Fox Valley Market Update-April 27 2019

Posted on April 27, 2019 by Kristine Heiman, Designated Managing Broker

Fox Valley Market Update-April 27 2019

Fox Valley market update-April 27 2019. New listings of single family homes are up this week! 405 this week compared to 341 the week before. Great news for buyers that are having a hard time finding just the right home in the right location. There is more to choose from. If you are having a hard time finding a home in a certain location let us know. We will see what we can do.

Look at the activity so far for this year for New listings of home:

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

There is only 3 days left of the month so I do not think we will catch up to March totals.

Closed listings this week were exactly the same as the week before. 208 this week and also the week before. Monday and Tuesday will be busy with closings so that will bring up the total for the first week in May.

Closed listings for the year so far:

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

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

Aurora-New 46 $119,900-$1,250,000 Closed-28 $75,000-$414,000

Batavia-New 16 $239,900-$579,900 Closed-3 $214,000-$522,000

Bolingbrook-New 28 $173,900-$785,000 Closed-23 $129,150-$340,000

Geneva-New 17 $229,900-$995,000 Closed-12 $196,000-$545,000

Naperville-New 93 $259,900-$2,299,000 Closed-28 $300,000-$851,000

North Aurora-New 12 $184,900-$464,774 Closed-4 $215,000-$328,000

Oswego-New 25 $187,900-$749,000 Closed-11 $154,000-$437,900

Plainfield-New 44 $155,000-$1,300,000 Closed-25 $170,000-$399,000

St Charles/Campton Hills-New 32 $225,000-$899,900 Closed-13 $204,900-$755,000

Sycamore-New 11 $145,000-$499,900 Closed-7 $40,000-$339,900

Yorkville-New 18 $160,000-$455,000 Closed-11 $215,000-$499,990

Contracts Accepted this Week

Contracts accepted this week were down. 311 this week compared to 341 the week before.

Sellers accepted the most contracts in these communities this week:

Aurora-34 Batavia-11 Bolingbrook-19 Geneva-13

Montgomery-12 Naperville-47 Oswego-25 Plainfield-36

St Charles/Campton Hills-28 West Chicago-10 Yorkville-10

Look at the year so far:

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

It looks like March is the best month so far this year in the Fox Valley area.

Short sales this week were also down. 3 this week compared to 7 the week before. There was 1 each in Aurora, Bolingbrook and Plainfield accepted this week. 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 before purchasing. 5 with a kick-out clause o f72 hours, 18 with 48 hours and 5 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 2 with 24 hours.

Contact us

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

If you are thinking about selling this year right now is the best time to sell. Don’t miss out on Spring market.

Are you thinking about purchasing? Your first step is to contact a loan officer to get pre-qualified so you know what type of loan and price range will work out best for you.

Resources to check out:

Fox Valley market update-April 27 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

Try out a different way to search for a home that lets you see where in the neighborhood the home is situated. Does it have a back yard? Is there anything else in the neighborhood for sale? What are the prices.

Fox Valley Market Update-April 20 2019

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

Fox Valley Market Update-April 20 2019

Fox Valley market update-April 20 2019. New listings of single family homes this week were way down. 341 this week compared to 433 the week before. This is most likely due the the holiday. They might want to wait for showings to start after the holiday because of going out of town or company coming into town.

New listings by the month so far:

January-878
February-1,032
March-1,731
April so far-1,189

Closings were slightly up this week. 208 this week compared to 174 the week before. We are getting closer to the end of the month so these numbers will rise as we head closer to the end of the month.

Closings by the month so far:

January-407
February-465
March-915
April so far-582

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

Aurora-New 48 $65,700-$609,600 Closed-35 $100,000-$395,000

Bolingbrook-New 27 $154,000-$389,900 Closed-12 $147,000-$365,000

Geneva-New 11 $185,000-$750,000 Closed-8 $255,000-$459,000

Naperville-New 55 $232,500-$1,999,000 Closed-44 $245,000-$1,080,000

Oswego-New 22 $190,000-$429,900 Closed-14 $190,000-$381,000

Plainfield-New 46 $159,900-$997,000 Closed-24 $132,500-$480,000

St Charles/Campton Hills-New 34 $189,000-$899,900 Closed-14 $151,000-$520,000

West Chicago-New 12 $200,000-$514,999 Closed-6 $235,000-$500,000

Yorkville-New 14 $210,000-$524,750 Closed-6 $214,900-$373,900

Contracts Accepted this Week

Contracts accepted this week were very consistent. 341 this week compared to 346 the week before. That is good news!

