Seller's Market Prevails in Many Markets across the US including Chicago, Denver, Dallas according to Recent Report by Skyfor, Inc.

Seller’s Market Prevails in Many Markets across the US including Chicago, Denver, Dallas according to Recent Report by Skyfor, Inc.

Seller’s Market Prevails in Many Markets across the US including Chicago, Denver, Dallas according to Recent Report by Skyfor, Inc.

Skyfor, a consumer education and real estate referrals company based out of Denver Colorado continues it’s series of buyer agent reports on market conditions across the US with the most recent being a report on the Chicago, Illinois area.

April 13, 2018 ( datsyn.com) – (Chicago, IL) Richard Harty of Harty Realty Group in Highland Park, a community in the Chicago, Illinois area gave a report this week on the status of residential real estate to Skyfor, a real estate consumer education and referrals company. Harty stated that “Prices have gone out of the affordable range for many.” However, the Chicago area market conditions are spotty, with some areas escalating in price at a remarkable clip and others remaining stable or declining.

Harty is one of Skyfor’s top buyer agent specialists who has represented only buyers since 2009. For a list of qualified buyers agents who serve the Chicago area, and a summary of the interview, see the Illinois Buyers Agent network of members at buyeragentsearch.com/associations-and-real-estate-agents/illinois-buyers-agents/

This buyer’s agent explained that the average price of homes in the popular subdivision of Oak Park is over $500,000, and may other North Shore communities such as Kenneworth have average prices of over $1 million. He stated that Evanston and Naperville are “hot” markets.

The broker provided an example of a recent transaction on a property listed at $700,000, where he and his client offered $5,000 over asking price. When the seller accepted the final offer, the price ended up being $785,000. The broker stated that areas in Northwest Chicago are experiencing a strong seller’s market with quality $300,000 homes going for $25,000 over asking price.

The interviewer asked why there seemed to be such a strong seller’s market, and Harty surmised that it was simply that there are more buyers than inventory available for sale. He felt that many buyers are having to accept a longer commute to work in order to get into an area where housing is affordable for them.

Another SmartHomeSearch broker in Skyfor’s network of top agents, Diane Oliveros of Elgin, IL states that getting people a good home takes a special effort to make sure buyers are always kept up to date. She stated that she provides Virtual tours, open houses, texting, e-mailing, phone, face book, face time, skype… “whatever means of communication my client is comfortable with.”

Once out of the super-hot areas of northwest Chicago, brokers concur that at the $500,000 mark that there is more inventory and not as much competition. Some less desirable neighborhoods have actually stabilized or declined in prices in recent months.

Skyfor, who also manages the Colorado Exclusive Buyer Agents Association, notes that the Denver Colorado market seems to be experiencing more consistent growth throughout the city, compared with Chicago, which has a greater population and more neighborhoods and thus more of a patchy market.

Those wishing to consider a real estate home purchase may get a free consultation, market analysis and list of buyers agents by phoning the Association headquarters or going to the inquiry page located buyeragentsearch.com/find-a-buyers-agent/

Skyfor, Inc. is all about empowering YOU, the real estate buyer, to have access to top real estate agents and the tools to choose the best. We specialize in suggestions of best-performing Buyer Agents.

 Our primary focus and specialty is consumer choice of the best buyer agent. We also track good listing agents who are exclusive to buyers. We seek out top buyer agents in traditional offices as well.  Skyfor manages the consumer inquiries for a few state buyer agent associations including the Massachusetts Association of Buyers Agents and the Colorado Exclusive Buyer Agents Association.

This BuyerAgentSearch site is a product of Skyfor, Inc. Skyfor Inc. was founded in 1998, by its President, Kathleen Chiras. Kathleen Chiras is a licensed broker/owner and licensed buyer’s agent Realtor in the state of Colorado. To date, Skyfor has provided assistance to over 80,000 consumers in their selection of quality real estate agents.

Kathleen has an undergraduate degree from Purdue University and a Masters in Social work. Educational designations earned include; the Certified International Property Specialist designation (CIPS) and Accredited Buyer’s Agent Designee (ABR). She has been a licensed real estate broker/owner since 1994.

In 1995, Kathleen helped form the National Association of Exclusive Buyer Agents and served as its Executive Director for 6 years, and was in charge of its Consumer Inquiry Program for almost 20 years. During this time, the program earned a top award from the Associations Advance America for this program. SkyFor currently provides consumer inquiry services for numerous national and regional groups of professional real estate agents including the Massachusetts Association of Buyer Agents, the Colorado Exclusive Buyer Agents Association, Buyer’s Agent Alliance Network, and the SmartHomeSearch Broker Network.

Buyer clients who used our services say…

 

Source: PR