Activity This Week-12/17/16 in Kane & Kendall County
Kane & Kendall County Activity
Activity this week-12/17/16 in Kane & Kendall County has slowed quit a bit leading into the holiday week. Keep in mind some of these towns spill over into other counties. Aurora for example, is in 4 different counties. People are still out there looking, waiting for the right home to come on the market. Low inventory is expected to continue into the new year.
Now is a great time to sell if you have your home in move-in ready condition and price it right. Purchasers will want to keep a close eye on listings as they come on the market and be ready to go with a loan pre-approval in place. You could miss out on a property if you are not ready. Sellers want to see a pre-approval that is no more than 30 days old.
Once you narrow down to the neighborhood or find a home we can give you the information you need to make an informed decision on pricing. For Sellers we will give you a market analysis that will show you were you need to be with pricing your home. Pricing your home right the first time is very important. Pricing your home too high will increase the days on market and will negatively effect the price you will end up with. Buyers will know the price is too high and might not consider your home even if you lower the price. They will have moved on to another property.
Interest rates were in the news this week. The Federal Reserve raised the rates. Check with the Consumer Finance Protection Bureau daily for updated information about interest rates and how it will effect you.
Purchasers will be effected with every interest rate increase. Unless you are paying cash, your monthly payment will go up. Your purchasing power will be decreased.
Good information is there on the different types of loans, closing costs and other information you can use about the process.
Single Family Homes
Activity this week 12/17/16 information is Single Family Homes only in Kane & Kendall County.
Attached Housing data can be provided to you. Let us know what community or communities that you are looking at and we can provide you the information you need to make an informed decision as a seller or purchaser..
Check With Us
Check with us every Saturday for updated market activity for the week in Kane & Kendall Counties. We are keeping an eye on the market.
Looking in another County? Let us know. We would be happy to provide market data so you can make an informed decision to sell or purchase a home.
Contact Jeff Szymczak-Broker ext 104 or Kristine Heiman,CNE-Managing Broker at 630-503-6555 or email us at firstname.lastname@example.org. Start searching homes now at besthomesfv.com.