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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.
Cashing In
Over the past few years, you've probably seen headlines about how home prices keep rising. And if selling has been on your mind, this could mean a bigger-than-expected payday when you list your home on the market.
Hi, I'm Kurt Clements with eXp Realty in the far west suburbs of Chicago.
Home Prices
Home prices have risen dramatically over the past five years, but have you ever thought about what that means for your home? Typically, home prices appreciate about 2 to 5% a year. But in 2021-2022, post-pandemic, things got crazy. The housing market was seeing double-digit increases in home prices, and at the peak, prices rose by a staggering 20% or more nationally.
Supply And Demand
What happened was there were way more buyers than homes available, and mortgage rates were at an all-time low - a simple case of supply and demand.
Market Normalization
While things have normalized since then, you still reap the benefits of rising home prices. Most likely, your house has gained way more value than it normally would in such a short period, which means more wealth for you. You may be sitting on a large amount of home equity.
Your Next Move
If you have been on the fence about selling, now might be the perfect time to cash in on those gains and take advantage of the market's upswing.
So, if you're curious about cashing in your asset, 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