Market Update Fox Valley-November 17 2018

Market Update Fox Valley-November 17 2018Market update Fox Valley-November 17 2018.  New listings this week were consistent with last week. 199 this week compared to 221 last week. No this is not Spring market but we are staying consistent so that is good!  It is a good time to sell without all the competition.  The most important thing is to be priced right for condition and location.

Closed homes this week were up.  204 closed this week compared to 151 last week.  We are getting closer to the end of the month and also a holiday so that is to be expected.

Take a look at the communities with the most activity this week:

Aurora-New 27 $119,900-$520,000                                                    Closed-21 $122,000-$423,000

Bolingbrook-New 14 $150,000-$379,900                                           Closed-16 $210,000-$430,000

Geneva-New 8 $338,500-$575,000                                                     Closed-10 $260,000-$626,000

Naperville-New 40 $224,900-$999,500                                              Closed-34 $207,500-$761,117

North Aurora-New 12 $160,000-$635,000                                         Closed-9 $186,000-$410,000

Plainfield-New 27 $145,000-$639,900                                               Closed-29 $190,000-$511,000

St Charles/Campton Hills-New 18 $199,900-$775,900                   Closed-15 $195,000-$965,000

Contracts Accepted this Week

Market Update Fox Valley-November 17 2018-Contracts Accepted this WeekContracts accepted by Sellers this week were slightly down.  171 this week compared to 188 last week.  The market has slowed down but it really has been pretty consistent since the beginning of September.  Some weeks are slightly higher some lower but within the same range.

Take a look at the communities that Sellers have accepted the most contracts this week:

Aurora-27                             Bolingbrook-15                                 Naperville-21

Plainfield-17                        St Charles/Campton Hills-21

Short sales accepted this week were the same as last week.  6 both weeks just different communities.  1 was accepted in Aurora, Montgomery, Oswego, St Charles/Campton Hills and 2 in Yorkville.  Now they will be submitted to the lender to see if they will also accept as written.

If a contract is cash there is usually contingencies of home inspection and attorney review.  Other contracts are also contingent on the Buyer obtaining financing.  Some Buyers have a home already.  They have to add a contingency on their home closing before purchasing if they have already accepted an contract on their current home.  This week 5 added a kick-out clause of 48 hours and 1 with 24 hours.  Other Buyers have not sold their current home yet so they had to add a contingency of selling and closing on their current home.  3 this week with a kick-out clause of 72 hours and 5 with 48 hours.

We know this can all be confusing especially if it is your first time or it has been a while since the last time you bought or sold a home.

Contact us

Give us a call at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  We will be happy to go over everything with you.  Our goal is to negotiate price and terms that are best whether you are buying or selling a home.,

Request an updated market analysis so you know what your home is worth in the current market.  You will be provided a net proceeds that shows an estimate of expenses to sell your home.  This will be updated when an offer comes in and we know all the terms so you can make a decision to accept, reject or counter.

We can recommend a few real estate attorneys, loan officers and home inspectors that we have worked with so you can decide who is best for you to work with.

Learn more:

Market Update Fox Valley-November 17 2018.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

630-503-6555

besthomesfv@gmail.com

 

Market Update Fox Valley-October 6 2018

Market Update Fox Valley-October 6 2018Market update Fox Valley-October 6 2018. New listings were slightly lower this week.  273 this week compared to 281 last week.  We are slowing down slightly but not extremely.  It is still a good time to sell your home.  This is a good time to get into a home before the holidays.

Closings this week were down.  188 this week compared to 258 last week.  This is to be expected with the beginning of the month.  It will increase as we head into the end of the month when most buyers want to close.

