Thriving Lake Forest Real Estate
Thriving Lake Forest real estate has led to the rise in this Chicago suburb’s popularity as of late. Although Lake Forest once received little to no attention in the real estate world, it is now the “talk of the town” throughout Illinois.
Here’s how uncertain times and changes in preferences have led to the thriving Lake Forest real estate scene.
How COVID Led to Thriving Lake Forest Real Estate
What used to be seen as old and expensive is now seen as something highly desired by potential homeowners who are seeking to find homes away from the crowds and density of most Chicago suburbs. Now, many people are looking for open spaces, larger homes, and places where they can work from home.
Enter the thriving Lake Forest real estate market which has seen an uptick in sales beginning earlier this year when the pandemic first began. More homes sold in the last six months than in the four past years before them, mostly because of the changing interests brought upon by COVID-19 as many things that previously hurt suburban homes are now making them look extremely attractive to homebuyers.
As people began working from home, Lake Forest’s distance from downtown Chicago became less of a problem, closed floor plans became a feature rather than a detractor as people want office space at home, big yards are not a hassle anymore as people seek private open spaces.
Amenities Among Thriving Lake Forest Real Estate
It’s not just the unique market that brought more attention to real estate in Lake Forest; the area also boasts some of the best schools in Chicago and scores an A+ rating for families on Niche.com.
Along with that, Lake Forest is near many favorite spots for recreation. Just to name a few of the most popular recreation locales, Lake Forest features a lakeside location, numerous golf courses, and the Wildlife Discovery Center.
Though extraordinary circumstances have brought the thriving Lake Forest real estate market back in vogue, it is genuinely great amenities and neighborhoods that have made Lake Forest an incredible place to live in the Chicago area.
To learn about our thriving Lake Forest real estate, schedule an appointment with a residential real estate attorney at Lee Scott Perres, P.C.