11 23 19 Market Update Fox Valley

Posted on November 23, 2019November 30, 2019 by Kristine Heiman, Designated Managing Broker

11 23 19 Market Update Fox Valley

11 23 19 Market update Fox Valley. New listing this week were down. 166 this week compared to 193 the week before. Not good for buyers that are still out looking. Things are still active so I hope that most people that are thinking about selling are just waiting to get to the other side of the Thanksgiving holiday.

Closed listings were up this week. 224 this week compared to 173 the week before. We are getting to the end of the month. when most buyers want to close.

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

Aurora-New 16 $114,900-$450,000

Closed-39 $61,000-$410,000

Bolingbrook-New 12 $174,900-$449,954

Closed-20 $129,000-$355,000

Geneva-New 6 $239,900-$595,000

Closed-10 $330,000-$1,100,000

Naperville-New 37 $235,000-$1,790,000

Closed-33 $261,000-$1,225,000

Plainfield-New 29 $188,000-$599,900

Closed-27 $165,000-$458.000

St Charles/Campton Hills-

New-14 $225,000-$1,100,000

Closed-New 21 $190,000-$900,000

Yorkville-New 8 $195,000-$349,000

Closed-13 $232,000-$450,000

Contracts accepted this week

Contracts accepted this week were very consistent. 177 this week compared to 178 the week before. We love consistency! You can’t get more consistent than that. Next week the numbers will be off because of the holiday.

Look at the communities that sellers accepted the most contracts this week:

Aurora-16 Batavia-10 Bolingbrook-14

Naperville-37 Oswego-10 Plainfield-20

St Charles/Campton Hills-10 West Chicago-11

Only 2 short sales accepted this week 1 each in Aurora and Bolingbrook. Now they will be submitted to the lender to see if they will also accept contract price and terms.

Sellers accepted contracts that are contingent on the buyer closing on their current home. 7 with a kick-out clause of 72 hours, 3 with 48 hours and 3 with 24 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 3 with 48 hours and 1 with 24 hours.

2019 activity by the month

Month New Closed Contracts accepted

January 878 407 608

February 1,032 465 832

March 1,731 915 1,375

April 1,594 790 1,307

May 2,004 1,391 1,665

June 1,643 1,253 1,218

July 1,423 1,029 1,090

August 1,585 1,403 1,211

September 1,164 765 869

October 1,259 957 959

November 579 573 523

Total 14,892 9,948 11,657

Contact us

Call us at 630-503-6555 with all of your real estate questions. Your goal is our goal. We will guide you through the process whether buying/selling a home.

If you are thinking about selling we will be do a market analysis on your home to let you know what it is worth is today’s market. Provide you with a net proceeds that shows you the 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 good decision.

Thinking about buying a home? Your first step is to get pre-qualifed with a loan officer so you know what type of loan and the price range that will work out best for you.

Check out some great resources:

11 23 19 Market update Fox Valley. 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

Check out another way to search for a home. You can sign up for free! Change it to satellite view and check out the property and where it is located within the neighborhood. If you need help using this great program let me know and I can do a video call and share my screen and guide you through it..

11 2 2019-Market Update Fox Valley

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

11 2 2019-Market Update Fox Valley

11 2 2019-Market update Fox Valley. New listings of single family homes were very consistent this week. 218 this week compared to 216 the week before. How about that for consistency! things are still happening so don’t be afraid to put your home on the market.

Closed listings of single family homes were way up. 219 this week compared to 171 the week before. End of the month is always a busy time for closings. That is when most buyers want to close.

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

Aurora-New 28 $75,000-$479,900

Closed-30 $102,000-$383,500

Bolingbrook-New 14 $130,000-$400,000

Closed-26 $96,500-$382,000

Geneva-New 10 $324,900-$749,900

Closed-3 $348,000-$465,000

Montgomery-New 8 $176,900-$319,660

Closed-13 $135,000-$320,500

Naperville-New 30 $314,900-$1,299,000

Closed-30 $278,000-$1,750,000

Oswego-New 18 $200,000-$549,500

Closed-9 $215,000-$510,000

Plainfield-New 34 $233,000-$700,000

Closed-22 $142,144-$445,000

St Charles/Campton Hills-

New-21 $189,800-$983,000

Closed-10 $110,500-$835,000

West Chicago-New 2 $224,900-$359,108

Closed-10 $100,000-$430,000

Yorkville-New 11 $149,900-$374,900

Closed-11 $165,000-$385,000

Contracts accepted this week

Contracts accepted this week were down slightly. 183 this week compared to 196 the week before. We did get some early winter weather this week and Thursday was Halloween.

