Archive for October, 2015

Tricks and Treats To Help You Sell Your Home

October 28, 2015

kids

Soon little goblins from all around your neighborhood will be coming to your door asking for candy by saying “trick or treat”. There may be more to than you think if you are in the market to sell your home. Let’s take a look at a few tricks and treats that may help you to sell your home more quickly than you may have thought you could. Of course a good Realtor is the way to go but you and your Realtor can talk about these ideas and decide which tricks and treats you want to use to sell your home.

  • For some reason buyers are a little scared of the number 9 in your asking price. The last thing you want to do is to frighten your potential buyers off by using the number 9. We have all seen this tactic in the local stores where items are listed for sale at a price of $9.99 or $12.99. Instead of using the number 9 in your sale price why not just round up to the next number to make the number nice and round and to avoid turning away buyers that may have otherwise been interested in your home. For instance instead of listing your home at $199,000 go ahead and list it at $200,000. When your sale price ends with a 9, it looks like you are trying too hard to give a bargain and buyers are not particularly looking for a bargain deal when buying a home.
  • Another trick and treat that may help you sell your home is to stay away from a lot of aromatherapy. While aromatherapy is a good thing, it can confuse and even turn off some potential buyers. When potential buyers are looking at your home they are affected by not only what they see but by what they smell as well. If you happen to have a person tour your home who hates the smell of vanilla and you have it piped throughout your house with candles or other smelly goods you may lose that buyer that easily. A good rule of thumb is to go for a fresh clean scent such as pine sol or something similar. You can fill a sink with water and put a dash of pine sol in there to help your home smell nice and fresh.
  • If at all possible, stage your home. Homes that are staged tend to sell more easily than those that look extremely lived in. Folks want to imagine their own family living in your home, not see how you and your family live there.

Hopefully these tricks and treats for selling your home will help keep you from frightening off potential buyers.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

Chicago Real Estate Market Trends – Sept 2015

October 21, 2015

Chicago Real Estate Market Trends – Sept 2015

growth

Chicago Real Estate Sales – Detached Single Homes

Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Park, North Center, Rogers Park, Uptown, West Ridge, West Town.

The number of Chicago detached single homes selling in September 2015 increased 5.85% for the month compared to September 2014. The average selling price increased by 4.36% to $892,311 and the average market time increased by 28 days or 5.00%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2015

199

$892,311

96%

84

Sept 2014

188

$854,987

97%

56


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in September 2015 increased by 1.69% for the month when compared to September 2014. The average selling price increased 5.72% to $414,630 and the average market time decreased by 3 days or 4.47%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2015

1,142

$414,630

97%

64

Sept 2014

1,123

$392,192

98%

67


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in September 2015 decreased by 15.7% for the month when compared to September 2014. The average selling price decreased 5.66% to $479,033 and the average market time decreased by 12 days or 14.1%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

Sept 2015

107

$479,033

98%

73

Sept 2014

127

$507,789

96%

85

Curious about the value of your home? Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties

Chicago 100 Years Ago

October 9, 2015

Ever wonder what Chicago looked like 100 years ago? Wonder no more! Watch this amazing video by YouTuber “Yestervid”, who has pieced together dozens of videos to transport viewers back in time.

This is an amazing collection of the earliest motion pictures made in Chicago from 1896-1935. What is also cool is the video shows dates and maps showing precisely where the camera was placed.

The video starts in 1914 as a boat crosses Lake Michigan. From there, it shows you a simple road with a few trees, cars going down it. Today, that road would be bustling, red-bricked buildings surrounding every corner!

The film features places such as the stockyards and Michigan Avenue as far back as 1896. It also shows early 20th century clips of Theodore Roosevelt, Al Capone and recently discovered footage of the SS Eastland disaster on the Chicago River in 1915.

The producers believe they have also identified the previously unknown location of the oldest surviving footage of the Chicago – a short clip of a police parade in front of a now-demolished building in 1896.

The film was taken outside the Battery D building which stood on the corner of Michigan Avenue and Monroe Street.

Be sure to watch… you’ll be glad you did!

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 Send An Email

We know Chicago Real Estate! Call us today!

Trusted House and Pet Sitters

October 1, 2015

So many of our clients have beloved pets in their families, and a hectic business and personal life which often includes travel.  Here is a source for house and pet sitting that just won the 2015 Trust Award for the most trusted online business. TrustedHouseSitters.com.

pets

This service provides free house and pet sitting and might be just the solution to keep your house safe and your pets healthy and happy while you are away.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!