Take a look at the communities with the most activity this week:

Aurora-New 36 $80,000-$599,000                                                            Closed-29 $66,000-$460,000

Batavia-New 8 $209,000-$1,100,000                                                       Closed-10 $171,000-$570,000

Bolingbrook-New 24 $155,000-$625,000                                                Closed-12 $216,000-$375,000

Naperville-New 47 $190,000-$1,999,000                                                Closed-30 $190,000-$1,690,887

Oswego-New 24 $179,000-$1,200,000                                                   Closed-4 $221,600-$342,500

Plainfield-New 40 $199,000-$999,000                                                    Closed-25 $161,000-$1,100,000

St Charles/Campton Hills-New 21 $249,900-$2,995,000                    Closed-7 $160,000-$825,000

West Chicago-New $169,900-$435,000                                                  Closed-11 $174,000-$340,000

Yorkville-New 9 $148,900-$399,900                                                        Closed-$215,000-$595,000

Contracts Accepted this Week

Market Update Fox Valley-October 6 2018-Contracts Accepted this WeekContracts accepted this week were pretty consistent with last week.  207 this week compared to 211 last week.  Homes are still selling in the Fox Valley.  There is still time to sell before the end of the year.

Take a look at the communities that sellers accepted the most contracts:

Aurora-35                           Bolingbrook-13                                 Montgomery-12                             Naperville-36

Plainfield-26                      St Charles/Campton Hills-15          Yorkville-10 

Short sales were consistent with last week. 5 this week compared to 4 last week.  Now they will be submitted to the lender to see if they will also accept contract as written.  This takes time to get a response from the lender.

Sellers accepted contracts that are contingent on the buyers home closing before purchasing.  4 with a kick-out clause of 72 hours, 8 with 48 hours and 3 with 24 hours.

Contracts were also accepted by sellers that buyers still needs to sell their current home and close before purchasing.  3 with a kick-out clause of 72 hours, 4 with 48 hours and 3 with 24 hours. 

Contact us

Call us at 630-503-6555 and ask for Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  Our goal is to negotiate price and terms that are best whether buying or selling a home.  We are here to answer any questions that you have. 

Are you thinking about selling a home?  We will update your homes value and provide you with a net proceeds so you have an idea of the expenses and what you might walk away with at closing.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about purchasing, a good place to start is learning about the different types of loans and the process.  Especially if this is your first time buying or you haven’t purchased a home in a long time.  You will need to get pre-qualified with a loan officer.  They will provide you with a letter that states what you qualify for and that will be submitted with an offer when you do find a home. 

Veterans can learn about the requirements and process for getting a VA loan.  You will want to talk to your loan officer to make sure they do VA loans. 

Check out current interest rates.  You might want to keep an eye on them because they keep talking about them going up.

Down payment assistance is something everyone should look at.  You might just qualify for some help.  If you are a Veteran, Police officer or teacher you especially want to look. Illinois and some communities also offer assistance.  Look at the community website that you are looking in. 

Market update Fox Valley-October 6 2018.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!     

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

besthomesfv@gmail.com     

                

Market Update Fox Valley-July 28 2018

Market Update Fox Valley-July 28 2018Market Update Fox Valley-July 28 2018.  New Single-family home listings this week were down.  294 this week compared to 355 last week.  July has been a slower month over all.  The last week of June there were 354 new single-family home listings.

Closed  single-family home listings were also down.  268 this week compared to 282 last week.  The last week of June there were 386 closings.  We had the holiday in the beginning of the month and then so many people heading out on vacations and getting ready for school to start.

Take a look at the communities this week with the most activity this week:

Aurora-New 34 $117,000-$458,000                                             Closed-43 $75,000-$412,000

Bolingbrook-New 17 $134,900-$389,999                                   Closed-21 $147,000-$387,500

Geneva-New 9 $227,900-$749,900                                             Closed-11 $225,000-$435,000

Montgomery-New 15 $135,200-$409,500                                 Closed-12 $146,500-$289,900

Naperville-New 59 $279,900-$1,474,818                                   Closed-59 $201,000-$3,000,000

Oswego-New 17 $262,000-$775,000                                         Closed-10 $19,500-$472,500  the $19,500 was a mistake that they corrected 

                                                                                                                                                                                      to $195,000.

