2021 Market Update Week 11

Posted on March 20, 2021March 20, 2021 by Kristine Heiman, Designated Managing Broker

2021 Market Update Week 11

2021 market update week 11. New listings on single family homes were down this week. 171 this week compared to 218 the week before. We are going in the wrong direction. Today is the first day of Spring. We should be listing more not less homes. Seller’s where are you? Contact me as soon as possible.

Closed listings of single family homes were up this week. 226 this week compared to 177 the week before. We are heading towards the end of the month when most buyers want to close. They should increase next week as well.

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

Aurora-New 16 $99,900-$699,000

Closed-21 $140,000-$544,000

Bolingbrook-New 12 $229,700-$410,000

Closed-12 $217,000-$438,820

Geneva-New 7 $239,900-$574,900

Closed-12 $259,000-$605,000

Naperville-New 53 $269,900-$3,000,000

Closed-51 $287,500-$1,304,000

Oswego-New 5 $269,900-$509,900

Closed-15 $220,000-$505,000

Plainfield-New 24 $183,000-$629,000

Closed-27 $195,000-$584,652

St Charles/Campton Hills-

New 14 $199,900-$1,450,000

Closed-17 $212,100-$1,200,000

Yorkville-New 6 $240,000-$425,000

Closed-10 $240,000-$414,000

You should be able to click on the photo above to see the other communities and price ranges. You might need to look at these other communities that are not your first choice to find a home. They are going fast though everywhere.

Contracts accepted this week

Contracts accepted on single family homes were up this week. 304 accepted this week compared to 289 the week before. Buyers are fighting over the listings that are available. Multiple offers are here to stay until more homes come on the market.

Look at the communities seller’s accepted the most contracts this week:

Aurora-44 Bolingbrook-20

Geneva-18 Montgomery-13

Naperville-57 Oswego-12

Plainfield-47 St Charles/Campton Hills-22

Yorkville-17

2 short sales were accepted by seller’s this week. 1 each in North Aurora and Sycamore. Now they will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts this week that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 6 with 48 hours and 4 with 24 hours.

Also, a seller accepted a contract that is contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours.

I really thought it would happen sooner that seller’s would not accept contracts that buyer’s still had to sell their home and close. With all the competition out there and multiple offers seller’s are looking for the offer that has as few hurdles as possible to get past.

2021 market update by the month

Month New Closed Contracts accepted

January 543 649 829

February 561 604 778

March 579 616 853

Totals 1683 1869 2460

Check back with us every Saturday for the market update. At the end of the month I will compare to 2020 and 2019 so you will have something to compare to so you can see how the market is going.

March is not even over yet and all the totals look like they will be higher than the previous 2 months. We need to at least double the new listings though.

Contact us

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

Request a home valuation if you are thinking about selling. Give us a little information about any updates you have recently completed. We will let you know what your home is worth in today’s market. Provide you with a net proceeds that shows you the expenses to sell. 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? Contact a loan officer with all your financial information to get prequalified. You need to have everything in place and ready to go just in case you find a home. Multiple offers are the norm right now so you might not want to look at the top of your price range unless you have more cash to put down. So many homes are getting offers above the listed price because of low inventory of homes for sale.

Resources:

Let us know if there is other information that you are looking for. I would be happy to point you in the right direction. If you need recommendations for loan officers, home inspectors or real estate attorneys. We can give you a few of each to contact to see which one you would prefer to work with.

2021 market update week 11. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

2021 Market Update Week 10

Posted on March 13, 2021March 13, 2021 by Kristine Heiman, Designated Managing Broker

2021 Market Update Week 10

2021 market update week 10. New listings of single family homes are up again. 218 this week compared to 190 the week before. This is helping but we need to double this and also have a wider range of prices.

Closing listings of single family homes are down. 177 this week compared to 213 the week before. They will increase as we head to the end of the month when most buyers want to close.

