Starved Rock Realty 620 N. Division St. Utica (815) 667-9990 www.starvedrockrealty.net PUT THE STARVED ROCK REALTY TEAM TO WORK FOR YOU! Larla Grandadam Broker Denisse Perez Broker (815) 326-8513 Dee Barrera BrokeriOwner Alice Green Broker Johanna Arkels Broker (815) 252-8026 (815) 252-9696 (815) 488-9712 (815) 883-1353 What It Means To Be in a Sellers' Market If you've given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here's why this season is the ultimate sellers' market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase. The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 2-month supply at the current sales pace. Historically, a 6-month supply is necessary for a 'normal' or 'neutral' market in which there are enough homes available for active buyers (See graph below). When the supply of houses for sale is as low as it is right now, it's much harder for buyers to find homes to purchase. As a result, competition among purchasers rises and more bidding wars take place, making it essential for buyers to submit very attractive offers. As this happens, home prices rise and sellers are in the best position to negotiate deals that meet their ideal terms. If you put your house on the market while so few homes are available to buy, it will likely get a lot of attention from hopeful buyers. Today, there are many buyers who are ready, willing, and able to purchase a home. Low mortgage rates and a year filled with unique changes have prompted buyers to think differently about where they live - and they're taking action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house. 2607 N. Illinois State Rt. 351, Oglesby MLS#10991356 - $399,900 RARE FIND! Approx 14 acres: 5 separate 2 bedroom houses with old world character. Lots of hardwood floors and natural woodwork. Each house has a garage, separate septic and cisterns. 2 wells on property. 1 dug and one bored. Lots of possible options for water including possibility of Jonesville and Oglesby. One house has a very long-term tenant that pays $500 per month. One owner occupied and one vacant. Other 2 houses have barns and one out building - 1 street light has separate electric meter, All houses nicely spaced for privacy. This beautiful park-like property perched high on a hill with wonderful views of the Ilinois Valley. Offered by Dee Barrera - 815/252-9696 169 E. Union Street, Seneca MLS# 11039091 - $84,500 This is a tri-level home with 4 bedrooms. 2 on the main level, 2 on the lower level. In the lower level you have a large family room with a wood burning fireplace. In the lower level is also where you will find the laundry/utility room. This home has electric heat. There are two bathrooms, one on the main level, and one off the breezeway, In back you will find a 2 car detached garage. Also the backyard is fenced in with a decent amount of space. This home needs some TLC, there are damaged windows and flooring needed. Seller will only consider cash offers, possibly strong conventional financing. This WILL NOT pass usda, fha, or va. The seller will not fix, replace or credit. Bring all offers, this sale is 'as is. Offered by Alice Green - 815/488-9712 1410 Lakeview Drive, Mendota MLS # 11034371 - $169,427 Brick cape cod with Lake Mendota view, 3 bedroom 1 1/2 bath. 2 car attached garage. Full basement. Large living room. Spacious backyard with great view of the lake. Bedroom and full bath on main level. Offered by Alice Green - 8151488-9712 1402 5th Street, La Salle MLS # 11010564 -$1150/MO Lovely Large One bedroom, One Bath - TOTALLY, TOTALLY FURNISHED! INCLUDING UTILITIES!!!! All furniture. BIG SCREEN TV. including linens, dishes small and large appliances, WASHER AND DRYER, small utensils, electricity, gas heat, water, sewer, trash & WI FI. Totally remodeled beautiful easy care laminate floors, high end sinks, lots of cabinets. center island with room for bar stool. Open floor plan with eat in kitchen, main level laundry. High ceilings with one ceiling fan. Nice lighting plus loads of natural light. Move right in! One year lease but short term also avail. Off street parking. $35 credit/application fee per adult on lease. Offered by Dee Barrera - 815/252-9696 WE NEED MORE LISTINGS! Home prices are appreciating in today's sellers' market. Making your home available over the coming weeks will give you the most exposure to buyers who will actively compete against each other to purchase