Plainfield-New 32 $175,000-$540,000                                        Closed-32 $169,900-$495,000

St Charles/Campton HIlls-New 26 $169,000-$949,994           Closed-17 $170,000-$815,000

Winfield-New 10 $329,500-$675,000                                          Closed-2 $270,000-$293,000

Yorkville-New 7 $215,000-$459,900                                            Closed-10 $235,000-$370,000

Market Update Fox Valley-July 28 2018-Contracts accepted this week

Market Update Fox Valley-July 28 2018-Contracts accepted this week

Contracts accepted this week were about the same as last week.  278 this week compared to 276 last week.  The last week of June 303.  This month holiday and vacation month has had an impact on activity this month.

Short sale contracts accepted were still low.  4 this week compared to 7 last week.  Now they will be submitted to the lender to see if they will also accept as written.  We are very happy to see these numbers stay low.  Low inventory and increased prices has really slowed short sales down.    Owners are able to sell for what they owe on there homes and job loss is way down.

Take a look at the communities that were most active with accepting contracts this week:

Aurora-42                           Bolingbrook-13                            Geneva-10                               Montgomery-11

Naperville-44                     Plainfield-43                                 St Charles/-18                        West Chicago-14

Yorkville-11                                                                               Campton Hills

Sellers accepted contracts that are contingent on the purchase closing on their current home.  Buyers have already accepted a contract on their current home but need to close to purchase.  5 with a kick-out clause of 72 hours, 12 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that the buyer needs to sell and close on their current home.  Buyers current home might or might not already be on the market.   Contracts are contingent on the sale and close of buyers current home.  6 with a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

Contact us

Call us at 630-503-6555  Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  Our goal is to negotiate price and terms that are best.

We can let you know the value of your home in the current market and provide you with a net proceeds showing you the costs of selling your home.  If you decide to sell we will update this when a contract comes in and we know all the terms of the contract.

Thinking about purchasing a home?  Your first-step is to get pre approved with a loan officer so you know the price range and type of loan that will work out best for your situation.  You can find out more about loans and the process.  If you are a veteran you will want to look up the requirements and process for a VA loan.

Take a look at down payment assistance to see if there is something there you can use.  Illinois and also different communities offer assistance.  Check the website of the community you are looking at.

Market Update Fox Valley-July 28 2018.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

1444 N Farnsworth Ave, Suite 104

Aurora, IL 60505

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley January 13 2018

Market update Fox Valley January 13 2018
Activity this week in the Fox Valley

 Market Update Fox Valley January 13 2018.  Fabulous week this week!  New Listings were up this week.  224 this week compared to 164 last week.  That is exciting!  We are on the right track.  I will be happier when we are over 300 for the week.

Closings were also up this week. 235 this week compared to 107 the week before.  A lot of very happy sellers!  The cold weather is not keeping people home.  Activity is up. Now is the perfect time to be a seller!  Fill out a home valuation request so we can let you know where you home value is in the current market.  Get a step ahead of the Spring market.

Take a look at the communities this week with the most activity:

Aurora-New 24 $71,100-$469,000                         Closed-15 $120,000-$575,500

Bolingbrook-New 13 $144,900-$407,500             Closed-16 $235( must be a mistake)-$365,000

Montgomery-New 5 $80,800-$255,000                Closed-12 $103,376-$261,000

Naperville-New 40 $199,999-$1,399,000             Closed-14 $215.000-$1,085,000

North Aurora-New 10 $ 139,900-$418,900          Closed-3 $261,000-$382,500

Oswego-New 10 $129,900-$369,900                    Closed-9 $186,500-$397,000

Plainfield_New 31 $170,000-$749,900                 Closed-17 $187,000-$369,000

St Charles-New 31 $239,900-$1,798,500             Closed-7 $205,720-$710,000

West Chicago-New 11 $179,900-$675,000          Closed-4 $199,900-$325,000

Yorkville-New 10 $198,900-$355.000                   Closed-2 $247,500-$320,000

Market Update Fox Valley January 13 2018-Contracts Accepted

Market Update Fox Valley January 13 2018-Contracts Accepted
Sellers in these communities accepted contracts this week

Market update Fox Valley January 13 2018-contracts accepted.  This week contracts accepted from sellers was up.  171 this week compared to 87 last week.  Almost doubled!  Subzero temperatures or not buyers are wanting to find their home.

