hoffman estates il real estate: Hoffman Estates IL Average Home Prices - 01/09/14 02:25 PM
This interactive graph gives the monthly average sales prices from January 2010 to December 2013 for Hoffman Estates IL single family homes only. For this year of 2013 Hoffman Estates homeowners have seen an increase in average sales prices from $233,000 to $263,000.  
These numbers are averages for all sales and if you are looking for specific information regarding the pricing of your home currently, please call us for a no obligation market evaluation and consultation.

Hoffman Estates Townhomes/Condos Graph
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hoffman estates il real estate: Hoffman Estates IL Real Estate - How's the market in the 3rd quarter? - 10/09/13 09:58 AM
What's happening this quarter?  Glad you're here because people are always asking me “How many homes are selling?" How well we are seeing improvement seems to make a difference in what area or subdivision you live in.  It’s really not an evasive answer, it's an accurate one.  Each area and subdivision is totally different!  Here’s what I can tell you about the overall Hoffman Estates market –
Single Family Homes -  Hoffman Estates averages 43 home sales a month.  Inventory is still down substantially.  The percentage of homes going under contract each month is 22 to 27%. Average Sold Price was $277,000 for the … (3 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - Is cash really king? - 09/28/13 05:52 PM
Cash is king again?
Conventional financing has officially taken back the crown for financing types in Hoffman Estates so far this year. I was poised to write about how cash has taken over the market from a national survey but was surprised to find that is not the case in Hoffman Estates!  
Still have to wonder where all these folks are getting their cash to purchase these homes. Investors are obviously working with it so they can purchase those sub-level properties that will not be able to be financed because of condition.
We will see by the end of the … (8 comments)

hoffman estates il real estate: Hoffman Estates IL Homes - Is the market really improving? - 07/18/13 10:40 AM
People always ask me “How many homes are selling?  Is the market getting better?" Well that seems to make a difference is what area or subdivision you live in.  It’s really not an evasive answer.  Each area and subdivision is totally different!  Here’s what I can tell you about the overall Hoffman Estates market –
Single Family Homes -  Hoffman Estates averages 58 home sales a month.  Inventory is down substantially.  The percentage of homes going under contract each month is 26 to 32%. Average Sold Price was $265,000 for the 2nd quarter of 2013.
Multi-Family Homes - Hoffman Estates averages 34 sales … (2 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - What's available for sale? - 05/22/13 02:03 PM
People always ask me “Lyn, how many homes are selling?”   Well that seems to make a difference is what area or subdivision you live in.  It’s really not an evasive answer.  Each area and subdivision is totally different! 
Here’s what I can tell you about the overall Hoffman Estates market –

Single Family Homes -  Hoffman Estates averages 30 home sales a month.  Inventory is down substantially from previous years.  The percentage of homes going under contract each month is 12 to 31%. Average Sold Price was $232,226 for the 1st quarter of 2013.

Multi-Family Homes - Hoffman … (0 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate Recap for 2012 - 02/01/13 10:58 AM
Hoffman Estates IL Real Estate - Virtual Market Presentation for 2012
So how did the Hoffman Estates Real Estate Market fare last year?  My presentation gives lots of interesting facts in regard to your Hoffman Estates Home.
My visually fun and educational objective was to tell you:
How many homes sold in 2012? What was the average sales price? How long does it take to sell? What type of financing do buyers use? Are there many foreclosures?  
 
A few market anomalies that I've seen from doing this report:
For Hoffman Estates homes the best time to sell was in June & November. Hoffman Estates townhomes … (4 comments)

hoffman estates il real estate: Parcel C Homes in Hoffman Estates - Search what's available for sale! - 01/05/13 11:17 AM
Parcel C in Hoffman Estates is the subdivision N of Schaumburg Rd., E of Salem and S of Bode.  Mainly built in 1959 to 1960 and contained mostly ranches at the time with some scattering of split levels.  Basements are a rarity in this area but with additions that have been put on in the recent years, there can be some good square footage in some homes. Either 1 or 2 car garages are predominate.
Search Parcel C homes to see what is currently available for sale.

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hoffman estates il real estate: 410 Morton St, Hoffman Estates IL 60169 - 01/04/13 03:34 PM
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hoffman estates il real estate: Hoffman Estates Foreclosures - Search what's available here - 12/17/12 03:17 PM
Hoffman Estates Foreclosures Search for available foreclosed homes for sale in Hoffman Estates. This includes 'REO' which is bank 'real estate owned' listings. Get a great value on Hoffman Estates properties in all kinds of condition, prices, space, and styles. Get a leg up on a beneficial equity position in the future. Hoffman Estates is known as a solid community with great infrastructure, amenities, shopping advantages and a great school system.Search here for:Hoffman Estates Home ForeclosuresHoffman Estates HomesHoffman Estates Condo/Townhome ForeclosuresHoffman Estates Condos/TownhomesHoffman Estates Village Overview60169 Demographics60194 DemographicsSchool District 54 InfoHoffman Estates Park DistrictOnce you have found a Hoffman Estates home that you are interested … (0 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - What's the housing market doing? - 12/11/12 10:30 AM
Hoffman Estates IL Real Estate - Housing Market for November 2012 Looking for current and concise market information for Hoffman Estates Homes? You've come to the right place and I've actually been seeing a distinct and progressive improvement.  Interest rates have gone even lower with affordability continuing to be the best it's ever been.Let's talk about a few key market facets here - the months supply of inventory for Hoffman Estates Homes has been steadily decreasing. We have 21% less in housing inventory then we did a year ago.  With too many competing homes on the market, listing prices are forced downward which is what we … (2 comments)

