Schaumburg Homes

Monday, August 15, 2005


Ask anyone and they will tell you that the real estate market is slower now than last year at this time. Last year at this time there was no question that it was a Sellers Market. Even homes that where overpriced due to agents willingness to "buy" a listing had a chance of selling. Now that the market has slowed proper pricing and marketing are needed to sell even the nicest homes.

Gone are the days of putting your home in the MLS and having it sold in 24 hours with multiple offers. Now while we are still in a Sellers Market it has become increasingly important to price the home correctly or it will sit on the market and get a reputation as a "problem house". Buyers want to see new listings, not a home that has been on the market for 3 or 4 months.

In todays market overpricing a home will not only slow the sale, it will cost a seller money. For more information about pricing your home to sell feel free to visit

Sunday, August 14, 2005

Free Credit Report

Once every 12 months consumers can receive from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion a free copy of their credit report. This report will show all open credit lines, paid lines from the last 7 years, negative items (Will be posting on how to dispute these items later), any time that your credit has been pulled in the last 12 months, and your personal information.

It is very important that consumers review their credit report every year to make sure that there aren't any errors. Most reports have at least one error on it, this may be minor like a incorrect address or it could be major like a credit card that isn't yours with missed payments. Take the time to order your free report today at this site (free credit reports).

Remember these reports are what creditors use to decide how high or low your interest rate will be and now insurance companies are using it as a factor for your insurance rates.

Wednesday, August 10, 2005

Schaumburg Real Estate - 8/11/05

Schaumburg real estate market update for 08/11/05.

There are currently 152 single family homes listed on the MLS with a price range of $227,000 up to $1,500,000. Of the 152 homes currently listed 46 of them are currently under contract. This leaves 106 single family homes available in all of Schaumburg.

Attached homes are either condos, townhomes, or coach homes. There are 281 attached homes on the market with a price range of $112,900 for a studio condo up to $576,000 for a luxury 3 bedroom 2 and 1/2 bath townhome. 136 of these listed homes are under contract as of today and that leaves 145 attached homes that are available.

For more detailed information about Schaumburg visit