Although many Chicagoans thrive in the winter (with a few who even dip into our icy Lake Michigan waters during the chilly months), most of us are thrilled when spring finally arrives.

Well, patio dwellers and 606 runners, it’s time to celebrate. The days are getting longer, and the temperatures are starting to rise into the 40s and 50s. Spring is finally coming to Chicago!

If you’re pretty keen about the housing market, then you know how important timing is for the spring. In fact, conventional wisdom is that you should start paying attention before the real spring even hits.

If you’ve kept up with our blog, then you know that we think of the Super Bowl -- that big game positioned in early February -- as the actual date when the real estate market really starts to bloom. It’s during this time, in late February and early March, that the market starts to get that springtime pep in its step once again.

Buying a home is one of the biggest decisions you can make in life.

For better or for worse, purchasing a house will affect your lifestyle and your finances for years and years – so it’s important that you go into this important, engaging, occasionally trying process with a clear head and the right attitude.

Often though, getting it “right” is more easily said than done. So instead, let’s talk about the ways that you can avoid getting it “wrong,” by running down a list of common buyer mistakes – the attitudes, misconceptions, and missteps that have prevented many would-be buyers from snagging the best possible property.

Here are four common mistakes to look out for as you begin the homebuying process – and some expert advice on what you can do to avoid them.

Why You Should List Your Home the Day After the Super Bowl (Source: Pixabay,com - used as royalty free image)

There’s no bigger game than The Big Game, is there? (Yes, we are allowed to say Super Bowl, as it turns out.) All of your friends and family gathered around the TV, yelling at football players, laughing at a fresh batch of Doritos commercials, chowing down on – statistically speaking – four buffalo wings per person? It’s the best!

And there’s another reason why our team here at Real Group marks the Super Bowl on our calendars every year: For real estate pros, it’s a big deal. And if you want to sell your home, we suggest you pay attention to the Super Bowl too; in our experience, the day after the big game is a magical time for home listings.

What makes it so special? You see, the Super Bowl, held in early February, marks the start of the spring season for real estate. While we’d argue that there are some strategic upsides to selling in the winter, there can be no denying that it’s the slowest period of the year, for buyers and sellers alike. For buyers, there are fewer listings on the market to choose from; for sellers, the unpleasant weather, the busy holiday rush, and the dearth of options means that fewer people will be looking to buy at all.

Whether you’re looking to buy a home in a Near North high rise or you hear the Bungalow Belt calling your name, research has consistently shown that owning real estate can be one of the smartest investments there is for building wealth, and securing your long-term financial outlook - even in these unpredictable times.

Survey Consistently Ranks Real Estate as the Best Long-Term Investment

Homeownership has long been favored as a way to start building up your wealth, particularly when you look ahead to the future. In fact, did you know that, historically, current and future homeowners trust real estate as a worthy long-term investment tool more than any other investment vehicle? In a 2020 survey from Gallup, brought to our attention by Keeping Current Matters, Americans selected real estate as their choice for the best long-term investment for the seventh year in a row, rating it above stocks/mutual funds, gold, and bonds. 

Real Group Real Estate

Contact Our Team Today

Contact Us
Please enter your name!
Please enter your email!
Write your message!

Search Our Blog

 

 

Subscribe to our Newsletter


Baird & Warner

2526 N Lincoln Ave
Chicago, IL 60614

Login Form

© 2013 - 2020 Real Group Real Estate at Baird & Warner. All Rights Reserved. Designed By Geek Chicago
Baird & Warner, 2526 N Lincoln Ave. Chicago, IL 60614 - Privacy Policy