Tuesday, July 22, 2008

Who said the Chicago Real Estate Market is Slow?

I know we read in every publishing and hear on the news channels that real estate is down since recent years, but in my experience, I'm finding there's still that first-time buyer out there that is looking aggressively and ready to buy. I've had several buyers recently that have been in multiple offer situations for properties that are new on the market. The price point is around $350,000 - $400,000, for two bedroom/two bath condos that have an updated interior, decent square footage, about 1200, and in a smaller of mid-sized building. Locations they're looking in are Roscoe Village, Lincoln Park, Lakeview, Wrigleyville, and Uptown (south of Montrose). These properties are flying off the shelf quickly when they show well and are priced right. If you have a client that is looking to sell their home and they fit this criteria, tell them it's time to SELL....only if they want top dollar and to sell quickly. ;)