Short sales accepted by sellers was slightly up.  11 this week compared to 7 last week.  Now they will go on to be submitted to the lender to see if they will also accept the contract as submitted.  Short sales are not as common as they were before.  there is still some out there but not as many.

Here is the communities that sellers accepted the most contracts this week:

Aurora-29 with 2 of them a short sale

Bolingbrook-14 with 1 of them a short sale

Naperville-28 with 1 of them a short sale

Oswego-10

Plainfield-16 with 1 of them a short sale

St Charles-17 with 1 of them a short sale

The other communities that sellers accepted contracts with a short sale are Batavia with 1, Montgomery with 1, Serena with 1 & Sugar Grove with 2.

Sellers also accepted contracts with contingencies.  These are contingent on the close of the buyers current home.  They already have an accepted contract on their home but need to close before purchasing. 2 with a 72 hour kick-out clause and 4 with 48 hours.

Contracts with contingencies of a sale and close on the buyers current home were also accepted this week.  The buyers current home might or might not already be on the market.  They do not have a contract accepted on their home yet  1 with a 72 hour kick-out clause and 3 with 48 hours.

Contact Us

You can call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  You can also fill out the contact form and have us get back to you if that is easier.

Search for homes anytime.  You can also sign up to receive listings of homes as soon as they hit the market and get an email alert.

If you are buying a home for the first time you might want learn more about loans.  Look up interest rates or see if there is down payment assistance that will help you.

We can recommend loan officers to contact to tell you about the latest programs that are offered.

We makeit our business to find the perfect fit for your needs.  Our goal is to negotiate the price and terms that are best. Market update Fox Valley January 13 2018.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley

630-503-6555

besthomesfv@gmail.com

1444 N Farnsworth Ave Suite 104 Aurora, IL 60505

Market Update Fox Valley November 4 2017

Market Update Fox Valley November 4 2017
Fox Valley Activity New & Closed Listings

Market Update Fox Valley November 4 2017

New listing decreased this week about 9%.  202 New listings this week compared to 223 last week.  We are going in the wrong direction.  It is very frustrating for buyers looking with such low inventory.  I think we might start seeing contingency of seller finding suitable housing more often.  Sellers are worried about selling and not finding a home to purchase.  They would like to either buy a larger home or would like to downsize.

Closed homes this week increased 7.43%.  261 this week compared to 194 last week.  Some of these closings were the last 2 days of the month of October.  The end of the month is when most people want to close if they are getting a mortgage so they come to closing with less money for interest.

The chart above shows you the communities that had activity this week of new listings and closings with minimum and maximum price range in each community.  Take a look at the communities with the most activity:

Aurora-New 28 Closed 44

Batavia-New 6 Closed 12

Bolingbrook-New 10 Closed 23

Geneva-New 7 Closed 12

Montgomery-New 10 Closed 11

Naperville-New 45 Closed 34

Plainfield-New 20 Closed 39

St Charles-New 18 Closed 12

Yorkville-New 6 Closed 11

Market Update Fox Valley November 4 2017-Contracts Accepted This Week
Contracts accepted this week

Contracts accepted this week decreased 9% from last week.  187 this week compared to 207 last week.  We hope this week will bring more new listings of home so buyers have more choices.

8 Short sales were accepted this week.  There were only 2 last week.  Now they will go on to the mortgage company to see if they will also accept them as written.  We are happy to see these figures stay so low.  There are not as many short sales out there like there used to be.

