Daylight savings time resumes at 2:00AM
this Sunday.Don’t forget to adjust your clocks and now is a great time to change the batteries in your home’s smoke detectors!
Happy St. Patricks Day
from all of us at
Wenzel Select Properties!
Visit our PINTEREST page for our favorite
St. Patrick’s Day recipes, crafts & more!
Here’s How a CMA Helps Find
Your Home’s Value
A comparative market analysis (CMA) is the most accurate way for a real estate agent to determine the market value of a home. It has some of the same characteristics as an appraisal but a different purpose. A home appraiser usually works for the mortgage lender. The appraiser’s job is to conservatively determine the value of a home to assure the lender that they will recoup most or all their investment if the buyer defaults… Read More
Instantly Elevate Your Living Room Style with These Decor Tips
Improve your living room for less than you may think. Here are some ideas to get started.
Consider the Focus
A room may look cluttered and unattractive because it lacks focus. Decide what the focal point of the room was meant to be when the house was constructed. If there is a fireplace, use it as your point of focus. Arrange the furniture so that it flows in the direction… Read More
Mortgage Rates Are on the Rise: Here Is What to Expect in 2022
Mortgage rates are up and expected to keep climbing; this might lead to moderation in demand from homebuyers and a slight slowdown of home price growth. Despite this, economists with Freddie Mac believe the single-family housing market should remain stable throughout the year. According to Freddie Mac Chief Economist Sam Khater, “The combination of a large number of entry-level homebuyers… Read More
Check Us Out! Click the Links Below and Visit Us Online!
by Dan & Ashley
Lisa and Melissa were a joy to work with. Both were highly knowledgeable in every aspect of the house buying process including what to look for in the perfect property to meet the needs of our family. We are very thankful for their support and guidance! We sold our property and purchased a new home during the same time frame with them. Any issues that popped up were dealt with promptly, professionally and in every way that met our expectations. We couldn’t be happier with their results.
Congratulations to Kenny & Suzanne
on the purchase of their new home! Thank you for allowing WSP to assist you with your most valueable investment.
Lisa M. Wenzel
Managing Real Estate Broker
2021 Had the Highest Home Sales Since 2006
After three steady months of increases, existing-home sales fell 4.6% in December, according to the National Association of Realtors (NAR). The trend was nationwide, as all four major U.S. regions reported both month-over-month and year-over-year declines. Yet, despite the drop in monthly sales, overall sales increased in 2021 by 8.5% from 2020. According to NAR Chief Economist Lawrence Yun, sales for 2021 reached the highest annual level since 2006. “December saw sales retreat, but the pullback was more a sign of supply constraints than an indication of a weakened demand… Read More
Competing to Buy in a Hot Market? Try These Six Strategies to Succeed
A seller’s market happens when there are more homebuyers than houses for sale. This inevitably leads to more than one person being interested in the same home, and bidding wars will ensue. It is a great scenario for the seller but not so much for the buyer. High demand drives up housing prices while decimating a buyer’s ability to negotiate.
If you need to buy during a seller’s market, be prepared to miss out on the first—and possibly second and third—house you want. Expect to pay more than the asking price. Expect to go against multiple offers. However, as daunting as this sounds, you can land… Read More
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.