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

Aurora-New 26 $160,000-$886,400

Closed-30 $55,700-$600,000

Bolingbrook-New 16 $199,900-$469,000

Closed-11 $212,000-$529,900

Geneva-New 9 $269,900-$670,000

Closed-12 $240,000-$755,689

Naperville-New 56 $300,000-$4,700,000

Closed-33 $270,000-$1,843,000

Plainfield-New 29 $210,000-$565,000

Closed-15 $236,000-$650,000

St Charles/Campton Hills-

New 17 $239,000-$795,000

Closed-12 $175,000-$1,300,000

Yorkville-New 14 $189,900-$629,495

Closed-12 $140,000-$445,000

The median list price this week is $365,000 and the median sales price is $330,000.

Contracts accepted this week

Contracts accepted this week are up. 289 this week compared to 260 the week before. With 218 new listings this week that is not replacing how many went off the market this week. We are still in a seller’s market. Now is the time to sell!

Look at the communities seller’s accepted the most contracts this week:

Aurora-33 Bolingbrook-12

Geneva-17 Naperville-69

Oswego-16 Plainfield-34

St Charles/Campton Hills-21 West Chicago-13

Yorkville-12

No short sales accepted by seller’s this week. That does not mean that there are none available. That is 2 weeks in a row.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 3 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 3 with a kick-out clause of 48 hours.

2021 market update by the month

Month New Closed Contracts accepted

January 543 649 829

February 561 604 778

March 408 390 549

Totals 1512 1643 2156

Check back with us every Saturday for the update. At the end of each month we will also compare to 2020 and 2019 so you can get an idea on how this year is going compared to the 2 previous years.

Contact us

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

It is a great time to sell. There is not enough homes on the market for the amount of buyers out there looking. Prices are rising. Request a home valuation so we can show you what your home is worth in today’s market. We will provide you with a net proceeds that shows you the expenses to sell. This will be updated when an offer comes in and we know all the terms.

Thinking about buying this year? You might want to buy your first home or maybe a home with a little more room. Get 2 years of tax returns, all your income and debt together and contact a loan officer to get prequalified. They will provide you with a letter showing what type of loan and what price works out for you. When you find a home we will send this with an offer to show the seller’s you do qualify for their home. If you wait to find a home it will be too late. Homes are selling fast right now. You need to be ready. If it is older than 30 days you will need to get it updated.

Resources to check out:

It might be worth your time to check the different programs. There is 2 new IDHA programs that one might help out with student debt and the other one if you live there for at least 5 years you might not have to pay it back.

We have many brochures we can email you on Radon, Lead-based paint, understanding the costs and information about special service areas.

2021 Market Update Week 10. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

2021 market update week 8

Posted on February 28, 2021February 28, 2021 by Kristine Heiman, Designated Managing Broker

2021 market update week 8

2021 market update week 8. New listings of single family homes were up this week. 152 this week compared to 133 the week before. We have had a wonderful week with temperatures. It feels like Spring!

Closed listings on single family homes were also up this week. 208 this week compared to 134 the week before. That is the difference of a week at the end of the month when most buyers want to close.

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

Aurora-New 27 $115,000-$775,000

Closed-24 $122,000-$512,000

Bolingbrook-New 5 $269,900-$348,000

Closed-12 $170,000-$432,000

Geneva-New 4 $324,900-$1,150,000

Closed-12 $175,000-$600,000

Naperville-New 43 $299,000-$2,300,000

Closed-41 $265,000-$1,350,000

Oswego-New 7 $325,000-$499,900

Closed-12 $271,000-$387,000

Plainfield-New 11 $250,000-$1,189,000

Closed-23 $205,000-$540,000

St Charles/Campton Hills-

New 7 $269,900-$809,000

Closed-20 $280(which must be a mistake)-$815,000

Yorkville-New 6 $173,900-$364,900

Closed-11 $274,000-$519,900

Contracts accepted this week

Contracts accepted on single family homes were also up this week. 257 this week compared to 242 the week before. You can see the buyers are out there. With only 152 new listings we are not increasing inventory of homes. Now is the time to sell if you are thinking about it. It continues to be a seller’s market with prices increasing.

