Real Estate Blog - June, 2024

Transforming Your Home into an Eco-Friendly Haven

Welcome to The Kombrink Team’s blog! Today, we’re diving into a topic that's close to our hearts: eco-friendly, sustainable homes. We're here to share some tips on making your home more energy-efficient, DIY projects for a sustainable lifestyle, and simple tips for living greener every day. Let's get started!

Enhancing Energy Efficiency in Your Home

Making your home more energy-efficient not only benefits the environment but also saves you money on utility bills. Here are some key strategies to consider:

Upgrade Your Insulation

Proper insulation is crucial for maintaining a comfortable indoor temperature year-round. It helps keep your home warm in the winter and cool in the summer, reducing the need for heating and cooling systems.…

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Housing Market Forecast for the 2nd Half of 2024 [INFOGRAPHIC]

Some Highlights

• Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say.
• Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady.
• If you have questions about what to expect for the rest of the year, let’s connect so we can have a conversation about what it means for you and your plans.

Previously posted at Simplifying The Market.

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The Difference Between an Inspection and an Appraisal

When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with. While you may have a general idea of what an inspection is, maybe you’re not sure why you need one or how it’s different from an appraisal. To keep it simple, here’s an explainer of each one and what they mean for you as a homebuyer.

Home Inspection

Once you’re under contract on a home you’d like to buy, getting an inspection is a key part of the process. An inspection gives you a clear idea of the safety and overall condition of the home – which is important for such a big transaction. As a recent Realtor.com article explains:

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Stunning Chapman IV Model Home for Sale at 39W155 S Hyde Park in Mill Creek, Geneva

39W155 S Hyde Park, Geneva, IL

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Discover the perfect blend of modern elegance and family-friendly comfort at 39W155 S Hyde Park in Mill Creek, Geneva. This stunning Chapman IV model boasts 4 spacious bedrooms and 2.5 baths, featuring vaulted and two-story ceilings that create a bright, airy ambiance throughout. Newly installed engineered hardwood and laminate flooring enhance the open floor plan and contemporary neutral decor. The home is beautifully updated with new stairs, railings, and light fixtures. The two-story…

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Charming Two-Story Brick Home for Sale at 300 N Larch Ave, Elmhurst, IL

300 N Larch Ave, Elmhurst, IL

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Discover the endless possibilities at 300 N Larch Ave, Elmhurst! This charming all-brick, two-story home sits on an oversized lot in a prime location on a picturesque tree-lined street, surrounded by newly built homes. Enjoy the convenience of being close to parks, shopping, dining, entertainment, the interstate, and the Metra train. With mature landscaping, a carport, and a circular drive, the property exudes curb appeal. Relax on the inviting front porch or the 2nd-floor balcony. Inside,…

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Focus on Time in the Market, Not Timing the Market

Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered.

If you’re able to buy at today’s rates and prices, it may be better to focus on time in the market, rather than timing the market.

The Downside of Trying To Time the Market 

Trying to time the market isn’t a good strategy because things can change. Here’s an example. For the better part of this year, projections have said mortgage rates will come down. And while experts agree that’s still what’s ahead, shifts in various market and economic factors have pushed back the timing of when that’ll happen. Here’s how that’s…

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The Best Real Estate Markets in Illinois for 2024: A Comprehensive Guide

Today, we’re diving into the best real estate markets in Illinois for 2024. Whether you’re looking to buy or sell a home, these hotspots are where you’ll want to focus your attention.

1. Naperville: A Perennial Favorite

Consistently ranked as one of the best places to live in the U.S., Naperville offers a charming downtown area, top-rated schools, and a variety of housing options, from historic homes to new developments. Its robust job market and convenient access to Chicago make it an ideal location for both commuting professionals and growing families.

Why Naperville?

• Top-Rated Schools: Naperville's schools are among the best in the state, attracting families who prioritize education.
• Diverse Housing Options: From historic charm…

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June 2024 Bartlett, Illinois Real Estate Market Update

Hey everyone, I'm Nick Kein, your local REALTOR® here in Bartlett, Illinois. Today, I'm excited to bring you a comprehensive market update for June 2024. Let’s dive into the numbers and see what’s happening in our local real estate market.

Inventory Levels

Currently, Bartlett has a 1.53 Months Supply of Inventory. This statistic is crucial as it indicates the number of months it would take to sell all current listings if no new homes were added to the market. With just over a month and a half of inventory, we are experiencing a seller's market. The low inventory means high competition among buyers, which often leads to quicker sales and higher prices.

List to Sold Price Percentage

The List to Sold Price percentage is a robust 102.8%.…

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How Long Will It Take To Sell My House?

You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent.

They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. That way you have realistic expectations and can work together to come up with a plan that’s based on today’s market.

Here’s a high-level overview of just one of the factors a great agent will walk you through – the supply of homes for sale and how that impacts your process.

The Growing Supply of Homes for Sale

Over the past few months, the number of homes for sale has increased. This is good news when you move because it means you’ll have more…

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Discover the Charm of Living in Batavia, IL

Today, we're going to be talking about what it's REALLY like living in Batavia, IL. From the charming neighborhoods to the bustling downtown area, Batavia has so much to offer. So, if you're thinking about making the move to Batavia or just curious about what this town is all about, keep reading!

Picturesque Homes and Tight-Knit Community

Batavia, IL is known for its picturesque homes and tight-knit community. The historic architecture mixed with modern amenities makes this town a truly unique place to live. Whether you're looking for a cozy cottage or a spacious family home, there are plenty of houses for sale in Batavia to choose from. From quaint bungalows to luxurious estates, there's something for everyone in this one-of-a-kind town.

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