Posts made by author 'ire-admin'

Professionalism and fairness have always been at the forefront for Baird & Warner throughout its 165 years — and at the core of its longevity as Illinois' largest real estate company. So it follows that the firm had a role in founding the city's first professional real estate organization, the Chicago Real Estate Board, in 1883. After the Great Chicago Fire of 1871, the city saw a boom in the n...

During any hot market, going the extra mile to make your offer stand out can be the difference between securing your dream home and heading back to the drawing board. Many markets in Chicagoland have been sizzling at record levels in recent months, and many homes continue to see multiple offers coming in within...

07When the amount of available housing inventory for sale is lower, real estate analysts and experts generally say that this creates a market that is favorable to sellers — leading to higher sales prices, less time spent on market, and more competition among buyers for available homes.  This situation is largely reflective of the market conditions that we are experiencing right now. According to data from the National Association of REALTORS® March 2021 Existing-Home Sales Report, nationwide inventory levels continue to sit near record lows, with roughly a 2.1-month supply of unsold inventory at the current sales pace — down from 3.3 months at the same period a year earlier, and far below the 6-7 month benchmark that has historically signified a balanced or neutral market. As a result, homes are spending less time on the market on the average, generating more multiple-offer scenarios, and fetching higher sales prices — with the nationwide median sales price up by 17.2 percent year over year, as of March 2021. This snapshot suggests that now is an attractive time for sellers who have been considering making their move to act. With that said, even in a favorable market, sellers should still do everything in their power to make the selling process easier, faster, and more lucrative — particularly bringing on the services of a local real estate expert. 

You've dreamed about homeownership. You've looked at neighborhoods around Chicagoland. You've done some initial research on the local market. You've started talking with your friends and family about making a move. Now, how will you know that the time is right to take the next step forward and talk with a real estate broker? Whatever your real estate goals may be, your real estate broker is an essential partner — and the real estate professional you choose can be the most important decision you make along your real estate journey.  Here are five signs that you're ready to move your goals forward by reaching out to a Chicagoland real estate broker: 
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