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

Aurora-35 Bolingbrook-15 Naperville-20

Plainfield-21 St Charles/Campton Hills-14

Yorkville-11

3 Shorts sales were accepted this week by sellers. 1 each in Aurora, Bolingbrook and West Chicago. Now they will be submitted to the lender to see if they will also accept.

Sellers accepted contracts that are contingent on the buyer closing on their current home. 7 with a kick-out clause of 72 hours and 10 with 48 hours.

Contracts were also accepted by sellers that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 72 hours and 4 with 48 hours.

Keeping tract of contracts accepted is important to keep a eye on how many buyers are still out there willing to write an offer and to also decide if you need to adjust pricing.

2019 look at activity by the month

Month New Closed Contracts accepted

January 878 407 608

February 1,032 465 832

March 1,731 915 1,375

April 1,594 790 1,307

May 2,004 1,391 1,665

June 1,643 1,253 1,218

July 1,423 1,029 1,090

August 1,585 1,403 1,211

September 1,164 765 869

October 1,259 957 959

Total 14,313 9,375 11,134

Not all contracts accepted end up closing. Some of those have gone back on the market and then another contract was accepted. This is the critical time that it is very important to have a good REALTOR® and real estate attorney that will guide the buyer through expectations of a home inspection and negotiate repairs and attorney review.

Contact us

Call us at 630-503-6555 with all of your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goals.

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

If you are looking to buy a home you will need to talk to a loan officer first and get pre-qualified to make sure what type of loan and what price range works out best for you.

Take a look at some great resources:

11 2 2019-Market update Fox Valley. 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

Sign up free for another way to search for a home. You can change to satellite view and it also has a chat feature to interact with me without leaving the app.

10 05 2019-Market Update

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

10 05 2019-Market Update

10 05 2019-Market update. New listings of single family homes here in the Fox Valley went up this week. 291 this week compared to 259 the week before. Great news for buyers that have not found the right home yet or have lost out to multiple offers.

Closed listings of single family homes were also up this week. 235 this week compared to 204 the week before. Some of those might of been on Monday the last day of September.

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

Aurora-New 43 $93,600-$559,000

Closed-20 $91,650-$525,000

Batavia-New 10 $182,500-$525,000

Closed-7 $191,000-$415,000

Bolingbrook-New 14 $149,900-$359,000

Closed-18 $140,000-$439,000

Geneva-New 11 $325,000-$500,000

Closed-8 $280,000-$579,000

Montgomery-New 15 $134,900-$317,900

Closed-13 $98,000-$250,000

Naperville-New 65 $249,900-$1,999,999

Closed-36 $175,000-$1,155,000

Oswego-New 14 $206,800-$799,000

Closed-11 $153,000-$418,000

Plainfield-New 36 $210,000-$550,000

Closed-38 $149,500-$900,000

St Charles/Campton Hills-New 23 $199,900-$2,195,000

Closed-27 $153,000-$968,000

10 05 2019-Market Update Contracts accepted this week

Contracts accepted this week on single family homes were slightly down this week. Not too bad. Only down by 9 listings.

Look at the communities that sellers accepted the most contracts:

Aurora-19 Bolingbrook-21 Geneva-11

Naperville-30 Plainfield-10 St Charles/Campton Hills-19

Yorkville-10

There were no short sales contracts accepted this week. The week before there were 3. Great news!

Contracts were accepted this week that are contingent on the buyer closing on their current home. 9 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Sellers also accepted contracts that are contingent on the buyer selling and closing on their current home. 6 with a kick-out clause of 72 hours and also 6 with 48 hours.

Market activity so far for 2019 in the Fox Valley by the month

New listings Closed listings Contracts accepted

January-878 January-407 January-608

February-1,032 February-465 February-832

March-1,731 March-915 March-1,375

April-1,594 April-790 April-1,307

May-2,004 May-1,391 May-1,665

June-1,643 June-1,253 June-1,218

July-1,423 July-1.029 July-1,090

August-1.585 August-1,403 August-1,211

September-1,164 September-765 September-869

October so far-291 October so far-235 October so far-195

Total-13,345 8,653 10,370

I changed it up this week so you could see the difference side-by-side. Some of those new listings have not sold or canceled and decided not to sell.