Contracts were accepted this week with a contingency that the buyer needs to close on their current home before purchasing.  They already have accepted a  contract on their home but need to close first.  2 of them with a kick-out clause of 72 hours and 6 with a 48 hour kick-out clause.

Sellers also accepted contracts that the buyer needs to sell their current home before purchasing.  They might or might not already have their current home on the market.  They have not accepted a contract on their home.  1 of them have a kick-out clause of 72 hours and 2 with 48 hour kick-out clause.

The chart above shows you the communities that sellers accepted contracts this week and if they had a contingency.  The communities that accepted the most contracts this week:

Aurora- 29 with 1 of them a Short sale

Bolingbrook-14

Geneva-14

Montgomery-11

Naperville-26 with 1 of them a Short sale

Oswego-11 with 1 of them a Short sale

Plainfield-25 with 2 of them a Short sale

St Charles-12

The other communities that had sellers accept contracts with a Short sale were Batavia with 2 and Yorkville with 1.

If you are thinking about selling your home and want a home evaluation click here and fill out the form.  We can give you an estimate of expenses so you know where you might be selling in the current market.  We can let you know what you need to do to get your home market ready.

Buyers need to first get pre-approved with a lender. We can make some recommendations if you do not know who to contact.  You can also get information about owning a home and the process hereDown payment resource is another site to check out.  Some communities also offer incentives for buyers.  You need to check on the website of the community you are looking at.

Search for homes anytime even if you just want to keep an eye on the market.

Call us with all your real estate questions at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  You can fill out the contact form if you would like us to contact you.  Let us know the best way to get in touch with you.

We want to negotiate the price and terms that are best.  We make it our business to find the perfect fit for your needs.  Best Homes Fox Valley.

Market update Fox Valley November 4 2017

Market Update Fox Valley October 28 2017
Contracts Accepted this week Fox Valley

 

Market Update Fox Valley October 28 2017

 Market Update Fox Valley October 28 2017.  New listings increased 8 1/2% this week.  223 this week compared to 190 last week.  Great news but we still need to see this percentage higher to meet the demand of buyers.

Closed listings increased 9%.  194 this week compared to 178 last week.  The end of the month is usually when you see the most closed listings.  We are down almost 7 1/2 % percent from the end of the month in September.  We still have Monday & Tuesday left for closings for the month so the final figures for October are not in yet.

Take a look at the communities with the most activity this week:

Aurora-New 24 Closed 32

Batavia-New 6 Closed 12

Bolingbrook-New 15 Closed 12

Naperville-New 39 Closed 35

Plainfield-New 35 Closed 27

St Charles-New 19 Closed 13

West Chicago-New 11 Closed 8

Yorkville-New 12 Closed 12

The chart above shows you the communities with minimum and maximum price range for New listings and Closed listings.  Many factors go into why some communities are consistently more active then others.  Schools, work, roads & what a community has to offer.  Let us know what you are looking for in a community and a home.

Market Update Fox Valley October 28 2017-Contracts Accepted This Week
Contracts Accepted This Week Fox Valley

 

Market Update Fox Valley October 28 2017-Accepted Contracts This Week

 

Market Update Fox Valley October 28 2017-Accepted Contracts this week.  Contracts accepted this week decreased 9.5%. 207 this week compared to 217 last week.  New listings were down 8% last week so that contributed to the decrease in contracts accepted this week.  The inventory just is not keeping up with the demand.

Short sales accepted this week were down.  3 this week compared to 11 last week.  1 in St Charles and 2 in West Chicago.  Now they will move on to the mortgage company to see if they will also accept them as written.  Prices have come up with low inventory.  There is not as many short sales because of this.

Sellers accepted contracts with a contingency on the buyer closing on their current home.  The buyers have already accepted a contract on their home but need to close before purchasing.  2 with a kick-out clause of 72 hours, 5 with 48 hours and 2 with a 24 hour kick-out clause.

