Market Update Fox Valley-February 16, 2019

Market Update Fox Valley-February 16 2019Market update Fox Valley-February 16 2019.  New listings were down this week.  265 this week compared to 325 last week.  That puts at 771 for the month so far.  January New listings were 878 total so we are only halfway through the month and we have almost met last months total.  They will keep picking up as we head into Spring market.

Closed listings were up this week.  118 this week compared to 84 last week.  That puts us at 343 for the month so far. January Closed listings were 407 total.  We have almost met that total as well.  Closed listings should increase as we head into the end of the month when most Buyers like to close.

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

Aurora-New 32 $118,000-$640,000                                        Closed-21 $90,000-$440,000

Bolingbrook-New 18 $149,000-$425,000                                Closed-12 $138,500-$346,000

Geneva-New 14 $249,900-$779,900                                       Closed-4 $268,000-$387,000

Montgomery-New 10 $167,000-$309,000                               Closed-4 $105,000-$242,500

Naperville-New 68 $225,000-1,050,000                                  Closed-17 $192,500-$550,000

Oswego-New 11 $230,000-$435,900                                      Closed-1 $160,000

Plainfield-New 22 $239,900-$625,000                                   Closed-14 $210,000-$385,000

St Charles/Campton Hills-New 24 $129,500-$1,400,000       Closed-9 $163,000-$760,000

West Chicago-New 11 $159,700-$645,000                            Closed-5 $115,000-$320,000

Contracts Accepted this Week

Market Update Fox Valley-February 16 2019-Contracts Accepted this WeekContracts accepted by Sellers this week were slightly up this week.   224 this week compared to 209 last week.  That makes 614 accepted contracts so far this month.  There were 608 contacts accepted by Sellers in the month of January.  We have already past those totals.  This gives you an idea of the closings that will be coming up if they make it through the process of inspections, attorney review and loans getting approved.

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

Aurora-40                            Bolingbrook-20                                Geneva-11                                      Montgomery-14

Naperville-32                       Plainfield-26                                     St Charles/Campton Hills-19          Yorkville-11

Short Sales accepted by Sellers this week were 6.  Last week there was only 1.  2 were in Bolingbrook & Naperville this week and only 1 each in Montgomery & Yorkville. Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts this week that are contingent on the closing of the Buyers current home.  4 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Contingent contracts were also accepted by Sellers that the Buyers still need to sell and close on their current home.  4 with a kick-out clause of 72 hours and 3 with 48 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 whether you are buying or selling a home.  We make it our business to find the perfect fit for your needs.

Now is the time to get your home on the market so you don’t miss out on the best time of the year to sell.  Spring market is when it is the busiest of the year.

If you are thinking about buying a home you need to get pre-qualified with a loan officer so you know the price range and what type of loan will work out best for you.

Things to check out:

Market update Fox Valley-February 16 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

New tool to search for homes

Market Update Fox Valley-February 9 2019

Marke Update Fox Valley-Kane and Kendall last 10 years
Last 10 years single family homes sold in Kane and Kendall County

Market Update Fox Valley-February 9 2019

Market update Fox Valley-February 9 2019.  The first picture is sold single family homes in the last 10 years in Kane and Kendall County.  I thought you might be interested to see the trend.  Kendall County did not dip in price as low as Kane County did but they are back up there slightly above Kendall County now.

New listings this week were way above last week!  325 this week compared to 181 last week.  If you are a buyer you are thrilled that there is so much more to see. Thinking about selling? You better get busy and give us a call so we can get your home on the market.  Spring market is starting early this year!

Take a look at the communities that had the most activity this week:

Aurora-New 35 $74,900-$624,900                                                    Closed-18 $110,000-$349,900

Batavia-New 10 $259,900-$630,000                                                 Closed-2 $325,000-$445,000

Bolingbrook-New 16 $135,000-$449,000                                          Closed-8 $143,000-$405,000

Geneva-New 10 $269,000-$1,250,000                                             Closed-3 $350,000-$475,000

Montgomery-New 20 $114,900-$358,692                                         Closed-2 $169,900-$265,000

Naperville-New 75 $260,000-$1,950,000                                          Closed-7 $317,500-$1,015,000

Oswego-New 14 $144,900-$374,900                                                Closed-3 $155,000-$400,000

Plainfield-New 38 $130,000-$1,300,000                                           Closed-11 $159,900-$408,950

St Charles/Campton Hills-New 31 $239,900-$1,750,000                  Closed-5 $173,500-$572,500

Warrenville-New 10 $174,000-$2,149,000                                         Closed-2 $233,000-$247,000

Yorkville-New 14 $174,900-$379,990                                                 Closed-4 $255,000-$449,900

Contracts Accepted this Week

Market Update Fox Valley-February 9 2019-Contracts Accepted this WeekContracts accepted this week were up slightly.  209 this week compared to 181 last week.  These numbers will probably really increase next week with all the new listings this week.

