June 2025 Real Estate News
TO FIND AN OPEN HOUSE IN GLENVIEW IL NORTHBROOK IL OR MORTON GROVE IL
WHAT IS YOUR HOME WORTH? CHECK IT OUT!
Inside the June 2025 Edition of Real Estate News
This month, we explore how to tell if you need to drop your home price, the housing market, and simple tweaks to save on monthly bills. Plus, discover the biggest outdoor living trends in landscaping and home improvement projects ideal for summer. All this and more in the June 2025 issue of Real Estate News.
Is It Time to Drop Your Home’s Price?
Setting the right asking price is one of the most important decisions you’ll make when selling your home. The first few weeks on the market are crucial: Buyers are watching, and fresh listings tend to get the most attention. If you start too high, you risk missing that early momentum. Even if you’ve done your homework and feel confident about the price, lingering too long without an offer is a red flag. When your home sits on the market, buyers may start wondering what’s wrong—even if the only issue is price.
Time and Traffic Tell the Truth
If you’ve had a good number of showings but no offers, your price might be the problem. Yes, the condition of the home matters—repairs, updates, and curb appeal can all sway a buyer—but a home that’s priced right can often overcome those hurdles. Talk with your agent and look at the numbers. Are comparable homes selling? Are your showings slowing down? Typically, if your home hasn’t received serious interest in the first two to three weeks, it’s time to reevaluate. Acting within the first 30 days keeps your listing fresh and competitive.
Thank You and Have a Great Day
Marina Jacobson
Broker, SFRDirect: 847-510-5009
Cell: 847-361-5605
Fax: 847-510-5109
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