Not every listing that receives a contract closes. There are many reasons why they do not close. There could be an issue with the buyer that does not get approved for the loan for some reason. Home inspection or attorney review had issues that they could not agree on resolving. Buyer or seller change their mind about going through with the deal. All very good reasons why you need a good REALTOR® and good real estate Attorney to get you through all the issues that can come up.

It makes sense that May was the biggest month for new listings and contracts accepted and it also makes sense that August was the biggest month for closings. Everything still revolves around the school year. There is still activity though.

Contact us

Call us at 630-503-6555 with all of your real estate questions. Our goal is your goal. We will do everything we can to meet your goal. If it is not reasonable we will let you know.

Let us update the value of your home in today’s market. We will provide you with an estimate of expenses to sell your home so you will know where you are at.

If you want to buy a home your first step is to talk to a loan officer to see if you need to work on your credit score to get ready to buy or what price range and loan type will work for you.

Check out some resources:

Let us know how we can help you.

10 05 2019-market update. 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

630-503-6555

Another way to search for a home that you can sign up for free! I can do a video call and share my screen to show you how it works and all that you can do with it. I think you will really like this!

Fox Valley Market Update July 20 2019

Posted on July 20, 2019July 20, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update July 20 2019

Fox Valley market update July 2019. New listings of single family homes were slightly down this week. 383 this week compared to 407 the week before. Less than a percent nothing to worry about.

2019 new listings by the month:

January-878
February-1,032
March-1,731′
April-1,594
May-2,004
June-1,643
July so far-1,077

9,959 Total

Closed listings were also slightly down. 253 this week compared to 266 the week before. They should increase as we get closer to the end of the month.

Look at the closings so far by the month for 2019:

January- 407
February-465
March-915
April-790
May- 1,391
June-1,253
July so far-776

5,997 Total

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

Aurora-New 39 $129,900-$499,900 Closed-31 $76,000-$384,500

Batavia-New 10 $194,000-$905,000 Closed-3 $263,000-$438,000

Bolingbrook-New 32 $174,900-$749,000 Closed-16 $167,000-$400,000

Geneva-New 15 $245,000-$614,900 Closed-18 $220,000-$799,000

Montgomery-New 13 $174,999-$331,620 Closed-11 $161,000-$288,000

Naperville-New 81 $229,000-$1,299,990 Closed-45 $168,000-$2,050,000

North Aurora-New 10 $182,500-$438,900 Closed-2 $322,500-$396,400

Oswego-New 22 $189,900-$698,000 Closed-11 $202,500-$837,500

Plainfield-New 51 $129,900-$710,000 Closed-30 $147,500-$457,500

St Charles/Campton Hills-New 20 $234,900-$875,000 Closed-23 $190,000-$768,894

Sycamore-New 12 $152,000-$1,200,000 Closed-5 $110,000-$295,000

West Chicago New 12 $109,990-$499,900 Closed-7 $207,000-$440,000

Yorkville-New 19 $174,900-$529,700 Closed-14 $183,000-$570,000

Contracts accepted this week

Contracts accepted this week were slightly up. 284 this week compared to 252 the week before. When a home is in good condition and priced right it will sell. Last week we had an increase in new listings of single family homes so you see the increase in contracts accepted. Not everyone is willing to fix up a home after they move in. So many people today are too busy so they want to move in and start living without having to hire someone to come in and update.

Contracts accepted in 2019 so far by the month:

January-608
February-832
March-1,375
April-1,307
May-1,665
June-1,218
July so far 831

7,836 Total

Not all homes that receive a contract end up closing. Some find out during the home inspection that there are issues that the buyer and seller were not able to negotiate something that they can agree to. Some do not end up getting approved for a loan. There might be something that comes up on their credit that can’t be resolved soon enough. These 2 things are the most important reasons why you need a good loan officer to work with and a good REALTOR to work through these issues along with a good real estate attorney. Do not cut corners with such a big investment.

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

Aurora-52 Batavia-10 Bolingbrook-23

Geneva-11 Naperville-39 Oswego-10

Plainfield-46 St Charles/Campton Hills-23 Yorkville-10

Short sales accepted by seller’s were half of what they were the week before. 2 this week compared to 4 the week before. 1 each in Aurora and Geneva. Now they will get submitted to the lender to see if they will also accept.

