New York Times: Homeownership is Best Way To Build Wealth

The New York Times recently published an editorial entitled, Homeownership and Wealth Creation.” The housing market has made a strong recovery, not only in sales and prices, but also in the confidence of consumers and experts as an investment.

Home Ownership Continue reading

Fox Valley Luxury Home Market Takes Off

luxury homes

Do Fox Valley luxury home buyers know something we don’t?

As we come to the end of 2014 it’s time to look at how the real estate market performed.  This gives us a good indicator of where things are headed.

For this article, we decided to take a look at the change in home sales year-over-year by price point.  While home sales in the Fox Valley were down overall by 4%, there are some price points that experienced a rise in sales. Continue reading

Top 10 Real Estate Markets in the Fox Valley

Top 10 Real Estate Markets in the Fox Valley

With the year quickly winding down, let’s look back and see how local real estate markets performed in the Fox Valley.

When we set out to write this post, the idea was just to rank cities in the Fox Valley by the number of closed sales.  We soon realized however, that doesn’t really provide much insight.  Of course the cities with the most sales would be those with higher populations and more amenities.  We would end up with a list of the tri-cities (St Charles, Geneva and Batavia) ranking at the top. Continue reading

7 Signs that Prove the Real Estate Market is Back!

Real Estate Market is BackDespite the gloom and doom reported in the media…the signs are out there. Step away from the headlines and talk to your local real estate professional. Real Estate is Back!

Over the last few years, existing home sales are up overall. Of course they fluctuate month-to-month and seasonally. New home construction is also on the rise.

Average home prices across the nation have stabilized along with expected appreciation. According to financial experts, not Realtors, the average home in the U.S. is expected to appreciate over 3% each year for the next 5 years. Continue reading

Real Estate Open Houses in the Tri-Cities

Open Houses in the Tri-Cities This Weekend

Open HousesUpdated every 15 minutes…

It’s looking like a fairly cold weekend with weather expected to be in the mid-30′s, bundle up if you want to see some of these open houses in the tri-cities.

Unlike ZillowTrulia and Realtor.com, this list is pulled directly from our local MLS by The Kombrink Lobrillo Team at RE/MAX Great American North and is updated every 15 minutes.  This is the most complete and up-to-date list of open houses in the tri-cities you can find.  If you have questions about any of these homes for sale, or would like to confirm the times, please contact us at (630) 488-3300. Continue reading

33 Homes For Sale in Thornwood, South Elgin

Thornwood, South Elgin

Located on the southwest side of town, the subdivision of Thornwood, South Elgin IL offers a variety of homes, luxury amenities and award-winning schools.

There are currently 33 homes for sale in this neighborhood.  Homes range from $100,000 townhouses all the way up to 4,400 square foot executive homes priced at $695,000. Continue reading

Home Sales Are Up in almost Every Price Range

Home Sales Are Up

The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-6%). Every other category showed a minimum increase of at least 9.7%. Continue reading

Top 5 Batavia Subdivisions on the Move

Even with the fall real estate market upon us, there are still families out there trying to move on.

If you haven’t already read our 4 More Reasons to Sell Now, the 218 homes on the market in Batavia shows the market is still strong.

Batavia Homes for SaleSo where are the bulk of homes on the market in Batavia?  They center around 5 neighborhoods on both the east and west sides of town.

Without further adieu, here are your Top 5 Batavia Subdivision on the Move…

#5 Cherry Park with 5 homes on the market

#4 Fox Trail  with 5 homes for sale

#3 Harvell Farms also with 5 homes on the market Continue reading

4 More Reasons to Sell Now

4 Reasons to Sell NowAs we discussed last week one reason to sell now is demand is still strong. With inventory levels also still below historic numbers, you could be missing out on a great opportunity for your family.

1. There Is Less Competition Now

Housing supply just dropped to 5.1 months, which is under the 6 months’ supply that is needed for a normal housing market. This means that, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market. Continue reading

Open Houses in Geneva IL This Weekend

Geneva IL Open HousesGeneva IL Open Houses This Weekend

Updated every 15 minutes…

It’s going to be in the low to mid 40′s this weekend with a pretty good chance of rain.  Make sure to bring your umbrella if you’ll be touring any of these Geneva IL open houses this weekend.

Continue reading

Find a St Charles Home by Elementary School

Homes for sale in St Charles IL sorted by Elementary School

search homes by schoolOne of the biggest factors when searching for a new family home is the school district.  If you have school-aged children, this is a top priority.

By now, you’ve no doubt scoured the web to find the best school for your children.  Now, it’s time to find a home serviced by that school. Continue reading

13 New Listings in Geneva IL Last Week

13 New Homes Came on the Market in Geneva IL Last Week

New Listings in Geneva ILAt the time of this article, there were 13 new homes on the market in Geneva, IL.

Despite what you may be hearing, now is an excellent time to sell your home!  Savvy home buyers are still out looking and with the cold weather, your competition is dwindling. Continue reading

16 Homes Came on the Market This Week in St Charles

New Homes on The Market This Week in St Charles

New Homes This Week

With home prices on the rise, and interest rates expected to be on the uptick, home buyers are out in force and trying to find something while they can.  Savvy home sellers know that now is still an excellent time to put a home on the market.

As long as your home is in good condition and priced right, you can expect a sale before the holidays.  Find out what your home would sell for in today’s market. Continue reading

4 Reasons to Buy Before Winter

Buying A Home Before Winter

It’s that time of year, the seasons are changing and with them bring thoughts of the upcoming holidays, family get togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don’t have to look much farther to find four great reasons to consider buying a home now, instead of waiting. Continue reading

Aerial Videos: Novelty or Helpful Insight

3809 Grand View Ct, St Charles IL [AERIAL VIDEO]

Aerial PhotographWe’ve noticed Realtors are taking to the skies and having aerial videos shot of homes they have for sale, typically the pricier estates.  So of course we wanted to try it out.

We hired a company called As Seen Above out of Mokena, IL.  They appear to be a recent start-up offering this service to Realtors in the Chicagoland area.  Their prices seemed fair so we jumped on board.  They use a DJI Phantom 2 Vision Plus system (for all you enthusiasts out there). Continue reading

Paying Rent is NOT a Good Investment

Either Way, You’re Still Paying a Mortgage

paying-rent

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s. Continue reading

A time to give thanks

A time to give thanks

A time to give thanks

At this time of year, we extend our thanks and gratitude for our many blessings as we prepare to enjoy time with family and friends sharing a Thanksgiving feast or enjoying a football game! We count you among our blessings and are grateful for your past business and referrals. Continue reading

14,164 Homes Sold Yesterday! Did Yours?

14,164 Homes Sold Yesterday! Did Yours?

There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet this fall, maybe it’s not priced properly.

Aerial Subdivision

After all 14,164 houses sold yesterday, 14,164 will sell today and 14,164 will sell tomorrow. 14,164!

Continue reading

3 Questions to Ask Before Buying a Home

Ask Yourself These Questions Before Buying a Home

3 Questions to Ask Before Buying a Home

If you are thinking about purchasing a home right now, you are surely getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually a good time for you to buy a home. Continue reading

St Charles IL Open Houses – October 25th & 26th

St Charles IL Open HousesSt Charles IL Open Houses This Weekend

Updated: Friday, October 24th, 2014

There are 10 St Charles IL Open Houses this weekend.

With weather in the mid-to-upper 60′s and mostly sunny, this is a great weekend to get out and see some of these homes. Continue reading