April 21, 2017

2017 Trends in Home Design


What are the latest home design trends? In 2017, home design is all about creating lush spaces.

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This year, home design trends are all about creating lush spaces by taking traditional designs and making them modern with unique color, texture, and material choices.

For example, let’s say you have a white kitchen. Use hexagonal tile for the backsplash (geometric shapes are very in), add a whole wall of tile in the kitchen, and install marble countertops. 

 


"Make traditional designs modern with different colors, textures, and materials. "

 

These and many more of the latest design trends can be found at www.marcusrealtyteam.com.

If you have any questions about today’s design trends or if you are interested in buying or selling a home, please give me a call at (773) 312-7605 or send me an email at Leigh@MarcusRealtyTeam.com. I would be happy to talk with you!

Posted in 2017
April 10, 2017

Chicago April Market Update


How is the Chicago real estate market doing so far this spring? I’ll give you some good news today.

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How is the real estate market doing so far this spring? I have some very good news for you today.

 

Across Chicago, inventory is still very low compared to last year. However, the number of buyers is up by 15%. So, supply is low and demand has increased. As a result, home prices are higher year over year.


"Home prices are higher year over year. "

 

Now, different neighborhoods experience different things. If you are curious about the market in your specific area, please give me a call at (773) 312-7605 or send me an email at Leigh@MarcusRealtyTeam.com. I would be happy to talk more in-depth with you!

Posted in 2017
March 14, 2017

Happy St. Patrick’s Day!


I want to wish you a happy St. Patrick’s Day by reminding you of how grateful I am to have your business.

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St. Patrick’s Day is coming up, and I just wanted to take a moment to say how lucky I am for getting to work with you. Whether you’re a client, a partner, or a friend, I really appreciate your business. 


"I’m so lucky to have your business."

 

As always, if you’re thinking about buying, selling, or investing in real estate, give me a call. It may just be worth a pot of gold.

If I can support your 2017 real estate goals, please give me a call at (
773) 312-7605 or send me an email at Leigh@MarcusRealtyTeam.com. I would love to help you!

Posted in 2017
Feb. 20, 2017

How Will Rising Mortgage Rates Affect You?


Everyone expects interest rates to continue to rise in 2017. How high will they get and how will those increases affect you?

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Where are mortgage rates heading?

This year, interest rates will continue to rise. We pulled the numbers from the top four financial institutions in order to predict what rates will look like throughout 2017.

During the first and second quarter, rates should be around 4.25%. By the end of the year, rates could be anywhere from 4.5% to 5%.

 


"A 1% increase in rates means a 10% loss in your purchasing power. "

 

What does that mean to you?

Let’s put it this way: A 1% rise in interest rates equals a 10% loss in your purchasing power. That means your monthly mortgage payment will increase by 10%.

If you have any other questions about mortgage rates and how they will affect your 2017 real estate goals, please give me a call at (773) 312-5932 or send me an email at Leigh@MarcusRealtyTeam.com. I would love to help you!

Posted in 2017
Feb. 6, 2017

February Chicago Market Update


What's going in the Chicago market? Today, I'll explain why it's positive for both home buyers and sellers.

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The Super Bowl's over and the spring market is in full swing. How does this year stack up with last year?


The number of sales in the Chicago market is already up 18% versus last year, and that's great news. The number of new listings to come onto the market is up 23% versus this time last year as well.

 


"Overall, it's a very positive market."

 

Not only are there a lot more buyers out there than there were this time last year, there are more homes for them to choose from. Overall, it's a very positive market.


The threat of interest rates continuing to rise has brought out buyers and we had a strong December. All of that momentum has carried over into spring.

If I can help you in any way, please give me a call at (773) 312-5932 or send me an email at Leigh@MarcusRealtyTeam.com. I would love to help you!

Posted in 2017
Jan. 19, 2017

Failed to Sell the First Time? I Can Help.

Why do I specialize in expired listings? Here are a couple examples
that demonstrate the difference my expertise makes.

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Why do I specialize in cancelled or expired listings? To answer that question, let me tell you about a few homes I sold recently which were listed on the MLS with another agent and failed to sell.