Sellers’ accepted contracts this week that are contingent on the buyer closing on their current home before purchasing. 8 with a kick-out clause of 72 hours, 11 with 48 hours and 2 with 24 hours.

Contracts were also accepted by seller’s 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 6 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 buying or selling a home.

Check out these resources:

Let us know what questions you have. We will guide you through the process.

Fox Valley market update July 20 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

Check out this new way of searching for a home. It will ask you to sign up. It is free!

Fox Valley Market Update June 22 2019

Posted on June 22, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update June 22 2019

Fox Valley market update June 22 2019.. New listings of single family homes in the Fox Valley area were slightly higher this week. 444 this week compared to 433 the week before.

2019 look at new listings of single family homes by the month:

January-878
February-1,032
March-1,731
April-1,594
May-2,004
June so far-1,278
Total-8,517

One more week to go in June and it looks like we will not come close to May’s totals for new listings. That is not good for buyer’s that are still trying to find a home.

Closed homes this week were slightly higher. 303 this week compared to 294 the week before. Next week should be very busy for closings.

Closings in 2019 so far of single family homes:

January-407
February-465
March-915
April-790
May-1,391
June so far-923
Total-4,891

A little over 57% of the 8,517 new listings have sold and closed so far far this year.

Take a look at the activity this week in the Fox Valley:

Aurora-New 51 $119,900-$639,900 Closed-34 $125,000-$500,000

Batavia-New 16 $185,000-$629,900 Closed-8 $203,000-$464,000

Bolingbrook-New 27 $129,900-$595,900 Closed-25 $98,175-$405,500

Geneva-New 22 $242,000-$1,295,000 Closed-22 $155,000-$751,000

Montgomery-New 22 $125,000-$330,455 Closed-11 $86,793-$370,056

Naperville-New 102 $174,900-$1,790,000 Closed-52 $202,500-$1,020,000

North Aurora-New 13 $195,000-$430,000 Closed-8 $197,500-$368,500

Oswego-New 26 $199,900-$429,900 Closed-12 $165,000-$370,000

Plainfield-New 38 $172,000-$494,000 Closed-31 $182,000-$595,000

St Charles/Campton Hills-New 36 $109,800-$1,275,000 Closed-29 $150,000-$774,900

West Chicago-New 13 $114,900-$485,000 Closed-8 $165,000-$432,500

Winfield-New 10 $282,900-$799,000 Closed-5 $300,000-$475,000

Yorkville-New 19 $213,000-$1,100,000 Closed-7 $174,000-$375,000

Contracts accepted this week

Contracts accepted of single family homes this week were slightly down. 293 this week compared to 317 last week.

Contracts accepted of single family homes so far in 2019:

January-608
February-832
March-1,375
April-1,307
May-1,665
June so far-946
Total-6,733

That total shows you that about 79% of the homes listed this year have gone under contract. Not all of them have closed. Some have been put back on the market because of buyer not able to get financing or some other reason. Some of that total have gone under contract and reactivated and gone under contract again. Closed totals are the most important.

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

Aurora-45 Batavia-14 Bolingbrook-18

Geneva-12 Montgomery-11 Naperville-50

Oswego-12 Plainfield-38 St Charles/Campton Hills-23

Yorkville-16

Short sales accepted this week by seller’s doubled from last week. 5 this week compared to 2 the week before. Still very low. There were 1 each in Montgomery, Plainfield and Sandwich. 2 in Oswego this week.

Contracts were accepted by seller’s that are contingent on the buyer closing on their current home before purchasing. 12 with a kick-out clause of 72 hours, 16 with 48 hours and 2 with 24 hours.

Seller’s also accepted contracts that are contingent on the buyer selling and closing before they can purchase. 1 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us with any real estate questions you have at 630-503-6555. Jerffery 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 selling, buying or both.

Thinking about selling? We will update the value of your home in today’s market and provide you with a net proceeds that will show you the expenses to sell your home so you know where you are at.

If you are thinking about purchasing your first step is to contact a loan officer to get pre-qualified so you know the type of loan and what price range will work for you.

We will guide your through the process of selling or purchasing. We can make a few recommendations of loan officers, real estate attorneys and inspectors if you don’t know any already. You can choose who you think will workout best for you.

Check out these resources:

Fox Valley market update June 22 2019. Have a great week! Let us know how we can help you.

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 or Kristineheiman@besthomesfv.com

You can also check out a different way to search for a home. Click on satellite view and you can see how the home is situated on the lot. It will show you if it is a corner lot, does it have a backyard and is it fenced in, Is there anything else for sale in the neighborhood.

