KM Realty Group LLC Chicago

Thinking about selling your house in Chicago? A few years ago, homes were selling rapidly and getting multiple offers well over their asking price. You could name your price and still have buyers lined up at the door. But today’s housing market is different. Now that inventory has grown, buyers are getting more selective. Homes are sitting a little longer, and more sellers have to cut their prices. So, how do you still come out on top? It all starts with pricing your house right from the start. Today, that matters more than ever — and it can make or break your sale if you’re trying to sell your house fast in Chicago. There’s a Real Price Disconnect Between Buyers and Sellers A  recent survey  from  Realtor.com  shows 81% of home sellers believe they’ll get their asking price or more. However, the actual sales data reveals a growing gap between what sellers expect and buyers’ willingness to pay. An  annual report  from the  National Association of Realt...

From rising home prices to mortgage rate swings, the housing market has left a lot of people wondering what’s next — and whether now is the right time to move. There is one place you can turn to for the answers you want the most: the experts at a trusted Real Estate Agency in Chicago. Leading housing experts are starting to release their projections for the rest of the year. These insights will give you clarity — and a little more optimism than you might expect.  Business Insider  sums up the forecasts (and why they’re good news for you): “As mortgage rates go down this year, affordability may improve slightly for homebuyers. Inventory is also expected to grow, which should help moderate price growth and make finding a home easier.” Let’s break it down. 1. Mortgage Rates Should Come Down (Slightly) While a major drop isn’t on the table,  forecasters  are calling for a modest decline in rates in the months ahead as the economic outlook becomes more certain. Based on t...

Whether you’re planning to move soon or not, it’s smart to be strategic about which home projects you take on. Your time, energy, and money matter — and not all upgrades offer the payoff you might expect. As   U.S. News Real Estate   explains: “… not every home renovation project will increase the resale value of a home. Before you invest in a swimming pool or new addition, you should consider whether the project will pay itself off by getting prospective buyers in the door when it’s time to sell.“ That’s why, before you pick up a power tool or call a contractor, you should talk to a real estate agent from a reputable real estate agency who understands local market trends. Planning Pays Off If you plan to move relatively soon, you’ll want to get a jump start on your to-do list. And even if moving isn’t on your radar yet, life can change quickly, and a new job, a growing family, or shifting priorities can fast-track your plans. You don’t want to be scrambling to fix up your hom...