South Elgin Real Estate Market: A Hot Market for Buyers and Sellers

As we move into September 2024, the South Elgin real estate market continues to sizzle. Whether you’re thinking of buying or selling, the current market conditions make it an exciting time to dive in. The Kombrink Team at One Source Realty is here to give you all the key details on what’s happening in our local market, and trust us—it’s all good news!

1.17 Months of Inventory: What This Means for Buyers and Sellers

As of September 2024, South Elgin is experiencing a 1.17 months supply of inventory, meaning that if no new homes were listed, it would take just over a month to sell all the available properties. This low level of inventory makes South Elgin a seller’s market,…

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A shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a home this year is just around the corner. Your sweet spot is here.

 The experts at Realtor.com study seasonal trends to figure out the ideal week for homebuyers:

“Nationally, the best time to buy in 2024 is the week of Sept. 29–Oct. 5. This week historically has shown the best balance of market conditions that favor buyers. Inventory tends to be high, prices are below peak levels, demand is waning, and the pace of the market slows to a more manageable speed.” 

In addition to the historical trends and typical…

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Choosing between renting and buying a home in St. Charles, IL is a significant decision that can have a long-lasting impact on your financial stability, lifestyle, and future. With the cost of living fluctuating, the real estate market evolving, and personal circumstances always changing, it’s no wonder that many people are unsure of which path to take. Should you continue renting, enjoying the flexibility and low commitment it offers? Or is it time to invest in homeownership and reap the long-term benefits of owning property?

This guide will walk you through the pros and cons of renting and buying a home in St. Charles, IL, helping you weigh your options so you can make the best decision for your personal and financial future.

Rent vs. Buy a Home…

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151 Maplewood Dr, Sycamore, IL

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$ CLICK FOR CURRENT PRICE 3 BEDROOMS 1 BATHROOMS 0.36 acres Lot

Welcome to 151 Maplewood Dr, a charming 3BR/1BA ranch home nestled on a large corner lot in the heart of Sycamore, Illinois. This move-in-ready home offers a concrete driveway and a 1-car attached garage, with a welcoming front deck perfect for relaxing. The spacious backyard is ideal for outdoor enjoyment, featuring a storage shed, paver patio, firepit, and a tiered deck, perfect for entertaining. Inside, you'll find an open floor plan with hardwood flooring and a living room wired for…

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Hey there, everyone! It’s The Kombrink Team at One Source Realty, your friendly neighborhood REALTOR® in Geneva, Illinois, and we're excited to bring you the latest updates on the real estate market in our wonderful community. Whether you're looking to sell your property or hoping to invest in a new home, you'll want to keep an eye on these key trends happening right now in Geneva. So, let’s dive right into the numbers!

Months Supply of Inventory: A Seller's Dream

Right now, the Geneva real estate market is a dream for sellers, and one major reason for that is the incredibly low supply of inventory. At just 1.6 months of inventory, homes are flying off the market faster than ever. For those who may be unfamiliar with this term, "Months…

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The real estate market in Elgin, Illinois, has been bustling with activity this fall, and it’s the perfect time to take advantage of these dynamic conditions. Whether you're a buyer on the hunt for your dream home or a seller looking to cash in on a high-demand market, September 2024 is proving to be an exciting month. Let’s dive into the key metrics and trends driving Elgin’s market right now!

Inventory Levels in Elgin: Act Fast Before Homes Disappear

One of the most critical factors shaping the real estate landscape in Elgin is the current inventory level. As of September 2024, there’s a 1.57-month supply of homes on the market. But what does this mean for buyers and sellers alike?

Months Supply of Housing Inventory in Elgin IL for September 2024

In real estate, a balanced market typically has a…

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Some Highlights

  • Getting your house ready to sell? Here are a few tips on what you may want to do to prepare.
  • Focus on making it inviting, showing it’s cared for, and boosting your curb appeal.
  • If you want specific advice to help your house stand out in our local market, let’s connect.

Originally posted at Simplifying The Market.

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The real estate market in North Aurora, Illinois, is buzzing with activity this September 2024. Whether you’re thinking about selling your home or looking to buy a new one, it's essential to stay informed on the latest trends. The Kombrink Team at One Source Realty is here to guide you through the ins and outs of the local housing market so you can make the most informed decision possible.

In this detailed market update, we’ll explore the current inventory levels, how much sellers are getting for their homes, how fast properties are selling, and the median home price in North Aurora. These key indicators will help you better understand the local market dynamics and why now is such a great time to make your move.

Low Inventory and High…

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The Naperville real estate market is on fire this September 2024! With a competitive landscape, homes are selling quickly and for top dollar. Whether you’re a buyer or seller, staying informed about the latest market trends is crucial for making the right move. As a trusted real estate team in the Naperville area, The Kombrink Team at One Source Realty is here to provide you with up-to-date insights into what’s happening in the local housing market.

In this detailed market update, we’ll explore key statistics such as inventory levels, median days on the market, and current home prices. Whether you're planning to sell your home or are actively looking to buy, this post will help you navigate the fast-moving Naperville real estate market.

Low…

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The Elburn real estate market in September 2024 is experiencing dynamic shifts, with promising opportunities for both buyers and sellers. As a village that continues to draw homebuyers with its charm and proximity to Chicago, the housing market here has seen steady activity. Whether you’re considering selling your home or searching for your dream property, it’s essential to stay updated on the latest market trends.

In this blog post, we’ll break down the current Elburn housing landscape, giving you a clearer idea of what to expect if you plan to make any real estate moves in the near future.

Inventory Levels: A 1.62 Months Supply of Homes

One of the key indicators of a healthy real estate market is the months’ supply of inventory, which…

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