Look at the communities that seller’s accepted the most contracts:

Aurora-31 Bolingbrook-14

Geneva-13 Naperville-37

Oswego-18 Plainfield-41

St Charles/Campton Hills-24 Yorkville-15

Only 1 short sale was accepted by a seller this week. It was in Elburn. Now it will be submitted to the lender to see if they will also accept.

Seller’s accepted contracts that are contingent on the buyer closing on their current home. 4 with a kick-out clause of 72 hours, 4 with 48 hours and 3 with 24 hours.

Also, seller’s accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 2 with 48 hours and 1 with 24 hours.

2021 market update week 8 and also a look back at 2020 and 2019

2021

Month New Closed Contracts accepted

January 543 649 829

February 561 604 778

totals 1104 1253 1607

2020

January 1105 566 858

February 1267 529 1024

Totals 2372 1095 1882

2019

January 878 407 568

February 1032 463 832

Totals 1910 870 1400

Closed is the column to look at. These are actual numbers. New listings can be relisted and contracts accepted can have an issue come up and go back on the market. Look how low we are with new listings even though more homes have closed this year. If you are wondering why agents are knocking on your door or you are getting something in the mail it is because of the buyers out there with nothing to look at. If you are thinking about selling now is the time.

Check back with us every Saturday for the market update. At the end of each month I will compare it to the previous 2 years so you can see how this year is going.

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 goal.

If you are thinking about selling this year request a home valuation so we can let you know what your home is worth in today’s market. We will provide you with a net proceeds that shows you the expenses to sell. This will be updated when an offer comes in and we know all the terms.

Thinking about buying a home this year? Talk with a loan officer first to get prequalified. Get all your information together and keep it in a folder to keep handy. They will provide you with a letter showing what type of loan and what price works out best for you. When you find a home this will go with your offer to show the seller that you do qualify for their home.

Resources that might help you:

If there is other information that you are looking for let me know and I will point you in the right direction. We can recommend a few real estate attorneys, home inspectors or loan officers so you can choose who you want to work with.

2021 market update week 8. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

2021 market update week 1

Posted on January 9, 2021 by Kristine Heiman, Designated Managing Broker

2021 market update week 1

2021 market update week 1. It is the first full week of 2021. New listings of single family homes almost doubled this week. 136 this week compared to 73 the week before. Now that we are past the holidays things should get rolling along.

Closed single family homes this week were slightly down. 167 this week compared to 178 the week before. Not too bad for the first week of the year. Last week buyers were trying to get closed before the end of the year.

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

Aurora-New 10 $145,000-$399,900

Closed-25 $115,000-$565,000

Batavia-New 2 $349,000-$479,900

Closed-12 $279,000-$525,000

Bolingbrook-New 2 $247,300-$269,900

Closed-17 $185,000-$420,000

Geneva-New 6 $174,900-$449,900

Closed-10 $130,107-$1,050,000

Naperville-New 39 $349,900-$10,500,000

Closed-15 $265,000-$900,000

Oswego-New 12 $289,900-$550,000

Closed-$230,000-$422,400

Plainfield-New 25 $250,000-$699,900

Closed-18 $260,000-$528,317

St Charles/Campton Hills-

New-6 $315,000-$1,190,000

Closed-13 $240,000-$565,000

Yorkville-New 4 $275,000-$699,900

Closed-10 $185,000-$575,000

I highlighted the communities with the most activity. You should be able to click on the photo to see all the communities with activity this week.

If you know you will be purchasing a home for a short time period you might want to stick to the communities that constantly have more activity. It all depends on the price range and what you are looking for.

