3140 Venetian Way, Mongtomery, IL

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 2.5 BATHROOMS 0.26 acres Lot

Step into this charming 4 bedroom, 2.5 bathroom home nestled in the tranquil Blackberry Crossing West neighborhood of Montgomery. Featuring a striking brick and vinyl exterior, this property sits on a beautifully landscaped lot complete with a 2.5-car garage, inviting front porch, and a spacious backyard patio ideal for entertaining. Inside, you'll be greeted by modern neutral decor, wood laminate flooring, and an abundance of natural light. The home boasts a functional living and…

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The number of homes for sale is playing a big role in today’s housing market. And, if you’re considering whether or not to list your house, today’s limited supply is one of the biggest advantages you have right now. That’s because your house stands out more when the inventory is low, especially if it’s priced right.

But the supply of homes for sale is growing. According to the latest data from Realtor.com, new listings (homeowners who just put their house up for sale) are trending up (see graph below):

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This graph shows more homeowners are putting that sale sign up in their yards compared to the same time last year. As Realtor.com says:

“. . . sellers turned out in higher numbers this March as newly listed homes were 15.5% above last year’s…

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Hey there, folks! It’s your friendly neighborhood REALTOR® team, Nick Kein with The Kombrink Team at One Source Realty, here to give you the scoop on the Crystal Lake, Illinois real estate market for April 2024.

Current Market Dynamics

We’re seeing incredibly low inventory with just .79 Months Supply of Inventory in Crystal Lake. Homes are moving so fast it's like watching a professional sprinter at the Olympics—blink and you might miss it!

Crystal Lake IL April 2024 Months Supply of Housing Inventory

Yearly Comparison

There’s been a substantial decrease of 17% in the Months Supply of Inventory over the past year. This tightening of the market is a positive signal for sellers who are considering putting their homes on the market. It’s an excellent time to leverage this demand to secure a…

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Good afternoon everyone, I’m Nick Kein, part of The Kombrink Team at One Source Realty, serving Streamwood, Illinois. Today’s vlog brings you an exciting update on our local real estate market for April 2024.

Current Market Conditions

Streamwood is experiencing an extremely tight market, with a mere .28 Months Supply of Inventory available. This extraordinarily low inventory means that the market is intensely competitive for both buyers and sellers. Over the past year, there's been a significant 47% decrease in the Months Supply of Inventory, underscoring a high demand for homes in our area.

Streamwood IL April 2024 Months Supply of Housing Inventory

Pricing Dynamics

Our List to Sold Price percentage stands impressively at 103%, which means that sellers are generally selling their homes for…

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Hello everyone, it’s Nick Kein from The Kombrink Team at One Source Realty, your dedicated local REALTOR® in Hoffman Estates, Illinois. In today’s vlog, I’m thrilled to bring you the latest insights from our real estate market for April 2024.

Market Overview

We are currently experiencing a notably low Months Supply of Inventory at just .65 months in Hoffman Estates. This low supply indicates a strong seller's market, with more buyers than available homes. It's an ideal time for sellers, as the competition among buyers can lead to quicker sales and potentially higher offers.

Housing Supply Hoffman Estates IL April 2024

Trends Over the Last Year

The past year has seen a 12% increase in the Months Supply of Inventory. Although we are still in a seller's market, this increase…

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Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.

Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise (see graph below):

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Why Are Sellers Feeling so Optimistic?

One reason why is because right now is traditionally the best time of year to sell a house. A recent article from Bankrate says:

“Late spring and early summer are generally considered the best times to sell a house. . . . While today’s rates are relatively high, low inventory is still keeping sellers in the driver’s seat in most…

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When it comes to buying or selling a home, location is key. The neighborhood you choose can have a significant impact on the value of your property. Whether you are looking to invest in real estate or find your forever home, understanding how location affects home values is essential.

Aerial View of St Charles IL

In St. Charles, IL, location plays a crucial role in determining the value of a home. The city is known for its scenic beauty, charming downtown area, and excellent schools, making it a highly desirable place to live. As a result, homes in St. Charles tend to hold their value well and appreciate over time.

One of the factors that contribute to the high home values in St. Charles is the quality of life in the city. With its abundance of parks, recreational…

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Discover the Best Realtor in Wheaton: The Kombrink Team at One Source Realty

When it comes to real estate in Wheaton, IL, finding the right realtor can make all the difference. The Kombrink Team at One Source Realty has been recognized as one of the best in the area, thanks to their dedication, experience, and unparalleled customer service. Here's why you should consider them for your next real estate venture.

Experience and Expertise

With over three decades of experience in the Wheaton real estate market, The Kombrink Team brings a wealth of knowledge and expertise. Their deep understanding of the local market trends and property values ensures that whether you're buying or selling, you're getting the best possible deal.

Dedicated…

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122 Park Ave, Dekalb, IL

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 2 BATHROOMS 0.12 acres Lot

Discover the charm of this spacious 4BR/2BA three-story home, perfectly positioned just steps away from the vibrant Northern Illinois University campus in DeKalb, Illinois. Nestled on a serene, tree-lined street, this delightful residence offers quick access to local parks, a variety of shops, and a selection of dining options. The home features an inviting deck and an enclosed porch, ideal for enjoying the peaceful outdoors. Inside, the ground floor boasts a cozy family room and a separate…

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Some Highlights

  • Did you know the equity you have in your current house can help make your move possible?
  • Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer.
  • The typical homeowner has $298,000 in equity. If you want to find out how much you have, let’s connect for a Professional Equity Assessment Report.

Previously posted at Simplifying The Market.

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