hoffman estates il real estate: Hoffman Estates IL - What's happening with the housing market? - 11/23/12 07:21 AM
Hoffman Estates IL Homes - Hoffman Estates IL Real Estate - Housing Market for October 2012 Looking for current and concise market information for Hoffman Estates IL Homes?  You've come to the right place and I've actually been seeing a distinct improvement for the last 18 months.  Interest rates have never been lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Hoffman Estates IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 58% less in housing inventory then we did a year … (2 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - Market Improvements August 2012 - 09/17/12 06:22 AM
Hoffman Estates IL Homes - Hoffman Estates IL Real Estate - Housing Market for August 2012 Looking for current and concise market information for Hoffman Estates IL Homes? You've come to the right place and I've actually been seeing a distinct improvement for the last 15 months.  Interest rates have never been lower with affordability continuing to be the best it's ever been.Let's talk about a few different market facets here - the months supply of inventory for Hoffman Estates IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 20% less in housing inventory then we did a year … (3 comments)

hoffman estates il real estate: Schaumburg Area Mortgage Resource Fair - August 11, 2012 - 08/09/12 10:42 AM
Homeowners Mortgage Resource Fair - August 11th, 2012   9:00 am to 1:00 pm Community Recreation Center 505 N. Springinsguth Rd. Schaumburg IL  60194 Are you at risk of foreclosure? Do you know someone who is behind on their mortgage payments? Housing counselors from the IL Attorney General's Office will be available to meet one-on-one to assist homeowners in need and provide important information about preventing foreclosure and avoiding foreclosure rescue scams. Mortgage lenders will be available to meet with homeowners and provide information on obtaining loan modifications.
Please bring basic information with you such as: 1) your mortgage payment … (0 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - Market Improvement for May 2012 - 06/13/12 08:38 AM
Hoffman Estates IL Real Estate - Housing Report for May 2012 How to describe the current market for Hoffman Estates IL Homes?   We have actually been seeing a distinct improvement for the last 12 months.  Interest rates have never been lower with affordability being the best it's ever been.   The months supply of inventory for Hoffman Estates IL Homes has been steadily decreasing and has actually kept our recovery on an even keel. We have 19% less in housing inventory then we did a year ago.  Too many homes on the market makes it more competitive and prices are forced downward.   … (0 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - Market Update March 2012 - 04/18/12 02:17 PM
Hoffman Estates IL Real Estate Market Update - March 2012 Interest rates are low and housing affordability has been the best in decades and yes, the Hoffman Estates market is getting better! How much, where and all the particulars is what I'll be telling you here in this report! 
The graphs below show that sales have been up for most towns in our area in both housing types.  Just within my office our showing appointments have increased a whopping 60% in March.
Another good indication that our market is improving is the number of homes that go under contract each month. Currently … (1 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - Search for homes here! - 03/02/12 01:44 PM
Hoffman Estates IL Home Search - Find your new home right here!
There are many great Hoffman Estates selections to choose from as the map shows!  Easily see how many homes are in your type - either Single Family or Townhomes (includes condos).

Need a buyers agent?
Are you pre-qualified by a lender?


Home Search by Hoffman Estates Subdivisions


Homes in Hoffman EstatesMore Hoffman Estates homes for saleGet this widget … (0 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - What have home prices done? - 02/24/12 02:27 PM
There's been much talk (chatter by the national talking heads) in the media about our Northwest Suburban and Hoffman Estates home values returning to a previous level. I read these reports constantly, day in and day out and wonder to myself 'How do they know this stuff when I don't even know it!'Real estate is unique in that it is very local in nature. In fact, real estate is so unique it can even be broken down further to say that neighborhoods even in the same town will been effected differently. What happens in one subdivision doesn't necessary happen in another. … (14 comments)

hoffman estates il real estate: Hoffman Estates IL Homes - What's on the market? - 02/24/12 11:40 AM
Looking for a home in the Hoffman Estates IL area?   Check out what's available in Hoffman Estates IL Homes now!These are the current market numbers and availability for Hoffman Estates IL Homes.  Lots of great home selections (142 total) with some below the $150,000 range and we've got great custom construction for price ranges above that! 
Best selection is between $150,000 to $250,000. The current average listing price for Hoffman Estates Homes is $295,000.  Some 'handyman specials, foreclosures and fixer uppers' are available for buyers trying to get instant equity in the market by doing the work themselves!  If you consider … (0 comments)

hoffman estates il real estate: Hoffman Estates IL Real Estate - 720 Morton St. $184,900 - 02/14/12 06:07 PM

powered by CirclePix.com … (3 comments)

hoffman estates il real estate: Hoffman Estates IL Homes - The Mistake Many Sellers Make Relisting In The Spring - 02/03/12 05:36 PM
It's that time of the year again for the 'SPRING MARKET'. Sellers always seem more optimistic about listing their homes at this time of the year but will it really make a difference? What are the chances of their home selling?
It's not only the time of the year that makes a home sell or not sell as this post suggests. Trying the same thing over & over again hoping for a different result is just 'real estate madness'.
Maybe it was you - not the market?
Thanks to Sharon Tara for this great post.  I have featured her many times … (5 comments)

 
Lyn Sims, Schaumburg Homes (RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago) Rainmaker large

Lyn Sims

Schaumburg Homes

Schaumburg, IL

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RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago

Address: 2313 W. Schaumburg Road, Schaumburg, IL, 60194

Office: (847) 230-7324

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Lyn's blog gives market comments, updates and real estate news about the surrounding communities in the Chicago Northwest Suburbs near Schaumburg IL.



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