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

Aurora-39                            Bolingbrook-19                             Montgomery-14

Naperville-38                       Oswego-11                                   Plainfield-18

Short sales were the same as last week with only 1 and it was also in Aurora.  Just like last week.  Now it will get submitted to the lender to see if they will accept it.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing. 2 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Contract were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing.  5 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 whether you are buying or selling a home.  We make it our business to find the perfect fit for your needs.

If you are thinking about purchasing a home this year the first step is to get pre-qualified with a loan officer.  We can make some recommendations if you do not have one already.  They will provide you with a letter showing what you qualify for.  That will go with an offer when we find you the right home.

Thinking about selling?  Now is the time to get it on the market.  Spring market is the best time of the whole year.  It is starting early this year.

Things to check out:

Market update Fox Valley-February 9 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

besthomesfv@gmail.com

New tool to search for homes https://remine.com/re/bhfvsearch

Market Update Fox Valley-February 2 2019

Market Update Fox Valley-February 2 2019

Market update Fox Valley-February 2 2019. New listings were lower this week  181 new listings this week compared to 209 last week.  Not too bad with the sub zero temperatures we had for 3 days this week.

Closed listing almost doubled.  141 closing this week compared to 82 last week.  Unbelievable that some of these closings still happened with the sub zero temperatures we had for the last 3 days of the month.  These people will definitely remember their closing and moving day!

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

Aurora-New 20 $112,000-$440,000                                           Closed-25 $134,900-$365,000

Bolingbrook-New 11 $162,500-$625,000                                   Closed-13 $110,000-$405,000

Naperville-New 38 $210,000-$2,850,000                                   Closed-14 $219,000-$912,356

North Aurora-New 11 $239,000-$449,900                                  Closed-3 $224,900-$305,000

Oswego-New 10 $218,000-$374,900                                         Closed-8 $149,000-$680,000

Plainfield-New 16 $219,900-$558,900                                        Closed-22 $206,000-$652,500

St Charles/Campton Hills-New 17 $140,000-$1,189,000           Closed-8 $116,000-$1,175,000

Yorkville-NEw 10 $215,000-$399,900                                         Closed-6 $250,000-$446,294

Contracts Accepted this Week

Market Update Fox Valley-February 2 2019-Contracts Accepted this Week

Contracts accepted this week were slightly higher this week.  181 contracts accepted this week compared to 172 last week.  Sub zero temperatures did not keep people from making decisions on buying or selling.  Applications like Docusign have really helped with getting signatures when it is not possible to get them in person. Some of these might have been postponed because of the weather.

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

Aurora-30                              Bolingbrook-16                            Naperville-31

Oswego-14                            Plainfield-21                                St Charles/Campton Hills-11

Short sales were down this week.  1 this week compared to 3 last week.  The 1 was in Aurora. Now they will be submitted to the lender to see if they will also accept as written.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing.  4 with a kick-out clause of 72 hours, 6 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home before purchasing.  4 with a kick-out clause of 72 hours and 4 with 48 hours.

The market is still moving along.  Spring market is just around the corner.  Now might be the best time to sell with less competition.

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 whether buying or selling a home.  We make it our business to find the perfect fit for your needs.

We can update the value of your home in the current market and provide you with a net proceeds that shows the expenses to sell.  This will be updated when an offer comes in and we know all the terms.  Let you know what you need to do to get your home market ready.

If you are thinking about buying a home you need to talk to a loan officer to get pre-qualified.  They will tell you the best type of loan and the price range you should be looking in.  The type of loan will determine what condition of the homes you should be looking at.

Things you should check out:

Market Update Fox Valley-February 2 2019.  Have a great week!

Kristine Heiman-Manging Broker

Best Homes Fox Valley-Search for a home today!

New tool!!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley-January 26 2019

Market Update Fox Valley-January 26 2019

Market update Fox Valley-January 26 2019.  New listings were not far off of the number last week.  209 new listings this week compared to 224 last week. That is not too bad for the weather we are having.  It was a real mild winter up until this week.  We are really going to hit the low temperatures next week.

