Market update Fox Valley May 30 2020
Contracts accepted this week
2020 by the month market update
Month New Closed Contracts accepted
January 1,105 566 858
February 1,267 529 1,024
March 1,186 707 1,079
April 648 786 775
May 1,352 1,010 1,444
Totals 5,558 3,598 5,180
January 878 407 568
February 1,032 463 832
March 1,731 915 1,375
April 1,594 792 1,307
May 1,645 995 1,280
Totals 6,880 3,572 5,362
January 808 482 606
February 1,040 444 856
March 1,549 907 1,564
April 1,515 836 1,278
May 1,569 1,066 1,344
Totals 6,481 3,735 4,304
2018 was the best year out of the 3 for closed homes which is the most important number but we are ahead of 2019 so far this year.
Call us at 630-503-6555 for all your real estate questions. Your goal is our goal. We will do everything we can to help you reach your goal.
Selling a home
We are now in phase 3 of Restore Illinois during Covid-19 pandemic. You can click on the link in yellow to see some of the guidelines on how we do business during this time. We have been classified as essential.
If you are thinking about selling during this time the market is busy. You will be directing us on how you want to do business. Do you want to allow in-person showings or do you want virtual showings only. If you do allow showings how do you want them to do that. Wear shoe coverings, wipe down everything they touch, limit how many people enter the home and wear face covering. You will decide what you will allow.
We will talk to you on the phone or we can do video meetings to go over everything. Update the value on your home in today’s market and provide you with a net proceeds that shows you the expenses to sell. This will be update when have an offer come in and we know all the terms.
Buying a home
If you are wanting to buy a home you will need to get pre-qualified with a loan officer. We can make recommendations if you do not know who to call. They will provide you with a letter that states what type of loan will work out best for you and the price that you qualify for. This will go with an offer when we find the home you like.
Check out some great resources:
- Types of loans and the process
- VA loans and the requirements
- Current interest rates
- Down payment assistance
- Illinois homeowner assistance and some community assistance
Market update Fox Valley May 30 2020. Have a great week!
Kristine Heiman, Designated Managing Broker
Best Homes Fox Valley-Search for a home today!
200 Webster St
Montgomery, IL 60538
630-503-6555 ext 101