Market Update Fox Valley-February 16 2019

Posted on February 16, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-February 16, 2019

Market 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

Contracts 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

Posted on February 9, 2019 by Kristine Heiman, Designated Managing Broker

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. 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

Contracts 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

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

Posted on February 2, 2019 by Kristine Heiman, Designated Managing Broker

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

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

Posted on January 26, 2019 by Kristine Heiman, Designated Managing Broker

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

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

Posted on January 19, 2019 by Kristine Heiman, Designated Managing Broker

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

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 12 2019

Posted on January 12, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley

Market Update Fox Valley-January 12 2019. New listings are really starting to pick up. 279 new listings this week compared to 166 last week. Buyers you now have more choices to choose from. If you need to update your preapproval letter now is the time to do that. It should be no older than 30 days.

Closing this week were pretty close to last week. 101 closings this week compared to 109 last week. Last week some of them were ones that didn’t close by the end of December and had to carry over into the new month. The beginning of the month is usually slower with closings. They should pick up as we get closer to the end of the month. That is when most buyers want to close so they can bring less money to closing.

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

Aurora-New 38 $132,500-$499,000 Closed-12 $50,500-$359,900

Bolingbrook-New 13 $159,900-$395,000 Closed-10 $145,000-$402,000

Geneva-New 10 $195,000-$929,900 Closed-5 $205,000-$522,153

Naperville-New 65 $249,000-$1,225,000 Closed-17 $150,000-$1,260,000

Plainfield-New 42 $174,000-$725,000 Closed-10 $167,000-$475,000

St Charles/Campton Hills-New 27 $225,000-$1,200,000 Closed-8 $244,000-$625,000

Yorkville-New 16 $199,900-$499,900 Closed-2 $207,500-$365,000

Contracts Accepted this Week

Contracts accepted this week were slightly up. 129 contracts accepted by Sellers this week compared to 114 last week. Things are starting to pick back up after the holidays. More inventory might get even more people out this week. If you are thinking about selling now is a good time to beat the Spring rush where you will have more competition to sell.

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

Aurora-21 Bolingbrook-15 Naperville-20

Plainfield-18 St Charles/Campton Hills-13

Accepted contracts for short sales doubled this week. 8 this week compared to 4 last week. Now they will be submitted to the lender to see if they will also accept as written. These numbers are still very low and we hope they stay that way. 2 of those were properties in Aurora and 1 each in Batavia, Bolingbrook, Montgomery, North Aurora, St Charles/Campton Hills & West Chicago.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing. 3 with a kick-out clause of 72 hours, 2 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. 1 with a kick-out clause of 72 hours and also 1 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 with all of your real estate questions. 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 you the perfect fit for your needs.

Do you need to find a loan officer? We can make some recommendations of ones we have successfully worked with so you can get preapproved. The letter they provide you with will need to go with an offer when we find a home that you like.

Thinking about selling this year? Contact us to update the value on your home in the current market and let you know what you need to do to get your home market ready. We will provide you with a net proceeds that is an estimate of expenses to sell. This will be updated when an offer comes in and we know all of the terms so you can make an informed decision.

Things you might want to check out:

This market update is for Single Family homes only. If you would like information on other types of properties let us know. We would be happy to provide it to you.

Market update Fox Valley-January 12 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

Posted on January 5, 2019 by Kristine Heiman, Designated Managing Broker

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

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-December 29 2018

Posted on December 29, 2018 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley

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

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 22 2018

Posted on December 22, 2018 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-December 22 2018

Market update Fox Valley-December 22 2018. New listings were up this week. 134 this week compared to 119 last week. Most communities saw lower new listings this week than normal. Oswego new listings were higher than normal.

Closed listings this week were slightly higher. 167 this week compared to 152 last week. This was the last full week of 2018. Next week with the holiday there will only be 3 business days. We will see if the the numbers go up next week with people trying to close before the end of the year.

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

Aurora-New 22 $60,000-$599,900 Closed-28 $91,035-$370,000

Bolingbrook-New 10 $174,900-$359,900 Closed-14 $119,000-$430,000

Naperville-New 8 $289,000-$759,000 Closed-17 $282,500-$1,178,029

Oswego-New 32 $249,900-$414,480 Closed-9 $200,000-$540,156

Plainfield-New 11 $174,900-$413,777 Closed-22 $179,101-$515,000

St Charles/Campton Hills-New 8 $310,000-$1,350,000 Closed-14 $152,900-$810,000

Contracts Accepted this Week

Contracts accepted this week were almost the same as last week. 121 this week compared to 126 last week. People are still buying even throughout the holidays. No it is not Spring market but things have not stopped completely.