Closed listings were another story.  They were way down when they should be going up with the end of the month but the holidays contributed to these low numbers.  82 closed homes this week compared to 115 last week.  There is 4 business days next week for the end of the month so we should see higher numbers next week.

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

Aurora-New 19 $85,000-$579,900                                             Closed-13 $87,500-$480,000

Batavia-New 12 $239,900-$675,000                                          Closed-4 $248,000-$359,000

Bolingbrook-New 16 $184,900-$699,690                                   Closed-9 $139,500-$327,000

Geneva-New 16 $234,900-$897,000                                         Closed-2 $337,500-$510,000

Naperville-New 33 $299,900-$1,449,000                                   Closed-11 $365,000-$715,000

Plainfield-New 19 $204,900-$441,840                                       Closed-11 $161,217-$418,900

St Charles/Campton Hills-New 20 $229,900-$900,000             Closed-3 $245,000-$460,000

West Chicago-New 12 $129,900-$472,500                               Closed-4 $164,500-$265,000

Contracts Accepted this Week

Market Update Fox Valley-January 26 2019-Contracts Accepted this Week

Contracts accepted this week were down slightly.  172 accepted contracts this week compared to 193 last week.  Not too bad with the weather we have been having.  People are still ready to get out there and look.  It sure helps when Sellers take photos to show what the deck, patio and yard look like without the snow.

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

Aurora-44                                 Naperville-21                                     Plainfield-21

Short sales accepted this week were similar to last week.  5 short sales accepted by Sellers this week compared to 5 last week.  1 each in Aurora, Bolingbrook and Montgomery.  Now they will be submitted to the lender to see if they will also accept as written.

Sellers accepted contracts this week that are contingent on the closing of the Buyers current property before purchasing.  5 that have a kick-out clause of 72 hours, 5 with 48 hours and 1 with 24 hours.

Contracts were also accepted by sellers that are contingent on the Buyers selling and closing on their current home.  3 with a kick-out clause of 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.  We will answer the real estate questions that you have. Our goal is to negotiate price and terms that are best whether buying or selling a home.  We make it our business to find the perfect fit for your needs.

Spring market is just around the corner.  If your home is market ready now might be the best time before you have too much competition.  Let us update the value of your home in today’s market.  We will provide you with a net proceeds so you know the expenses to sell.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about buying a home your fist step is to get pre-qualified with a lender so you know what type of loan and what price range works out best for you.  They will provide you with a letter that will go with an offer when you find your home that shows the seller you qualify for their home so they will be comfortable accepting your offer.

Things to check out:

Market Update Fox Valley-January 26 2019.  Have a great week!

Krisitne Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley-January 19 2019

Market Update Fox Valley-January 19 2019

Market update Fox Valley-January 19 2019. Happy Saturday!  Hope you had a great week. New listings this week were slightly down.  224 this week compared to 279 last week.    The weather this last week was not too bad so that was not a factor like it will be next week with the snow and colder temps we are getting this weekend.

Closed listings this week were slightly up. 115 closed homes this week compared to 101 last week.  These should increase as we get closer to the end of the month. January is not a fun month to move but if you find a home now and close in February or March you might have better weather.  You just never know how it will work out.  We really have had a mild winter so far.

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

Aurora-New 27 $134,900-$609,000                                           Closed-17 $80,000-$492,500

Geneva-New 12 $299,900-$795,000                                         Closed-5 $237,500-$410,000

Naperville-New 52 $299,900-$6,095,000                                   Closed-19 $210,000-$1,320,000

Plainfield-New 26 $199,000-$549,900                                       Closed-12 $155,500-$350,600

St Charles/Campton Hills-New 30 $239,900-$799,000             Closed-10 $219,000-$732,000

Yorkville-New 17 $209,900-$1,200,000                                     Closed-2 $300,000-$595,000

Contracts Accepted this Week

Market Update Fox Valley-January 19 2019-Contracts Accepted this Week

Contracts accepted this week were up. 193 this week compared to 129 last week.  That is great news!  Buyers are still out there looking.  You do not have to wait for Spring market to sell your home.  If location, price and condition are just right it will sell.

