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Welcome to our blog page, where you can stay up-to-date on the latest happenings in real estate. We are dedicated to providing valuable insights and information on the local market here in Naperville, IL and tips and strategies for buying and selling property throughout the Chicagoland area. Whether you are a first-time homebuyer or a seasoned investor, you’ll find valuable content on our blog.
Welcome to our blog page, where you can stay up-to-date on the latest happenings in real estate. We are dedicated to providing valuable insights and information on the local market here in Naperville, IL and tips and strategies for buying and selling property throughout the Chicagoland area. Whether you are a first-time homebuyer or a seasoned investor, you’ll find valuable content on our blog.
Is Now The Time
Good news! Rates are dropping! We can all agree that the lower mortgage rates have been a breath of fresh air for the housing market. So, as a seller, is now the time to list with dropping rates?
Hi, I'm Kurt Clements with eXp Realty in the far west suburbs of Chicago.
Opportunities and Challenges
Falling interest rates can impact the housing market for sellers by creating opportunities and challenges, so it is essential to look at both the pros and cons of listing your home in a market with dropping rates.
Know Your Why
First off, know your "why" for selling your home. These reasons often fall into three categories: Lifestyle changes, financial reasons, and property needs. Sometimes, these changes can significantly influence the decision to sell despite the market.
Falling Mortgage Rates
Also, how are the falling rates creating a more favorable seller's market? Typically, rate drops increase buyer demand. As more buyers enter the market, you, as a seller, may find yourself in a stronger negotiating position to secure better terms for your sale. You could capitalize on the momentum by getting a higher price and possibly multiple offers for your property.
Weigh All Your Options
However, ensure you weigh all your options and that your decision to list is not impulsive. You may want to consult a tax professional to see if there are any tax implications with your sale. Also, be sure you have a plan for your replacement property and know what the move entails, especially if you are leaving the state. There may be some hidden costs to the move you are unaware of that can affect your bottom line of profit. Take the time to weigh the pros and cons to determine if you should sell your home now. While the market is looking better with lower interest rates and more buyers, you may need to consider some other factors. The decision is yours.
Your Next Move
So, if you're curious about your next move, reach out! We'll lay out all your options so you can make a confident decision that's best for you and your family.
Thanks again for watching, and as always, we're here to help, and we'll talk with you soon.
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Our Designations and Certifications
We are constantly improving ourselves, which we believe improves your experience!
Tawnya Erickson | Listing Specialist
DRE #01350041
Our Core Values
At our organization, we prioritize living and working by five key values. These values are integrity, leadership, innovation, accountability, and valuing people. Integrity is at the core of our values, and we always prioritize honesty and fairness. We believe in doing what's right and putting people first. Leadership is another important value we uphold. We strive to be positive examples and guide others with love, direction, and accountability. Innovation is a value that drives us to constantly improve and aim for excellence. We celebrate success, but we never stop learning and educating ourselves and others. Accountability is a crucial value that we hold ourselves and others to. We believe in being responsible to our families, company, and community. Finally, we value people just like family. We treat everyone with utmost courtesy, dignity, and respect.
What people are saying
"This is the second time I’ve used Kurt to buy a home. This time we were selling and buying. The process was stressful at times, but Kurt did a great job communicating and helping me through the process. He responded quickly whenever I had questions or concerns and was very reliable. I will recommend Kurt to others!"
- Nicole Bozek
"Kurt understands the market…"
“I can’t recommend Kurt enough. I worked with Kurt to sell my parent’s home in Aurora. He was invaluable to the entire experience. He not only helped us price the property but also
assisted us in marketing it well
and answered our questions through closing. It’s also worth mentioning that all of this occurred right as COVID was shutting things down. Kurt understands the market, so we knew how to position our home even in a particularly tough time. He gave us great advice and helped us with all of the little details that came up along the way – the things we don’t typically see and know how they’re handled, Kurt was well versed in and able to provide easy guidance. Bottom line: we recommend him wholeheartedly and would use him again.”
- Kelly Sherwood
"We sold, purchased, and closed within six weeks...smooth sailing from start to close."
“Kurt is top-notch, knowledgeable, personable, and a pleasure to work with during the often stressful time of selling and purchasing a home. Kurt handled the sale of our home and purchase of a wonderful townhouse as we downsized. He was highly responsive to our needs, questions, and anxieties, easing the process, which was complicated by the pandemic and quarantine. We sold, purchased, and closed within six weeks even as the economy was shutting down through his careful and caring work with us–and through the professionalism of everyone with whom he set us up–lawyers, mortgage lenders, photographers, client care staff, etc.
Kurt’s integrity, knowledge, and skill draw people of similar care and integrity around him, making the process of selling and purchasing smooth sailing from start to close. He and his colleagues are wonderful,
providing the best experience we have had selling and buying
in numerous moves.”
- Dixie Miller
"Selling our home was such a smooth process, and might I add FAST!!!"
“It was such a pleasure working with Kurt and his team on selling our home!! They understood the assignment! Selling our home was such a smooth process, and might I add FAST!!! We went into this having high expectations of how this entire process would turn out, and let me say we came out with all of our expectations met at 100%. Thank you so much, Kurt, for everything!!! Looking forward to working with you and the team again someday soon.”
- Gaja Faniel
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