Across the Fox Valley, home buyers are starting to notice something that hasn’t happened in a while: sellers are getting more flexible. In fact, roughly twenty percent of homes on the market are seeing price reductions. That’s one out of every five listings adjusting to meet buyer expectations.

So, what does that mean for local buyers? In short, more leverage. When sellers drop their prices, it signals a shift toward realism and motivation. They’re not just testing the market anymore—they’re ready to make a deal. That opens the door for buyers to negotiate, not only on price but also on terms like closing costs, inspection credits, or even repairs.

This doesn’t mean homes are sitting unsold for months. Well-priced properties in Geneva, Batavia, and St. Charles are still moving quickly. But buyers who stay active, pre-approved, and ready to write an offer can take advantage of a moment that feels different from the intense bidding wars of recent years.

The key is strategy. The Kombrink Team at One Source Realty helps Fox Valley buyers read the market, identify motivated sellers, and negotiate from a position of strength. Whether it’s your first home or your next move, having a seasoned local team by your side makes all the difference.

 

Posted by The Kombrink Team on

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