Contracts accepted so far by the month:

January-608
February-832
March-1,375
April so far-996

Fox Valley market is steadily improving. It is still a great time to get your home on the market!

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

Aurora-36 Bolingbrook-25 Geneva-19

Montgomery-16 Naperville-73 Oswego-20

Plainfield-41 St Charles/Campton Hills-27 Yorkville-11

Short sales accepted by Sellers was slightly up this week. 7 this week compared to 5 last week. We are happy to see this numbers remain low. This week there were 3 accepted in Naperville, 2 in Aurora and 1 each in Bolingbrook and Sheridan.

Contracts were also accepted by Sellers that are contingent on the Buyer closing on their current home before purchasing. 7 with a kick-out clause of 72 hours, 14 with 48 hours and 4 with 24 hours.

Sellers also accepted contracts 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 5 with 48 hours.

Contact us

Your first step if you are thinking about purchasing is to get in touch with a loan officer to get pre-qualified. They will let you know what price range you should stay in and what type of loan will work out best for you. If you have not considered buying a home because the rules have been too strict for your situation it is worth your time to call to see. New loans with assistance and no documentation loans are now available. Do you need a recommendation for a loan officer to contact? Just let us know and we will make some recommendations.

If this is the year you are thinking about selling now is the best time of the year to sell. We will update your market value and provide you with a net proceeds that shows an estimate of expenses so you know where you are at. This will be updated when an offer comes in and we know all the terms so you can make a good decision.

Resources to check out:

Fox Valley market update-April 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

A new search tool that you should take a look at. I like this one because you can see a bird’s eye view and see if the home has a backyard, on a corner lot or what else is for sale in the neighborhood and the prices.

Market Update Fox Valley-April 6 2019

Posted on April 6, 2019April 6, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-April 6 2019

Market update Fox Valley-April 6 2019. The market continues to improve. New listing this week were up. 415 new single family homes listed compared to 351 last week. As you can see, if you are looking for a home above $200,000 you have a better chance of finding something that fits your needs. If you are below that you have to look a little harder or expand the communities that you are looking in.

So far this year the new listing have continued to increase:

January-878
February-1,032
March-1,731
April- so far 415

Closed listings this week were consistent with the week before. 202 this week compared to 200 the week before. Usually the first week of the month are lower. Most buyers want to close at the end of the month.

So far this year the closing have also increased:

January-407
February-465
March-915
April- so far 200

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

Aurora-New 53 $129,900-$609,900 Closed-36 $50,000-$625,000

Batavia-New 11 $249,900-$650,000 Closed-7 $245,000-$427,500

Bolingbrook-New 24 $199,500-$539,900 Closed-16 $165,000-$375,000

Geneva-New 23 $199,900-$1,250,000 Closed-4 $196,500-$321,000

Montgomery-New 11 $173,000-$299,000 Closed-10 $164,000-$279,500

Naperville-New 87 $255,000-$1,850,000 Closed-31 $260,000-$781,000

North Aurora-New 10 $239,000-$350,000 Closed-3 $270,000-$415,000

Oswego-New 27 $220,000-$540,000 Closed-11 $187,000-$375,000

Plainfield-New 48 $148,000-$730,000 Closed-23 $149,000-$495,000

St Charles/Campton HIlls-New 30 $174,900-$1,075,000 Closed-16 $67,500-$614,900

West Chicago-New 11 $99,900-$665,000 Closed-6 $220,000-$442,000

Winfield-New 13 $264,900-$855,000 Closed-2 $254,000-$520,000

Yorkville-New 14 $189,900-$660,000 Closed-6 $212,000-$352,500

Contracts Accepted this Week

Contracts accepted this week were slightly higher this week. 309 this week compared to 297 the week before. With more homes coming on the market these numbers should steadily increase as the month continues.

Accepted contracts so far this year:

January-608
February-832
March-1,375
April so far 309

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

Aurora-48 Bolingbrook-18 Geneva-12 Montgomery-18

Naperville-54 Oswego-21 Plainfield-35 St Charles/Campton Hills-30

Short sales accepted this week by Sellers was slightly up this week. 5 this week compared to 3 the week before. These numbers are still very low. That is a good thing. There was 1 each in Montgomery, Naperville, Oswego, Plano & St Charles/Campton Hills.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours and 11 with 48 hours.