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

Aurora-26 Naperville-19 Plainfield-18

Short sales were down this week. 4 this week compared to 6 last week. We are so happy to see these numbers remain low. 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 closing of the Buyers current home. 2 with a kick-out clause of 48 hours.

Contracts were also accepted by Sellers that are contingent of the sale and closing of the Buyers current home. 1 each with a kick-out clause of 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 you are buying or selling a home. W make it our business to find the perfect fit for your needs.

If you are thinking 2019 is the year you would like to make a move we will update the current value on your home and provide you with a net proceeds that shows you an estimate of expenses to sell. This will be updated when an offer comes in and we know all the terms.

Have you been thinking about buying a home? Your first step is to contact a loan officer to get pre-qualified so you know the price range and what type of loan will work out best for you. They will provide you with a letter showing what you qualify for that will go with an offer when you do find the right home.

Things to check out:

Market update Fox Valley-December 22 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-August 4 2018

Posted on August 4, 2018 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-August 4 2018

Market update Fox Valley-August 4 2018. This week we saw a very nice increase in new listings of single family homes. 363 this week compared to 294 last week. Sellers are finishing up with their vacations and getting down to business of putting their homes on the market.

Closed listings were also up this week. 294 this week compared to 268 last week. Most of those closing probably happened on Monday and Tuesday the last 2 days of the month. These next 2 weeks might be unusually more active with buyers wanting to close before school starts. Buyer usually try to close the end of the month so they bring less money to closing.

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

Aurora-New 35 $105,000-$474,900 Closed-62 $65,000-$584,900

Batavia-New 9 $214,900-$619,000 Closed-11 $139,000-$523,000

Bolingbrook-New 25 $136,500-$424,900 Closed-27 $155,000-$580,000

Elburn-New 10 $289,900-$1,595,000 Closed-5 $169,900-$380,000

Geneva-New 20 $219,000-$890,000 Closed-21 $198,500-$660,000

Montgomery-New 11 $179,900-$269,962 Closed-20 $135,000-$265,000

Naperville-New 74 $225,000-$6,800,000 Closed-40 $190,000-$1,420,000

Oswego-New 21 $165,000-$375,000 Closed-19 $123,500-$525,600

Plainfield-New 45 $150,000-$565,000 Closed-37 $175,000-$537,500

Plano-New 10 $115,000-$259,900 Closed-10 $23,000-$273,200

St Charles/Campton Hills-New 33 $130,000-$850,000 Closed-31 $197,500-$815,000

West Chicago-New 11 $237,500-$499,000 Closed-12 $160,000-$518,000

Yorkville-New 12 $209,888-$349,900 Closed-13 $179,900-$405,000

Market Update Fox Valley-August 4 2018-Contracts Accepted This Week

Contracts accepted this week were down. 254 this week compared to 278 last week. We should see an increase next week with all the new listings from this week. More listings to choose from which is great for buyers still looking.

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

Aurora-44 Batavia-14 Bolingbrook-17

Montgomery-14 Naperville-39 Oswego-21

Plainfield-22 St Charles/Campton Hills-21 Yorkville-10

Homes that are selling as a short sale also saw contracts accepted this week. 3 this week compared to 4 last week. We are happy to continue to see low numbers on these homes. Prices have increased with low inventory and so many homeowners are able to sell at what they owe or more so we are not seeing so many selling as a short sale. Now they will be submitted to the lender to see if they will also accept contract as written.

Sellers accepted contracts that are contingent on the buyer closing on their current home. Buyers have already accepted a contract on their home but need to close to purchase. 3 with a kick-out clause of 72 hours, 13 with 48 hours and 4 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling their home and closing. Buyers might or might not already have their current home on the market. They still need to sell their home and close before purchasing. 5 with a kick-out clause of 72 hours, 4 with 48 hours and 2 with 24 hours.

Contact us

Let us do a market analysis on your home to let you know the value in the current market. We will provide you with a net proceeds so you know the costs to sell your home so you have an estimate of what you will walk away with at closing. We will also update this when an offer comes in and we know all the terms of the offer so you can make an informed decision.

Learn about the different types of loans and the process so when you talk to a loan officer to get pre approved for a loan you are ready with good questions to ask. This is the first step before looking for a home. You will need a letter from a loan officer showing what you qualify for when you find the right home. It will be submitted with your offer so sellers know that you qualify for their home before they will accept it.

If you are a veteran you will need to know the requirements and process for getting a VA loan. This might be a good time for you to use your benefits.

It is always a good idea to see what is out there that might help you with down payment or closing costs when you are purchasing. There are a lot of programs out there. It might be worth it to take some time to take a look. Some communities also offer help. You might also want to go to the community website you are looking in.

Do you know where the current interest rates are? Your credit score will determine what you are offered. Your loan officer might be able to help you to bring up your score so you get the best interest rate.

Market update Fox Valley-August 4 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