February 2024 WSP Newsletter

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Wenzel Select Properties Newsletter-Vol 14 Issue 2
(630) 430-4790 team@wenzelselectproperties.com www.wenzelselectproperties.com

Thinking about selling your house? Today’s market gives you two great opportunities. First, since inventory is up a little bit compared to last year, you’ll have more options for your next home. Second, since there still aren’t enough homes to meet demand, your house will stand out to buyers. When you’re ready to make a move, give us a call. 630-430-4790.


Get the Best Price for Your Home with a Real Estate Professional


Every year, thousands of families apply a fresh coat of paint to their house, pack up their belongings, and try to sell their home. Unfortunately, this doesn’t always work out as planned. Some houses sit on the market for a long time, and homeowners aren’t sure why. If you’ve been struggling to sell your house or just aren’t sure where to start, a professional real estate agent can be the difference between your house sitting… Read More

Three Budget-Friendly Ways to Make Your Living Room Look Expensive


Your living room is one of the most important rooms in your home. It’s where you’ll spend the majority of your time relaxing and entertaining guests, so it’s understandable to want to make a great impression. If you’re on a tight budget, try these three simple tricks to get a designer look without breaking the bank.

Incorporate a Variety of Textures
While it’s common for people to purchase furniture sets, this can create too much of a “matchy… Read More

Here Are Eight of the Most Common Tax Filing Mistakes


As tax season nears, beware of easily overlooked filing mistakes. Here’s a quick list of eight common errors to help you avoid them.

■ Missing Information or Typos: Double-check every detail on your tax return. Something as simple as a forgotten W-2 form or a small error can lead to bigger problems, like miscalculations and even audits. Take the time for a thorough review to ensure everything’s… Read More

Survey Reveals that More People Expect Mortgage
Rates to Drop


A recent report from Fannie Mae on the Home Purchase Sentiment Index indicates that consumers are feeling more optimistic about the housing market. This boost in confidence is fueled by the anticipation of a decrease in mortgage rates within the next year.

According to the survey, 31% of those polled are optimistic, expecting a drop in mortgage rates. In contrast, 31% anticipate rates going up, while 36% believe rates will stay steady. Despite concerns about the overall homebuying climate, there’s been a positive shift in the perception of it being a good time to purchase a home… Read More

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Featured Testimonial

                   by James & Rita


After the great rent hike at the end of 2022 beginning of 2023 with our first child being only a few months old, my wife and I decided to start the search of our first home. Lisa was recommended to us through my friend who used her multiple times. At the start we were FHA qualified and didn’t fully understand the process, the market, basically where to begin. Lisa and her team were able to give us both the knowledge AND background resources to get us into our first house. The process took almost 8 months and we lost many bids. With Lisa’s guidance after loosing bids simply because we were FHA we transitioned to conventional which felt like were were finally in the game.

After dozens of houses that “weren’t right for us” Lisa would always encourage us to keep trying and make herself (or her partner Melissa) available ASAP. Which I have to shout Melissa out because she went to ALOT of houses with us and made it happen with sometimes little notice. Lisa is the type of Realtor who wears her heart on her sleeve and will tell you straight about a place. When we finally found the house we wanted to make an offer on, she made it happen. The whole process was seamless.

Next steps on what to do, her preferred vendor list made it easy to make the close happen. Attorney (Check) Home Inspector (Check). What really impressed me with Lisa wasn’t just Lisa but the team and resources she brought to the table with her to make it happen. Thank you for all the help!


January Happenings 


Congratulations to
John & Colette
on sale of their property!
Congratulations to
Michael & Jacki
on purchase of their new home!


Thank you for allowing WSP to assist you with your most valuable investment.
Lisa M. Wenzel
Designated Managing Real Estate Broker

National Home Trends Point to a Seller’s Market


After five months of declines, existing-home sales increased in November, according to the National Association of Realtors (NAR). While all four sales regions in the country experienced year-over-year sales declines, two regions—the Midwest and the South—saw month-over-month sales climb.

Declining Mortgage Rates Create Opportunity
Lawrence Yun, chief economist for the NAR, expects a marked turn in the coming months as mortgage rates plunge. “The latest weakness in existing home sales still reflects the buyer bidding process in most of October when mortgage rates were at a… Read More

Featured Listings

201 Brush Hill Rd Unit 101 Elmhurst, IL
2 bed, 2 bath, 1st floor condo, heated garage!

5201 Washington St. Suite 2 Downers Grove, IL
Private entrance, 3 separate offices, assigned parking. 


14147 Faulkner Ct. Plainfield, IL
2 bed, 1.1 bath, 1-car garage, fenced yard!

8583 Woodvale Drive Darien, IL
3 bed, 2 bath, 2-car garage, Updates Throughout!
Designated Managing Broker: Lisa Wenzel – 630 430-4797

Broker: Melissa Mathis – 630 392-5171

Broker: Danny Reed – 708 703-4653

Broker: Catherine Lopez – 630 981-4572

Broker: Eumeka Aguado – 847 513-4433

Broker: Harmanpreet Singh – 630 440-1578

Broker: Becky Brand – 815 954-5647

Team Wenzel, 1120 Norfolk Street,
Downers Grove IL 60516

The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.
If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.

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