Contracts were also accepted by Sellers that the Buyer still needs to sell their current home and close before purchasing. 3 with a kick-out clause of 72 hours and 4 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 selling or buying a home. We will explain the process so you know what to expect. Give recommendations of loan officers, real estate attorneys, home inspectors to contact that we have successfully worked with.

Resources to check out:

Market update Fox Valley-April 6 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

Another way to search for homes.

Market Update Fox Valley-March 30 2019

Posted on March 30, 2019 by Kristine Heiman, Designated Managing Broker

Market Update Fox Valley-March 30 2019

Market update Fox Valley-March 30 2019. New listings of homes this week were consistent with last week. 351 this week compared to 359 the week before. March was very consistent throughout the month. You should be able to click on the picture above to make it bigger. If you would like me to email it to you let us know.

New listings so far this year:

January-878
February-1,032
March-1,731

There is 1 more day this month but it is a Sunday so we will add it in to next weeks totals. You can see it was a steady increase from January- March.

Closed listings of homes increased this week. Most Buyers like to close at the end of the month so that was expected.

Closed homes so far this year:

January-407
February-465
March-915

Look at the increase of closings in March! More than doubled from January and almost doubled from February. We are on the road to a good Spring market! Now is the time to sell if you want to make a move this year.

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

Aurora-New 33 $127,900-$624,900 Closed-36 $130,000-$463,000

Batavia-New 9 $195,000-$490,000 Closed-11 $150,000-$471,400

Bolingbrook-New 26 $174,000-$599,999 Closed-16 $157,100-$405,000

Geneva-New 23 $200,000-$959,000 Closed-8 $160,000-$618,500

Montgomery-New 20 $174,900-$336,900 Closed-10 $140,000-$312,900

Naperville-New 63 $249,900-$1,500,000 Closed-41 $255,000-$834,056

Oswego-New 24 $184,900-$1,550,000 Closed-9 $182,400-$343,900

Plainfield-New 39 $149,000-$1,995,000 Closed-22 $206,500-$550,000

St Charles/Campton Hills-New 33 $264,900-$2,495,000 Closed-11 $232,000-$627,240

Yorkville-New 28 $150,000-$549,000 Closed-11 $225,800-$345,900

Contracts Accepted this Week

Contracts accepted this week were consistent with last week. 297 this week compared to 304 last week. So far this year:

January-608
February-832
March-1,375

March was more than double January totals. We will see if April is double February totals.

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

Aurora-43 Bolingbrook-23 Geneva-14 Montgomery-16

Naperville-49 Oswego-12 Plainfield-36 St Charles/Campton Hills-20

West Chicago-12 Yorkville-11

Short sales accepted were also consistent with last week. 3 this week compared to 4 the week before. 1 each in Aurora, Bolingbrook & Plainfield.

Sellers accepted contracts that are contingent on the closing of the Buyers current home. 3 with a kick-out Clause of 72 hours, 9 with 48 hours and 4 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling and closing on their current home. 4 with a kick-out clause of 72 hours, 6 with 48 hours and 2 with 24 hours.

Contact us

Give a call 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 can update the value on your home in the current market. Provide you with a net proceeds that shows you the expenses to sell. We will update this when an offer comes in and we know all the terms.

If you are thinking about buying a home you need to get pre-qualified with a loan officer first. They will give you a letter that will go with an offer when we find you a home. It states what you qualify for and what type of loan you will be going for.

Things to check out:

Market update Fox Valley-March 30 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

Another Search tool – You can see a bird eye view to see where a home is within the block and what is for sale around it. Let us know which one you like better.

Market Update Fox Valley-March 23 2019

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

Market Update Fox Valley-March 23 2019

Market update Fox Valley-March 23 2019. New listings of homes this week were consistent with last week. 359 this week compared to 350 last week.

New listings so far this year:

January-878
February-1,032
March so far 1,380

We still have 8 days left of the month. You can see how things are progressing. Spring is here and the weather is starting to improve. If you want to sell this year now is the time to do it.

Closed listings of homes this week were slightly up. 175 this week compared to 166 last week. These numbers will increase next week because it is the last full week of the month. That is when most Buyers want to close.

Closing so far this year:

January-407
February-465
March so far-715

The numbers for March might double February totals.

