January, 2009
Dear Friends,
HAPPY NEW YEAR!
As you have no doubt noticed, nearly everyone has an opinion about the state of the real estate market. The most vocal opinions are being expressed on television, on the Internet, in print media and on the radio. The problem is that many of these opinions tell only one side of the story.
Two articles were published in the Daily Herald newspaper on Sunday, January 4th which talked about how THIS is the best real estate market for buyers since the 1970s because of the extremely low interest rates and the reduced prices on homes for sale. A few years back, I can remember showing houses to clients who only had 5 or 6 properties to choose from in their price range because there was so little inventory. That is certainly not the case today! These lower home prices and large inventories make this an ideal market for first-time homebuyers, people looking to move up to a larger home, and real estate investors. I am very optimistic about the opportunities that this market presents to us all.
I know many of you enjoy the facts, figures and statistics of the market, and if you would like specific data about your own property, please feel free to call me anytime as I would be happy to give you an updated market analysis.
The first Item of Value of the New Year reviews the state of the real estate market. On the reverse side are tips on selling your home faster, the best ways to invest in your home, and a look at historic home values to prove that your home is the best long-term investment. Additionally, I have enclosed a list I came across recently from Crain’s Chicago Business that details the 25 largest employers in the six-county Chicagoland area. I found this very interesting, and I thought it might be useful for anyone looking for new job opportunities.
I hope you had a great 2008, and I look forward to serving you in 2009! Don’t forget to call me for all of your real estate needs. I also have contacts in the commercial real estate industry and access to a network of Realtors around the United States. Take care and I will be in touch.
Sincerely,
Jen Conte
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