3 Big Reasons To Make Your Move

real_estate_planning3 Big Reasons To Make Your Move

Published by: HomesInTheFoxValley.com – April 8, 2016

The spring real estate season has officially kicked off, and we are full steam ahead into the strongest real estate market in nearly a decade.

A good local REALTOR® is your best resource to help avoid issues that might put your real estate goals at risk. They will walk you through each step of the transaction process and make sure that nothing is overlooked.

If you have been on the fence about Buying and/or Selling Your Home, here are 3 Buyer & 3 Seller Reasons to consider:

For Buyers…

1. Increasing Prices. Home prices in Illinois have increased steadily every month for the past 41 months, and experts expect this trend to continue for the rest of 2016.

2. Historically Low Rates. Mortgage rates are around four percent right now, providing buyers with an incredible opportunity to keep monthly payments to a minimum.

3. Rents are Rising. RealtyTrac’s 2016 Rental Affordability Analysis found that buying is often more affordable than renting. The higher rents go, the more difficult it becomes to save for a down payment.

For Sellers…

1. Less Competition. The number of homes for sale in Illinois in January declined 12.6 percent from January 2015, meaning there are even fewer homes to meet the incredible demand.

2. Shorter Market Time. Because demand is so high, available properties are seeing multiple offers after spending fewer days on the market.

3. Positive Price Appreciation. Homeowner equity, generally your largest source of wealth, has increased across Chicagoland due to the consistent increase in home prices.

If you are considering buying or selling in 2016, let’s schedule a time to consult. We can discuss your specific goals, needs and the conditions in your local market to develop a plan that’s right for you.

For all of Christopher’s Buyer & Seller Resources, visit him at: http://www.HomesInTheFoxValley.com/general-home-buyer-seller-resources/

At HomesInTheFoxValley.com, we ready to  coordinate the smoothest transaction possible. Buying or Selling a home takes time and energy, but it’s extremely rewarding. After you’ve signed the papers at closing, all of our hard work will have paid off, and you will feel that wave of  excitement as you move in your new home, or on to your next home!

3 Big Reasons To Make Your Move

Visit Christopher Tenggren’s Blog again soon at: http://HomesInTheFoxValley.com/blog



Christopher Tenggren

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