Contracts were also accepted by sellers with a contingency that the buyer still needs to sell their home.  They might or might not already have their home on the market. 4 with a kick-out clause of 72 hours and 6 with 48 hours.

Take a look at the communities that had the most activity with sellers accepting contracts this week:

Aurora-22

Bolingbrook-16

Geneva-11

Naperville-47

Oswego-11

Plainfield-25

The chart above shows you how many contracts accepted in each community.

Resources

Resources for you to take a look at if you are thinking about purchasing a home.  CFPB to see about the different types of loans and the process. We can make recommendations of loan officers to contact that we have successfully worked with.   Down Payment Resource to see if any help is available to you.  You can also go to the community website you are thinking about to see if they offer any help with grants and what they have to offer in activities.  You can check out school ratings.

If you are thinking about selling your home you can request home valuation to see where you are at in the current market.  We will also provide an estimate on net proceeds so you can see if it makes sense to sell now.  The net proceeds will be updated when a contract comes in with the price and terms so you can make a decision.  Give you advice on getting your home market ready.

Contact Us

Contact us at 630-503-6555  Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  You can also fill out the contact form if you prefer to let us know how and when you would like us to contact you.

You can search for homes anytime whether you are thinking about selling a home, purchasing or would just like to keep an eye on the market.    We make it our business to find the perfect fit for your needs.  Price and terms that are best.  Best Homes Fox Valley.  Market Update Fox Valley October 28 2017

Activity this week Fox Valley July 22 2017

Activity this week Fox Valley July 22 2017
New listings & Closed listings this week
Contingent listings this week Fox Valley July 22 2017
Homes that accepted contracts this week

 

 

Activity this week Fox Valley July 22 2017

Activity this week Fox Valley July 22 2017.  Listings picked up this week!  337 new listings this week compared to 306 last week.  July is usually vacation month and activity slows down.  Not this July!  It is a good thing for buyers that are trying to find a home in this market that is still low inventory.  As soon as they go on the market they are getting sold if they are priced right and in good condition.  

Closings were down a little.  265 this week compared to 291 last week.  It not the end of the month though.  We will probably see more closings next week or the beginning of the following week.  Take a look at the communities with the most activity this week:

 

Aurora-New 45 Closed 47

Bolingbrook-New 22 Closed 12

Geneva-New 17 Closed 15

Montgomery-New 11 Closed 7

Naperville-New 69 Closed 45

North Aurora-New 12 Closed 4

Oswego-New 18 Closed 17

Plainfield-New 40 Closed 37

St Charles-New 27 Closed 24

West Chicago-New 10 Closed 7

You might want a community that always has a lot of activity  for resale or you might want a slower moving community that is a little more stable.  It depends on what you are looking for.

Contingent listings this week Fox Valley 

Contingent listings this week Fox Valley.  Homes that accepted a contract this week were down a little.  266 this week compared to 293 last week.   4 Short Sales accepted contracts.  8 homes accepted contracts that are contingent on the close of the buyers home with a 72 hour kick-out clause, 15 with a 48 hour and 2 with 24 hour kick-out.  2 homes accepted contracts that the buyer still needs to sell their home and have a 72 hour kick-out and 4 with 48 hour kick-out clause.  Take a look at the communities this week that accepted the most contracts:

Aurora-46

Batavia-11 with one of them a short sale

Bolingbrook-17 with 1 of them a short sale

Montgomery-8 with 1 of them a short sale

Naperville-41

North Aurora-10

Oswego-11

Plainfield-43 with 1 of them a short sale

St Charles-17

Yorkville-13 with 1 of them a short sale

Will your home be on this list next week?

