March 2024 WSP Newsletter

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Wenzel Select Properties Newsletter-Vol 14 Issue 3
(630) 430-4790


If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season.  CLICK HERE

Happy St. Patrick’s Day!



National Home Sales Fall as Prices Continue to Rise


Existing-home sales dropped in December 2023, according to the National Association of Realtors (NAR). However, the decline wasn’t consistent across the country, with sales down in the Midwest and South, up in the West, and unchanged from the month before in the Northeast. Every sales region recorded year-over-year sales decreases, with nationwide sales of 4.09 million units reaching the lowest level recorded since 1995. Yet despite the drop in sales, median prices increased.

Expert Insights into the Market
Experts predict that the sales declines in 2023 will represent the bottom of the market, with higher sales anticipated in the coming months… Read More

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Featured Testimonial

by Jonathan & Kristin


Lisa helped us with our search for over 2 years. She was very patient and we never felt rushed or pushed to make a decision on the multiple homes we went through. When we finally found our home, Lisa was determined to make sure we would get the house. The house had multiple offers and Lisa worked very diligently to make sure our bid was accepted. With her persistence our bid was accepted. Thank you to Lisa and her team for all the hard work to help us find the perfect place for us to call home.



February Happenings 


Congratulations to
on sale of her property!


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


When It Comes to Selling, Curb Appeal Should Be a Priority


The interior of your home can be stunning, but if the exterior isn’t impressive, you will shut down buyers before they even enter the house. Curb appeal—the attractiveness of your home when viewed from the curb—makes a significant difference to homebuyers. Here are four reasons why it’s so important:

Online Presentation
In today’s real estate landscape, potential homebuyers get their first impression of a home from online… Read More

Top Trends in Bathroom Renovations for 2024


Bathroom renovations are increasingly important for homeowners looking to improve their living spaces. A recent Houzz survey with 1,921 U.S. homeowners offers insights into evolving trends, outlining key findings shaping current bathroom renovation preferences.

The Rise of Spacious Bathrooms
One of the standout trends is the increasing size of primary bathrooms. Approximately 22% of homeowners choose to expand their primary bathroom footprint during renovations. The most common areas tapped for additional square footage include closets (44%), bedrooms (24%)… Read More

Three Reasons Experts Are Optimistic About the 2024 Housing Market


Despite the challenges faced in 2023, experts are optimistic that the 2024 housing market is poised for a comeback. Here are the three most compelling reasons this could be a promising year for the real estate market:

1. Anticipated Surge in Housing Inventory
Experts are optimistic due to the anticipated rise in housing inventory. The challenges of limited available… Read More

Featured Listings

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

4633 Saratoga Ave. Downers Grove, IL
2 bed, 2 bath, office, finished basement

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

505 Redondo Dr. Unit 512 Downers Grove, IL
2 bed, 1 bath, elevator building, heated garage
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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