There's No Place Like Your Place Blog

head_left_image

There is a reason we call this a BUYER'S MARKET-Real Estate is ON SALE!

There is a reason we call this a BUYER'S MARKET...

 

Actually, there are MANY reasons! I have always LOVED representing buyers, but I have never had so much fun and success with my buyer clients as I am now in this BUYER'S MARKET

 

 Ecstatic Home Buyer Buyer's Market

There IS An UPSIDE To This Market: True, it may not be the best time to sell, unless you need to or if you are moving UP in price. (That could be a whole other blog post!)  If you pay attention to the media, you may get the idea there is nothing GOOD about this market and the best thing to do is to just stay away from real estate.  But, as in anything, everything has silver lining, and in this case, it just may be the silver cup! There is a reason we call this a Buyer's market, and that is because current real estate conditions are VERY favorable to buyers.  Yes, it is a GREAT time to buy, for many reasons.  I will just highlight a few here.....

 

Time Of Year: We are now going into the "holiday season", which is traditionally the slowest time of the year.  Most well informed sellers and their Realtors know that as the upcoming weeks tick by, they have more of a chance of being stuck without a buyer through winter.  Let this work in your favor now. 

Choices Galore:  In my 15 years career as a Realtor, I have never seen such an abundance of well priced homes on the market.  In a seller's market, I have seen my buyers stressed out by the lack of choices.  On the flip side, these days there are almost SO many choices that my buyer clients actually sometimes feel overwhelmed because there is so much to choose from.  This is definitely a better problem!

 

Real Estate is ON SALE!

 Real Estate is on SALE

 

We Can Negotiate: I love to go to bat for and negotiate for my buyer clients.  This is one of the many professional services I do for my clients that really I love doing the most! And I am having more fun than ever doing this because now, in this market, we really CAN negotiate great prices and terms for buyers. 

VERY Well Priced Inventory of Homes On The Market: Not only can you negotiate once you find the home you love, but the market is also abundant with a housing inventory that is ALREADY very well priced.

 

Great Deals:  In my opinion, the best deals are not just the foreclosures, REO's, pre-foreclosures and short sales.  Most of the best deals are the sellers that actually have some equity in their homes and have the ability and desire to sell.  And you not only have less risk than with bank/corporate owned homes, but you can negotiate more and they are definitely easier to work with.

 

Less Competition:  In a strong seller's market, ALL the buyers come out....which of course, is WHY it is sellers market then.  In a seller's market, all of the buyers are competing for the best homes.....homes that are priced well and in great condition.  When the buyers should REALLY come out is now, that is why we call it a BUYER'S MARKET.  Real Estate market conditions are very favorable to BUYERS now.  Don't miss your chance by waiting until the market heats up again.

 

More Motivated Sellers:  Once again, we can negotiate!  Sellers are much more willing to negotiate on price, terms, and inspection/repair issues now because they KNOW how valuable an offer from a ready, willing and able buyer is these days.  They are much less likely to turn down your offer and just wait for the next one because it may be a long wait.

 

Time Is On Your Side:  No longer do you have to put in an offer immediately when see a home you like to beat out the other buyers.  You can take a little more time looking, deciding and finding one that is just right for you.  Do not get me wrong; even in this market we do still see multiple offers on well priced homes.  But you do not always have the pressure of feeling you have to make an immediate decision or you will lose out.  You can get comfortable with your decision first before moving forward.

 

 

girl thinking with house painted on wall

 

Rates ARE Great:  We have been spoiled in recent years because we have had low interest rates for so many years; we almost forget how lucky we are they are still so low NOW.  Does anyone remember the days when mortgage loan interest rates were at 18%? Coupled with the lower home prices in today's BUYER'S MARKET, you can really score a great deal now.

 

Financing:  Yes, there are plenty of loans available and loan options for buyers today.  From listening to the press, you just may think all of the mortgage money dried up and no one can get a loan.  It is NOT true!  There are many options and lenders able and eager to earn your business and help you get into a home now.

 

Buy What You Love, Not What You Like:  In a strong seller's market, buyers had to make choices between the few homes that were acceptable to them.  The market did not allow the luxury of shopping to find a home you LOVE.  Now you can!

