06/03/2026
The spring market was an interesting one. It has been a puzzle to figure out, but I am starting to notice the trends which I talked about in the last email. Now we are transitioning to the summer market. What is different in the summer vs the spring? A LOT... and by a lot, I mean A LOT more houses! Finally, we are starting to see the uptick I have been telling you is coming. June and July are the highest-producing months for inventory and closings.
When I meet buyers to show houses, they are excited to share that they are seeing more houses coming on their searches. I am still noticing houses flying off the market at $50k to $100k over asking. Those houses are 100% done and priced a hair under value, which is clearly getting them a very high ROI. The other houses are sitting for a bit, and you might think of that with a negative connotation, but to me, it is not. They sit for a bit and then they sell. It has never been an issue, and sellers still get the number I tell them they are going to sell for.
It has never bothered me to list at a "higher price" either. I am telling a lot of my clients to try it at a higher number. Why, you ask? Because my job is not to force the seller to list at my price or else. My job is to inform the seller of the most important information, give them my professional opinion on the list price, and then let them make the call. I am in the advisory board seat, and the seller is the owner of the company.
I had a mentor who said it so perfectly: your job is not to sell houses; your job is to find out EXACTLY what the client wants to do and deliver on that. It has been my mantra since I heard it. It aligns my goals with my clients and makes my job much less stressful because I am not here to force anything. If they want to spend $50k on landscaping that doesn't matter to the sale (after I inform them I don't believe this is a great ROI, of course), then GREAT, I will bring the beer and help you! As long as they know the ramifications and have clearly thought out their decision, I am here to support and guide.
All that to say, the market is picking up! Get out there and find your dream home! I am here to help you do whatever your goal is!
Want to stay up to date on the real estate market in Dupage and surrounding ares? Message me.