Stop Guessing, Start Selling: Get the Scoop on Your Home’s Equity
If you’re a homeowner in Chicago or the surrounding suburbs, you’ve probably heard the buzz about today’s housing market. With over 82% of U.S. homeowners locked into mortgages with rates under 6% (many even under 4%), it’s no surprise that inventory has been tight. Understandably, many sellers are holding off on making a move.
But here’s the other side of the story: home equity has grown substantially over the past few years. If you’ve owned your home for a while, chances are you’ve built up significant equity- and that could mean a big opportunity.
So, what’s the right move? Should you stay put, refinance, or take the leap and list your home? The answer depends on your unique situation, and the first step to making a smart decision is understanding your current equity position.
Start with a Quick Equity Review
At The Crotty Group, we’re here to help you cut through the noise with a simple, no-pressure equity review. This is a complimentary service where we evaluate your home’s value, discuss recent market trends, and help you understand how much equity you have. Whether you’re considering upgrading, downsizing, or just curious, this information can be a game-changer.
Here’s what you’ll gain from an equity review:
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Clarity on your home’s current market value.
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Insights into the Chicago and suburban real estate trends.
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A clear picture of your financial options, whether it’s selling or refinancing.
Why Now Might Be a Great Time to Sell
Even with higher interest rates, buyers are still actively searching for homes in the Chicago area. The combination of limited inventory and strong demand means your property could stand out in today’s market. Plus, leveraging your equity could allow you to achieve your next big goal- whether that’s moving into a dream home, relocating, or simplifying your life.
No Pressure, Just Facts
We know that deciding to sell your home is a big decision, and it’s not one to take lightly. That’s why we focus on providing you with the facts so you can make an informed choice. Our team at The Crotty Group specializes in Chicago and its suburbs, so we understand the local market inside and out.
Ready to explore your options? Message us today for a free consultation. No pressure, no strings attached- just an honest conversation about what’s possible. Let’s make sure you’re ready to make a smart move when the time is right.
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