Thinking of Buying a Home? There’s a Cost to Waiting…

Home prices are normalizing but appreciation and interest rates are projected to rise in 2015.

cost of waiting

This chart shows the cost of waiting if you were to buy a $500,000 home.  Waiting just 12 months would raise the price of the home and with projected rates you would be looking at paying almost $5,000 more per year. Continue reading

Tour Some Geneva IL Luxury Homes

As of this posting, there are 13 luxury homes for sale in Geneva, Illinois.  Luxury homes are defined as being priced at $700,000 and above.

Geneva IL Luxury HomesAs you can see by the map above, the majority of these homes are located close to the Fox River with a few on the outskirts of town. Continue reading

Foreclosures No Longer a Problem in Fox Valley Real Estate Market

Good news for home sellers in the Fox Valley, not so good news for home buyers.

distressed property salesAccording to recent figures from the National Association of Realtors, distressed property sales are down.  In fact, they’re dropping like a rock.  The chart above shows national figures.  How are things in our local market? Continue reading

Has your family outgrown your St Charles home?

growing familyDid the new year bring you a new bundle of joy?  Is your family outgrowing your current home?

Now is an excellent time to buy a home in St Charles and there are plenty to choose from.

If you’re looking for a little more space to help make your family more comfortable, why not move up while prices are favorable and interest rates are still low? Continue reading

Declining Home Sales? Dont’ Believe the Hype

Existing home sales dropped in November, just like they do every winter.  Don’t be fooled by headlines about a real estate slow down, or a collapsing market.  That’s just not true.

chicken little

The drop in sales this winter isn’t anywhere close to the drop last year.  In fact, this season is on track to be one of the best winters we’ve seen in a decade! Continue reading

Frustrated Your Home Still Hasn’t Sold?

The reason that your home didn’t sell is that the market thinks your home is overpriced.

Home Hasn't Sold

As an expert in real estate marketing, both online and offline, I would like to offer you a free review of how the following items could increase the market’s perception of the value of your home: Continue reading

Fox Valley Real Estate Starts Year Strong

The Fox Valley real estate market started 2015 strong with over one hundred new listings coming on the market!

fox valley real estate market

One sure sign of consumer confidence in our local real estate market is the number of sellers putting their home on the market this week.  Here’s a breakdown of activity by city; Continue reading

64 Homes Sold in St Charles Last Month! 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, maybe it’s not priced properly.

Homes in St Charles Continue reading

4 Reasons to Buy a Home Before Spring

The holiday season is behind us, time to focus on what exciting new experiences 2015 can bring! If you’re planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring.

buy before spring Continue reading

Real Estate Open Houses in the Tri-Cities

Open Houses in the Tri-Cities This Weekend

Open HousesUpdated every 15 minutes…

Are you a serious homebuyer looking for a home now that the holidays are over?  Well bundle up and 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

Homes For Sale in Renaux Manor, St Charles

Renaux Manor

Built on the west side of St Charles, Illinois through the late 90′s, Renaux Manor offers both single family living and townhouses in a convenient location.  Nearby amenities include disc golf, the neighborhood Renaux Manor Park and a water park as well. Continue reading

The Komrink Lobrillo Team’s Home Buyer Guide Winter 2014

Home Buyer Guide Winter 2014

Home Buyer GuideHave you been wondering if now is a good time to buy a home? The real estate market has surely had its ups and downs over the last few years. The Kombrink Lobrillo Team has put together an easy to read, insightful, eBook to help answer this question. Download your complimentary copy now and find out; Continue reading

The Kombrink Lobrillo Team’s Home Seller Guide Winter 2014

Home Seller Guide

Home Seller Guide Winter 2014Have you been wondering if now is a good time to sell your home? The real estate market has surely had its ups and downs over the last few years. The Kombrink Lobrillo Team has put together an easy to read, insightful, eBook to help answer this question. Download your complimentary copy now to find out; Continue reading

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