If you’ve been looking for a home at the high end of your market, but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why.

There Are More Luxury Homes To Choose From

What’s considered the top-end of the market, or a luxury home, will always vary by location. But generally speaking, they’re homes that are valued in the top 5% of any given market. According to a recent report from the Institute for Luxury Home Marketing, the selection of luxury homes is increasing (see graph below):No Caption Received


As the graph shows, there are considerably more single-family luxury homes available now than there were a year ago. In fact, there are even more than there were just a month…

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June is a busy month in the housing market because a lot of people buy and sell this time of year. So, if you’ve got a move on your mind and you’re looking to make it happen this month, here’s a snapshot of what you need to know to make sure you’re ready.

If You’re Buying This June

A lot of homebuyers with children like to move after one school year ends and before the next one begins. That’s one reason why late spring into summer is a popular time for homes to change hands. And whether that’s a motivator for you or not, it’s important to realize more buyers are going to be looking right now – and that means you’ll want to be ready for a bit more competition. But there is a silver lining to a move this time of year. This is also when more sellers…

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Living in Pingree Grove, Illinois, offers a unique blend of small-town charm and modern convenience. Nestled in the scenic Kane County, Pingree Grove boasts beautiful parks, top-rated schools, and a strong sense of community. This picturesque village is an ideal place for families, young professionals, and retirees alike.

A Strong Sense of Community

One of the most appealing aspects of Pingree Grove is its vibrant community spirit. Throughout the year, residents can participate in various community events that foster a close-knit atmosphere. From seasonal festivals to farmers' markets and holiday celebrations, there’s always something happening to bring neighbors together.

Impressive Local Amenities

Pingree Grove is well-equipped with…

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With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it all.

And while you ultimately need to be able to afford a home you buy, don’t lose sight of why homeownership was so important to you in the first place. That’s because buying a home is so much more than just a financial transaction. As the National Association of Realtors (NAR) says:

“The benefits of purchasing and owning your place of residence are both financial and emotional – pride in homeownership and the feeling of security are huge intangible benefits.”

Here’s a look at just a few of those more emotional or lifestyle perks, to help anchor you…

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Some Highlights

  • Buying a home has powerful financial and non-financial benefits. It creates more stability, helps grow your net worth, and gives you an undeniable sense of pride.
  • While today’s market can be challenging for buyers, use these reasons to remind you of why homeownership is so worthwhile.
  • When you’re ready to enjoy all the amazing advantages that come with owning a home, let’s get in touch.

Previously posted at Simplifying The Market.

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Welcome to Warrenville, Illinois! Whether you're new to the area or a long-time resident, there's always something fun and exciting to do in and around our wonderful town. Join us as we explore the best activities Warrenville has to offer, brought to you by The Kombrink Team at One Source Realty.

Blackwell Forest Preserve: A Nature Lover's Paradise

First up, we have the stunning Blackwell Forest Preserve. This local gem is perfect for nature lovers and offers a variety of activities to enjoy year-round.

  • Hiking: Explore miles of scenic trails that wind through diverse landscapes, offering breathtaking views and peaceful surroundings.
  • Fishing: Cast your line in one of the many well-stocked lakes and ponds, perfect for anglers of all…

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Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider.

But, there's one way to avoid getting tripped up – and that’s leaning on a real estate agent for the best possible advice. An expert’s insights will help you avoid some of the most common mistakes homebuyers are making right now.

Putting Off Pre-approval

As part of the homebuying process, a lender will look at your finances to figure out what they’re willing to loan you for your mortgage. This gives you a good idea of what you can borrow so you can really wrap your head around the financial side of things before you start looking at homes. While house hunting can be…

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Welcome to our real estate blog! We're The Kombrink Team at One Source Realty, a local real estate team in Huntley, IL. Today, we are going to discuss the top 5 reasons why you should consider moving to Huntley, IL.

Reason #1: Excellent Schools

Huntley, IL, is renowned for its outstanding educational system. Families looking to settle down in a welcoming community with top-notch educational opportunities will find Huntley to be the perfect place to raise their children. The schools here are known for their commitment to academic excellence, comprehensive extracurricular programs, and a strong sense of community involvement. Whether you have young children just starting their educational journey or teenagers preparing for college, Huntley's…

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Hey there, welcome back! We're The Kombrink Team at One Source Realty, your local Realtor team here in Geneva, Illinois. Today, we've got some exciting market updates for you all. Let’s dive right in, shall we?

Decrease in Inventory Sparks Rapid Market Movement

We currently have a 1.25 Months Supply of Inventory here in Geneva. That's a significant decrease of 42.92% over the last 12 months, indicating that the market is moving fast and properties are selling quicker than ever before. For buyers, this means heightened competition, so you'll need to act swiftly to secure your dream home.

Geneva IL Months Supply of Housing  Inventory May 2024

Sellers Achieving Premium Prices

One standout statistic this month is the List to Sold Price percentage, which is sitting at a whopping 100.6%! This…

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Hey there, Elgin! It's your friendly neighborhood Realtors, The Kombrink Team at One Source Realty, here with an exciting market update for May 2024. Whether you're a potential buyer or seller, understanding the current real estate trends in Elgin is crucial to making informed decisions. Let’s dive right in, shall we?

Low Inventory Sparks Competitive Market

Currently, Elgin boasts a low 1.19 Months Supply of Inventory. But what does this mean for you? Essentially, a lower inventory indicates a seller's market, where there are more buyers than available homes. If you're looking to buy, this competitive atmosphere means you need to act fast to secure your dream home. Don’t fret; we're here to help you navigate through this brisk market…

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