Buyers and Sellers

Buyers homes are coming on the market everyday.  Your first step is to get pre-qualified with a lender.  You need a letter to submit with your offer once you find your dream home.  It also needs to be no longer than 30 days old.  If it is older than that you will need to have them update it.  CFPB is a place to find out more about the different loans and the process.  You will also want to go to Down Payment Resource to see if there is anything there to help with your down payment.

If you are still getting your home ready for the market let us know and we will let you know the most important things to do to get it market ready.  We will prepare a market analysis so you know the value in today’s market.  Request a home valuation.  Do you know how much equity  you have right now in your home?  We will show you.  Prices have come up so if you think you might still be under water it is worth the time to see where you are at.

Contact us

We make it our business to find the perfect fit for your needs.  There are many ways you can contact us.  You can fill out the form,  email us at besthomesfv@gmail.com or call 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101.  Connect with us on facebook.  Best Homes Fox Valley  Have a great week!

Activity this week Fox Valley May 27 2017

Activity this week Fox Valley May 27 2017
Fox Valley Activity
Activity this week Fox Valley May 27 2017
Contracts accepted this week in the Fox Valley

Activity this week Fox Valley May 27 2017

Activity this week Fox Valley May 27 2017.  The increase this week was in New listings and contracts accepted.  New listings this week 367 and last week it was 280.  Contracts accepted this week 262 and last week 231.  Those are some nice numbers.  Closings this week were down with this week at 308 and last week at 373.  Tuesday and Wednesday should be really busy with closings for the end of the month.  Take a look at the communities with the most activity this week Fox Valley May 27 2017:

Aurora-New 43 Closed 46

Batavia-New 14 Closed 12

Bolingbrook- New 25 Closed 20

Geneva-New 18 Closed 11

Montgomery-New 17 Closed 14

Naperville-New 64 Closed 51

Oswego-New 18 Closed 7

Plainfield-New 44 Closed 41

St Charles-New 35 Closed 27

Sugar Grove-New 14 Closed 2

Yorkville-New 14 Closed 11

Contracts accepted this week

Short sales have dramatically gone down.  There are still some but not as many as there used to be.  We are continuing to see contingent on the sale or close of a home which is a good sign that current home owners are starting to make a move either to a bigger home or downsizing.  Contracts accepted this week are keeping up with the New listings so the low inventory situation continues which is good for sellers.

Buyers and Sellers

Sellers it is still a great time to sell!  Contact us to get a home evaluation so we can let you know the price of your home in the current market.  Buyers you need to get pre-qualified with a lender before you can begin to start searching for a home.  We can make recommendations for you to contact a few lenders to see which one you will want to work with.  To get more information about the process go to CFPB.  Also you can go to Down Payment Resource to see if you qualify for any assistance.

Contact us

Contact us to help you with all of your real estate questions.  We make it our business to find the perfect fit for your needs.  Call us at 630-503-6555  Jeffery Szymczak-Broker ext 104 or Kristine Heiman-Managing Broker ext 101.  You can also fill out our form to send us a message.  Start searching for a home today!  Best Homes Fox Valley.

Activity this week Fox Valley April 29 2017

Activity this week Fox Valley April 29 2017
Fox Valley Activity

Activity this week Fox Valley April 29 2017

Activity this week Fox Valley April 29 2017.  We are at the end of the month so this week the closing are higher than last week which is to be expected.  Last week there were 217 Closings and this week 294 in the Fox Valley area.  New listings were down a little bit from 358 last week to 330 this week.   Low inventory continues to be an issue in most areas.  This week we had our Capitol Conference in Springfield and the REALTORS  I spoke to from all over the state were saying the same thing.  They were very busy working with buyers but that there is low inventory.  Here is the communities with the most activity this week:

