Happy Friday! What do you think, is social media a helpful marketing tool or a gateway to personality and behavioral disorders?
Black Friday is a time when shopping takes primary focus. According to Chicago Agent Magazine, competition and shopping frenzy makes selling real estate during the holidays a great time. Unfortunately, the amount of real estate supply is less. However, the demand is higher. Let’s get some contracts this weekend! Good luck with open houses!
“Waiting it out” has been a common feature of the real estate market. Although house prices have risen, the overall month to month prices have declined. According to the KCM Blog, if selling your home in the next year, remember that waiting it out might take longer than you thought. Consider a price reduction or going “green” in order to drive up interest in your property.
Short sales have been skyrocketing this past year. According to MRED, under contract short sales have risen 18% this year in Elmhurst alone. Therefore, short sales need a little more flexibility. The new guidelines allow additional private mortgage companies to okay short sales and deeds without an extra review time.