Jeff Cobb's Realty Update ☂️April. 2025, "Broker's Commissions Info"

Subject: Jeff Cobb's Realty Update ☂️April. 2025, "Broker's Commissions Info"

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Jeffrey Cobb

Charles Rutenberg Realty

708-203-0800

Jeff's April 2025, Realty UPDATE

Friend,

VERY IMPORTANT ANNOUNCEMENT:

Significant Changes in how Buyers are Allowed to Work with Realtors in the U.S. & Illinois.

(Screenshot below is from my website's homepage, www.JeffCobbSells.com)

... See more at www.JeffCobbSells.com

Should I Buy a Home Now or Wait?

At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”

National Real Estate News

prime time

The weather is warmer, the trees are green again, and flowers are blooming. If you're feeling inspired to 'turn over a new leaf' yourself, now is the time to be looking at properties! There are many new listings available as the spring selling season gets underway. I'd love to meet up to talk about your housing goals!

Rates calm down

Unprecedented economic uncertainty, including a tariff war and potential GDP contraction, led to 10-year US Treasury yields spiking over the last two weeks. As a result, average 30-year mortgage rates rose from 6.60% to 7.07%. Thankfully, things have calmed a bit since then, with the new "reciprocal" tariffs delayed by 3 months (for every country except China). [Source: Mortgage News Daily]

Tariffs and new homes

The National Association of Homebuilders' overall confidence index rose 1 point to 40 in March (anything less than 50 is bearish), but the future outlook dropped from 47 --> 43, which is the lowest since November 2023. Builders said that 60% of suppliers had already raised prices in anticipation of higher tariffs, with an average increase of 6.3%, adding around $10K to the cost of a new home. [Source: NAHB]

What’s Your House Worth Now? The Answer May Surprise You

Let’s talk about something you might not check nearly as often as your bank account – and that’s how much your home is worth.

While you’ve been going about life, your house has been quietly building your wealth in the background – thanks to rising home prices and every payment you’ve made on your mortgage.

According to the latest data, the average homeowner has around $311K in equity right now. That’s six figures you might be sitting on without even realizing it.

When’s the last time you had a professional show you what your home is actually worth, and how much equity you likely have?

If you’re curious, let me know. I’ll run the numbers so you can see what’s possible.

#HomeEquity #HomeValues #KeepingCurrentMatters

Sellers: With 3D Video, your potential buyers can now safely "virtually" visit your home online before ever "physically" visiting your property. Ask me about it.

Click to see thousands of listings not available on Zillow or Redfin. Zenlist

"ZenList" (a Simple to Use, Powerful Search Tool)

See Private Listings NOT Available on Zillow or RedFin

(NOTE: This is Private between us, too, I'm the only one who sees your info within the "ZenList" program.)

Click Here for access through Jeff. By invitation only. (Yes, you've just been invited.)

Here's a 2-minute video showing this awesome "ZenList" software.

Best, Jeff

ZenList

Jeff's INVITATION ONLY Search App.

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Presently "ZenList" is the ONLY way for the public to see the 10-20% of Chicago-area listings that have PRIVATE listing status on the MLS (THE main database of properties for sale).

Click to View Private* Listings!

*Private listings are properties that are for sale without any public knowledge.

The Fall Guides for Buying or Selling a Home Have Arrived

The fall guides for buying or selling a home have arrived. Let’s connect so you can get the newest digital versions.

Watch Now

Click below to get your complementary digital copies!

Things to Consider When Buying a Home

The process of buying a home can be overwhelming at times, but you don’t need to go through it alone.

You may be wondering if now is a good time to buy a home ... or if interest rates are projected to rise or fall. I put together a free eGuide for you that will answer many of your questions and likely bring up a few things you haven't even thought about yet. Just click the button below to read it now!

Read Your Guide Now

Things to Consider When Selling Your House

It's difficult to know when is the best time to sell, or how to get the most money for your house, but you don't need to go through the process alone.

You may be wondering if prices are projected to rise or fall... or how much competition you may be facing in the market. I put together a free eGuide for you that will answer many of your questions and likely bring up a few things you haven't even thought about yet. Just click the button below to read it now!

Read Your Guide Now