Dympna Fay-Hart
Serving Chicago Area Sellers & Buyers

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Blogs

The Numbers Behind the Coming Multi-Million Increase in Households

The housing market, locally and nationally, is looking very optimistic for the next several years.

A recent Mortgage Bankers Association study has estimated that between 13.9 and 15.9 million additional households will be formed by 2024, making the next ten years one of the strongest periods of growth in housing in U.S. history.

In their white paper, Housing Demand: Demographics and the Numbers Behind the Coming Multi-Million Increase in Households, MBA researchers conclude that household formation has been depressed recently by unfavorable economic conditions, and that improving employment markets as well as major demographic trends will create strong growth in both owner and rental housing over the next decade.

Century 21 Agents -- Not An App

It's all about the people . . . always has been and always will be!  Check out one of our newest TV and web commercials.

How To Get Your Home Sold Faster & For More Money

The old adage . . . 'you have to spend money to make money' may also apply to getting your home sold for the most money in the least amount of time.  

Have you heard that staged homes sell in 30% less time and for 15% higher prices?  The data and percentages may vary depending on the statistics and surveys you read, but there is no doubt that staged homes do sell faster and for more money.

Do you think only upscale luxury homes benefit from staging, and your ordinary middle-class home would not realize the benefits?  Well, that's not at all true.  If you have a nice home in a good location but your decor, furnishings and room colors are not a 'WOW' for buyers, then your home is a great candidate for staging.  Your 'stuff' may be dragging down the desirability of your home, and a good staging may be all it takes to make your house a 'hot property'.

Here are some things to consider to help your home sell faster and for more money: