A Peek at the 2020 Housing Market

Chicago Real Estate Podcast with Jennifer Niederbrach

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To get the most out of your upcoming home sale, here’s what you need to know about the 2020 market ahead of us:

1. Interest rates are incredibly low.

2. Inventory is low. Some will point out that inventory isn’t as low in the higher-price categories, but the reality is that the condition can make or break your chances of selling; inventory is low for properties in great condition.

3. Prices are rising. As prices go up, buyers expect more upgrades, features, and benefits to justify the price increases.

If you’re considering selling your home in 2020, be sure to think about the year ahead—even the next five or 10 years. Is your current home the property in which you want to live? Now might be a good time to consider taking some of the equity from your property and moving it into a house more appropriate for your needs, whether that’s a larger home for your growing family or a smaller home that’s more manageable.

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Consider taking some of the equity from your current property and moving it into a house more appropriate for your needs.

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Whatever your needs are, we want to help you achieve them. Feel free to reach out to us! We’d be more than happy to discuss your circumstances and what you need to do to sell your home fast and for a great price. Hope to hear from you soon!