it. Starved Rock Realty 620 N. Division St. Utica (815) 667-9990 www.starvedrockrealty.net PUT THE STARVED ROCK REALTY TEAM TO WORK FOR YOU! Larla Grandadam Broker Denisse Perez Broker (815) 326-8513 Dee Barrera BrokeriOwner Alice Green Broker Johanna Arkels Broker (815) 252-8026 (815) 252-9696 (815) 488-9712 (815) 883-1353 What It Means To Be in a Sellers' Market If you've given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here's why this season is the ultimate sellers' market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase. The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 2-month supply at the current sales pace. Historically, a 6-month supply is necessary for a 'normal' or 'neutral' market in which there are enough homes available for active buyers (See graph below). When the supply of houses for sale is as low as it is right now, it's much harder for buyers to find homes to purchase. As a result, competition among purchasers rises and more bidding wars take place, making it essential for buyers to submit very attractive offers. As this happens, home prices rise and sellers are in the best position to negotiate deals that meet their ideal terms. If you put your house on the market while so few homes are available to buy, it will likely get a lot of attention from hopeful buyers. Today, there are many buyers who are ready, willing, and able to purchase a home. Low mortgage rates and a year filled with unique changes have prompted buyers to think differently about where they live - and they're taking action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house. 2607 N. Illinois State Rt. 351, Oglesby MLS#10991356 - $399,900 RARE FIND! Approx 14 acres: 5 separate 2 bedroom houses with old world character. Lots of hardwood floors and natural woodwork. Each house has a garage, separate septic and cisterns. 2 wells on property. 1 dug and one bored. Lots of possible options for water including possibility of Jonesville and Oglesby. One house has a very long-term tenant that pays $500 per month. One owner occupied and one vacant. Other 2 houses have barns and one out building - 1 street light has separate electric meter, All houses nicely spaced for privacy. This beautiful park-like property perched high on a hill with wonderful views of the Ilinois Valley. Offered by Dee Barrera - 815/252-9696 169 E. Union Street, Seneca MLS# 11039091 - $84,500 This is a tri-level home with 4 bedrooms. 2 on the main level, 2 on the lower level. In the lower level you have a large family room with a wood burning fireplace. In the lower level is also where you will find the laundry/utility room. This home has electric heat. There are two bathrooms, one on the main level, and one off the breezeway, In back you will find a 2 car detached garage. Also the backyard is fenced in with a decent amount of space. This home needs some TLC, there are damaged windows and flooring needed. Seller will only consider cash offers, possibly strong conventional financing. This WILL NOT pass usda, fha, or va. The seller will not fix, replace or credit. Bring all offers, this sale is 'as is. Offered by Alice Green - 815/488-9712 1410 Lakeview Drive, Mendota MLS # 11034371 - $169,427 Brick cape cod with Lake Mendota view, 3 bedroom 1 1/2 bath. 2 car attached garage. Full basement. Large living room. Spacious backyard with great view of the lake. Bedroom and full bath on main level. Offered by Alice Green - 8151488-9712 1402 5th Street, La Salle MLS # 11010564 -$1150/MO Lovely Large One bedroom, One Bath - TOTALLY, TOTALLY FURNISHED! INCLUDING UTILITIES!!!! All furniture. BIG SCREEN TV. including linens, dishes small and large appliances, WASHER AND DRYER, small utensils, electricity, gas heat, water, sewer, trash & WI FI. Totally remodeled beautiful easy care laminate floors, high end sinks, lots of cabinets. center island with room for bar stool. Open floor plan with eat in kitchen, main level laundry. High ceilings with one ceiling fan. Nice lighting plus loads of natural light. Move right in! One year lease but short term also avail. Off street parking. $35 credit/application fee per adult on lease. Offered by Dee Barrera - 815/252-9696 WE NEED MORE LISTINGS! Home prices are appreciating in today's sellers' market. Making your home available over the coming weeks will give you the most exposure to buyers who will actively compete against each other to purchase it.