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4 Reasons Why 2019 IS The Year to Make a Move – Chicago Real Estate Experts

Chicago….If you’ve been on the fence about buying a home, 2019 will be the year to take the plunge! See below on why:

1. Rents will still hurt

Celebrate 2019 with The Ian Schwartz Group – Coldwell Banker 

Rent prices are expected to continue to climb in the new year, which means in most cities like Chicago, buying will be cheaper than renting. Even though mortgages could get more expensive, buying might still be the better deal. Interest rates would need to rise to around 6.5% for the cost of buying to equal that of renting on a national level, according to housing economists at Trulia.

2. Home prices will finally calm down

Real estate values have been on the rise for a while, but are likely to slow their pace next year. Prices are expected to rise 3.5%, according to Zillow’s Chief Economist.

Buyers who’ve been stuck behind the wave of rising prices may finally get the chance to jump in. And that could lead to a flood of buyers, said chief economist at Realtor.com.

“We have the potential for about six million home sales just through the months of April through September; that is basically impossible to do,” he said. But not everyone will be in a position to take advantage. Despite the slowdown, Zillow still expects home values to outpace wage growth, which can make it tough to afford a home, especially for lower-income buyers. Plus, prices in the country’s hottest markets — like San Francisco, Boston and New York City — aren’t expected to pull back as much next year.

3. More homes will hit the market

The slowdown in home prices will prompt more owners to list their homes, Smoke said, giving buyers more choice. “Because of the price appreciation they have experienced, you will have more sellers put homes on the market next year,” he said.

Related: How to buy a home without a 20% down payment

The new home market is also expected to grow in the coming year with builders focusing more on the starter and middle-range homes, which will also boost inventory and make it easier for buyers.

With more homes on the market, bidding wars will become less common and prices could ease even more.

4. Dirt cheap mortgages could disappear

The Federal Reserve is widely expected to begin increasing interest rates soon, which means the window for record low mortgage rates is closing. While rates are expected to go up gradually, higher rates push up borrowing costs and monthly mortgage payments. More details can be found HERE.

With over $50,000,000 sold in 2018, Ian Schwartz with the Ian Schwartz Group is determined to once again surpass expectations in 2019! By providing outstanding, client-driven service, Ian and his team pride themselves on leaving no stone upturned until each and every real estate transaction are done earning trust, loyalty, and friendship of those they assist. See why in 2019…everything we touch turns to SOLD!

 

 

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Are you Ready to Sell?….See the 2018 Spring into Summer Plan – Chicago Real Estate Experts

Even the most luxurious, well-maintained homes need an efficient 2018 sales strategy for a smooth transaction. The house won’t sell itself!dealseal

Real estate experts like The Ian Schwartz Group are trained to list and sell your beloved Chicago home for sale, but it doesn’t hurt to study up on some real estate basics. Consider the following real estate sales strategy. Take note of these 3 steps, and you’ll be well on your way to jump-starting your home sale:

Find a real estate agent. As you’re getting your house in order, start the hunt for a real estate agent. You’re not looking for just any agent; you need a real star to get you to the finish line. Put the word out to your network and don’t feel like you have to work with someone because they are family. Once you have some referrals, take the time for an interview and get to know their selling style. If said agent declines the interview request, they’re probably not for you — proceed to the next one on your list. If they seem almost right, keep looking until you find a great match. It’s worth the time investment to find the right agent.

Schedule a strategy session with your real estate agent. Purging and cleaning were the warm-up act. Now you’re ready for the main event. After you’ve signed on the dotted line with your real estate professional, schedule a walk-through before listing and take your agent’s feedback seriously. They know what color to paint that old maroon accent wall, how to stage the living room so it looks 20% bigger, and how to deal with outdated kitchen cabinets. They also know how to allocate your dollars to impress potential buyers.

Be vigilant with your belongings. Now is the time to tackle those organization and cleaning projects. The detritus of life tend to stack up in our living spaces, which may be fine for every day but isn’t great for selling. Make the adage “less is more” your mantra and divide your belongings into two piles: one to take to the new place, one to toss or give away. (Or try following a flow chat for decluttering tips.) And remember, packing items away doesn’t mean shoving them in the hallway closet. Buyers will very likely open every cabinet and drawer, so those spaces should be tidy too. For more advanced tips see info HERE

Ian with The Ian Schwartz Group has sold over 500 million dollars of real estate, including sales in excess of 55 million dollars in 2015 and sales in excess of 50 million dollars in 2017. He and his team are consistently in the top 1% of agents in the Chicago Association of Realtors and in the top 1% of Coldwell Banker agents nationally. Find out why this spring and summer 2018…everything we touch turns to Sold!

