Posted On: May 21st, 2018 1:42AM
The housing market has proven its resilience over the years. A decade ago it had hit rock bottom with prices falling to historical lows. This housing crash is now a distant memory as prices have steadily increased over the last five years.
With a strengthening economy, rising employment figures and low interest rates buyers are flooding the market that has too few homes to sell. This low inventory has many causes and includes: homeowners who prefer to renovate rather than move, baby boomers who have decided not to downgrade, decreased development of new homes, distressed properties converted by investors into rentals and millennial buyers purchasing their first homes.
There are sellers who are driven to sell by the tax changes which will be implemented in the 2018 tax year. They are trying to stay within the deductible tax limit on their mortgage interest and in areas with lower property taxes.
If you are looking for a quick sale in this seller’s market, then keep the following in mind:
• Spring and early summer is an optimal time to sell
• Consult with your agent to ensure that you price your home correctly; an overpriced home can stagnate on the market
• A CMA (Comparative Market Analysis) is the best way to find the true worth of your home and how to best market it
• Even though there is a demand for homes remain practical about what your home will sell for, according to your area
• Tackle any touch ups and make sure that your home is tidy
• Stage your home to make it appealing to prospective buyers
I offer thorough valuation estimates, strong marketing strategies, and a keen eye for the local home-selling climate. Think of me as your trusted REALTOR® for your next home sale.
Posted On: April 18th, 2018 1:37AM
Pricing your home correctly is the key to a timely home sale. Price too high, you get no offers. Price too low, and you leave money on the table.
I use the following criteria to arrive at a viable target selling price for your home.
If you are thinking about selling, please call me and I will do a thorough home valuation, complete with a visit to your home and diligence when researching comparable sales in your area. I always discuss the reasoning behind my comparative market analysis.
Posted On: March 17th, 2018 6:23PM
As exciting as it to buy a home, it’s important to think about your finances early, before you sign on the dotted line. I have a discussion with my clients so they are well-informed and well-equipped when it comes to their financial investment as homeowners.
Take time to contemplate these important areas.
Keep equity growth top of mind: From start to finish, don’t lose sight of the benefits that equity growth in your home provides. With every decision you face throughout your home buying journey, ask yourself “Will this contribute or take away from the equity I plan on building in my home?”
Be realistic when you plan: Make a list of the things you desire (vs need) in your next home. You may be able to have both, and that’s great. Most important is to address your primary needs. Take an honest look at your current income and expenses; keep in mind the big costs you expect to come up in the future (college, family vacations, cars, etc.). Try to learn a bit about mortgages on your own and avoid the temptation to max yourself out once you do sit down with your mortgage lender. Having a frank conversation with everyone in your family will go a long way in making the best decisions long-term.
Find a mortgage lender you trust: A great mortgage lender will be aware of all your loan options, be willing to educate you on the loan process, and make proactive suggestions based on your particular situation. It’s OK that you don’t know all the ins-and-outs of mortgage lending. Once you find the perfect fit in a loan officer you’ll feel supported and confident in your decisions.
Lean on me for advice: As your REALTOR®, I do not have a mortgage lenders license, but I do know a lot about mortgages. I have a relationships with several reputable lendeSavers. Reach out early and allow me to be there for you when you first start contemplating your home purchase.
Reach out anytime if you are thinking of buying and have questions. Text, call or email! As your Chicagoland northwest suburbs REALTOR®, I am here to listen, help you make a plan, and work for your best interests.
Posted On: February 20th, 2018 8:56PM
It’s been an interesting 2018 already when it comes to housing and homeownership. Here’s a list of the expected changes in the housing market for 2018.
As your trusted REALTOR® serving Chicago’s Northwest Suburbs, I would be happy to speak with you about your specific needs.
If any of these expectations look like they may affect your housing situation, and you would like to have a meaningful conversation about your options… let’s talk.
Posted On: January 17th, 2018 6:45PM
Most homebuyers start their home search online. The photographs of your home could be the deciding factor on whether they request more info, or schedule a showing appointment.
For my seller clients, I have professional quality photos taken of the exterior and interior of their home.
Here are a few of the benefits of using a pro photographer :
As I mentioned, included in my marketing strategy is professional quality photos for your home. You deserve this valuable home-selling effort that entices buyers to visit your home.
Let’s talk if you are considering a move soon!