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April
3

A new report shows that baby boomers are now the biggest group of home buyers in the U.S. This information comes from the National Association of Realtors® (NAR).

According to the NAR's 2025 Home Buyers and Sellers Generational Trends report, baby boomers aged 60 to 78 made up 42% of all home buyers last year. In comparison, millennials dropped to 29% from 38% the year before. Generation X buyers, who are aged 45 to 59, stayed the same at 24%.

Jessica Lautz, the NAR's deputy chief economist, said, "It's surprising that baby boomers have passed millennials to become the top home buyers. Many of them are buying homes with cash instead of loans."

Older buyers are more likely to pay with cash, while younger buyers often need loans and help from family. Over 90% of buyers aged 44 and younger financed their homes. Some younger millennials (ages 26-34) and older millennials (ages 35-44) said they received money from relatives for their down payments.

The re...

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March
6

Selling your home is an important journey, and we're here to guide you every step of the way. With our experience and knowledge of the real estate market, we will help you avoid common pitfalls and ensure a smooth, successful sale.

Here's how we can assist you:

Understanding the Real Estate Market

  1. Market Analysis: We will provide you with a comprehensive market analysis to help you understand current trends in your area. Together, we'll determine if it's a buyer's or seller's market, which will inform our pricing strategy.
  1. Timi...

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January
14

It's never a bad time to update your living space. If your house could use a little freshening up, our real estate agents are here to help. Let's start with just one room: the living room. These quick and easy DIY tips will have your living room looking like new this year.

  • A Fresh Coat of Paint
    Getting all-new furniture is expensive, but applying a fresh coat of paint is equally transformative and much more affordable. For just the cost of a few rollers and a gallon or two of paint, you can have what feels like a brand-new living room. But what color to choose? Much has already been written about the a...

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August
29

Here's a list of apple picking places within an hour's drive of Naperville, Illinois:

  1. All Seasons Orchard (Woodstock, IL) - Approximately 50 minutes away, this orchard offers various apple varieties and family activities. (https://www.allseasonsorchard.com)
  1. Keller's Farmstand (Oswego, IL) - About 30 minutes from Naperville, known for pick-your-own apples and seasonal produce. (https://www.kellersfarmstand.com)
  1. Goebbert's Pumpkin Patch & Apple Orchard (Pingree Grove, IL) - Roughly 45 minutes away, it offers apple picking along with a pumpkin patch and fun activities. (htt...

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August
14

?Understanding Changes in Real Estate Commission: What You Need to Know?
? As the real estate market evolves, so do the ways commissions are structured. If you're thinking about buying or selling a home, it's important to stay informed about these changes. Here's a quick video breakdown of how commission will work starting August 17th, 2024!
? What's Changing?
Traditionally, real estate commissions were pretty straightforward—a percentage of the home's sale price, typically paid by the seller. However, recent shifts in the industry mean that commissions are becoming more flexible, and both buyers and sellers may now have a say in how these fees are negotiated.
? Why Is This Important?
These changes are designed to make the process more transparent and give both buyers and sellers more control over their costs. It's all about ensuring that the value you receive aligns with your specific needs.
If you're curious about how these changes might affect you or have any questions, don't hesitate to reach out! We are here to help you navigate these new waters and ensure you get the best possible outcome. ??
Team Elite 630-286-9777 (Call or Text)

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