 

 

Advantages to Selling During 2018 Winter Months-Chicago Real Estate Market Trends

What is the whole truth about Chicago 2018 winter real estate? Homes are more likely to sell in winter than at any other time of year. Not only that, they sell quicker and they often sell for more money. These statistics hold, at various Winterhomepercentages, whether the home is in balmy San Diego, Calif., or snow forming parts of the Midwest.

Some national news headlines do us no favors by claiming that the reason for any possible winter sales slump is because of February’s “cold, dark weather” across most of the country. Sure, that can be a deterrent, but most of the slide in sales may be due to the media helping to form public perception that winter is a horrible season for real estate deals…simply not the case. Successful Chicago real estate professionals know better. Winter is actually a great season to sell a home, and below are just a few of the many reasons why:

Less Competition From Other Sellers

“Just your luck – you have to sell your home in winter, the slowest and dreariest sales season of all,” begins a column on winter real estate from USA Today. “Winter can be the toughest season to put a house on the market,” claims a writer at Fox News before he goes on to give tips to increase “chances of a winter sale.”

Naturally, many homeowners read these news items and decide to hold out until spring. Worse yet are the homeowners who take their homes off the market as winter approaches, aiming to re-list in spring. Sadly, they may be missing a prime opportunity to finally get the home sold – and for top dollar. Because other homeowners took the bait, however, there is far less competition for those that do list, and Chicago homeowners are definitely in the driver’s seat in a winter transaction.

Buyers Are More Motivated During Winter

What would motivate someone to buy real estate in the dead of winter, especially in areas with wicked weather? Job transfers are high on the list of reasons, so if you practice real estate in an area with large influxes of transferees aka relocating to Chicago, winter is an even better time to sell.

“It’s true that if your home isn’t on the market in winter, the new Microsoft manager relocating from California won’t see it and will thus buy another home,” writes Seattle agent and broker Sam DeBord for the Seattle Post-Intelligencer.

“But that same situation for a home seller who is on the market is magnified. Your competition is nowhere to be seen,” he continues. “While the buyer may have had 30 homes to choose from in June, there may only be 10 homes that fit their criteria in January. If they are motivated to buy, they will choose one of those 10 homes.” More information HERE

February 2018 – Ian Schwartz with The Ian Schwartz Group is dedicated to ongoing high ranking, top performing, client focused Chicago real estate expertise in winter and through all seasons.  This top producing, nationally awarded, savvy Chicago real estate team prides itself on leaving no stone unturned to find you the perfect home. If you are a seller, Ian and his experienced team will pour their hearts and souls into effectively marketing your home online and in print to have it seen by the largest possible audiences around the world. They will take all necessary measures to bring qualified buyers in the door and close the real estate sale(s) with ease.

5 Myths About Home Selling Exposed – Chicago Real Estate

Misinformation can waste your time and cost you money. When it comes time to list your Chicago home, you may need to do your research so you can separate fact from fiction, or enlist a trusted, experienced real estate expert toMyths assist and guide. Real estate agents from across the county participated in Zillow’s 2017 Home-Selling Season Survey identified five top real estate myths. The debunking of them should put in the frame of mind on the fast-track to selling your property:

Myth No. 1: The outside of my home isn’t as important as the inside.

Truth: Home buyers often make snap judgments, often based simply on a home’s exterior. Therefore, curb appeal is very important.

“A lot of buyers I work with have done some preliminary online searches or they’ve driven by properties before they even enlist my services,” says Bic DeCaro, a real estate agent Westgate Realty Group in Falls Church, VA. “If a property looks bad, if the yard is cluttered or the driveway is all broken up, there’s a chance they won’t ever enter the house – they’ll just keep driving.”

The great news is that it doesn’t cost a bundle to make some big changes to your home’s exterior appearance. Start by cutting the grass, trimming the hedges and clearing away any clutter. Then, for less than $50, you could put up new house numbers, paint the front door, plant some flowers or install a new, more stylish porch light.

Myth No. 2: I need to redo my kitchen and bathroom before selling.

Truth: While kitchens and bathrooms can increase the value of a home, you may not get a large return on investment if you do a major renovation just before selling.

Minor renovations, on the other hand, may help you sell your home for a higher price. New countertops or new appliances may be just the kind of bait you need to reel in a buyer. Check out comparable listings in your neighborhood and see what work you need to do to compete in the market.

Myth No. 3: If my house is clean, I don’t need to stage my home.

Truth: Clean and tidy is a good first step, but as more and more home sellers across the country have enlisted the services of professional home stagers, the bar has risen. It’s not enough anymore to toss dirty laundry in the closet and sweep the front steps.