Aurora-Closing 31 Listings 42

Batavia-Closings 10 Listings 11

Bolingbrook-Closings 18 Listings 21

Geneva-Closings 12 Listings 17

Naperville-Closings 52 Listings 76

North Aurora-Closings 13 Listings 7

Plainfield-Closings 45 Listings 40

St Charles-Closings 26 Listings 29

Yorkville-Closings 11 Listings 13

Buyers

Buyers you need to be patient when looking for a home.  When a listing comes up you need to be ready to go look right away so you don’t miss out.  You might be up against multiple offers when you do find the right home.   Preparation is very important.  Make sure your pre-qualification letter is no more than 30 days old or have your loan officer update it.  Make sure to go over the contract with your agent so you know what is in it and talk strategy so when the right home comes along you are confident on your offer.  Ask for a market analysis of the area to see what is selling and for what price and condition.  Go to CFPB to get information about the process of owning a home.  The more information you have the more confident you will be.  We know this is a big investment and want to help you through the process that is why it is important to have an agent represent you.  Check out Down Payment Resource to see if there is anything that will help you.

Sellers

Sellers yes prices have come up but don’t get carried away with pricing your home.  Look at the comparables that your agent shows you and price right from the beginning.  Your property still has to appraise out if the buyer is getting financing.  Even if a cash offer comes in they still might ask for an appraisal to make sure they are not paying too much.  Get rid of objections before you list your home.  Take the extra step to take care of repairs that need to be done.  We will show you an estimate of expenses to get to closing.  It will also need to be updated when an offer comes in when you know what a buyer is asking for.  If you don’t have a real estate attorney we can make recommendations to you so you can contact them and choose who you think will be the best one for you to work with.

Contact us

Contact us to represent you with the sale or purchase of a home.  We will guide you through the process.  We make it our business to find the perfect fit for your needs.  Call Jeff Szymczak-Broker ext 104 or Kristine Heiman-Managing Broker ext 101 at 630-503-6555.  You can always go to our website to start searching for a home or look for sold homes in your area.  Click on property search and go to bottom of page and click on more options so you can narrow it down to your needs.  Best Homes Fox Valley

Activity this week Fox Valley April 22 2017

Activity this week Fox Valley April 22 2017
Fox Valley Activity

Activity this week Fox Valley April 22 2017

Activity this week Fox Valley April 22 2017.  It was a very busy weekend so I am late posting this.  This week we saw an uptick in New Listings.  Last week the total was  321 and this week 358.  Many New Listings getting accepted contracts in a very short time.  You will see totals in Closed homes going up in May and June.    Here are the communities this week with the most activity:

Aurora-Closed 24 New 35

Batavia-Closed 14 New 14

Bolingbrook-Closed 15 New 26

Geneva-Closed 12 New 21

Montgomery-Closed 7 New 11

Naperville-Closed 32 New 74

Oswego-Closed 13 New 17

Plainfield-Closed 28 New 33

St Charles-Closed 15 New 27

Sycamore-Closed 3 New 13

West Chicago-Closed 5 New 11

Yorkville-Closed 15 New 12

Sellers

Sellers we need you!  If you are thinking about moving this year now is the time!  Price your home correctly and make sure you get it in move-in ready condition and you will not be inconvenienced very long with showings.  It will sell.  Let us do a market analysis for you and show you the value in today’s market.  Let’s see if what you are planning on doing will work out for you.  We will tell you about the expenses of selling your home and let you know what you might end up with to move on to your next home.  Are you looking for a bigger home or do you want to down size?

Buyers

You have to be ready to go!  Get pre-qualified with a lender and if you have already make sure it is not older than 30 days or request  an updated letter.  We need to give this to the seller before they will even consider you.  Good homes are moving very fast so be ready to go.  Look as soon as a new home hits the market.  Be the first one in with an offer or you might miss out.  Check out Down Payment Resource for any help that might be available to you.  Go to CFPB to get information about owning a home.

Contact us

Contact us to help you navigate through process of selling, buying or both.  We make it our business to find the perfect fit for your needs.  You can call us at 630-503-6555 Jeff Szymczak-Broker ext 104 or Kristine Heiman-Managing Broker ext 101. Best Homes Fox Valley  Start searching for your dream home today!