Take a look at the activity this week:

Aurora-New 40 $100,000-$498,000 Closed-25 $125,000-$572,000

Batavia-New 13 $172,500-$585,000 Closed-3 $112,000-$455,000

Bolingbrook-New 24 $225,000-$475,000 Closed-17 $152,500-$442,000

Elburn-New 10 $267,900-$995,000 Closed-3 $282,000-$450,000

Geneva-New 14 $294,900-$975,000 Closed-11 $190,000-$1,000,000

Montgomery-New 17 $145,000-$314,900 Closed-10 $129,000-$269,900

Naperville-New 80 $250,000-$1,590,000 Closed-23 $270,000-$1,450,000

Oswego-New 18 $180,000-$539,000 Closed-7 $258,000-$473,404

Plainfield-New 38 $179,900-$699,990 Closed-26 $165,000-$890,000

St Charles/Campton Hills-New 34 $174,900-$1,995,000 Closed-9 $200,000-$441,000

West Chicago-New 11 $188,000-$479,900 Closed-5 $155,000-$331,000

Yorkville-New 14 $224,900-$1,049,900 Closed-9 $200,000-$455,000

Contracts Accepted this Week

Contracts accepted this week were up. 304 this week compared to 283 last week. These numbers will continue to go up if the inventory of homes continues to go up.

Take a look at the numbers so far this year:

January-608
February-832
March so far-1,078

The numbers are steadily rising.

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

Aurora-50 Bolingbrook-25 Geneva-10 Naperville-52 Oswego-19

Plainfield-44 St Charles/Campton Hills-20 West Chicago-13 Yorkville-13

Short Sales this week were half of what they were the week before. 4 this week compared to 9 the week before. There were 2 in Aurora and 1 each in Plainfield and Sandwich.

Sellers accepted contracts that are contingent on the Buyer closing on their current home before purchasing. 9 with a kick-out clause of 72 hours, 11 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. 6 with a kick-out clause of 72 hours, 3 with 48 hours and 1 with 24 hours.

Contact us

Let us update the value of your home in the current market and provide you with an estimate of net proceeds that shows you the expenses to sell. We will update this when an offer comes in and we know all the terms.

If you are thinking about purchasing a home your first step is to call a loan officer to get pre-qualified. If you need recommendations we can provide you with some.

Resources to check out:

Market update Fox Valley-March 23 2019. Have a great week! Let us know what questions we can answer for 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

A different way to search for a home. Check it out here

Market Update Fox Valley-March 16 2019

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

Market Update Fox Valley-March 16 2019

Market update Fox Valley-March 16 2019. Spring market is picking up steam. 350 new listings of homes this week compared to 327 last week. You can see the difference when you look at it by the month.

January-878
February-1,032
March so far-1,021

We still have 2 more weeks to go in March and we are almost to February numbers this week.

Closed homes this week were also up this week. 166 this week compared to 131 last week. January and February started out pretty slow but we are picking up now.

January-407
February-465
March so far-540

We have already passed up the totals for the first two months of the year and we are not finished with March yet.

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

Aurora-New 35 $90,000-$724,900 Closed-28 $70,000-$386,000

Bolingbrook-New 23 $169,900-$586,000 Closed-15 $118,000-$375,000

Geneva-New 12 $193,000-$2,450,000 Closed-5 $260,000-$371,500

Montgomery-New 18 $169,900-$309,990 Closed-9 $125,000-$288,619

Naperville-New 86 $319,900-2,490,000 Closed-22 $252,500-$1,155,000

Oswego-New 19 $149,900-$598,000 Closed-7 $215,786-$342,500

Plainfield-New 34 $124,900-$598,000 Closed-25 $170,000-$425,000

St Charles/Campton Hills-New 35 $219,000-$3,999,999 Closed-12 $141,000-$498,800

West Chicago-New 16 $179,000-$639,000 Closed-3 $130,000-$393,000

Yorkville-New 11 $177,000-$1,299,900 Closed-5 $215,000-$380,000

Contracts Accepted this Week

Contracts accepted were up slightly this week. 283 this week compared to 267 last week. More new listings coming on the market will increase these numbers as this month moves along. Take a look at the totals for each month so far.

January-608
February-832
March so far-774

We are not done with March yet so we will exceed the totals for the months so far.

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

Aurora-37 Bolingbrook-17 Geneva-18 Naperville-47

Oswego-15 Plainfield-37 St Charles/Campton Hills-17 Sycamore-12

West Chicago-11 Yorkville-11

Short sales this week were similar to the week before. 9 this week compared to 8 last week. 4 were in Naperville this week, 2 in Aurora and 1 each in Bolingbrook, Plano and Yorkville.