Stagers strive to make homes appeal to a broad range of tastes. They can skillfully identify ways to highlight your home’s best features and compensate for its shortcomings. A stager might, for example, recommend removing blinds from a window that has a great view or replacing a double bed with a twin to make a bedroom look bigger. It’s common for stagers to de-clutter and depersonalize homes by putting furniture and family photos into storage. Or, if you’ve already moved out, a stager can move in furniture to give potential buyers a sense of how rooms might be used.

Myth No. 4: Granite and stainless steel appliances are no longer “in.”

Truth: The majority of home shoppers still want granite counters and stainless steel appliances. Quartz, marble and concrete counters also have wide appeal.

Myth No. 5: Home shoppers can look past paint colors they don’t like.

Truth: Moving is a lot of work and, while many home buyers realize they could take on the task of painting walls, they simply don’t want to.

That’s why one of the most important things you can do to update your home is to apply a fresh coat of neutral paint. Neutral colors also help a property standout in online photographs – which is where most potential buyers will get their first impression of your property.

Hiring a professional to paint the interior of a 2,000 square-foot house likely will cost $3,000 to $6,000, depending upon labor costs in your region. You could buy the paint and do the job yourself for $300 to $500. Either way, if a fresh coat of paint helps your home stand out in a crowded market, it’s probably a worthwhile investment. More tips HERE

October 2017-Ian Schwartz with The Ian Schwartz Group enjoys representing sellers and buyers this spring, with a client focused, top ranking profile of success. Ian and his team leave no stone un-turned, priding themselves on pouring their hearts and souls into effectively marketing Chicago real estate online and in print to have it seen by the largest possible audiences. Look to this dynamic and experienced group to confirm their mission….everything we touch turns to SOLD! 

Benefits of Buying or Selling During the Holidays-Chicago Real Estate

Most savvy Chicago real estate agents will say that between now and New Year’s Eve may just be the perfect time to put a “for sale” sign up or purchase Chicago real estate. Why? See 4 reasons
that stand out and make any possible holiday commotion worth it:

1. All the senses can seal the deal

Soon a gaggle of beautiful Chicago homes will look picture perfect, decorated with lights and holiday garland, the smell of cinnamon and spices wafting in the air. For visitors, buyers and sellers alike their senses are often on overdrive the moment they enter a seasonal home. The inspiration to purchase a new home and lay down roots crosses a few minds. Buyers looking at homes during the holiday season are serious indeed. Real estate history has shown that only the truly motivated home buyers and sellers are the ones who will be out looking over the holiday season. While some close their doors just before Thanksgiving and don’t open them again until mid January, the folks that are willing to give of their time and perform the due diligence required during this period are really serious about buying or selling.

 2. Give the gift of showings 

Most real estate agents will agree there’s always a buyer or a seller even during the holiday season. With that said, make it as easy as possible to show your home. Try to avoid declining showings and reduce time limits on them if possible. The more people you get in the door, the better chance of selling your home. And it only takes one buyer. For sellersthe inventory is at its lowest right now and people are getting nervous and either renting their homes or just taking them off the market. In addition, families often come back to where they grew up during the holiday season. “And if they’re thinking of making a move back, now is the time they will be looking. Make your home appealing and accessible; thereby creating an extra market edge.

3. Good deals may be all around

For buyers The asking price on some homes may have been reduced in price if they did not sell during the busier fall and late summer seasons. People showing their homes at that time of year are often hopeful of getting a sale nailed down by year’s end, so they may be more amenable to negotiation. The fact that it’s the holiday season also tends to put people in a more generous mindset as well.

 4. Tis’ the season for tax breaks

Closing on a home before the end of the year means deducting certain settlement costs on taxes for that year. These can include any pro-rated property taxes and prepaid mortgage interest paid at closing. Consult your realtor or tax professional for specific details. More info HERE or HERE

December-2014: Ian Schwartz with The Ian Schwartz Group compiled a full year of top producing, high ranking real estate accolades, accomplishments, and top tier results; all while pouring their hearts and souls into every transaction for buyers and sellers alike.  For over 15 years, Ian and his team have been in the top 1% of agents within the city of Chicago, with sales in excess of 35 million dollars. Ian is also consistently in the top 1% of Coldwell Banker agents within the nation.  Contact them to experience why this client centered team proudly demonstrates….everything we touch turns to SOLD!

