months Back: 12 Months     Active Listings   Detached Single Bedrooms # Active Avg. LP Avg. MT All 277 $244,267 193 2 or Less 3 $183,233 177 3 185 $211,670 187 4 72 $310,182 212 5 or More 17 $330,600 188   Attached Single Bedrooms # Active Avg. LP Avg. MT All 199 $194,559 194 None 1 $87,900 340 2 or Less 107 $166,589 172 3 89 $230,219 220 4 2 $157,400 110   Off-Market Listings   Detached Single Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold) Avg LP (Unsold) % Expd All 213 97% $240,697 $230,896 96% 150 $213,933 0% 2 or Less 5 100% $179,610 $170,200 95% 171   0% 3 130 96% $209,05...
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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. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson
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By Lyn Sims and the Blog Dog
(Streamwood, Elgin IL Real Estate - RE/MAX Suburban)
Looking for Zero down, Low down or 100% financing in the Streamwood IL area? Zero down or 100% financing loans still exist in the Streamwood area.  Most people will say it is not out there, but rest assured it is!  You have just to know where to find it and how to make it work. More and more homes are now being financed FHA.  There are many great features of an FHA loan, but one of the most important is the flexibility of the 3.5% down payment.  It can come from many sources as long as it is documented and structured properly. Many Down Payment Assistance (DPA) programs have been instituted and approved by FHA to help borrowers achieve their home ownership dream.  You may have heard that FHA DPA programs are no longer allowed.  This is only partly true.  'Seller Funded' DPA programs li...
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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. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson
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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. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson
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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 November 19, 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=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 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. If you need someone to help you find the perfect property, please call me at (630) 707-4734. I am more than happy to help. Greg Wilson     Greg Wilson | 1st Cornerstone Realty | greg.wilson@1stcornerstonerealty.com | (630) 707-4734 1446 Freeland Avenue, Calumet City, IL Totally remodeled. Above ground pool and fence. Bring all offers! 3BR/1BA Single Family House offered at $122,900 Year Built 1956 Sq Footage 1,010 Bedrooms 3 Bathrooms 1 full, 0 partial Floors 1 P...
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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 November 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=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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