Real Estate Trends For 2018

Spring is usually a busy time of the year for realtors due to many people looking to relocate or even upgrade their homes. In order to be one of the best realtors, you have to stay on top of the changing markets and trends. With that in mind, here’s a look at the upcoming trends for Northwest Indiana in 2018.

First up, there will be a continued influx of home buyers from Illinois. Many come from the Chicagoland area where taxes and home prices are higher and residents usually have to pay for both the land and the house separately. In Indiana you’ll get more bang for your buck: bigger homes, lower taxes, and cheaper land that is usually included in the home price.

People coming from Chicago are also usually looking to start a family, so that means they’ll look towards the local school systems and quality of life. With areas like Crown Point, Munster, Highland, St. John, and Valparaiso all increasing in land and property value as well as maintaining 4-star school systems, we can expect a rise in Illinois residents to continue this year.

Interestingly enough, there are not a lot of residential homes on the market compared to the current market demand. This offers two things: an increase in new construction in the region and decent returns on homes for those looking to sell. This is what’s referred to as a ‘seller’s market.’

This is where choosing a professional real estate agency such as Century 21 Alliance, Boulder Bay, Realty Executives, or McColly Real Estate comes into play. Choosing the right one will guarantee that when you sell your home, you’ll get the most return on investment possible.

While shows like Fixer Upper are vastly popular, the era of mimicking those featured home buyers may be coming to an end. Most realtors are saying that people are looking for homes that are ready to move into now. Furthermore, they want all the furnishings and appliances to be included.

Lastly, technology is ever present in our lives. Buyers are now looking for a way to integrate their smartphones with their homes. That means controlling appliances remotely and even viewing a home on their phone through social media. When choosing a realtor, social media savviness is a must; thankfully, real estate agencies like Century 21 Alliance, Boulder Bay, Realty Executives or McColly Real Estate have brought their A-game.

To find out more about Century 21 Alliance Group, go to http://www.21alliance.com/

To find out more about Lynda Anderson Boulder Bay Realty Group, go to http://lyndaanderson.gniar.com/

To find out more about Realty Executives, go to https://www.realtyexecutives.com/

To find out more about McColly Real Estate, go to http://www.mccolly.com/