Sellers accepted contracts this week that are contingent on the Buyer closing on their current home. 9 with a kick-out clause of 72 hours, 6 with 24 hours and 4 with 24 hours.

Contracts were also accepted by Sellers that the Buyer still has to sell their current home and close before purchasing. 3 with a kick-out clause of 72 hours and 4 with 48 hours.

Contact us

Give us a call at 630-503-6555 with all of your real estate questions. Jeffery Szymczak-Broker ext 104, Bobby Burson-Broker ext 105 or Kristine Heiman-Managing Broker. Our goal is to negotiate price and terms that are best whether you are selling or buying a home.

If you are thinking about selling this year now is the time to get it on the market. Spring market is the best time to sell. We can update the value of your home in the current market. Provide you with a net proceeds so you can see the expenses to sell. This will be updated when an offer comes in and we know all the terms.

Thinking about buying? Your first step is to contact a loan officer and find out what price range and type of loan will workout best for you. They will provide you with a letter that we need to put with an offer to show the Seller that you qualify for their home.

Check out some resources:

Market update Fox Valley-March 16 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

New search tool here. You can see where a home is located within a block or subdivision. A birds eye view.

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-March 2 2019

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

Market Update Fox Valley-March 2 2019

Market Update Fox Valley-March 2 2019. Spring market is here! We went into high gear this week. 344 new listings of homes this week compared to 261 last week. January saw 878 new listings of homes, February saw 1,032 and this week 344.

Closed listings this week were also up. 243 this week compared to 120 the week before. Most of those were the end of the month of February. January saw 407 closing for the whole month, February saw 465.

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

Aurora-New 42 $49,900-$429,000 Closed-48 $80,000-$583,000

Batavia-New 13 $199,000-$799,900 Closed-5 $175,000-$717,850

Bolingbrook-New 17 $159,900-$439,900 Closed-16 $179,000-$367,500

Geneva-New 16 $289,000-$725,000 Closed-10 $165,000-$599,900

Naperville-New 80 $255,000-$1,850,000 Closed-32 $225,000-$1,191,800

Oswego-New 12 $194,900-$354,900 Closed-19 $157,000-$515,000

Plainfield-New 37 $169,900-$749,900 Closed-25 $174,000-$565,000

St Charles/Campton Hills-New 29 $219,900-$1,975,000 Closed-15 $195,000-$602,500

West Chicago-New 19 $129,900-$799,000 Closed-12 $108,000-$532,000

Yorkville-New 11 $214,900-$369,500 Closed-8 $191,000-$285,000

If you are thinking about buying or selling this year now is the time! Don’t miss out on Spring market.

Contracts Accepted this Week

Contracts accepted this week were up slightly up. 224 this week compared to 218 last week. There are more homes on the market now to view so these numbers should go up next week. You need to be ready to go just in case you find a home. Your pre-qualifying letter should be no more than 30 days old. If it is, contact your loan officer to update it.

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

Aurora-31 Bolingbrook-18 Geneva-10 Montgomery-10 Naperville-37

Oswego-14 Plainfield-27 St Charles/Campton Hills-13 West Chicago010

Short sales accepted by Sellers were about the same. 2 this week compared to 3 last week. Both of them were in Bolingbrook.

Sellers accepted contracts that are contingent on the Buyer closing on their home before purchasing. 5 with a kick-out clause of 72 hours, 12 with 48 hours and 1 with 24 hours.

Contracts were also accepted by Sellers that are contingent on the Buyer selling their current home and closing before purchasing. 2 with a kick-out clause of 72 hours, 4 with 48 hours and 2 with 24 hours.

Contact us

Call us at 630-503-6555 with any questions you have or advise on what you need to do to get your home ready to sell. We can provide you with a net proceeds that shows you an estimate of expenses to sell. This will be updated when a offer comes in and we know all the terms of the offer.

If you are thinking about buying the first step is to get pre-qualified with a lender to see what type of loan and what price range will work for you so you don’t fall in love with a home that will not work.

Resources for you to check out:

loans and the process
VA loans and the requirements
current interest rates
down payment assistance
Illinois home assistance and some community assistance
school ratings (important to buy in a good school district even if you do not have children)

Market Update Fox Valley-March 2 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

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

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