As you can see in the video above, the first home is at 939 W Huron St. #103 and was listed with a local broker for 101 days. I then took this listing and sold it within five days for 100% of the asking price.


"This is the difference I can make when it comes to expired listings."


The second home is at 1910 W Addison St., Unit G. It was also listed with another broker for 180 days. When I took over the listing, it sold in 22 days for 97% of the asking price.

If I can help you in any way, please give me a call at (773) 312-5932 or send me an email at Leigh@MarcusRealtyTeam.com. I would love to help you!

Posted in 2017
Jan. 7, 2017

When Does the Chicago Spring Market Open?

Spring officially starts in March, but the spring real estate market opens up much sooner.

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Spring officially starts in March, but that's not the case for the Chicago spring real estate market.

 

Many times, the spring market here actually starts right after January 1st. There's a whole new set of buyers coming in.


If you're looking to buy a home, there will be more homes coming onto the market. If you're looking to sell a home, there will be more buyers coming out to look at your home.


The spring market actually goes from January to June.





After the Super Bowl in early February, the spring market continues to pick up steam all the way through March, April, May, and sometimes into June. That's why in my eyes, the spring market actually goes from the beginning of January to the end of June.

If I can help you in any way, please give me a call at (773) 312-5932 or send me an email at Leigh@MarcusRealtyTeam.com. I would love to help you!

Posted in 2017
Dec. 15, 2016

Why Is Winter a Good Selling Time in Chicago?


Did you know winter is actually a great time to sell your house? Don't take my word for it though; today I have four reasons to back this claim up.

Buying in the Chicago area? Click here to get a Full Home Search
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Contrary to what you may have heard, winter is actually a great time to sell your home. Why?

  1. People who look during the holidays are the most serious buyers. These buyers aren't just out looking around when it's cold and there is snow on the ground. These are real buyers!

  1. Serious buyers have fewer homes to choose from. Less competition means more money for you since demand will be higher for your home.

  1. Some people have to buy this time of year for tax reasons. There are also people who relocate for work, so these types of buyers are plentiful right now.

  1. Houses show better when decorated for the holidays. There are plenty of people who try to envision themselves living in your home, and they'll like how your home shows during the holidays when it's decorated and feeling cozy.

If you have any questions about selling this winter or about Chicago real estate in general, give me a call at (773) 312-5932 or send me an email at Leigh@MarcusRealtyTeam.com. I would love to help you!

Posted in 2016
Dec. 7, 2016

December Market Update

Today I'll explain why there is an inordinate amount of buyers on the Chicago market looking to buy now, when traditionally, the market is slow.

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It's actually the most interesting December we've had in awhile in Chicago. There is a lot of activity with buyers going on right now, for many reasons. Interest rates are still very low, but they will go up soon. In spring, interest rates will probably be higher, which means home prices will likely go up. A lot of buyers are jumping into the market now to take advantage of these lower rates and lower home prices.

We're seeing more buyers out, more home showings happening, and more homes selling.

 


More buyers than normal are buying now due to rising interest rates.





If you've been putting off moving because of the timing of the season, this could be a really good time to make your move.

If I can help you in any way, give me a call today please give me a call at (773) 312-5932 or send me an email at Leigh@MarcusRealtyTeam.com. I would love to help you!

Posted in 2016
Nov. 14, 2016

Is Your Chicago Home Ready for Winter?

< I have four tips to help you prepare your home for winter weather.

Buying in the Chicago area? Click here to get a Full Home Search

Selling in the Chicago area? Get a FREE Home Price Evaluation
 

What can you do to make sure your home is prepared for winter? I have a few tips for you today:

  1. Service your HVAC system and replace the filters.

  1. Remove the garden hose from external water sources and shut off the internal valve.

  1. Turn the humidifier on. Turn the humidifier up to keep your wood floors from warping, too.

  1. Put the utilities in your name. That way, if you are going to move out or if you have a tenant, you can maintain a temperature of 60 degrees in the house so that your pipes don’t freeze. I also recommend keeping a drip of lukewarm water running through your pipes.

If you have any other questions about preparing your home for winter or about the real estate market in general, give me a call or send me an email. I would be happy to help you!

Posted in 2016