Spring in Chicago means a couple of things: we will finally get to see glimpses of the long-forgotten sunshine, and construction and moving season will be in full swing! Unfortunately, the MB Luxury Group can't control the sunshine or speed up the roadwork, but we can help you navigate the busy spring real estate market. With an ever-changing market, it can be quite overwhelming to buy, sell, or rent a property. Here are a few tips to keep in mind during the Spring market.
Selling:
Get in Showing Shape: First impressions matter, so make sure you are putting your home's best foot forward. We recommend cleaning thoroughly, adding a fresh coat of neutral paint, getting carpets cleaned, and decluttering. This will make your home feel inviting and ready for any buyer to envision themselves in the home.
Price it Right: With the market constantly changing, it can be stressful to find the perfect price for your home. With our extensive knowledge and experience in the Chicago market, we can help you pinpoint the perfect price to maximize your return.
Buying:
Know Your Buying Power: Connect with a great lender to understand your buying power. We partner with several lenders and are always happy to connect you with one.
To Rent or Not to Rent: With interest rates on the rise, some potential buyers are opting for rentals. However, this has created a very competitive rental market, with some of the highest rental prices we have seen in years. Weigh the pros and cons of renting versus building equity and reaping the rewards of home ownership.
The Spring market doesn't have to be overwhelming. With the help of a great real estate agent, you can tackle the market successfully. Give us a call and we can help you out!