Conventional wisdom tells us that the spring and summer months are the best times to buy a home. After all, these are the busiest real estate seasons in Oak Park and the surrounding communities. It's the time of year when most sellers decide to list their homes for sale, and buyers scramble and compete with each other to be the winner in the bidding wars that have become commonplace in our market.
Then summer hits. Many people become focused on vacations, festivals, relaxing at the beach. The real estate market cools down. Home prices start to ease a bit, and the competition among buyers lessens.
Savvy buyers looking for a good deal can reap the benefits during the slower fall market. In Oak Park, for example, the median price for single family homes came down about 8% in the fall of 2016, picking right back up as we headed into spring 2017. Motivated sellers, either deciding to sell their homes later in the year, or those who attempted to sell sooner (often for lofty, unrealistic prices), coupled with fewer buyers active in the home buying market, makes for a prime opportunity for home buyers to make their moves.
Have you been thinking about buying a home in the Oak Park area, Chicago, or the suburbs? Start your search here! OPRFhomesforsale.com is an easy to search website that is updated directly from the MLS every few minutes, providing you with accurate, up-to-date listings of homes that are actively on the market for sale.
Did you know that when using a Realtor to purchase a home, there is NO CHARGE to the buyer?
Are you not sure if you can even qualify to buy a home?
Do you have NO idea what to do to start looking for a home?
All of our hard work and expertise is FREE!
Not only do we help you find your perfect home, we also guide you through the entire home buying process. A Realtor is paid from the commission that the seller pays at closing. Sellers only pay a commission when their house is sold.
ANY QUESTIONS? I would love to help you find your perfect property. Call or text me at 630-248-1976 to get started!
Laurie Christofano, Realtor
The Pych Team @ RE/MAX In The Village
Call or text me 630-248-1976
Email me MyRealtorLaurie@gmail.com
See what some of my clients have shared about our experience working together: Laurie's Testimonials