Foreclosure Alternative: The Short Sale

In today’s market, a significant number of homeowners are forced to deal with declining home values and job layoffs. It may seem that the only option is to “give” your home back to the bank, and deal with the ramifications of bad credit. But even though you foreclose on your property, you may still be… Continue reading Foreclosure Alternative: The Short Sale

Schaumburg Market Stats 2010

According to statistics from Midwest Real Estate Data, this past year there were 214 Detached home sales in Schaumburg, IL.  Of those 214 Single Family Homes that sold, the average sale price was $304,243.   Average days on market for was 133 days. Home sales for Attached properties in Schaumburg, which includes townhouses, condos, and duplexes, came… Continue reading Schaumburg Market Stats 2010