Contracts accepted this week

This first week of 2021 saw buyers back out there again ready to write offers. Sellers accepted 159 contacts this week compared to 120 the week before.

Look at the communities sellers accepted the most contracts this week;

Aurora-17 Bolingbrook-12

Geneva-13 Naperville-23

Plainfield-13 St Charles/Campton Hills-21

Only 1 short sale was accepted this week by a seller. It was in Sugar Grove. Now it will get 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. 3 with a kick-out clause of 72 hours, 1 with 48 hours and 1 with 24 hours.

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

Resources that might help you

Always check with your loan officer to see what offers they have to help, but these are also worth your time to check.

If there is any other information that you are looking for just let me know I would be happy to point you in the right direction.

Do you need recommendations for loan officers, real estate attorneys or home inspectors? We can recommend a few that we have successfully worked with in in the past.

Contact us

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

Thinking about selling your home this year? Request a home valuation and give us a little information about your home. What updates you have recently completed and when you would like to get your home on the market. We will 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 so you can make a good decision.

If you are thinking about buying a home this year you will need to get some things together and contact a loan officer to get prequalified. 2 years of tax returns, pay stubs, bank statements, car payment information, credit card information and any other monthly expenses. Keep them in a folder. You will need to probably send this information again once you apply for a loan when you find a home. You will be given a letter from your loan officer showing the type of loan and price that you qualify for. We will need to send this with an offer when you find a home.

2021 market update week 1. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Market update Fox Valley week 51

Posted on December 19, 2020December 19, 2020 by Kristine Heiman, Designated Managing Broker

Market update Fox Valley week 51

Market update Fox Valley week 51. New listings this week were down almost 32%. 100 new listings of single family homes this week compared to 147 the week before. Sellers are waiting to get through the holiday at this point. Next couple of weeks it should improve.

Closed listings were consistent with the week before. 242 closed single family homes this week compared to 241 the week before. Next week is the last week of the month and year so there should be an increase then.

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

Aurora-New 13 $179,000-$350,000

Closed-34 $108,500-$675,000

Bolingbrook-New 6 $245,000-$509,900

Closed-10 $165,000-$429,000

Naperville-New 15 $395,000-$1,195,000

Closed-48 $140,000-$2,900,000

Oswego-New 3 $345,000-$450,000

Closed-10 $235,000-$498,000

Plainfield-New 13 $235,000-$554,000

Closed-28 $230,000-$550,000

St Charles/Campton Hills-

New-3 $414,900-$995,000

Closed-23 $196,500-$760,000

Yorkville-New 15 $268,490-$345,000

Closed-13 $217,000-$705,001

Contracts accepted this week

Contracts accepted this week by sellers was pretty consistent. 189 single family homes accepted this week compared to 194 the week before. Definitely some excited buyers and sellers right before Christmas! Finding a home or getting a contract on your home is the first step to reaching your goal.

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

Aurora-27 Naperville-27

Oswego-12 Plainfield-25

St Charles/Campton Hills-17 West Chicago-10

2 short sales were accepted by sellers this week. 1 each in Naperville and Sugar Grove. 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. 4 with a kick-out clause of 72 hours, 9 with 48 hours and 1 with 24 hours.

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home. Only one this week with a kick-out clause of 48 hours.

2020 by the month

Month New Closed Contracts accepted

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

July 1417 1453 1852

August 1037 1335 1436

September 1176 1503 1503

October 843 1116 1159

November 567 985 699

December 377 630 570

Totals 12207 11528 13933

Closed listings of single family homes is the most important column to look at. This is actual numbers. September was the best month so far this year followed by July then August.

New listing numbers you can’t count on because some of them were canceled and relisted. The same for contracts accepted. Some of them did not make it through the home inspection and attorney review period for many different reasons and were put back on the market and then get a contract again.

It continues to be a sellers market. Low inventory is causing prices to go up and we are seeing multiple offers continue with so many buyers still trying to find a home.

