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How To Make Your Small Home A Hot Commodity

If you live in a smaller-than-average home, don't be concerned about your home feeling too small for buyers. As we say in the real estate business, there is a buyer for every home, and there are actually lots and lots of buyers for smaller homes . . . singles and retirees are just a few of the large group of buyers of smaller homes.

Large and small, all homes have special selling features and attributes. My job as your real estate agent is to market your property to the largest pool of likely buyers and to help you with things that can be done to make your home feel more spacious and attractive.

What's In Store for Spring's Housing Market in Chicago?

Every year the real estate market takes on a different tone.  Whether it’s a sellers’ market with inflated prices and bidding wars, or a buyers’ market with tons of choices and low prices, there’s no denying that the 2017 spring housing season is upon us.

So what does it have in store? Well, if you’re thinking of listing your home, that’s a very important question.

Here are some market insights that will give you a head start!

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.