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Dreamtownrealty's Blog

By Robert Pratt | Broker in Chicago, IL

Chicago Homebuyers: The Season is Upon You

There’s an unspoken rule in the real estate world: the Sunday after the Super Bowl unofficially kicks off the home buying season. As the real estate market begins its spring thaw, many Chicagoans are prepped and ready to take their properties to market, while buyers are hitting the pavement and attending open houses.

Recently, Homefinder.com released data stating that 90% of all homebuyers start their search online. They take an inventory of what’s on the market, they calculate their budget and compile “must have” lists. Needless to say, by the time they’re actually ready to view properties, Chicagoans already know what they want.

So what kind of homes are Chicagoans in the market for? According to Homefinder.com the 2013 breakdown of consumer searches is as follows: 46.5% single-family homes, 39.6% condos, 7.9% townhouse, 3% multifamily home and 3% duplex. These numbers demonstrate that while the rental market in Chicago remains white hot, there is a large percentage of Chicagoans that still desire the American dream of homeownership.

Whether you’ve spent the winter meticulously studying market trends or have simply run a preliminary search in-between Youtube binges and Homeland marathons, one thing is for sure, you’ve come across www.dreamtown.com.

Dream Town Realty is the number one online brokerage for Chicago real estate, with a comprehensive online data base that’s second to none. It’s an invaluable asset to any Chicagoan serious about homeownership.

Featured Properties     

1251 W. Dickens Chicago, IL 60614  (MLS#: 07820667)

·     Nestled in Lincoln Park this contemporary single-family home rests on a 52 x 125 double lot. This home boasts over 2000 square feet of deck space, perfect for entertaining. This 8,000 square foot home has 5 bedrooms, 4 full and 2 half baths, gourmet kitchen, exercise & media room, library and a heated three car garage.  

2223 W. Race Chicago, IL 60622 (MLS#: 07803174)

·     This 4,000 square foot single-family home in Ukranian Village features hardwood floors throughout, honed granite, 25-foot ceilings, subzero appliances, 3 decks, master bath, media room and two car garage.

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