 

Chicago Neighborhoods Make Best Trick or Treat List-Chicago Real Estate

Chicago real estate and Halloween trick or treating?  Yes they go together!  According to the latest figures calculated from  Zillow, Chicago leads and stealing the coveted title for the fourth year in a row is San Francisco, with Los Angeles, Philadelphia and San Jose rounding out the top five on Zillow’s sixth annual Trick-or-Treat Index:

TrickorTreat-Chicago

Zillow took their data compiling seriously, even when it came to trick or treating. While wealthier neighborhoods are often known for their frightfully sweet harvest on Halloween night, they calculated the Trick-or-Treat Index using a holistic approach with four equally weighted data variables: Zillow Home Value Index, population density, Walk Score® and local crime data from Relocation Essentials. Based on these variables, the index represents cities that will provide the most candy, in the least amount of time, with the fewest safety risks. For more information on this surprising trend click HERE; and/or view the summary trend images above and below:


IS-SoldList-Oct2014

October 2014- Ian Schwartz with The Ian Schwartz Team, ranked among the top producing real estate teams for the second quarter of 2014, a nationally high ranking real estate group that pride themselves on providing an outstanding experience for each and every client. Team members Jenna Plakas, Victor Elting, Wendi Gordon Shelist, and Michael Shin combine experienced forces to ensure that as a buyer no stone will be left unturned to find you the perfect home. If you are a seller, Ian and his team will pour their hearts and souls into effectively marketing your Chicago home online and in print to have it seen by the largest audience possible. They will take all necessary steps to bring qualified Chicago real estate buyers in the door and close the sale with ease.

Four Signs That You’re Ready To Buy A Home

No time like the present, even during the holidays. This may be one of the best times of the year to buy or sell Chicago Real Estate. The Ian Schwartz Group, has been a trusted, top-selling Chicago resource for over a decade. Look to them for expertise in combining forces to ensure that your overall real estate experience is seamless.Victor Elting and Jenna Labinger assist in the daily happenings at the Chicago-Lincoln Park Coldwell Banker nationally high ranking office and in following through on all aspects of each real estate transaction.

If you are a Chicago buyer, no stone will be left unturned to find you the perfect home. If you are a Chicago seller, Ian and his team will pour their hearts and souls into effectively marketing your property online and in print to have it seen by the largest possible audience, locally and across the country.

Privilege, Sharing of Experience, Vital Support-Chicago Real Estate

Those key words and phrases sum up 3 reasons why The Ian Schwartz Group feels grateful to represent Chicago home buyers and sellers with real estate matters. Buying or selling a home is a major financial (and emotional) undertaking. It is a privilege to be hired and surpass expectations by earning trust, loyalty and friendship. The Ian Schwartz Group prides themselves on the ability to listen to and analyze the needs of both buyers and sellers. Providing high-ranking, sustained performance, in addition to unparalleled top tiered service sets them apart and further supports this nationally recognized team for their integrity, professionalism, and dedication.

3 Reasons Why I'm Grateful To Be Your Real Estate Agent (3)

Thank you to those that have continued to work with, referred, and trusted The Ian Schwartz team with their Chicago real estate needs. They look forward to providing on-going top-selling real estate service and expertise. Over the past decade, Ian Schwartz has been the number one Chicago Realtor in Resale Sales Volume in the Chicago-Lincoln Park Plaza office, averaging more than 25 million dollars in sales volume per year. More information on the top producing, Ian Schwartz Group can be found HERE

 

Do You Have the Right Chicago Agent?-Top Performing Chicago Realtors

It cannot be said enough, finding the right Chicago Realtor is priceless! For some the top ranking, production-performance numbers, and volume matter most. These factors are certainly important, but experience, professionalism, tenacity, sincerity, patience, and an appropriate sense of humor can be just as sought after. At the end of the day, is your real estate agent a good fit for your needs, and do you really know what a good Chicago real estate agent offers? Below are a video introduction and 2 strategic benefits of using a top results driven Chicago Realtor, that may surprise you:

Reputable insider information.  In a recent survey, home sellers and buyers said one of the biggest benefits they got from their agent was an understanding of how the buying process works. When it comes to something as infrequent, complex and high stakes as buying or selling a home, having a reputable real estate brand/firm and trusted real estate professional, who is dedicated to your Chicago real estate success can alleviate your anxieties and otherwise put you in a power position; when it comes to making smart real estate decisions.

IanSchwartz-WhyColdwellBankerChicago

Breaking down options you weren’t aware were possible. There’s no shame in NOT knowing everything there is to know about real estate – even very active real estate consumers will only buy or sell 5, maybe 10 homes in a lifetime. But your Chicago real estate agent does this all day, every day, for the span of their career. With experience comes expertise in:

  • Chicago neighborhoods
  • Setting up buying/selling action plans
  • pricing plans/cost projections
  • home staging strategies and resources
  • contract terms
  • marketing options/tools
  • negotiation strategies
  • post-closing protections/service provider recommendations

The bottom line: The more comfortable you feel recommending your agent, the more likely you are to be profoundly pleased with the ways your Chicago real estate agent/broker can help you. See a few of Ian Schwartz’s recommendations HERE and HERE:

More information on selecting the right real estate professional HERE