Archive for July, 2016

Finding Just The “Right One” When You’re House Hunting

July 31, 2016

Finding Just The “Right One” When You’re House Hunting

When you are looking to find a mate to marry you may spend years and years before you find the one that is meant for you to be with, however you don’t need to look for years to find “the one” when it comes to house hunting.  There are ways to know when you have found the right house for you but you may need to make a few tweaks in your wish list to make it all possible.  Below are a few ideas to help make finding your dream home a bit easier.

  • A good way to get started finding the house that you have always dreamed of owning is to make a list of your expectations. You should list your must have items in order of how important they are to you.  As you begin house hunting you may want to rearrange your list a little depending on what you find on the market.  It may be helpful to put a star beside the expectations that are most important to you so that you don’t forget something.
  • It’s perfectly alright to look online as much as you want at houses when you are shopping for a home but it may be wise to limit your actual house viewings. If you visit too many homes during your house search you may find that it becomes a bit overwhelming and you may also realize that you are trying to create the home of your dreams by piecing together bits and pieces of each house you look at.  Narrow down your actual house viewings to about four of your top picks.  This will help you to more easily narrow down your search and to make a final decision more quickly.
  • If you find that you simply cannot find what you are looking for in the current real estate market, perhaps it may be best for you to stop looking for a month or two and wait to see what may pop up. You may find that the home of your dreams is only a few short months away from being found.

Again, you may need to make a few adjustments to your wish list once you start looking for a home but that doesn’t mean you cannot find the perfect home for you and your family.     If the house you choose doesn’t have everything you hoped it would, you can always add things once you move in.

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!

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Chicago Real Estate Market Trends for June 2016

July 25, 2016

Chicago Real Estate Market Trends for June 2016

FHA has recently relaxed many of its condo financing rules making it easier for condo buyers to secure loan when buying a condo. If you are in the market for a condo be sure to talk with your lender about how the new rules may help you.

Chicago Real Estate Market Trends for June 2016

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.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in June 2016 increased by 10.60% compared to June 2015. The average selling price increased by 7.05% to $869,656 and the average market time increased by 12 days or 18.7%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2016

292

$869,656

97%

76

June 2015

264

$812,375

97%

64


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in April 2016 increased by 0.07% for the month when compared to June 2015. The average selling price increased 2.85% to $427,874 and the average market time dropped 2 days or 3.5%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2016

1,791

$427,874

99%

55

June 2015

1,804

$416,012

99%

57


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in June 2016 decreased by 5.22% when compared to June 2015. The average selling price increased 7,74% to $592,033 and the average market time increased by 10 days or 16.9%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2016

127

$592,033

98%

69

June 2015

134

$549,487

98%

59


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

Tips for Moving With Your Pet

July 18, 2016

ips for Moving With Your Pet

If you have pets, chances are they are members of your family and you love them very much.  Many times when moving to a new home, family pets can become an issue.  Below are a few tips for moving with your pets.

  1. ID TAGS AND COLLARS

Before you make a move into a new location, go ahead and make sure that all of your animals have the proper id tags and collars on.  If phone numbers and addresses need to be updated on the dog tags, go ahead and take care of that before you move.  Many times pets can get a little discombobulated when you move and they may wander off trying to find the home they have become accustomed to.  If you have the correct numbers and address on their tag, they can easily be returned to you.

  1. KEEP PETS IN CRATES ON MOVING DAY

Whether or not your pet is used to being in a crate, if you are in the middle of moving to a new home, moving day needs to be crate day for your pets.  This will help to insure that they are not left behind or that they don’t get stepped on in all the hustle and bustle.

  1. PET HOTELS

If you are moving a long distance, make sure that you map out hotels along the way that are pet friendly.  This way you won’t end up being turned away from your hotel at the last minute when they see you have pets.  Taking care of this beforehand will make for much better travel for everyone involved.

  1. VETS

If you are moving far away you are going to need to get all of your pet’s vaccination papers and other materials from your vet’s office.  Be sure to take care of this well in advance so you don’t forget to do it.  Perhaps your current vet can even recommend a new vet in or nearby your new location.

  1. OVERNIGHT PET BAG

Since your pet is part of your family, treat them as such by packing them an overnight bag with enough items such as food, water, jackets, toys, etc to get them through the first few days of your move.  You are going to be busy enough without having to worry that your pet has all that he or she needs during your move so pack accordingly.

  1. PET RELOCATORS

If you simply can’t take your pet along for the move, but you want them to arrive at your new house safe and sound, you may want to hire a pet relocation company to do this for you!

Hopefully these tips for moving with your pet will be beneficial to you during your move to your new home!

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!

Tips for Selling Your Home

July 9, 2016

karen couple

More than likely if you’re selling your home you have done your best to get it as clean as you possibly can.  What you may not know is that there are many other tips and tricks that go above and beyond cleaning your home to help you in the selling of your home.  A few of those tips and tricks are listed below.

  • One of the main things you need to do if you want to sell your home is to leave when someone is taking a tour of your home.  This may sound like a “no-brainer” but you would be surprised at the number of folks who try to stick around during a home tour.  The prospective owners want to see the house and envision themselves in it. This cannot happen if you are lurking in the background during the tour.
  • Another tip for selling your home is not to leave your pets behind during a home tour.  Although people love pets, they don’t really want to meet your pet in person while touring your house.  Be sure to clean up after them as well and not leave the pets belongings strewn throughout the house.
  • Be sure to move your car where the Realtor and the prospective buyer will have a place to park when touring your home. If you need to park all of your extra cars at a friend’s or neighbor’s house during the tour, do so.
  • Be careful not to leave your bills and other mail laying around on the kitchen counter-tops when you have someone coming to take a tour of your home. Not only is clutter a turn off to prospective buyers but it is also not a good idea to leave important documents lying around that can be seen by eyes that don’t need to see them.
  • Do not call your Realtor five minutes after the home tour has taken place. Be careful to give him or her time to do their job and get things in order before they come to you with feedback from the tour.

These tips for selling your home  are very helpful if you are sure to take them to heart.  Most importantly remember to do your part in the preparing for the sale of your home and always be willing to negotiate.

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 for May 2016

July 5, 2016

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Chicago Real Estate Market Trends for May 2016

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 May 2016 increased by 2.56% compared to May 2015. The average selling price increased by 6,72% to $895,916 and the average market time increased by 15 days or 18.0%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2016

200

$895,916

97%

98

May 2015

195

$839,436

98%

83


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in May 2016 increased by 7.41% for the month when compared to May 2015. The average selling price increased 2.04% to $423,247 and the average market time dropped 12 days or 16.6%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2016

1,608

$423,247

99%

60

May 2015

1,497

$414,776

98%

72


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in May 2016 increased by 9.09% when compared to May 2015. The average selling price increased 7.57% to $609,301 and the average market time decreased by 14 days or 2.0%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

May 2016

84

$609,301

97%

56

May 2015

77

$566,379

97%

70

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