Fox Valley Market Update May 11 2019

Posted on May 11, 2019May 11, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update May 11 2019

Fox Valley market update May 11 2019. New single family homes listed this week are very consistent. 402 this week compared to 403 the week before., You can’t get more consistent than that! Spring market continues to be strong.

Year to date by the month of new listings of single family homes:

January-878
February-1,032
March-1,731
April-1,594
May so far-805

Closed listings of single family homes this week were lower than last week. 212 this week compared to 301 the week before. We are in the beginning of the month so this is to be expected. Closed listings will increase as we head to the end of the month.

Year to date by the month of closed listings of single family homes:

January-407
February-465
March-915
April-790
May so far-513

Take a look at the activity this week:

Aurora-New 48 $121,900-$995,000 Closed-36 $59,500-$433,000

Batavia-New 10 $229,000-$529,000 Closed-5 $165,000-$575,000

Bolingbrook-New 38 $137,900-$599,900 Closed-14 $136,500-$401,000

Geneva-New 23 $190,500-$1,299,000 Closed-3 $220,000-$320,000

Montgomery-New 25 $157,000-$320,400 Closed-5 $220,000-$297,000

Naperville-New 90 $244,000-$2,995,000 Closed-41 $130,000-$960,000

Oswego-New 19 $174,000-$549,900 Closed-13 $180,000-$416,903

Plainfield-New $40 $151,000-$549,900 Closed-27 $150,000-$727,000

Plano-New 10 $155,000-$316,000 Closed-4 $68,700-$244,000

St Charles/Campton Hills-New 35 $199,000-$1,349,000 Closed-16 $167,000-$772,000

West Chicago-New 10 $224,900-$400,000 Closed-6 $110,000-$540,000

Yorkville-New 13 $239,000-$364,900 Closed-6 $209,500-$335,000

Contract accepted this week

Contracts accepted this week were slightly off of the week before. 302 this week compared to 338 the week before. It was another rainy week. I don’t know if that contributed to it but we are tired of the rain. Next week it looks like only Wednesday will be raining, It is a good time to look at homes when it is raining though to see if there are any leaks or water in basements. So rain sometimes is a good time to look at homes.

Here are the communities that Sellers accepted the most contracts this week:

Aurora-35 Batavia-17 Bolingbrook-23 Geneva-12

Montgomery-12 Naperville-48 Oswego-23 Plainfield-33

St Charles/ Campton Hills-31 Yorkville-10

Year to date by the month of contracts accepted:

January-608
February-832
March-1,375
April-1,307
May so far-640

Short sales accepted are staying consistent. 4 this week compared to 3 the week before. Now they will be submitted to the lender to see if they will also accept as written. 1 each in Bolingbrook, Geneva, St Charles/Campton Hills and West Chicago.

Sellers also accepted contracts that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 12 with 48 hours and 3 with 24 hours.

Contracts 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 selling or buying a home.

Information to check out:

Now is a great time to sell or purchase a home. Many lenders are coming up with new loan programs and they also help out with down payment so it is good to check with them. They also help you with bringing up your credit score so you can hopefully get a better interest rate. Let us know what questions you have.

Fox Valley market update May 11 2019. Have a great week!

Kristine Heiman-Mananging Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

Check out this search tool. If you click on the satellite view you can see where a home for sale is within a neighborhood, if it has a backyard or is fenced in. You can also see what else is for sale and the prices. Let us know how you like it.

Market Update Fox Valley-March 9 2019

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

Market Update Fox Valley-March 9 2019

Market update Fox Valley-March 9 2019. Spring market is here and pretty consistent so far. 327 new listings of homes this week compared to 344 last week.

January total new listings of homes-878
February-1,032
March so far 671

We are only 9 days into March and look at it compared to January. We are on our way at passing up the totals for February as well.

Closed homes this week were down but that is to be expected with the beginning of the month. 131 this week compared to 243 last week.

January closed homes-407
February-465
March so far 374

The numbers should increase as the month continues. You do not want to miss this market if you are wanting to sell this year. It is time to get your home on the market.