Next week is the last week of the year. We will compare this year to 2019 and 2018 so you can see how this year compares to the previous 2 years.

Contact us

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

If you are thinking about selling your home request a home valuation so we can let you know what your home is worth in today’s market. We will provide you with a net proceeds that shows you an estimate of expenses to sell and what you might walk away with at closing. 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 in 2021? You need to contact a loan officer to get prequalified first. Get 2 years of tax returns, pay stubs, bank statements, credit card payments, car payments and any other payments you make monthly together and get them to a loan officer so you can see what price range and what type of loan will work out best for you. They will provide you with a letter that shows what you qualify for and that will go with an offer when you find the right home. Sellers want to know that you qualify for their home before they will consider your offer.

Check out some great resources:

Let us know if you are looking for any other information and we will be happy to point you in the right direction.

Market update Fox Valley week 51. Have a great week and Merry Christmas!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Market update Fox Valley week 46

Posted on November 15, 2020November 15, 2020 by Kristine Heiman, Designated Managing Broker

Market update Fox Valley week 46

Market update Fox Valley week 46. New listings of single family homes are down 12.64%. 152 this week compared to 174 the week before. We are definitely not listing enough homes to meet the demand of buyers.

Closed listings of single family homes are also down by 30.18%. 199 this week compared to 285 the week before. Closings in the beginning of the month are to be expected. Most buyers want to close at the end of the month.

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

Aurora-New 20 $139,900-$389,000

Closed-25 $80,.000-$450,000

Batavia-New 3 $239,000-$335,000

Closed-10 $212,000-$435,000

Bolingbrook-New 11 $229,900-$414,900

Closed-7 $205,000-$576,000

Montgomery-New 4 $188,900-$389,000

Closed-10 $197,950-$339,000

Naperville-New 25 $275,000-$849,900

Closed-33 $247,000-$1,480,000

Oswego-New 6 $239,900-$525,000

Closed-12 $210,000-$437,500

Plainfield-New 22 $169,000-$569,000

Closed-24 $190,500-$537,500

St Charles/Campton Hills-

New-13 $229,000-$789.800

Closed-14 $190,000-$667,449

Contracts accepted this week

Contracts accepted this week on single family homes were very consistent. 239 this week compared to 233 the week before. Even though there were less listings this week buyers were still finding a home. They fought for them with multiple offers in a lot of cases.

Look at the communities sellers accepted the most contracts:

Aurora-45 Bolingbrook-20

Naperville-26 Oswego-17

Plainfield-28 St Charles/Campton Hills-18

Yorkville-10

Only 1 short sale was accepted by a seller this week. It was in Plano. Now it 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. 3 with a kick-out clause of 72 hours, 14 with 48 hours and 4 with 24 hours.

Also, sellers accepted contracts that are contingent on the buyer selling and closing on their current home. 1 with a kick-out clause of 72 hours, 4 with 48 hours and 1 with 24 hours.

2020 market update by the month

Month New Closed Contracts accepted

January 1105 566 858

February 1267 529 1024

March 1186 707 1079

April 648 786 775

May 1352 1010 1444

June 1232 908 1534

July 1417 1453 1852

August 1037 1335 1436

September 1176 1503 1503

October 843 1116 1159

November 326 484 472

Totals 11589 10397 13136

September is the best month so far this year for closed single family homes. This is the only column with actual numbers you can count on.

New listings can be relisted as new. Some agents do this so it does not look like it has been on the market very long.

Contract accepted may not end up closing because of home inspection issues or attorney review items could not be satisfactory negotiated. They might be reactivated and then go contract pending again. So you can’t count on these numbers.

At the end of each month I will compare to 2019 and 2018 so you can get an idea of how this year is going compared to those years.

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 goal.