 

The thing is, no one has a crystal ball and no one knows when the market will "hit bottom".  Many speculate on when this will be.  But we are definitely already in the low part of the cycle.  Real estate values are cyclical and historically it shows that after we have a period of increasing values, it is always followed by a "correction" period.  We had the longest run in recent years of increasing values so this "correction" period is lasting longer as well, of course.  But remember, it IS a cycle and values WILL go back up. 

 

The only time we will really know we hit bottom is when the market is on its way back up.  At that point, it just may be too late.  If you speculate too much, you may miss the really great deals that are out there NOW for you.

 

No matter what type of market we are in, the most important thing to consider is if it is a good time for YOU to buy.  You have to be comfortable with your own situation.  But if you are comfortable making a move, don't let FEAR get in the way of the fabulous deals that are there to be had right now.  This will not last.

Fence

OK...so that is a few really good reasons to jump off the FENCE and in the game today.  I could go on and on about this as more points keep coming to mind today, but I do need to get back out of my office to meet the next smart and savvy buyer clients I am working with today!  Have a wonderful fall Saturday:-)

 

 

There are fabulous buys on the market....now is a GREAT time to buy real estate in Northern Illinois, especially for MOVE UP Buyers, Waterfront Buyers, Vacation and Second Home Buyers, Investors and First Time Buyers!

  

 

 Debra Kukulski Cary IL Real Estate

 

If I can be of assistance to you, please do not hesitate to call or email me.  It will be my pleasure!  By the way, if you know of someone that could benefit from my high level of service, please call or email me with their name and daytime phone number and I will make sure to follow up and take great care of them.  My business keeps growing from your referrals.

 

My Direct Number at the Office is 847.516.6760

 

 I look forward to the opportunity to earn your business.

 

 

 

To Search Homes For Sale, Please Contact Me Directly Or Feel Free To Search On My Website!

 

Search Waterfront and Fox River Front Homes For Sale Here

 

 
 

It is an EXCELLENT TIME TO BUY AND SELL NOW, especially for second home buyers, investors, move up buyers and even first time buyers!

 

 

I hope you find this information useful.  I am only a phone call or email away of you need real estate help:-)

Debra Kukulski Real Estate Consultant

If I can be of assistance to you, please do not hesitate to call or email me.  It will be my pleasure!  

By the way, if you know of someone that could benefit from my high level of service, please call or email

me with their name and daytime phone number and I will make sure to follow up and

take great care of them. 

The majority of my business is referral and repeat clients.  I am so grateful it keeps growing from your loyalty and referrals:-)

I appreciate YOU and your referrals!

 

 

I can be reached at my direct number at the office: 847.516.6760.  I look forward to hearing from you!

 

Information deemed accurate and reliable but not guaranteed. Source MRED MLS.Disclaimer: Information herein may come from various sources, some of which may not be reliable and may change without any notice. Debra Kukulski does not guarantee or is any way responsible for the accuracy of the information in this blog and information provided is without warranties of any kind, either express or implied. Information on this blog represents the opinions and ideas of the author; comments by others may not express the views of the author.  All photos and content may not be duplicated without express written consent of author.
Copyright © 2016 By Debra Kukulski, all rights reserved.

 