Take a look at the communities Sellers accepted the most contracts:

Aurora-30                          Bolingbrook-14                             Naperville-38

Oswego-12                       Plainfield-19                                  St Charles/Campton Hills-14

Short sales were slightly down this week.  5 this week compared to 8 last week.   1 each in Aurora, Bolingbrook, Geneva, Plainfield and West Chicago.   Now they will be submitted to the lender to see if they will also accept contract as written.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing.  4 with a kick-out clause of 72 hours and 3 with 48 hours.

Contracts were also accepted by Sellers that are contingent on the sale and closing of the Buyers current home before purchasing. 5 with a kick-out clause of 72 hours, 3 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.  We just recently moved our office to 200 Webster St Montgomery, IL 60538. Stop in to see us!

Our goal is to negotiate price and terms that are best whether buying or selling your home.  We make it our business to find the perfect fit for your needs.  We will explain the process so you are comfortable.  Assist you with finding a loan officer, home inspector and real estate attorney.  You want a great team getting you to a successful closing.

Helpful things to checkout:

Market Update Fox Valley-January 19 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley-January 5 2019

Market Update Fox Valley-January 5 2019

Market Update Fox Valley-January 5 2019.  New listings this week more than doubled last week.  166 this week compared to 81 last week.  That is with another short week this week too. Holidays are over so it is time to get busy!  We have had a mild winter so far.  Today was absolutely gorgeous!  Sunny and 51 degrees.

Closed listings this week were also up.  109 this week compared to 99 last week.  Not bad for a short week and the beginning of the month.  They will increase as the month goes along.

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

Aurora-New 22 $104,000-$474,900                                           Closed-24 $91,798-$329,000

Bolingbrook-New $234,900-$385,000                                        Closed-8 $235,000-$355,000

Naperville-New 32 $289,995-$1,800,000                                   Closed-11 $290,000-$585,000

Oswego-New 10 $114,900-$539,900                                         Closed-3 $198,900-$335,000

Plainfield-New 17 $149,900-$495,000                                       Closed-17 $145,000-$360,150

St Charles/Campton Hills-New 14 $244,900-$959,000             Closed-11 $264,500-$500,000

Yorkville-New 12 $247,995-$595,000                                        Closed-3 $239,900-$263,750

Contracts Accepted this Week

Best Homes Fox Valley-January 5 2019-Contracts Accepted this Week

Contracts accepted this week were up slightly.  114 this week compared 89 last week.  Not bad for 2 short weeks in a row.  Buyers are still out there.  If a home is priced right for location and condition it will sell.

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

Aurora-21                           Bolingbrook-13

Naperville-11                      Plainfield-11

Short sales accepted by Sellers were slightly up.  4 this week compared to 0 the week before.The communities were 1 each in Montgomery, Naperville, Plainfield and West Chicago.  Now they will be submitted to the lender to see if they will also accept contract as written.

Contracts were accepted that are contingent on the Buyer closing on their current home before purchasing.  4 with a kick-out clause of 48 hours.

Sellers also accepted contracts that are contingent on the Buyer selling and closing on their current home before purchasing.  2 with a kick-out clause of 72 hours and 3 with 48 hours.

Contact us

We recently moved our office.  We are now at 200 Webster St Montgomery, IL 60538.  You can 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.

We have been told that the next 3 years will be similar to this last year.  If 2019 is the year you would like to make a move we would love to help you. Our goal is to negotiate price and terms that are best whether buying or selling a home.  We will guide you through the process once a contract is written and accepted.

Your first step to purchasing is to contact a loan officer to get pre-qualified.  They will let you know the price range and type of loan that will work out best for you.

If you are going to sell your current home we will update the value in today’s market and provide you with an estimate of expenses.  This will be updated when a contract comes in and we know all the terms.

Things to check into:

Let us know what questions that you have.

Market Update Fox Valley-January 5 2019.  Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Market Update Fox Valley

Market Update Fox Valley-December 29 2018

Market Update Fox Valley-December 29 2018.  This was a short week with Christmas Eve on Monday and Christmas Day on Tuesday.  New listings were way down.  81 new listings this week compared to 134 last week.  The last new listings for 2018.  2019 might be the right time for you to think about selling and making a change. Either downsizing, finding something with more room or closer to work. Now is the time to plan what you need to improve, sell or throw out.  Fresh paint in neutral colors makes the home feel clean and fresh.  Let us tell you what needs to be done to get it market ready.

Closed listings were also way down with only 3 business days to close.  99 this week compared to 167 last week.  The end of the closings for 2018. Now to loo kforward to 2019.  Holidays will be over and the market will get back to normal.  Spring market is just around the corner.

