Lake County News

Vernon Hills Real Estate: Price Reduction in Vernon Hills

To Take a Tour Visit:

www.425Benjamin.com

We just reduced the price of the Vernon Hills Beauty in Rivers Edge. It is a great location surrounded by woods and is close to shopping, transportation and restaurants.

This Vernon Hills Condo features every upgrade imaginable, from Granite countertops to stainless steel appliances, hardwood floors and two balconies. This home feeds into Stevenson High School as well. You have to see it to believe it!


If you are looking to buy or sell a home in Vernon Hills, Buffalo Grove or Long Grove please contact The Sharron Kelley Team, we would love to help you out.

For more information on this Vernon Hills listing Visit our website!

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Buffalo Grove Real Estate Housing Market Information

What is going on in the Buffalo Grove Market?

We are continuing to see home sales rise in many of the Lake Country Illinois suburbs including Buffalo Grove.

So What do you do When selling your Buffalo Grove Home?

The first step is to talk to a knowledgeable agent who knows the area. Every seller needs to look at an agents credentials and ask them:

What are you going to do to sell my home?

Our team gives your home the exposure that it needs. We come up in top searches of goggle, yahoo and even pay for sponsored searches. We advertise in newspapers in print and online. Coldwell Banker Online, Northernillinoishomes.com, Realtor.com and many other websites are the heart of our business.

We can go on and on about the website exposure your home we have but you need to see it for yourself. View our Exclusive Marketing Plan (PDF) and you will know you will be dealing with a great team, the number one team at Coldwell Banker in Buffalo Grove.

Just like Forest Gump said “Life is like a box of chocolates, you never know what you are going to get.”

Ever seller feels like they have the piece of chocolate that a buyer wants. Every buyer knows that they get to sift through the box of chocolates, take a bite and see which one they like.

I’m here to tell you that in either one of those situations you need an experienced real estate agent that is going to represent you, the buyer or seller so you benefit based on your situation.

Whether your home is short sale, you don’t have to move or want to; if you are relocating, looking to buy an investment property or you are a first time home buyer, the Sharron Kelley Team is here to help you.

Below is very useful information on the housing market in Buffalo Grove and many of suburbs in Lake County Illinois. Contact us for all of your real estate needs because we know how to get the job done.

Full YTD Detached Housing Market Report

Full YTD Attached Housing Market Report

Full MTD Detached Housing Market Report

Full MTD Attached Housing Market Report

The Sharron Kelley Team is a Buffalo Grove, Vernon Hills, and Long Grove Specialist. If you are looking to Buy or Sell in the Vernon Hills School District or Stevenson High School District we are the team for you.

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Long Grove Market Housing and Action Report

I have some great information for you on the Long Grove Housing Market. It is very important for sellers to grasp the effect the economy is having on listings nowadays. It is also important for buyers to realize there are many great deals out there because of the economy.

I am going to give my Jekyll and Hyde synopsis on the ins and outs of the market now; it’s good for buyers and not so great for sellers, but sellers have to realize what they are dealing with when putting their house on the market.

Buying or Selling in Long Grove!

When representing sellers in Long Grove, as the 2009 number one agent and team of Coldwell Banker in Buffalo Grove, we market your home to the hilt. Any and every angle including print advertising, virtual tours, online newspapers, feeder websites, Google, Yahoo and so much more. This is important for the exposure of your property so we can find a buyer that is interested in your home. Ninety percent of buyers start looking on the internet first before they contact an agent.

When representing buyers in Long Grove, we pride ourselves in having the knowledge to find what people are looking for. With buyers purchasing in a market that has a high inventory and with homes not selling for asking price unless priced right, we know the ins and outs of negotiating a deal so everyone is happy in end.

Long Grove Market Action Report

I am attaching some useful information about Long Grove; it goes over the Market Time, Selling Price per Square Foot, Selling Price vs. Original Listing Price, New Listings, Market Trends, Property Sales, Median Prices and Total Inventory in Long Grove.

I hope you find this information useful. If you are looking to buy or sell a home in Long Grove or any Lake County Illinois area please contact The Sharron Kelley Team. Remember knowledge is power, so chose an agent who can get the job done.

View Full Long Grove Housing Market Report (PDF)

View Full Buffalo Grove Housing Market Report (PDF)

View Full Vernon Hills Housing Market Report (PDF)

View Full Hawthorn Woods Housing Market Report (PDF)

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Buffalo Grove, Long Grove and Vernon Hills Short Sale Information

Buffalo Grove, Long Grove and Vernon Hills Distressed Properties

This past year I received the CDPE*Certified Distress Property Expert* Designation. I am now a member of this group and am learning everyday about the new governing laws for Short Sales.

There are some really good things coming down the pike, we are continuously completing short sale transactions and are helping clients without them going bankrupt.

Basically the turn around time for a short sale is 3 years and then our clients in Buffalo Grove, Long Grove, Vernon Hills and all the Lake County Illinois area can purchase again. In some cases not that long.

There are so many new things to learn. Below is a great article written by the president and CEO of CDPE Alex Charfen. He gives a great overview on Short Sales, Foreclosures and how Certified Distress Property Agents are what is going to make the difference in Lake County Illinois.

Myths Regarding Short Sales

A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs.

Myth #1 – The Bank Would Rather Foreclose than Bother with a Short Sale

This is one of the most common misconceptions. The reality is that banks do not want to foreclose on your property because the foreclosure process is incredibly costly. Banks, investors, and even the federal government have all publicly stated that if a person is qualified for a short sale, the deal needs to be considered. Overwhelmingly, banks receive more on their investment through a short sale than a foreclosure.
The qualifications for a short sale include:

1. Financial Hardship – There is a situation causing you to have trouble affording your mortgage.

2. Monthly Income Shortfall – “You have more month than money.” A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.

3. Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.
Read more

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Buffalo Grove Short Sale: www.501Arborgate.com our Featured Home

Buffalo Grove Real Estate

501Arborgate.com

We have great new property listed in Strathmore of Buffalo Grove. This home is located in the Stevenson High School District, Twin Grove Junior High School and Ivy Hall Elementary School.

This ranch home has been Updated recently and has a great location. With a newer kitchen and a wide and open family room with a stone fireplace, this home is a sight to see.

Right behind the home is a park and it is close to Buffalo Grove Shops and Restaurants. The home is close to daycares centers and Montessori schools. It has all of the features that a new buyer would be looking for when moving to a Buffalo Grove Home.

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Vernon Hills Coldwell Banker’s Latest News On Market Share in 2009

The past 12 months Coldwell Banker and Remax have been neck in neck for the Market Share housing market in Vernon Hills. It is with great pride that I show the flow chart below that features the Top Vernon Hills Real Estate Companies.

Most sellers today will interview more then one company when deciding who will represent them in selling their home.

Listing Your Home in Vernon Hills!

I have been working the Vernon Hills real estate market for many years and have sold many Vernon Hills homes including quite a few homes in Gregg’s Landing. When choosing a realtor you need to ask them key questions that are going to be the deciding factor of who is going to sell your home.

Yesterday I posted great information that includes the questions you want to ask when looking to list your Vernon Hills home. (Click here to view)

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