One way to get your home sold faster is to offer seller incentives. Seller incentives such as offering closing costs are especially helpful in persuading prospective buyers who are torn between several different properties that are similar. A reputable Realtor who is experienced in the Central, Illinois real estate market can help you decide which seller incentives are likely to sell a home in today’s market. According to an article by Realtor.com, it’s a seller’s market in some parts of the county but not everywhere. Depending on the age and location of your particular home, you may or may not see multiple offers or even a single offer that appeals to you. It’s difficult to accept, but some buyers can be finicky and demanding. To nudge buyers to pick your listing, Realtor.com has several suggestions.

First Time Home Buyers Springfield

Many first-time homebuyers in Springfield, IL, are enamored with new home models with the mini-bar in the game room and the sleek porcelain tile in the family room, but new home aren’t always in their price range. First time home buying can be a cake walk as long as you understand what you are getting for your money. Having your finances in order and being pre-qualified for a loan can make it easier for you to find a newly-built home or a newly-renovated older home within your budget. According to an article by Bankrate.com, there are several signs that indicate a person is ready to buy a home. By choosing a reputable Realtor who knows the Central, Illinois real estate market, you are going to have an edge.

Homes for Sale Springfield, IL

People of all ages are creating a demand for Midcentury modern resale homes in Springfield, Illinois and around the country. If you are searching Midcentury modern home listings, it may be difficult to track down resale homes with that Frank Lloyd Wright design and feel. According to an article by Houzz, interest in the Midcentury modern design has blossomed in the digital age of technology.

Perhaps it’s no coincidence that the motto of Chatham Village, Illinois, is “where families grow.” When house hunting for homes for sale in Chatham IL, it’s easy to find ones that are ideal for young families as well as multi-generational households. According to census reports, Chatham had a whopping 30 percent increase in job growth in the past decade. The village is home to the Championship Cow Chip Throw as well as the Chatham Sweet Corn Festival, which takes place in July. With the help of an experienced Realtor who knows the Chatham Illinois real estate market, you can find a new or resale home that is the right size and style for your family.

Real Estate Image

If you want to sell a home in Central Illinois, the bad news is that the majority of homebuyers prefer new construction. The good new is that only 46 percent of homebuyers are willing to pay more for a newly built home. As a homeowner in the Springfield, ILL area, you have probably noticed many appealing new subdivisions being built. According to a recent report by Trulia, American homebuyers prefer new construction 2 to 1. The survey, however, gives people who want to sell their homes insights into what buyers really want. With the help of an experienced Realtor who knows the Springfield, Illinois housing market, you can get the edge you need to compete with new construction and custom homes. Existing homes can definitely appeal to homebuyers of all ages as long as they meet the persnickety homebuyer’s criteria.

Real estate experts are forecasting a surge in home sales as listing prices drop across the country. For home buyers and sellers in the Springfield, Illionis area, it may be a good time to take the leap to buy or sell a home. According to a recent article by Redfin Research Center, sellers are dropping prices around the country to cater to the new value-focused expectations of homebuyers. Enlisting the help of an experienced Springfield Remax Realtor can give you the edge you need to navigate the ever-changing housing market. Experts are saying housing market activity may be the strongest in the past 5 years. Jim Fulgenzi & Co. Springfield Remax offers a few tips for understanding the value home buyer’s expectation’s.

Thursday, 11 September 2014 18:52

How to Sell my Home as a Pet Owner

Are you thinking about getting ready to "sell my home?" If so, you will want to be sure that you are aware of what to do to attract as many home buyers as possible, and as a pet owner, this means getting rid of the signs of pets. Home buyers do not like signs of pets in a home because it could indicate a number of things, such as bad smells, pests are around, such as fleas, or that there are other damages, such as scratching that can be found around the home.

Whether you own a home in Chatham, Rochester or Springfield IL, you may be wondering whether now’s a good time to sell. Since the housing boom a few years ago, real estate experts have been keeping a close eye on home prices. According to a recent article by Trulia about the “Bubble Watch,” when home prices become overvalued compared to their fundamentals, it’s time to worry about a future housing bubble. However, the article named the Chicago, IL area as one of the top 10 undervalued real estate markets in the country. Relative to the fundamentals, homes in the Chicago area are undervalued by 16 percent even though the asking prices were up by about 14 percent this year. That’s the Midwest housing market is providing good news for both buyers and sellers in the Chatham, Rochester and Springfield, IL area. As a home seller, it’s important to find an experienced Realtor who knows how to market your property and negotiate when real estate is undervalued.

With some homes listed for less than $100,000, Rochester, Illinois is an affordable place for the youngest generation of homebuyers called the Millennials. As young home buyers hunt for homes for sale in Rochester IL, it may become more of a seller’s market. According to a recent article by the Illinois Association of Realtors, Millennials view a home purchase as a good investment. A National Association of Realtors report on generational trends showed the median income for a Millennial is $66,200. The average budget for a Millennial home buyer in their 20s and early 30s is about $165,000. The average size of homes they buy is about 1,700-square foot.

Buyers and sellers each have reasons to celebrate now as interest rates remain low and home prices appear to have stabilized. According to data from the Illinois Association of Realtors, home prices in Illinois have experienced 22 consecutive months of gains, but the most recent gains are smaller. Statewide, the median price of a home is $179,900. In Springfield, the median sales price for homes is $115,000, according to data from RealEstate.com. Home sellers in Springfield IL can capitalize on real estate trends by putting their home on the market while homes are selling.

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