Found 255 blog entries tagged as For Sellers.

If you're thinking of buying or selling a house, it's important to know it doesn't just impact you—it helps out the local economy and your community, too.

Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes (see visual below):

No Caption Received


When a house is sold, it really boosts the local economy. That’s because of all the people needed to build, fix up, and sell homes. Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), explains how the housing industry adds jobs to a community:

“. . . housing is a significant job creator. In fact, for every single-family home built, enough economic activity is generated to sustain…

259 Views, 0 Comments

Thinking about selling your house? As you make your decision, consider what's pushing you to think about moving. A recent survey from Realtor.com looked into why people want to sell their homes this year. Here are the top two reasons (see graphic below):

No Caption Received


Let's take a closer look and see if they’re motivating you to make a change too.

1. To Make a Profit

If you’re thinking about selling your house, you probably have a lot of questions on your mind. Well, here's some good news – the latest data shows most sellers get a great return on their investment when they sell. ATTOM, a property data provider, explains:

“. . . home sellers made a $121,000 profit on the typical sale in 2023, generating a 56.5 percent return on investment.”

That’s…

227 Views, 0 Comments

Are you considering selling your home in Batavia, IL? Wondering whether to go it alone or enlist the help of a professional? In today’s video, we break down why using a Realtor is a game-changer in selling your property.

Key Benefits of Using a Realtor in Batavia, IL:

  • Expert Guidance: A Realtor brings invaluable knowledge and experience, guiding you through every step of the selling process—from setting the right price to closing the deal.

  • Professional Staging and Marketing: Leverage their expertise to present your home in the best light possible. Realtors use professional staging techniques and create impactful marketing materials to attract potential buyers.

  • Extensive Network: Realtors have a vast network of industry…

801 Views, 0 Comments

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):

 No Caption Received


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…

270 Views, 0 Comments

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):

No Caption Received


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…

229 Views, 0 Comments


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…

919 Views, 0 Comments

Hello, everyone! It's The Kombrink Team at One Source Realty, here to bring you an insightful update on the Algonquin, Illinois real estate market as of April 2024. Whether you're thinking of buying or selling, this update will provide you with the essential information you need to navigate the market confidently.

Current Inventory Status

As we dive into the current state of the market, Algonquin is experiencing a remarkably low inventory with just 0.67 Months Supply of Inventory. This is a significant drop of 39% from last year, indicating a rapidly moving market where properties are quickly being snapped up. Buyers, this means you’ll need to act swiftly to secure your desired home.

Algonquin IL months supply of housing inventory April 2024

Pricing Trends

A key highlight in our market…

953 Views, 0 Comments

Hello, Elgin! It's The Kombrink Team at One Source Realty, bringing you the latest insights from the Elgin real estate market for April 2024. Whether you're considering buying, selling, or just keeping an eye on the market, these updates are crucial for making informed decisions. Let’s break down what’s happening right now in Elgin.


Current Market Conditions

As of April 2024, Elgin’s real estate market is showing dynamic activity with a 1.07 Months Supply of Inventory. This represents a significant decrease of 15.08% compared to the previous year. What does this mean for you? Well, the market is moving swiftly, and inventory is being absorbed faster than before, indicating strong demand and a competitive market environment.

Elgin IL Months supply of housing inventory April 2024

Pricing…

921 Views, 0 Comments

Are you thinking about selling your home in Geneva, IL? It can be an exciting yet daunting experience, but with the right preparation, you can ensure a smooth and successful sale. As a top real estate agent in Geneva, IL, I've helped countless homeowners navigate the selling process and achieve their goals. In this blog post, I'll share the top 5 things homeowners should do before selling their home in Geneva, IL.

  1. Declutter and Organize: One of the first steps in preparing your home for sale is to declutter and organize. Potential buyers want to envision themselves living in your space, so it's important to create a clean and clutter-free environment. Start by getting rid of any items you no longer need or use, and consider renting a storage unit…

812 Views, 0 Comments

Welcome to our latest update on South Elgin real estate, brought to you by Nick Kein of The Kombrink Team. As your dedicated local REALTOR® in South Elgin, Illinois, I am here to provide you with the most current and relevant information to help you navigate the real estate market, whether you're buying or selling a home.


April 2024 Market Overview

The South Elgin real estate market is currently experiencing a notable trend of low inventory. As of April 2024, there is only a 0.91 month supply of inventory. This figure is remarkably low, suggesting that if no new homes were listed starting today, it would take less than a month to sell all the homes currently on the market. This is a significant decrease from the past, with a 51%…

902 Views, 0 Comments