The Tech Boom – What it Means for You!

Is Chicago the next Silicon Valley? It may be a little too early to call. But the recent tech boom has been hard to miss. Google. Groupon. Yelp. Uber.  LinkedIn. Everyone’s been moving into the city to claim their piece of the pie. But what does that mean for Chicago real estate? In a nutshell – act now.

For Sellers

Today is your lucky day. The best part of selling to companies (and employees) with stupid amounts of money is being able to charge stupid amounts for your property. There are bound to be some employees relocated to the Chicago area. These are the big dogs – the ones valuable enough to move. They will likely be willing to drop some major cheese on the right property. Along with the relocations, a number of Chicago’s finest nerds will be moving into new apartments (and out of their mothers’ basements). They’ll likely be moving closer to work or as a result of the Scrooge McDuck levels of money now sitting pretty in their bank accounts. Whatever the reason, it’s your cue to to position your property to sell.


So what does it take to profit off Chicago’s tech boom? You have to be smart. Take great photos. Stage your property like a Broadway play during Tony’s season. And above all – find a realtor that can get you in front of the right people. Eric Booth Realty Group is helping sellers connect with big-budget buyers and list their properties accordingly. Call us today to get the ball rolling.

For Buyers

So, buyers… If you read any of the above text, take a few deep breaths and try not to get mad. Are you mad. Please don’t be mad. Yes, with new affluent buyers on the market and new tech giants on the prowl for office space, property prices are bound to go up. Lucky for you, these changes won’t happen overnight. This means the race is on for you to find the home, condo, or office space of your dreams before sellers get wise to the changing market.


This is also your opportunity to profit from an income property. Find a home, apartment, or condo now and rent/sell once property values go up. Eric Booth Realty Group can help you find the property that’s right for you. Whether that’s a house, condo, apartment, office space, or income property, we’re here for you. So what are you waiting for? Contact Eric Booth today!



Recommended Posts

Leave a Comment