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Some Highlights

  • Thinking about making a move in 2025 and wondering what you can expect? Here’s what expert forecasts say lies ahead.
  • Mortgage rates will come down slightly. More homes will sell. And prices will rise more moderately.
  • Let’s connect to go over what these forecasts mean for your move and what to expect from our local market in 2025.

Originally posted at Simplifying The Market.

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224 Valley View Dr, St Charles, IL

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 3 BATHROOMS 0.44 acres Lot

Welcome to 224 Valley View Dr, a stunning 4BR/2.5BA home boasting over 3,500 sq ft of living space in the highly sought-after Harvest Hills neighborhood of St. Charles, Illinois. Situated on a beautifully landscaped oversized cul-de-sac lot, this home offers an ideal location close to nature preserves, parks, sports fields, and the popular Otter Cove Aquatic Park. The inviting exterior features a charming front porch, a 3-car attached tandem garage, and a huge backyard oasis with a…

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Luxury living is about more than just stunning views and cutting-edge smart home technology—it's about elevating your lifestyle. And if you're in the market for a million-dollar home, now is an excellent time to explore the thriving luxury market. Here's why.

The Number of Luxury Homes Is Growing

The top of the market, or luxury homes, can mean different things depending on where you live. But in general, these are homes that are in the top 5% price range in any area. According to a recent report from Redfin, the average value of those homes has risen to over one million dollars:

“The median sale price for U.S. luxury homes, defined as the top 5% of listings, rose 9% year-over-year to a record $1.18 million during the second quarter.”

That…

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Now that it’s September, all eyes are on the Federal Reserve (the Fed). The overwhelming expectation is that they’ll cut the Federal Funds Rate at their upcoming meeting, driven primarily by recent signs that inflation is cooling, and the job market is slowing down. Mark Zandi, Chief Economist at Moody’s Analytics, said:

“They’re ready to cut, just as long as we don’t get an inflation surprise between now and September, which we won’t.”

But what does this mean for the housing market, and more importantly, for you as a potential homebuyer or seller?

Why a Federal Funds Rate Cut Matters

The Federal Funds Rate is one of the key factors that influences mortgage rates – things like the economy, geopolitical uncertainty, and more also have an…

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Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later.

An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes. As the graph below highlights:

No Caption ReceivedAs the visual shows, the biggest motivators were the desire to be closer to friends or family, outgrowing their current house, or experiencing a significant life change like getting married or having a baby. The…

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If you’re thinking about downsizing, you may be hearing about 55+ communities and wondering if they’d be a good fit for you. Here’s some information that could help you make your decision.

What Is a 55+ Community?

It’s important to note that these communities aren’t just for people who need extra support – they can be pretty vibrant, too. Many people who are downsizing opt for this type of home because they’re looking to be surrounded by people in a similar season of life. U.S. News explains:

“The terms ‘55-plus community,’ ‘active adult community,’ ‘lifestyle communities’ and ‘planned communities’ refer to a setting that caters to the needs and preferences of adults over the age of 55. These communities are designed for seniors who are able to…

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1601 Thornwood Dr, Wheaton, IL

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 3 BATHROOMS 0.05 sqft Lot

Welcome to 1601 Thornwood Dr, a spacious 4BR/2.5BA townhome located in the desirable Streams Villa neighborhood of Wheaton, Illinois. Nestled in a quiet, established community with mature landscaping, this home offers both charm and convenience. Enjoy the peaceful surroundings with a private front garden and porch, as well as a large paver patio in the back-perfect for outdoor relaxation. Inside, you'll find a welcoming floorplan with hardwood floors, white trim detail, and plenty of natural…

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Some Highlights

  • Want to know some of the top mistakes sellers are making today and how to make sure they don’t happen to you too?
  • The biggest missteps are pricing a house too high, skipping repairs, not being objective, and not being willing to negotiate.
  • And the best way to avoid falling into any of these traps is to partner with a trusted real estate agent who knows exactly what to do. Let’s connect so you have someone to lean on for advice. 

Originally posted at Simplifying The Market.

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1402 Dunstan Rd, Geneva, IL

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$ CLICK FOR CURRENT PRICE 3 BEDROOMS 2 BATHROOMS 0.26 acres Lot

Welcome to 1402 Dunstan Rd, a charming 3BR/1.5BA brick and vinyl ranch home in the heart of Geneva, Illinois. Nestled on a large, beautifully landscaped lot with mature trees and a fenced backyard, this home offers both comfort and convenience. Enjoy relaxing on the front porch or entertaining on the brick paver patio, all while being close to the forest preserve, Fox River, parks, award-winning Geneva schools, Sunset Pool, and the Metra train. Inside, you'll find modern neutral decor and…

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If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know.

What Is a Balanced Market?

A balanced market is generally defined as a market with about a five-to-seven-month supply of homes available for sale. In this type of market, neither buyers nor sellers have a clear advantage. Prices tend to stabilize, and there’s a healthier number of homes to choose from. And after many years when sellers had all the leverage, a more balanced market would be a welcome sight for people looking to move. The question is – is that really where the market is headed?

After starting the year with a…

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