Archive for the category: Real Estate Market

Buying a House? 4 Reasons to DO IT NOW http://www.keepingcurrentmatters.com/2014/07/28/buying-a-house-4-reasons-to-do-it-now/ via #GlenEllynIL #WheatonIL #West ChicagoIL

Consumers Would Change Lifestyle to Avoid Default http://dsnews.com/news/07-23-2014/consumers-change-lifestyle-avoid-default

Many areas of Northern Illinois are in sellers markets. A sellers market occurs when it takes less than 5 months to absorb the current housing inventory. Many cities are at or below 5 months.

If your city has inventory that takes less than 5 months to sell your property should sell quickly. If it hasn’t sold consider your price. Price, location and condition are major factors in selling a home. Sellers can change the price and condition but can’t easily change the location of the home.

If you are testing the market with a higher price you will eventually chase the market. Consider your current mortgage payment if you need to sell quickly price at market value. If you price it to high you will pay a mortgage each month it hasn’t closed. Why spend more money on a mortgage when you can drop the price and move on to the new home.

Need to see it on paper? Ask me and we will run the number. Let’s make sense of your home sale.

REALTOR Party Convention 2014, formerly,  Midyear,  is happening the week of May 11th – 17th where real estate agents from all over the United States will come to Washington DC to meet with members of Congress, lobby and learn.;

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I am one of the bloggers for the event. Live blog

Inventory is low is West Chicago, IL.  Don’t wait to sell.  Get ahead of the competition.  Click to view the stats.

Homes for Sale for 185 – West Chicago and more.

I’m sitting at the Hair Salon with my daughter. Love the fact that our new stylist is close to home. This is a plus when you are employed, self-employed or extremely busy. Jenita does an awesome job at Splendid designs. She’s quick and professional. Villa Park is a skip and a jump from my office and home. What amenities are important to you when you are looking to purchase a home?

We’ve heard it on the news, seen it on a blog and read it on social media. The truth for the DuPage, IL County market on real estate inventory is, Yes, inventory is low. Now is a great time to consider selling your home. It doesn’t cost anything to make an appointment to determine the value of your home. Once you’ve determined your price, and you’re not upside down on your mortgage, you will find buyers knocking down the doors to see your home once it’s on the market at the best price.

If selling your home is in your near future contact me today. I’m available on Facebook, Twitter, LinkedIn, email, text or phone.

[email protected]
630.405.8994 text or call
www.facebook.com/CarrieLittleRealtor

2013 has just about come to an end. Based on our market and my real estate experiences through out the year it’s easy to say that the market has changed. If houses were listed at market value not only did the home go under contract but it went under contract with multiple offers, back up offers and sold quickly. Great for sellers. Although this was true it still did not mean that homes have increased significantly. However, values are higher than last year.

If you were a buyer this year you figured out that inventory became low after April. There are now less homes to choose from. Investors have started pulling out of the market. The great deal home is a bit harder to find. Based on our market data the bottom has come and gone. Therefore, if your were waiting for the bottom stop looking for it. You’ve missed it.

For sellers now is one of the best times to sell a home. For buyers there is no better time to jump off the fence and own. Prices are still at affordable rates.

For detailed information on your city email, text, inbox on Facebook or call today.

See on Scoop.it – Your home space

Lenders are likely moving these properties more rapidly to the public auction given that there is strong demand from institutional buy-to-rent investors at the auction and that rising home prices mean more of the loan losses can be recouped, either by selling to an investor at the auction or by repossessing the property and reselling as bank owned,” Blomquist said.

See on www.iarbuzz.com

See on Scoop.it – Your home space

According to sources in contact with The Wall Street Journal, Facebook made an offer of “$3 billion or more,” but Snapchat cofounder Evan Spiegel is opting to wait until 2014 in hopes of a better valuation for the company.

See on mashable.com