Buy A North Shore Home This Spring!

If you put off your home-buying goals this winter in Glencoe, Winnetka, Highland Park, Deerfield, Northbrook, Lake Forest, Wilmette, Evanston, Glenview, Riverwoods, Bannockburn, and other North Shore communities, I understand! As a North Shore real estate agent, I see that a lot, especially during a cold and snowy winter like we had this year. But now that the spring season has sprung, now may be a great time to purchase your North Shore dream home!

Here are a few reasons to consider buying a North Shore home this spring:

1.  Home prices will continue to rise. The latest U.S. Home Price Insights report from CoreLogic reports that home prices have appreciated 4.4 percent over the last 12 months. These reports predict that prices will increase another 4.6 percent over the next year. The sooner you buy, the more you could save each month on your mortgage payment!

2.  Mortgage rates may increase. Nobody knows what mortgage rates will do for sure, but all major mortgage experts predict that they will rise over the next 12 months, including Freddie Mac, Fannie Made, the National Association of Realtors and more. They are still low compared to historic standards, almost as low as 4 percent right now, so take advantage while you can!

3.  Spring conditions are better for house hunting. The weather here on the North Shore is always a wild card this time of year, but the days are longer, allowing more showings to take place in the evenings after work! There are also fewer days of snow and freezing temperatures. Take advantage now, before summer hits and all the fun that comes with it.

4.  You’re paying a mortgage either way. If you’re currently renting, you’re still paying a mortgage. You’re paying your landlord’s mortgage. Why not invest in your own financial future and start paying your own mortgage? You’ll build equity, and when you sell someday, you’ll get that money back! Homeownership is like forced savings, and your future self with thank you.

5.  It’s time to accomplish your dreams. You have a reason for wanting to buy. You want to invest in your financial future, you want to move to a community you’ve always wanted to live in, you want to be closer to work, or family, or public transportation, or parks. You want to be able to remodel your home however you wish. Whatever your reason is, why wait?

When ready to buy a home in the North Shore real estate market this spring, give me a call, your North Shore real estate agent! I am here to answer all of your questions about the market and the home-buying process, and then to guide you through the entire process until you have keys in your hand.

Once summer hits and the kids are out of school, or your social calendar fills up, your real estate goals might end up on the back burner. Take advantage of the warmer spring season and contact me! Let’s together accomplish your North Shore home-buying and/or home-selling goals now!

Janie Bress
Your North Shore Real Estate Expert

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