the wasserblawg

by Michael H. Wasserman Steve Schneider I’m not sure how you spent your Memorial Day weekend, but if you are in the market to buy a new home in or around Chicago, you very likely spent much of it out and about looking at new homes. By all accounts real estate activity right now is quite strong despite a limited available inventory of homes to choose from. Buyers seem to be re-energized right now and the effects have been staggering. Most buyers who have contacted me this week have won out or are still engaged in bidding wars over properties they like. Brokers are reporting the clients are back out, looking at 5-10 homes before making offers. Our initial fears of the COVID-19 pandemic seem to be waning. Confidence in our Realtors’ ability to keep us safe and secure in the house hunting process is increasing. We have seen more new contracts come into the office in the past seven days than we had in the preceding three weeks combined. If you are a seller waiting on the sidelin