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Real Estate With Jake | July Newsletter

Real Estate With Jake

Buy | Sell | Rent | Invest


Hello, July!

July is a sizzling hot month for real estate, buzzing with excitement and patriotic flair! With fireworks still sparkling in the sky from Independence Day celebrations, the property market is just as electrifying. Families are out in full force, eager to find their dream homes before the new school year, while sellers are sprucing up their listings to attract enthusiastic buyers. It's a time of open houses and neighborhood barbecues, where the American dream of homeownership feels more vibrant than ever. 

Whether you're hunting for that perfect city loft or a cozy suburban nest, July offers a star-spangled mix of opportunities and fun in the real estate world.


Market Updates


Save Your Energy

Celebrate sustainably this Fourth of July!

Traditional fireworks can be harmful to the environment. Consider eco-friendly alternatives such as laser light shows, biodegradable confetti, or attending community events that prioritize sustainability. If you do use fireworks, clean up debris immediately to prevent pollution in your neighborhood.


Real Estate in the News

1/3 of Single-Family Homes For Sale are Newly Built. Here's what Buyers Need to Know:

“It doesn’t mean necessarily that new construction has ramped up,” said Robert Dietz, chief economist of the National Association of Home Builders. Homebuilders are still constructing about 1 million single-family homes a year, he said.

“What’s happened is that the level of resale inventory has shrunk,” Dietz said.

Courtesy of CNBC


Local Happenings

July 4th 
Independence Day Salute

Prepare for an extraordinary experience at Jay Pritzker Pavilion. Join us for a mesmerizing Classical event that promises to redefine your expectations. From captivating presentations to interactive showcases, this concert is designed to leave you inspired and amazed.

July 11th - 14th
Windy City Smokeout

Join the nation's best country music & BBQ festival, returning July 11-14, 2024. Featuring Thomas Rhett, Parker McCollum, Cody Johnson, Carrie Underwood and more!

July 16 - end of the month
Millennium Park Summer Film Series

Bring the family to the Millennium Park Summer Film Series on Tuesdays from July 16 through August 20. Films start at 6:30pm (with the exception of the double feature starting at 6pm).


Lifestyle Tips and Tricks

The Hottest Summer Ever Is Coming: What Extreme Heat Can Do to Your Home - And How to Prevent the Damage

The Realtor.com® 2024 climate risk study found that nearly a third of all homes in the U.S. are located in areas that are prone to extreme heat exposure.

Courtesy of Realtor.com

Common Seller and Buyer Mistakes

Buying and selling real estate is littered with costly obstacles, but you can steer clear of many of them.

Courtesy of U.S. News

Houzz Emerging Summer Design Trends Reports Reveals What's Hot

Houzz has released its Emerging Summer Design Trends Report, which includes organic modern style, reading rooms, Japanese influence, and more!

Courtesy of Forbes

America's Top 10 Buyer's Markets

Where you can still land a bargain below the asking price

Courtesy of Realtor.com


Featured Listings

950 West Erie Street, Unit 601
2 BD   2 BA   1600 SF   $570,000

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