Comment balloon 10 commentsDebra Kukulski, Broker Associate • November 15 2008 02:05PM
There is a reason we call this a BUYER'S MARKET-Real Estate is ON…
share
There is a reason we call this a BUYER'S MARKET… Actually, there are MANY reasons! I have always LOVED representing buyers, but I have never had so much fun and success with my buyer clients as I am now in this BUYER'S MARKET … more
Crystal Lake Real Estate Market Update-McHenry County, IL
share
How is the current real estate market in Crystal Lake, IL? Crystal Lake is located in McHenry County As of this morning, per MRED MLS, for the past 3 months: We currently have 588 Single Family homes… more
Algonquin-How is the current Real Estate Market? McHenry County,…
share
How is the current Real Estate Market in Algonquin, McHenry County, Illinois? As of this morning, per MRED MLS, for the past 3 months: We currently have 274 Single Family homes for sale in Algonquin that are active… more
Illinois-Lake County/McHenry County-BARRINGTON HILLS IL Real Estate…
share
Illinois-Lake County and McHenry County- BARRINGTON HILLS IL Real Estate Market Conditions How is the current market in BARRINGTON HILLS IL (OK… the market is a bit stormy now, but things should clear up soon! ) … more
Illinois-Lake County-FOX LAKE REAL ESTATE MARKET CONDITIONS and Fall…
share
Illinois-McHenry County- FOX LAKE REAL ESTATE MARKET CONDITIONS How is the current market in Fox Lake Before we get to the fact and figures… but let's also have a little fun! The town of Fox Lake is in Lake County and is on the… more
My November Real Estate Newsletter
share
Your REALTOR: Debra Kukulski November 2008 "The highest compliment a client can… more
November Real Estate Cyber Tips
share
November 2008 3D For Everyone! Thinking of building that deck? How about an attractive tool house - or… more
Illinois-McHenry County-McHenry, Lakemoor, McCullom Lake, Sunnyside,…
share
The Gorgeous New McHenry Riverwalk Is Pictured Below Illinois-McHenry County-McHenry, Lakemoor, McCullom Lake, Sunnyside, Johnsburg, Holiday Hills, Ringwood-Real Estate Market Conditions: This report also includes… more
Illinois-McHenry County-LAKE IN THE HILLS Market Update
share
How is the current market in Lake In The Hills McHenry County IL As of this morning, per MRED MLS, for the past 3 months: •· We currently have 249 Single Family detached homes on the market in Lake In The Hills that are… more
Illinois-Lake County-Wauconda Real Estate Market Update
share
How is the current market in Wauconda, IL? How is the current market in Wauconda IL LakeView Villa Beach on Bang's Lake Wauconda IL Pictured Above Wauconda IL Market Conditions: As of today, per MRED MLS, for… more
Illinois-McHenry/Lake Counties CARY IL Real Estate Market Conditions…
share
Illinois-McHenry County, Lake County-CARY IL Real Estate Market Conditions How is the current market in Cary, IL? 6 Crofton Court, Cary IL : Cary IL Market Conditions: Cary is located in both McHenry and Lake… more
Luxurious Beautiful Home For Sale in Cary, Illinois!
share
Traditional Luxurious Beauty, Meticulously Upgraded And Maintained! Granite Kitchen. Hardwood Floors, Crown Molding. Private Wooded Oversized Backyard. Brick Paver Patio/Drive/Side Apron. Finished Basement Has Newly Remodeled… more
October Cyber Tips
share
October 2008 Is Your Money Safe? How are you sleeping lately? Do you ever stay awake worrying if your… more
My October Real Estate Update
share
October 2008 "The highest compliment a client can give me is to trust me with a referral, this is how I build my business! " If you have a friend or family member looking to buy or sell a home… more
NORTHERN ILLINOIS BARRINGTON AREA REAL ESTATE MARKET UPDATE
share
How is the current real estate market in the Barrington areas of Northern Illinois (The Barrington Areas are located in McHenry County Cook County and Lake Counties in Northern Illinois. The "Barrington Area" in MRED MLS… more
ILLINOIS-MCHENRY COUNTY-ISLAND LAKE REAL ESTATE ACTIVITY UPDATE
share
How is the current market in Island Lake, IL? We are still experiencing a Buyer's Market in ISLAND LAKE IL. It is a GREAT TIME TO BUY, *especially for first time buyers, investors and move up buyers. * We are having a HUGE sale… more
Illinois-McHenry County, Lake County-CARY IL Real Estate Market…
share
Illinois-McHenry County, Lake County-CARY IL Real Estate Market Conditions How is the current market in Cary, IL? Cary IL Market Conditions: Cary is located in both McHenry and Lake Counties in Northern Illinois … more
Selling Your House in a Down Market - 5 Tips
share
It's official. It's a buyer's market out there for home sellers. But homes are still selling, mostly by people who know the landscape has changed. Check out the link below for further information. Selling Your House in a Down… more
MOVING/STORAGE Discounts for my valued clients!
share
Moving or just de-cluttering? I know this part of moving is NOT the fun part! So many of my clients have just loved PODS. Instead of getting a storage unit, PODS will drop off a POD at your home for you to fill up… more
September Real Estate CyberTips!
share
September 2008 This Trick Will Blow You Away! They should call this neat trick "Morphing Made Easy… more