July, 2019 Chicagoland Housing Market Update

Timelines when Selling Your Home

*Preparing* your home for the market is a critical, and often overlooked, step when selling your home. It’s really, really important you have the home in show-ready condition before putting it on the MLS. You only have one chance to make a great first impression! In this podcast, we also discuss the listing agreement, staging, photos, videography, and our comprehensive digital marketing strategy. Eric Andersen: Your Chicagoland Real Estate Expert (708) 674-6725 call/text eric@eandersenhomes.com

How Quickly Will My Home Sell?

Market climate will have a big impact on how quickly your home will sell. But there is such a thing as selling *too* quickly. For more on how market climate, absorption rate, and inventory influence market time and sale price, check out my video! Eric Andersen Homes: A Smarter Approach to Real Estate (708) 674-6725 call/text eric@eandersenhomes.com

Chicagoland's Best Ice Cream!

From Plush Horse to Premo’s, here are some my family’s favorite places to go for ice cream on a hot, summer day. If I missed your favorite, leave a comment and let me know! Eric Andersen Homes: A Smarter Approach to Real Estate (708) 674-6725 call/text eric@eandersenhomes.com https://vimeo.com/354097582

Why Live in La Grange?

Historic homes, a strong sense of community, close proximity to the city, and outstanding annual events top the list of reasons why you might consider a move into La Grange. Eric Andersen Homes: A Smarter Approach to Real Estate (708) 674-6725 call/text eric@eandersenhomes.com https://vimeo.com/355232998

July, 2019 Chicagoland Housing Market Update

💵 Strong appreciation in national values in 2019 (5.41% in our region) 📈 Forecasts project a national increase of 5.6% going forward 🏦 Low rates & low inventory translate to high demand and rising home values ﹪ Interest rates are at 3-year lows, which is great news for both sellers and buyers 📉 In the Chicagoland area, supply has decreased by about 8,000 homes over the past 3 years 🌟 During that same time, prices have increased about $35,000 🏙 Market time has also decreased and is sitting just below 80 days 🌟Tips for buyers and sellers at the end! As always, contact us for a smarter approach to real estate! 👍 Eric Andersen (708) 674-6725 call/text eric@eandersenhomes.com www.ericandersenhomes.com