September 2020 Real Estate News

TO FIND AN OPEN HOUSE IN GLENVIEW IL NORTHBROOK IL OR MORTON GROVE IL

Are you buying a home in any of these communities? Check out this Market Tracker.

WHAT IS YOUR HOME WORTH? CHECK IT OUT!

In this month’s September 2020 Real Estate News learn what home decor items are worth splurging on plus how to identify your own backyard personality style. Discover five ways to boost your immune system and reasons you should get pre-aproved before house hunting. All of this and more in the September 2020 Real Estate News.

Now Is a Great Time to List Your Home for Sale

The pandemic may have caused a decline in existing-home sales across the country over the past three months, but according to the National Association of Realtors (NAR), sales rebounded in June. What’s more, every sales region in the country experienced month-over-month sales increases, with the West seeing the most improvement. If you are considering putting your home on the market, here are five reasons why you should act sooner rather than later:

People Are Looking to Move
The pandemic has forced people to spend more time in their own homes, leading many homeowners to realize that their homes no longer fit their lifestyles or their expanding families. According to Lawrence Yun, chief economist for NAR, “The sales recovery is strong, as buyers were eager to purchase homes and properties that they had been eyeing during the shutdown.” He expects that the market revitalization will continue but cautions that a sustained recovery will depend on mortgage rates remaining low and employment numbers continuing to improve.

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Marina Jacobson
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