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…

1497 Views, 0 Comments

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.

Bartlett IL Real Estate Market Update June 2024 Months Supply of Housing Inventory

List to Sold Price Percentage

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

1239 Views, 0 Comments

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…

373 Views, 0 Comments

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.

1645 Views, 0 Comments

Hey there, everyone! Miles Tischhauser with The Kombrink Team at One Source Realty here, your friendly neighborhood REALTOR® with some exciting updates for you all. Today, we're diving into the current market trends here in DeKalb, Illinois.

Months Supply of Inventory

Let's start with the numbers, shall we? Right now, we're looking at a 1.63 Months Supply of Inventory in DeKalb. Over the last 12 months, we've seen a positive trend with a 3% increase in the Months Supply of Inventory. This increase is encouraging as it indicates a slightly growing inventory, providing more options for buyers while still maintaining a competitive edge for sellers.

Dekalb IL Real Estate Market June 2024 Months Supply of Housing Inventory

Implications for Buyers and Sellers

What does this mean for you as a buyer or seller?…

1031 Views, 0 Comments

Hey there, everyone! The Kombrink Team at One Source Realty here, your go-to REALTOR® team in Aurora, Illinois. Today, we're excited to bring you a market update for June 2024. Whether you're a buyer or seller, this information is crucial for making informed decisions in the Aurora real estate market. Let's dive right in!

Months Supply of Inventory

Currently, Aurora has a super low 0.95 Months Supply of Inventory. That means we're in a competitive market with limited options for buyers. This scarcity of homes available for sale creates a challenging environment for buyers, who may find themselves in bidding wars, while sellers can enjoy the advantage of higher demand.

Aurora IL Real Estate Market June 2024 Months Supply of Housing Inventory

List to Sold Price Percentage

Next up, let's talk about the List…

1166 Views, 0 Comments

Hey everyone, Nick Kein with The Kombrink Team at One Source Realty here, your local REALTOR® in Elgin, Illinois. Today, I want to give you a quick market update for June 2024. Whether you're a buyer or seller, this information is crucial for you to stay informed and ahead of the game.

Months Supply of Inventory

Currently, we're looking at 1.14 months of inventory available in the market. What does this mean for you? Well, with less inventory available, buyers may face more competition, while sellers might have the upper hand in negotiations. This low supply creates a dynamic market where quick decisions and strategic planning are essential.

Elgin IL Real Estate Market Update June 2024 Months Supply of Housing Inventory

List to Sold Price Percentage

Next up, the List to Sold Price percentage is at 102.1%. This…

989 Views, 0 Comments

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.

Home Prices Are Expected To Climb Moderately

Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry:

No Caption Received

The reason for continued appreciation? The supply of homes for sale. Jessica Lautz, Deputy Chief Economist at the National Association of Realtors (NAR), explains:

“One thing that seems to be pretty solid is that home prices are going to continue to go up, and the reason is that we don't have housing inventory.”

While inventory is up compared to the last couple of years, it’s still low overall. And because…

317 Views, 0 Comments

No Caption Received

Some Highlights

  • Considering selling your house without an agent? You should know there are some serious downsides to handling it on your own.
  • You’ll be missing out on marketing tools that draw in more buyers, pricing and market expertise, essential negotiation skills, in-depth knowledge of the fine print in contracts, and so much more.
  • Don’t take all of this responsibility on. Instead, let’s connect so you have someone with the knowledge and experience you’ll need on your side.

Previously posted at Simplifying The Market.

298 Views, 0 Comments

Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you.

An Ameriprise Financial survey sheds light on why people buy a second, or vacation, home (see below): No Caption Received


  • Vacation destination or a place to get away from the stresses of everyday life (81%) – Having a second home to use as a vacation spot can be a special place where you go to relax and take a break from your daily routines and stressors. It also means you won’t have to worry about finding somewhere to stay when you go there.
  • Better weather (49%) – Buying in a…

293 Views, 0 Comments