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

Aurora-New 8 $119,000-$384,500                                             Closed-17 $90,100-$371,000

Bolingbrook-New 7 $189,900-$385,000                                    Closed-15 $155,000-$374,000

Naperville-New 12 $299,900-$1,199,000                                  Closed-7 $327,500-$490,000

Contracts Accepted this Week

Market Update Fox Valley-December 29 2018-Contracts Accepted this Week

Contracts accepted this week were also down. 89 this week compared to 121 last week.  Next week will also be a short week with New Years Eve on Monday and New Years Day on Tuesday.  The 2nd week of January we should get back to normal.

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

Aurora-14                           Naperville-16                        Plainfield-13

There were no short sales accepted this week by Sellers. Last week there were 4.

Sellers accepted contracts this week that are contingent on the Buyers current home closing before purchasing. 2 with a kick-out clause of 72 hours, 2 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that the Buyers current home still needs to sell and close before purchasing.  5 with a kick-out clause of 72 hours, 1 each with 48 hours and 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 whether buying or selling a home.  We make it our business to find the perfect fit for your needs.

Thinking of selling?  Let update the value of your home in the current market and provide you with a net proceeds that shows you an estimate of the expenses to sell.  This will be updated when an offer comes in and we know all the terms.

If you are thinking about purchasing you need to contact a loan officer to get pre-qualified so you know the price range and what type of loan will work out best.

Things to check out:

Market Update Fox Valley-December 29 2018.  Have a happy and safe New Year! 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-December 15 2018

Market Update Fox Valley-December 15 2018

Market Update Fox Valley-December 15 2018.  New single-family home listings were down this week.  119 this week compared to 175 last week.

Closings this week were down slightly.  152 this week compared to 164 last week.  Next week is the last full week of the year without days off for the holiday.

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

Aurora-New 16 $115,000-$295,000                                           Closed-20 $100,000-$450,000

Bolingbrook-New 12 $149,500-$300,000                                   Closed-11 $179,900-$449,000

Naperville-New 24 $218,900-$1,349,000                                   Closed-28 $250,000-$845,000

Plainfield-New 13 $159,900-$426,615                                       Closed-20 $176,100-$458,000

St Charles/Campton Hills-New 10 $234,900-$689,000             Closed-15 $100,000-$590,000

Contracts Accepted this Week

Market Update Fox Valley-December 15 2018-Contracts Accepted this Week

Contracts Accepted this week were slightly down.  126 this week compared to 138 last week.  Not too bad for this close to the holidays.

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

Aurora-22                                     Bolingbrook-10                                          Naperville-14

Plainfield-13                                 St Charles/Campton Hills-10

Short sales accepted this week by Sellers were the same as last week with 6 both weeks.These communities all had 1 each Aurora, Bolingbrook, Oswego, Plano, Sheridan & St Charles/Campton Hills.  Now they will be submitted to the lender to see if they will also accept as written.

Sellers accepted contracts that are contingent on the closing of the buyers current home. 1 with a kick-out clause of 72 hours and 2 with 48 hours.

Contracts were also accepted by Sellers that are contingent on the sale and close of the Buyers current home.  3 with a kick-out clause of 72 hours, 3 with 48 hours and 4 with 24 hours.

You can expect these next couple of weeks to be slow except for maybe closings with the holidays so close.  2019 is expected to be similar to this year.  Interest rates are inching a little higher but they are still good.

Contact us

Call us at 630-503-6555 Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker with all your real estate questions. Our goal is to negotiate price and terms that are best whether buying or selling a home.  We make it our business to find the perfect fit for your needs.

Let us update the current value on your home in today’s market.  We will provide you with an estimate of expenses to sell so you know where you are at.  This will be updated when an offer comes in and we know all the terms of the offer.

Thinking about buying?  Your first step is to contact a loan officer to get pre-qualified so you know what price range you should be in. They will provide you with a letter that will go with an offer when you find a home.

You might want to check out:

Market Update Fox Valley-December 15 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-December 8 2018

Market Update Fox Valley-December 8 2018

Market Update Fox Valley-December 8 2018.  Improved market this week!  New listings this week 175 compared to 156 last week.  We had to get past Thanksgiving and a snow storm.

Closings were down this week.  164 this week compared to 180 last week. That is the difference between the last week of the month to the first week of the month.  These numbers should improve as we head into the end of the month and end of the year.

