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Market Conditions in Elgin : Real Estate Advice

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  • Home Buying47
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Activity 6
Mon May 5, 2014
Alice asked:
This question was asked from http://www.trulia.com/rental/3154711655-2045-Monday-Dr-Elgin-IL-60123
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Wed Nov 6, 2013
Eric Gumprecht answered:
Hi Dawn,

All of College Green subdivision which is east of Randall Road would be South Elgin High School . I specialize in South Elgin and Elgin, let me know If I can help you with anything.



Eric Gumprecht
Prudential Starck Realtors
(847) 691-5799
EGumprecht@StarckRealtors.com
South Elgin & Elgin's Go To Realtor!
... more
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Fri Jul 24, 2009
Mylovesmylife answered:
Hey I am not a broker so ill give you the 411 on kenneth circle. If you are looking for affordability then yes but the area is bad. Lots of crime alone in that area I had some friends that lived there and the police were always out there. Lot of teenagers rent out and party a little too much and also saw a lot of drug deals going on while being out there. Me and my fiance thought about moving there just because the price was great but we want children and dont want them to be brought around that. ... more
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Thu Jul 31, 2008
Chris Clark answered:
Hello Brenda - I am the listing agent for the home at 225 Villa. We were on the market since last October at $219,900 and finally started to get some interest at $195,000. To get a contract quickly that would hold together we ended up reducing to $175,000. There is quite a bit of interest at that price point. That house is 4 bedrooms, 2 baths and fully restored and updated as well. Appraisers are ultra conservative right now. Let me know if you have additional questions. Thanks! ... more
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Wed May 14, 2008
Tim Soper answered:
You are correct Holly: my crystal ball is in the shop!

Seriously, though, I think it comes down to your need/motivation to sell. It sounds like you don't have to be a seller, so I wouldn't be in this market.

One point to consider, however, is the "value" of your home. Just as you believe your home (and others in your neighborhood) are being under valued, the values from from 2004 to 2006 were often overvalued. I have clients who bought at the peak who will probably be waiting 2 to 4 years to get back to peak values.

Good Luck & Best Regards,
Tim
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Tue Mar 25, 2008
John Sacktig answered:
Unprofessional my butt.

People are not stupid. Speaking the truth and not tap dancing around issues is necessary to get answers.

You blindly give an answer without knowing the background of the person and what their financial situation is. To make a statement to NOT do it because you think your heard something about foreclosures and are trying to convey the thought to someone in an inane manner is useless.

Again. Do the math.
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Market Conditions in Elgin Zip Codes

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