Wednesday, October 18, 2017

Why You Should Buy a Home in Winnetka, Glencoe, or Highland Park IL This Fall

Once the summer has come to a close, many residents on Chicago's North Shore think the home buying season has ended along with it. While it is true that the summer months bring a wave of activity for the local real estate market, it is not the only time to buy a home— fall can be just as lucrative for North Shore buyers!

Below are five reasons why you should consider buying a home in Deerfield, Evanston, Glencoe, Glenview, Highland Park, Kenilworth, Lake Bluff, Lake Forest, Lincolnshire, Lincolnwood, Northbrook, Northfields, Riverwoods, Skokie, Willamette or Winnetka:

You could find a deal
Many home sellers first list their properties in the spring, some much too high for the market. By the time fall arrives, there is a chance that there will be leftover inventory from these spring sellers and you could find a deal!

There are fewer buyers
Your competition in the fall is significantly less than you had during the summer months. In fact, many families with children have halted their home search due to the school year, or have already found a home.

Motivated sellers
Homes that are listed in the fall could signal a home seller that wants to move on before the start of the new year— and thus, do what it takes to sell the property. As the holidays get closer, you may find that homes still for sale are a great deal in the making! No homeowner wants to deal with trying to sell during the holidays.

Sellers want to close before the new year
As I said above, when you buy a home during the fall, you may encounter a motivated seller who wants to sell before the end of the year. You could negotiate a better offer during this time of year simply because of the tax advantage (or disadvantage) the seller will have if they close quickly enough.

Homes don't show as well
The fall colors are beautiful on Chicago's North Shore, but homes don't tend to sell as well as they do during the summer months. With the weather slightly cooler and the lush landscaping losing its glamour, buyers aren't as drawn to homes this time of year, thus reducing your competition. It's also a great opportunity for a home inspection as all of the home's flaws will be exposed.

As your local real estate expert in Winnetka, Glencoe, Highland Park, Northbrook and Deerfield IL, I will be your guide no matter the time of year! Contact me today for more information about available properties on the North Shore!

I look forward to hearing from you!

Janie Bress
Your North Shore Real Estate Expert

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