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

Aurora-New 26 $85,500-$400,000                                               Closed-21 $110,000-$460,000

Batavia-New 5 $270,000-$359,900                                              Closed-12 $149,000-$909,220

Bolingbrook-New 10 $160,000-$324,000                                     Closed-12 $155,000-$362,500

Naperville-New 22 $224,900-$2,399,000                                     Closed-28 $190,525-$645,000

Plainfield-New 22 $224,900-$698,000                                         Closed-24 $208,000-$445,000

St Charles/Campton Hills-New 23 $164,900-$650,000               Closed-15 $227,000-$2,000,000

Yorkville-12 $267,060-$365,546                                                  Closed-11 $175,000-$375,000

First 2 million dollar sale in Kane County this year! It was in St Charles and it was a cash deal.

Contracts Accepted this Week

Contracts accepted this week were slightly up. 138 this week compared to 128 last week.  We just had to get past a holiday and a snow storm.

Short sales were also slightly up this week. 6 this week compared to 2 last week.  They still remain low so that is a good thing.  2 of them were in Aurora.  1 each in Bolingbrook, Plainfield, St Charles/Campton Hills and Sycamore.  Now they will be submitted to the lender to see if they will also accept contract as written.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home.  2 with a kick-out clause of 72 hours and 1 with 48 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home.  5 with a kick-out clause of 72 hours and 2 with 48 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 make it our business to find the perfect fit for your needs.

Let us update the current value on your home in today’s market.  We will provide you with a net proceeds that will show you an estimate of expenses.  Let you know what you need to do to get your home market ready.

If you are thinking about purchasing a home your first step is to contact a loan officer and get pre-qualified.  They will provide you with a letter that will go with an offer when we find a home.  It will say what type of loan you are going for and how much you qualify for so a seller will feel comfortable accepting your offer.

Things you might want to check out:

Market Update Fox Valley-December 8 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-December 1 2018

Market Update Fox Valley-December 1 2018Market update Fox Valley-December 1 2018.   Definitely an increase in new listings this week!  156 this week compared to 90 last week.  Last week was a holiday week so it was a short week.  Next week will be our first full week of December.  The last month of the year.  It is time to start thinking about next year.  If you are thinking about selling in 2019 now is the time to start planning.  You might even want to ask for certain things for gifts to help with fixing something up or replacing something to spruce it up.

Closing this week were also up.  180 this week compared to 122 last week.  This week was the last full week of the month which is always busy.  This next month should be a repeat of this month with a holiday at the end of the month and everyone wanting to close at the end of the month and also the end of the year.

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

Aurora-New 31 $115,360-$499,900                                                   Closed-25 $102,000-$482,000

Bolingbrook-New 13 $189,900-$415,000                                         Closed-19 $115,000-$416,000

Montgomery-New 3 $155,000-$243,800                                          Closed-12 $145,000-$275,000

Naperville-New 22 $219,000-$1,450,000                                          Closed-24 $210,000-$688,000

Plainfield-New 19 $159,900-$589,900                                              Closed-25 $177,500-$572,500

St Charles/Campton Hills-New 15 $174,900-$1200,000               Closed-10 $180,000-$653,833

Contracts Accepted this Week

Market Update Fox Valley-December 1 2018-Contracts Accepted this WeekContracts accepted this week by Sellers were down this week.  128 this week compared to 137 last week.  If you are not from the area last Sunday we had heavy wet snow that I think slowed things down for the beginning of the week.  People were out of power Sunday night into Monday and some even longer than that.

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

Aurora-30                          Bolingbrook-10                                  Geneva-10

Naperville-13                    Plainfield-14                                       St Charles/Campton Hills-11

Short sales accepted this week were the same as last week.  2 were accepted both weeks.  Now they will be submitted to the lender to see if they will also accept contract as written.

Contracts were accepted by Sellers that are contingent on the Buyers closing on their current home before the can purchase.  2 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Sellers also accepted contracts that are contingent of the sale and closing on the Buyers current home. 1 each with a kick-out clause of 72, 48 and 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 whether buying or selling a home.  We make it our business to find the perfect fit for your needs.

Let us update your home value and provide you with a net proceeds so you have an estimate of expenses. This will be updated when an offer comes in and we know all the terms so you can make a decision.

Buyers need to get pre-qualified to begin looking at houses.  The loan officer will provide them with a letter that will go with an offer when they find a home.  This needs to be within the last 30 days or it will have to be updated.

Other things to look at:

Let us know what real estate questions that you have.

Market update Fox Valley-December 1 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