The Sharron Kelley Team» Buffalo Grove, Long Grove, Kildeer, Hawthorn Woods and Vernon Hills Homes-Real Estate

Buffalo Grove Real Estate Data Shows Increase in Sales

Sharron — Wed, 01 Sep 2010 17:44:12 +0000

The most recent data for Buffalo Grove real estate sales shows an increase of over 38% in the number of single family homes sold compared with a year ago. This significant increase may have been induced by the home buyer tax credit, but it appears to be stabilizing without it. The amazing low interest rates and higher-than-normal inventory are combining to entice prospective home buyers into the Buffalo Grove real estate market.

While Buffalo Grove home values appear to be leveling off, it continues to be a buyers market. There are some bargains out there, including a few short sale properties. It is important to use a qualified Buffalo Grove Realtor to locate the best deal however, as not all bargains are as good as they may sound.

The quality of life and the sense of community in Buffalo Grove Illinois will continue to make it a desirable place to call home. If you are considering buying Buffalo Grove real estate please contact me today. I have access to all homes that are currently listed for sale in the area and have the knowledge and experience that you need to make an educated and informed decision on exactly where you want your next home to be.

Please contact me, Sharron Kelley, today at 847-465-3638, for the latest updates on Buffalo Grove real estate. Click here for free access to the Buffalo Grove MLS, to view all available real estate in Buffalo Grove, Long Grove, Vernon Hills and Palatine Illinois.

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Buffalo Grove Real Estate: Housing Market Report for July 2010

Alicia — Tue, 31 Aug 2010 16:56:15 +0000

What a pleasure it is to share that the Year to Date Sales of Buffalo Grove Homes and Buffalo Grove Townhouses are on the rise in 2010. The Realtor Association of Northwest Chicagoland is showing for July of 2010 a 38.8% increase in Buffalo Grove Single Family Homes Sales and a 44.3% increase in Townhome and Condos Sales. The median sales price has increased 15.4% on single family homes and is down 11.1% on attached home sales. The Buffalo Grove Real Estate Market is growing stronger even without the first time home buyers tax credit. Low interest rates and reasonable prices of homes are keeping buyers active in the market. Although market time for home sales may not be what it was 5 years ago, sellers with patience and a good realtor can get their home sold for fair market value.

Please view the market reports in full below to see information on Buffalo Grove and all of the surrounding towns of the Northwest Suburbs. For more information on Real Estate in Buffalo Grove or to get a FREE Home Market Report by The Sharron Kelley Team please contact me, Sharron Kelley at 847-465-3638 or email me at sharron@northernillinoishomes.com. We work for our home sellers and buyers to get the job done.

Full Year to Date Housing Market Report Attached Homes

Full Year to Date Housing Market Report Detached Homes

Full Month to Date Housing Market Report Attached Homes

Full Month to Date Housing Market Report Detached Homes

Click Here To Search for Single Family Homes in Buffalo Grove for FREE!
Click Here To Search for Condos and Townhomes in Buffalo Grove for FREE!
Click Here to Seach for Buffalo Grove Short Sales and Foreclosure Properties for FREE!

Visit my website monthly for Lake County Real Estate market updates www.NorthernIllinoisHomes.com

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Buffalo Grove Real Estate: It’s A Buyers Market

Sharron — Mon, 23 Aug 2010 09:15:36 +0000

When it comes to Buffalo Grove real estate it is a buyers market. The historically low interest rates, currently hovering at an average of 4.44%, high inventory and low home values have combined to create an ideal buyers market. Sellers are motivated to sell, placing a potential home buyer in the driver’s seat.

Home buyers also have an added opportunity when it comes to Buffalo Grove real estate, short sale property. The process of buying a short sale property can be more daunting and time consuming, yet in the long run patience can pay off by saving a home buyer quite a bit of money.

Whether you are looking for an investment property, a larger home or your first time home, I can help locate the Buffalo Grove property that will best suit your needs. It is an ideal time to buy a home if you can qualify for a home loan. Let me help educate you on the Buffalo Grove real estate market and the opportunities that exist here.

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Secure Financing Before Buying Buffalo Grove Real Estate

Sharron — Tue, 10 Aug 2010 18:33:49 +0000

If you are thinking about buying Buffalo Grove real estate it is important to secure your financing first. Real estate transactions are not as easy as they were a few years ago, unless you are a cash buyer that is. The no-doc loans and no money down loans that ran rampant and led the housing boom and subsequent bust are no longer available. Today a down payment, good credit and a steady, documented source of income is required to obtain a mortgage to buy a Buffalo Grove home.

There are a few things to keep in mind before speaking with a lender about a mortgage to purchase Buffalo Grove real estate. The potential pitfalls that will inhibit you from acquiring a loan are as follows: poor credit, excessive debt, and unemployment. In addition if you are self-employed you should expect to jump through many hoops if you want to get approved for a loan.

If you are interested in buying a home in Buffalo Grove Illinois please contact me today. I can help recommend a mortgage broker or two and can help get the process of purchasing Buffalo Grove real estate underway.

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Price Reduction on Buffalo Grove Short Sale

Michelle — Sun, 08 Aug 2010 20:44:24 +0000

Price Reduction on Buffalo Grove Short Sale

The price on 501 Arborgate Lane in Buffalo Grove has recently been reduced to $239,000.

This adorable ranch is located in Strathmore subdivision of Buffalo Grove IL and features a recently remodeled kitchen with hickory cabinet, under cabinet task lighting, and updated appliances.

Addtional updates to this Buffalo Grove short sale include:

*Pergo Flooring
*Newer Roof
*Newer Garage Door
*Newer Washer & Dryer
*Newer Windows
*Newer Sofits, Facia, & Gutters

This home is a must see and is located within Buffalo Grove’s highly desirable Stevenson High School’s boundries!

Contact a member of the Sharron Kelley Team today to schedule a showing on this Buffalo Grove Short sale or you can use our Free MLS Home Search to view addtional homes for sale in the Buffalo Grove IL area.

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