Hoffman Estates, IL Real Estate News

Common Closing Costs for Buyers - Lyn Sims (847)230-7324 RE/MAX Suburban You'll likely be responsible for a variety of fees and expenses that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. The title company conducting the closing will tell you the required amount for: Down payment Loan origination Points, or loan discount fees, which you pay to receive a lower interest rate Appraisal Credit report Private mortgage insurance premium Insurance escrow for homeowner's insurance, if being paid as part of your mortgage payment Property tax escrow - Lenders keep funds for taxes and insurance in escrow accounts when they are paid with your mortgage. Then when your taxes/insurance come due, your lender pays the ...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Hoffman Estates 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 Hoffman Estates real estate statistics for the last 12 months as of April 14, 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 Hoffman Estates, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=find...
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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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Northwest Suburban Chicago Real Estate - New Construction, Proposed Construction, Tear-downs, etc. This is a listing of the new construction and/or teardowns available in the Schaumburg & Hoffman Estates areas.  Prices range from $350,000 (base price without upgrades) to $2,495,000 for proposed custom construction.  Median List Price is $679,000 and the average days on the market shouldn't concern you as some of these listing dates are the "proposed construction start dates" including building times.   Some new Hoffman Estates communities offer over 55+ living with no exterior maintenance. Some ranches are available as well as some well-sized 2story models. 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...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Hoffman Estates 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 Hoffman Estates real estate statistics for the last 12 months as of April 4, 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 Hoffman Estates, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=finda...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Hoffman Estates 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 Hoffman Estates real estate statistics for the last 12 months as of March 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=activeIf you would like a free list of homes for sale in this area/neighborhood or would like more information about Hoffman Estates, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=find...
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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, Schaumburg Real Estate Agent Retired
Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it's not revolutionary, but some potential customers might find it reassuring.Remember this is a place to live not a stock market investment, they say. Lenders want buyers to spend no more than 28 percent of their gross monthly income on mortgage payments, real estate taxes, and home insurance. Buyers shouldn't count on stretching further because lenders won't approve their loans.Cash is king.  Having enough money in the bank to pay closing costs that are typically an additional 2 percent to 3 percent of the price of the home is necessary.Location, Location, Location. ...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Hoffman Estates 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 Hoffman Estates real estate statistics for the last 12 months as of March 18, 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 Hoffman Estates, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=find...
Comments 0
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.
Comments 0
By Linda Dressler Schaumburg, ~ Hoffman Estates ~ Helping from the Heart!
(The Prairie Path Realty Company, P.C.)
I have officially been a licensed Realtor now for roughly a year. I am truly fortunate to be working with the team of people at my company. They are more then happy to lend a helping hand, to teach me the ropes and to support me when it is needed. Even so, at times I can still find things a bit overwhelming. I never knew how much was truly involved in the transition of property from one party to another. The numerous details are absolutely mind boggling! This journey has proven to be one that keeps me challenged, growing as I continue to learn something new around each and ever corner. Luckily, it is a profession filled with very knowledgeable people that don't mind sharing procedures and ideas that have worked for them so this gal doesn't have to reinvent the wheel so to speak! Couldn'...
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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  Hoffman Estates, IL. Data includes  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 80 154 $150,000 - $199,999 46 136 $200,000 - $249,999 30 134 $250,000 - $299,999 78 167 $300,000 - $349,999 64 160 $350,000 - $399,999 39 145 $400,000 - $449,999 24 195 $450,000 - $499,999 25 154 $500,000 - $549,999 13 164 $550,000 - $599,999 6 149 $600,000 - $699,999 4 364 $700,000 - $799,999 3 88    Active Listings Summary # Units Avg. MT Median List Price Avg. Lis...
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By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Hoffman Estates 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 Hoffman Estates real estate statistics for the last 12 months as of March 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 Hoffman Estates, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=find...
Comments 0
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.
Comments 0
By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Hoffman Estates 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 Hoffman Estates real estate statistics for the last 12 months as of February 29, 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 Hoffman Estates, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=f...
Comments 0
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.
Comments 0
By Lyn Sims, Schaumburg Real Estate Agent Retired
You'll likely be responsible for a variety of fees and expenses (closing costs) that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. The title company conducting the closing will tell you the required amount for: Down payment Loan origination Points, or loan discount fees, which you pay to receive a lower interest rate Appraisal Credit report Private mortgage insurance premium Insurance escrow for homeowner's insurance, if being paid as part of your mortgage payment Property tax escrow - Lenders keep funds for taxes and insurance in escrow accounts when they are paid with your mortgage. Then when your taxes/insurance come due, your lender pays the insurance or taxes for you. The normal is usually 3-4 mon...
Comments 0
By Dennis Toomey, Buying or Selling Talk TOoMEy!
(RE/MAX Action)
Hoffman Estates 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 Hoffman Estates real estate statistics for the last 12 months as of February 20, 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 Hoffman Estates, please visit: www.GetYourRealEstateHere.com/active or use this link http://www.GetYourRealEstateHere.com/remaxil/modules/agent/agent.asp?p=f...
Comments 0
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.
Comments 0
THIS IS THE TIME FOR BUYERS - GET READY TO POUNCE!  There is a large amount of inventory thruout the Chicago Northwest Suburban Market which includes the Hoffman Estates IL area.  SMART PEOPLE ARE BUYING REAL ESTATE NOW!  Sellers are hot to compete and make their home standout above their competition.  Sellers are flexible!  Lots of Inventory = Buyer Benefits!   SO WHY NOT GET IN THE GAME?  This is a great time to get your first home, move to a smaller home or get that larger home of your dreams!  To some buyers 100% financing is still available with a decent credit score and history! Here is a chart of ACTIVE homes in Hoffman Estates with the MARKET TIMES posted as "Average Days on the Market". There are currently 210 homes in various styles and types available with the Average Market ...
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