Request a home valuation if you are thinking about selling your home. We will provide you with a net proceeds that gives you an estimate of the expenses to sell. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Are you thinking about buying a home? You need to get your tax returns, check stubs, bank statements and any monthly payments like car payments together and contact a loan officer so they can prequalify you. They will provide you with a letter that shows what price and what type of loan you qualify for. When you find a home this will go with an offer so you can show the seller you do qualify for their home.

Check out some great resources:

Also check with your lender for any special programs they have. You might be able to combine down payment assistance with some of their programs.

Homes are selling like hotcakes so if you are thinking about selling now is a great time!

Check back with us every Saturday for the market update. Call us in-between with any questions or if you see something you would like to take a look at.

Market update Fox Valley week 46. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

Fox Valley market update 1-18-2020

Posted on January 18, 2020 by Kristine Heiman, Designated Managing Broker

Fox Valley market update 1-18-2020

Fox Valley market update 1-18-2020. New listings increased 13.3%. 247 this week compared to 218 the week before. That is great news for buyers that continue to search for just the right home to purchase. Choices are good! You still might have to find the home with the right amount of space and make it into your own.

Closings this week were exactly the same. 108 this week and the last. They should increase as we head into the end of the month when most buyers want to close.

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

Aurora-New 22 $109,900-$539,900

Closed-19 $70,007-$385,000

Bolingbrook-New 15 $164,900-$375,000

Closed-4 $159,000-$364,900

Geneva-New 16 $157,500-$899,900

Closed-9 $110,000-$602,000

Naperville-New 51 $269,989-$1,695,000

Closed-22 $295,000-$1,130,013

Oswego-New 15 $243,000-$445,000

Closed-2 $309,000-$365,000

Plainfield-New 38 $178,000-$830,000

Closed-13 $184,000-$405,000

St Charles/Campton Hills-

New 22 $78,900-$1,700,000

Closed-6 $175,000-$855,000

Yorkville-New 10 $229,000-$540,000

Closed-3 $130,000-$292,990

Contracts accepted this week

Contracts accepted this week rose just over 9%. 174 this week compared to 159 the week before. Buyers are looking for homes year round so don’t think this is not a good time to sell. If the location, condition and price are right it will sell. If you can’t update or change the condition the price might need to go down until the market shows you that you have finally hit the right spot.

Communities that sellers have accepted the most contracts this week:

Aurora-33 Bolingbrook-15

Naperville-23 Plainfield-19

St Charles/Campton Hills-12

The MLS has combined St Charles and Campton Hills if you are wondering why we always combine them. These are the communities in the Fox Valley that are consistently the most active.

Only 1 short sales was accepted this week. It was in Bolingbrook. Now it will be 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. 1 with a kick-out clause of 72 hours and 6 with 48 hours.

Also sellers accepted contracts that are contingent on the buyer selling and closing on their current home. 2 with a kick-out clause of 72 hours, 2 with 48 hours and 1 with 24 hours.

2020 by the month

Month New Closed Contracts accepted

January 603 334 440

Not bad for only 2 1/2 weeks into the new year. Activity happens no matter what time of year it is. You might want to get your home on the market now so you have less competition then when Spring market hits. If you are a buyer keep an eye on the new listings coming up and make sure your pre-approval letter is up to date. No more than 30 days old.

Contact us

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

Let us update the value of your home in 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.

Are you looking to buy this year? Make sure you contact a loan officer to get pre-approved so you are ready to go. We will not show homes without it. You don’t want to fall in love with a home that will not work for you. You need to find out the price range and what type of loan that will work out best for you.

Check out some great resources:

If you need recommendations for loan officers, real estate attorneys and home inspectors we will be happy to provide you with a few of each to consider.

Fox Valley market update 1-18-2020. Have a great week!

Kristine Heiman, Designated Managing Broker

Best Homes Fox Valley-Search for a home today!

200 Webster St

Montgomery, IL 60538

630-503-6555 ext 101

besthomesfv@gmail.com

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