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

Aurora-New 32 $132,000-$585,000 Closed-25 $80,000-$385,000

Batavia-New 13 $210,000-$875,000 Closed-4 $219,000-$475,000

Bolingbrook-New 22 $134,900-$539,000 Closed-9 $155,000-$325,000

Geneva-New 13 $239,000-$819,900 Closed-7 $255,000-$363,500

Naperville-New $84 $289,900-$1,569,000 Closed-21 $295,500-$955,000

Oswego-New 22 $172,500-$1,000,000 Closed-6 $212,000-$725,000

Plainfield-New 36 $159,900-$695,000 Closed-13 $154,100-$540,000

St Charles/Campton Hills-New 28 $100,000-$3,895,000 Closed-7 $275,000-$1,000,000

Contracts Accepted this Week

Contracts accepted this week were higher than last week. 267 this week compared to 224 last week. Increased inventory really helped with these numbers this week.

January contracts accepted 608
February 832
March so far 491

We are definitely passing up January numbers and are already passed the halfway mark with February numbers. March should be a fantastic month if new homes continue to come on the market. Inventory of homes to show buyers has been an issue for the last couple of years.

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

Aurora-44 Bolingbrook-24 Montgomery-13 Naperville-54

Oswego-13 Plainfield-25 St Charles/Campton Hills-18

Short sale contracts accepted this week by Sellers increased this week. 8 this week compared to 2 last week. 1 each in Aurora, Bolingbrook, North Aurora, Plano, St Charles/Campton Hills and Sugar Grove. 2 in Montgomery.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home. 5 with a kick-out clause of 72 hours, 7 with 48 hours and 3 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 3 with 48 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 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. Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker ext 101

Are you thinking about selling? We will update the value of your home for today’s market. We will 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.

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

Resources to check out:

loans and the process
VA loans and the requirements
current interest rates
down payment assistance
Illinois home assistance and some communities
school ratings (important even if you will not have kids in school)

Market update Fox Valley-March 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

630-503-6555

besthomesfv@gmail.com

New tool to search you can see a birds eye view of the home and neighborhood so you can see where it is within the block.

Market Update Fox Valley-February 23 2019

Posted on February 23, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-February 23 2019

Market update Fox Valley-February 23 2019. Consistent describes the market this last week. 261 new listings this last week and 265 the week before. The market is increasing as we head into Spring market though. So far January had 878 New listing and February 1,032 and we still have 5 more days to go.

Closed listings this last week were also consistent. 120 this week compared to 118 the week before. January there were 407 closed listings of homes and so far this month there have been 465.

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

Aurora-New 28 $125,500-$515,000 Closed-24 $72,000-$336,250

Batavia-New 11 $200,000-$525,000 Closed-1 $343,000

Bolingbrook-New 14 $177,900-$415,000 Closed-11 $136,500-$390,000

Geneva-New 18 $189,999-$750,000 Closed-4 $200,000-$658,500

Naperville-New 54 $275,000-$2,350,000 Closed-17 $299,423-$1,200,000

Oswego-New 18 $199,900-$1,200,000 Closed-7 $210,000-$469,028

Plainfield-New 31 $185,000-$799,900 Closed-11 $165,000-$465,000

St Charles/Campton Hills-New 25 $269,900-$1,295,000 Closed-11 $215,000-$460,000

Contracts Accepted this Week

Contracts accepted this week were also consistent. 218 this week compared to 224 the week before. January there were 608 contracts accepted and so far February has had 832. It gives you idea of the closings to come.

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

Aurora-29 Batavia-13 Bolingbrook-11 Montgomery-11

Naperville-41 Plainfield-29 St Charles/Campton Hills-22

Short sale contracts accepted this week are still low. 3 this week compared to 6 the week before. 1 each in Bolingbrook, Minooka and Plainfield.

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

Contracts were also accepted by Sellers that are contingent the Buyer still needs to sell and close on their current home before purchasing. 3 with a kick-out clause of 48 hours and 1 with 24 hours.

This is an update of Single-Family homes. If you would like information on attached housing or Multi-units just let us know. We would be happy to give you that information. You can also go to a new prospecting tool that you can access information anytime you like.

Resources

Whether you are thinking of selling or buying a home our goal is to negotiate price and terms that are best.

We can update the value on your home and provide you with a net proceeds so you can see the expenses to sell.

IF you are thinking of buying 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 your situation.

Resources to check out:

Market update Fox Valley-February 23 2019. Have a great week!

Kristine Heiman-Managing Broker

Best Homes Fox Valley-Search for homes today!

200 Webster St

Montgomery, IL 60538

630-503-6555

besthomesfv@gmail.com

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

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 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

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