After talking with many realtors about today’s market, I came away with an interesting discovery. Naturally we always asked each other “How are you doing in the slow market?” I usually follow up “What is the biggest obstacle?” The answer was pretty much the same – getting our clients to understand that the market is extremely local. By that I mean that it varies, not only from city to city but also from neighborhood to neighborhood. Regardless if the client is a buyer or seller, the problem remains the same. All the information the media keeps putting out about the percent of depreciation homes have declined in the past few years is just an average. It can give you a very distorted picture of the market you live in. Just remember – its an average. Depending on where they received their information from will determine if the numbers really mean anything to you or not. Your best source of the real picture of you market is a full time Realtor who uses his or er expertise to give you the factual data you need. This is the individual who works this market and has the insight as to what is truly happening in the community. Whether you are a buyer or seller this is the person you should talk to. Remember also that the dynamics change from neighborhood to neighborhood. This is important if you are selling and then buying in a different area. The better informed you are, the more intelligent decision you will make. Feel free to contact me with any questions. You can reach me at (630) 420-1300, or email me at skip@juckins.com . You can also visit our website – www.Riverwalk-Realty.com .
Now to the local restaurant scene: Morton’s Steakhouse in Naperville is offering two June events. On June 8th they are hosting a book-signing reception benefiting Feeding America and on June 18th they are having a premium cigar event on their patio called “Puff on the Patio”. You can call them at (630) 577-1372 for price and/or more information. I’ll leave you with a quote from Wayne Dyer - .“If you change the way you look at things, the things you look at change.”………… ’til next time.
