Not Your Typical Agent

Jay Caracci
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Not Your Typical Agent Podcast

Jay Caracci is a licensed real estate broker in the State of Illinois. A graduate of DePaul University School of Commerce with a major in marketing, and a concentration in sales leadership. With over 12 years of professional experience, and an extensive sales, negotiating, and marketing background. Jay proudly represent buyers, sellers, and investors in the Chicagoland area, specializing in the North Shore, Northwest Suburbs, and City of Chicago. Jay has tremendous experience working with first time buyers, people relocating in/out of the Chicagoland area, luxury homes, and downsizing families. Jay is a member of Mainstreet Organization of Realtors (MORE,) Illinois Association of Realtors (IAR,) and National Association of Realtors (NAR.) His license is currently being held with HomeSmart Connect LLC, with offices in Arlington Heights, Chicago, and Elgin. Jay’s business portfolio includes Made To Close Digital, North Shore Luxury Real Estate (NSLRE), Reach Millennials, Prime Homes Plus, and Expealty Inc. Disclaimer: The information discussed in this podcast shall not be intended or implied by listener as representation on specific real estate, financial, or legal matters. Each and every real estate matter is unique and you should seek advice from a professional. Content is for entertainment purposes only and the opinions shared should not be intended as representation. Jay Caracci holds an active Real Estate Broker License in the State of Illinois. Royalty Free Music from Bensound, www.Bensound.com

Episodes

  1. 06/03/2023

    Update on The Chicago Bears Move to Arlington Heights

    Jay updates his listeners on the Bears closing on the Arlington Park Race Track and some things he anticipates comes along with the move.

    18 min

  2. 07/02/2023

    A Look Back and Forward To The Market

    Jay shares some of his experience and the experiences of his clients from the last 18 months and gives his ideas on where the market is headed.

    22 min

  3. 26/10/2022

    Is The News Telling The Truth About Real Estate?

    Jay shares his thoughts on how the media may be overblowing the demise of the Housing Market by reviewing the most recent MRED Market Reports.

    23 min

  4. 29/09/2022

    What Is The Fed Doing?

    Jay talks current mortgage rate and how that will impact Home Buyers and Sellers in both the short and longterm.

    14 min

  5. 24/08/2022

    Where Are We Headed Now?

    Jay talks about the state of the housing market and explains why now may be a good time to reenter the world of real estate.

    10 min

  6. 13/07/2022

    Tips For Your Next Open House

    Jay shares tips to help make your next open house a success.

    14 min

  7. 29/06/2022

    Arlington Heights Market Update

    Jay review market statistics from May and explains where things are headed.

    12 min

  8. 15/06/2022

    Simple DIY Home Tip To Save You Thousands

    Jay shares a simple tip to help home owners to help prevent major issues to your home.

    7 min

  9. 08/06/2022

    Boots on The Ground: Market Update

    Jay review April 2022 Statistics and shares what he is seeing in market.

    11 min

  10. 01/06/2022

    The Very First Thing You Need To Do Before Shopping For A Home

    Jay shares the very first thing a buyer should do before beginning the process to purchase a home.

    10 min

  11. 26/05/2022

    Best Way To Handle The Same Day Closing

    Jay shares tips on how Sellers can best handle the same day or double closing, and help facilitate a smooth move.

    15 min

  12. 15/04/2022

    When Are Home Prices Going To Fall?

    With interest rates on the rise, I've been fielding a ton of questions on when we should start to see home prices fall. Looking at housing numbers, projections, and from my experience in market, I don’t believe they will come down for a while. That being said they may begin to stabilize as the year progresses. For perspective, our local markets on average has been hovering around 1.5 months of inventory. That number was around 5 months at the end 2019. 6 months is a balanced market. Low inventory is the primary reason we are seeing so many bidding wars, which is driving prices up. Simply put, the supply isn't meeting the demand. For home prices to begin to fall we need to be at 7-12 months on inventory. Where is that inventory coming from? Even if we have a wave of foreclosures, move-up buyers pull the trigger on bigger homes, and we have a mass rush to downsize, it’s going to take some time to build up inventory to a level where it’s a buyers market and prices fall. IMO, this will take years, not months. Contrary to popular belief, I do not consult a magic ball when sharing my opinion on the real estate market. This is my opinion as a broker. Having lived in this business for the past decade, I've seen all types of markets; buyers, sellers, balanced, and broken. Nobody can predict what is going to happen. You can use numbers, statistics, trends, and experience to evaluate the situation and make an educated guess on what direction the market might be headed. In the meantime, If you are looking to sell now is still a great time. We need inventory! My buyers are eager to move and my sellers are happy to cash out on their built equity. If you are a homeowner and aren't planing a move, you should still see 3-6% annual appreciation even when the market stabilizes.

    9 min
  • 12 Episodes

About

Jay Caracci is a licensed real estate broker in the State of Illinois. A graduate of DePaul University School of Commerce with a major in marketing, and a concentration in sales leadership. With over 12 years of professional experience, and an extensive sales, negotiating, and marketing background. Jay proudly represent buyers, sellers, and investors in the Chicagoland area, specializing in the North Shore, Northwest Suburbs, and City of Chicago. Jay has tremendous experience working with first time buyers, people relocating in/out of the Chicagoland area, luxury homes, and downsizing families. Jay is a member of Mainstreet Organization of Realtors (MORE,) Illinois Association of Realtors (IAR,) and National Association of Realtors (NAR.) His license is currently being held with HomeSmart Connect LLC, with offices in Arlington Heights, Chicago, and Elgin. Jay’s business portfolio includes Made To Close Digital, North Shore Luxury Real Estate (NSLRE), Reach Millennials, Prime Homes Plus, and Expealty Inc. Disclaimer: The information discussed in this podcast shall not be intended or implied by listener as representation on specific real estate, financial, or legal matters. Each and every real estate matter is unique and you should seek advice from a professional. Content is for entertainment purposes only and the opinions shared should not be intended as representation. Jay Caracci holds an active Real Estate Broker License in the State of Illinois. Royalty Free Music from Bensound, www.Bensound.com

Information

  • Creator
    Jay Caracci
  • Years Active
    2018 - 2023
  • Episodes
    12
  • Rating
    Clean
  • Copyright
    © All rights reserved
  • Show Website
    Not Your Typical Agent

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