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Check out my mobile friendly Real Estate Website www.MonicaMancano.com (Ranked #1 - Century 21 Affiliated Agents) that feeds directly from the MLS so you can see properties as soon as they become available!
I encourage you to set up a home search on my site by clicking on the SIGN IN link located in the upper right corner of this website.
You're also welcome to search on your own without registering or to make it easier, let me know what you are looking for and I’d be happy to set it up for you.
Looking forward to hearing from you soon!
This is what it feels like when there is a Century 21 Agent in the house! Which one are you?
Enjoy the Videos! :) Monica Mancano, REALTOR®, MRP, AHWD
Here's the article from Zillow.
Real Estate: 4 Questions to Help You Time the Market
Buying a house isn't a simple process. In fact, you could make your list of pros and cons and still end up undecided and confused of your next step. If you happen to plan to buy while it's a seller's market, or you are worried about rising interest rates, then you probably aren't sure whether it's the right time for you to buy.
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1. How do I know whether to buy now or wait?
The million-dollar question when buying a house is: Is this a good time to buy? You obviously wouldn't have the answer to this, and the best next thing to do is to ask a local real estate agent's opinion. An agent should be able to tell you the current market's situation and back it up with facts, equipped with information on current data and trends, and be able to offer advice in your best interest.
2. How much will seasonal trends affect my results?
The real estate market behaves differently during different times of the year and most people take advantage of this. Real estate agents know that there is an influx of home buyers during spring and summer as not as much people want to go house to house during the frigid winter season. However, if you want to be wise, you could choose to buy during down seasons like fall and winter when there is not much competition and prices are likely more negotiable.
3. Are 2015's seasonal trends in line with the previous years?
Knowing the changes in the market in terms of seasonal trends can help you decide on whether now is the best time to buy. In Chicago, the price per square foot for homes rose 4.4 percent in a span of one year. Your agent should be able to help you interpret the statistics and find out whether such asking price hike is "normal" and advise you based on this year's trends.
4. How is my price range, relative to homes on the market?
Ask your agent of the actual comps and what your price range would get you today versus a year ago. The two factors that need to be looked at are median prices and price per square foot. Your agent should be able to help you understand how your budget relates to the median price in target neighborhoods and if there are trade-offs that you can do to get what you want now versus a few months ago.
For more information, click on this link: 10 Step Guide Real Estate Buying Guide
If you have more questions or need additional information, please contact me. My Real Estate Dream Team and I are here for you!
You can call/text me at (630) 669-2401 or email me at firstname.lastname@example.org and feel free to visit and use my mobile friendly Real Estate Website www.MonicaMancano.com. (Ranked #1 - Century 21 Affiliated Agents) to see properties that are currently available from the the MLS.
Looking forward to hearing from you soon! Monica Mancano, REALTOR®, MRP, AHWD, Century 21 Affiliated