Real Estate Information

Bryan Bomba Group's Blog

Bryan Bomba

Blog

Displaying blog entries 1-10 of 813

Residential Real Estate Market Peaked In September

by Bryan Bomba

While it's no surprise to anyone that residential real estate performance in 2013 was better than 2014, this year had the highest level of performance in September. Read the USA Today article.

Buy A 75' Wide Lot For The Price Of a 50' Lot In Hinsdale IL 60521

by Bryan Bomba

 

Buy a 75 x 125 lot in town Hinsdale IL 60521 for $499,900! With new construction as hot as it is in Hinsdale these days, the skinny 50 x 123 lots are selling at or about $425,000. And there is a monumental difference in what you can build on a 75' versus that of a 50' lot. In fact, mot buyers of homes on 50' lots in Hinsdale are those upgrading form 50 footers. 

This property is located in the Monroe elementary school district across the street from Stough Park. That's right, a park is directly across the street. Better yet, the walk to the west Hinsdale train station is measured in seconds, not blocks or minutes. Be the envy of everyone at the office as you brag about your fall-out-of-bed-and-I'm-at-the-train commute.

If you have interest, contact me at Bryan@Bryan Bomba.com  Even if you've never built before, I am happy to educate you on the process. I know all the architects, builders and every other player in new construction in this area. So, let's get going. Contact me for your private showing. 

 

The Best Home Automation System

by Bryan Bomba

Right now, my favorite home automation system is Control4. In my opinion, it offers the best combination of cutting edge technology with reasonableness in pricing. It's a stable system with functionality ranging from controlling your thermostats from an airplane to supporting over 40 audio streaming services. Check out the link to their website, above.

If you get serious about automating your home, contact Tim O of ABT Custom Audio. 

 

 

As of October 15, 2014, the Downers Grove Township Assessor's Office has posted their 2014 assessed real estate valuations. Property owners have been mailed the new valuations, which show the assessor's opinion of the value of the property as of January 1, 2014. 

If you believe a mistake has been made and/or that your property valuation is overstated, then now is the time to appeal. You have 30 days. And the clock started ticking on October 15, 2014.

The appeal process involves demonstrating that, as of 1/1/14, your property is worth less than the assessor says it is worth. You need to show comparables that have closed before 1/1/14. Anything after that date is ineligible.

If you have questions about this process and you are past client of mine, just call. If you are not a client and wish to be, call. 

New Car Dealership In Westmont IL

by Bryan Bomba

Beginning tomorrow, residents of Chicago's near western suburbs will have a new choice when looking to purchase a used luxury car or motorcycle. Ultimo Motorsports, owned by Ghaben Auto Group, will offer high end automobiles and motorcycles in an indoor showroom. The dealership owns and operates three other dealerships in Warrenville, Oak Lawn and Bridgeview. 


This new business is located at 150 W. Ogden Avenue in Westmont, IL. It is the former location of a Chevy dealer. 

 

Interest Rates Are Rising-You May Want To Buy Now

by Bryan Bomba

The Federal Reserve Bank is very likely to start increasing interest rates in early 2015. This longer term prediction is that the interest rates will continue to increase for the following three years.

The monthly periodical, Reserve Bank Survey, had accurately estimated that there would not be an increase in the cash rate at this week's meeting. However, the same group had indicated a gradual interest in interest rates beginning in 2015. 

Because housing is perceived as stable, there appeared not to be a need to cut rates further. The balance of the economy was perceived as average. As such, an increase in the interest rates appears to be a prudent move. 

If this occurs, a prospective buyer's buying power is reduced significantly. Also, the fourth quarter of the year tends to be the time when homes are taking a bit longer to sell. Together, these two factors are compelling reasons why a savvy buyer may not want to wait until next year to make a home purchase. 

Imagine a true "walk to" lifestyle where you commute to downtown LaGrange, the Metra commuter train depot and the local elementary school is measured in steps, not minutes or miles. Better yet, imagine a community where there are 57 restaurants contained within city limits. See for yourself, the restaurants in LaGrange are the envy of the western suburbs. 

413 S. Catherine in LaGrange is a four bedroom, 3 1/2 bathroom home idyllically situated in the historic district, the most coveted of all neighborhoods. All bedrooms are on the second floor. It has been updated and more than well-maintained. Attached two car garage.

Contact me for your own private showing. Priced at $675,000. 

 

Hard-To-Find Estate Home In Hinsdale IL On Acreage

by Bryan Bomba

Hinsdale Illinois is noted for many things. Excellent public schools. Extreme convenience into the city of Chicago by car or train. Low crime. Beautiful homes. Hinsdale Illinois is also know for having small lots. The lots are so small, we do not refer to them in terms of acreage, we refer to them in terms of front footage. And this is true in all price ranges (the average asking price is Hinsdale Il is $1,500,000 for a detached house).

I am more-than-excited to share with you a rare opportunity. In fact, I'd go so far to say that it is a once-in-a-lifetime opportunity. Here is a chance for your family to live in-town Hinsdale (if you don't know what this means, ask me) on your own 1.6 acre forest in a 5,600 square foot custom home built exclusively of the finest materials (stone, copper, slate). Imagine being able to walk to schools, train and downtown Hinsdale while still having the unimaginable privacy that other Hinsdaleans only dream of. Take a look for yourself:

 

And it is even more impressive in person. Contact me for your own private viewing to see what I mean.

 

Hinsdale IL Real Estate Report For July 2014

by Bryan Bomba

For a brief review of the residential real estate activity in Hinsdale IL 60521, click Hinsdale Report

Best Hinsdale IL Home For Sale Under $900,000

by Bryan Bomba

If you have an interest in owning a home in Hinsdale IL and your budget is less than $900,000, this Hinsdale property is a must-see opportunity. Located on a quiet, low traffic street in the always appealing Madison grade school area, 735 S. Adams In Hinsdale IL 60521 is absolutely in move-in condition. 

With two neighborhood parks located within very, very short walks and the Hinsdale IL west Metra commuter train station situated in this neighborhood, you are sure to enjoy the daily benefits of a true "walk to" lifestyle. 

Here are the fundamentals: Four second floor bedrooms. Two full bathrooms. Two half bathrooms. The largest first floor family room you will see in this price range. White eat-in kitchen with island. Nicely finished lower level with copious amounts of natural light. Interior lot with a private back yard. All in, a winning package. Contact Bryan@BryanBomba.com for more details. 

 

 

Displaying blog entries 1-10 of 813

Syndication

Categories

Archives