Top Reasons to List During the Holidays

Today, I’d like to share a few key reasons why you should think about listing over the holidays.

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Some people think that the holidays aren’t a good time to list, but this is just a myth.

Traditionally, sales are down in our Chicago area by just 15% to 20% around this time of year. This means that there are still active buyers right now who need your home on the market to buy.

So, what are the top reasons to list your home with this holiday season?

First, many buyers are on the market at this time of year specifically for tax reasons. There are also fewer homes on the market to compete with. This means your listing will see more demand, which means you may earn more money.

If you wait until January or later to list, you’ll be dealing with a much higher level of competition.

Over the holidays, your listing will see more demand, which means you may earn more money.

Another reason to list over the holidays is that buyers at this time of year are more serious. These people are not only looking at fewer homes, they’re also going to be making faster decisions.

Finally, there are a number of buyers being relocated for their careers over the holiday season. If you want to take advantage of these relocation buyers, you’ll need to be on the market at the end of the year. 

There are a number of other reasons you should think about listing over the holidays. To see the full list, click here.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Why an Annual Checkup Is Important to Any Mortgage

Today we're to talk about annual mortgage checkups.

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Today's topic is annual mortgage checkups.

Something David suggests to all of his clients is to review your mortgage once per year. Usually the best time to do this is toward the end of the year when things begin to slow down.

Pull your statement out and find out if you need to re-evaluate or update your homeowners insurance. Most people simply pay their mortgage without paying attention to their statements, but it’s actually very important to check for these kinds of necessary updates.

As your situation changes, so should your mortgage.

Also, determine if your escrows are in line. You also will want to contact your county assessor to check on your deductions or exemptions, since these can often change.

Another important thing to look at is your mortgage rate. Doing so could potentially save you money. However, this year, rates are unfortunately expected to increase in December. So if you’re thinking of making a purchase, now may be a good time to do so.

Additionally, you should find out whether you need to restructure your mortgage. As your situation changes, so should your mortgage.

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.