Your Homes’ Honey-Do List for July 2019

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This summer-2019, let top producing, high ranking, optimally performing real estate professionals, guide you through the sought after North Shore area of Chicago. Gloria Matlin and partner Zack Matlin have been assisting with North

Shore real estate dreams for over 25 years. They pride themselves on being consummate professionals with a stellar reputation for thorough, sincere, friendly, and tenacious service. Located in the award-winning Coldwell Banker residential real estate office of Glencoe Illinois – 640 Vernon Avenue, 60022. more information HERE and HERE

Contact Info:
We proudly serve Chicago, Chicago’s north suburban area including Glencoe, HighlandPark, Winnetka, Wilmette, Kenilworth, Northbrook, Deerfield, Northfield, Lincolnshire, Buffalo Grove, Skokie, Evanston, and Glenview.

 

Tri-Valley Real Estate Buzz

With summer around the corner, the days are getting longer…and so is the honey-do list. To help you out, we’ll be featuring a “Honey-Do List” at the beginning of each month to make sure you stay ahead of those around-the-house projects.

Here is your to-do list for the month of June:

1.  Prep your guest room for summer visitors.  

Summertime means vacation time, which sometimes means you run a bed & breakfast from your spare bedroom. When creating a serene retreat for out-of-town guests, it’s all about the little touches. Stock a bookshelf with great reads, leave a water pitcher and glasses on the nightstand, and add fresh flowers to brighten up the space. An extra blanket and a set of hotel-size toiletries make any visitor feel at home. Want to make sure your house guests don’t extend their stay? Start enlisting their help on the chores on your…

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Summer 2018 Home Buying Benefits – Chicago North Shore Real Estate Experts

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Across the country as well as here on Chicago’s North Shore March through September are the most popular months for buying a house. In the spring and summer, you’ll often find a large selection of homes for sale.

Reasons to Buy a Home in the Summer
Do you have kids in school? If so, you probably want to sell your house and move into a new one before the next school year starts. Moving over the summer lets kids finish the term at their old school, as well as explore the neighborhood and make friends before the first day at their new school.

Be Ready to Close
If you determine that summer is the best time for you to buy, be prepared to make an offer quickly, . Make sure you know your limits: Which home features are must-haves, and what is the most you are willing to spend? Also, keep in mind that even if you’re pre-approved for a loan and are ready to push paper, it may take weeks or a couple months to close on the home. If you want to move in midsummer, you may need to start house-hunting in spring.

To get a glimpse of the properties for sale on Chicago’s North Shore, see the videos and images below or click HERE and HERE for a complete list of details and/or tips.

https://www.yelp.com/biz_photos/gloria-matlin-glencoe?select_biz_video=2EfetbXpsXlayKF4wUARhA

With top producing, top performing sales volume results for over 25 years, Gloria Matlin has been a Chicago North Shore, Illinois real estate expert representing Coldwell Banker’s top ranking Glencoe office. She and partner Zack Matlin, proudly serve North Suburban Winnetka, Wilmette, Highland Park, Kenilworth, Northbrook, Deerfield, Northfield, Lincolnshire, Buffalo Grove, Glenview, Skokie and Glencoe communities. As a seasoned North Shore Realtor, she is a trusted resource, and maintains national top 1% performance success with grace and tenacity. Look to her and Zack for all things real estate on the North Shore of Chicago this summer season, 2018!

 

Experts Not Worried About Rising Rates – North Shore Real Estate Trends

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Mortgage rates would have to be higher than 6% to discourage prospective fall and even winter home-buyers from

FiveStar-GloriaMatlin-2buying a home. While the jury is still out on what the Federal Reserve is going to do about the Fed Funds rate increase, there is certainty that it will happen at some point in the near future. The lack of consensus stems from mixed signals coming from various components of the economy and the financial situation abroad. The good new is:

How Higher Mortgage Interest Rates Will Impact the Housing Market?

When the Feds decide to raise rates, any increase will be nominal and gradual. The anticipation is that the initial increase will be only 25 basis points (e.g., from 3.75% to 4.00%). This is still about 50 basis points lower than the high reached in the summer of 2013 when the Federal Reserve first announced that it would start fading out of its easy monetary policy.

Nonetheless, Americans are well aware of the anticipated mortgage rate increase that’s coming up: 42% of Americans think mortgage interest rates will increase over the next six months, while 20% believe the rates will stay the same. A third (32%) of Americans, and almost 4 in 10 (38%) Millennials, are still unsure about what will happen to the mortgage rates, with Millennials are not as likely as other generation to think that rates will increase at all over the next 6 months.

Falling houses with percent symbol on sky background

How Do Americans Feel About Rising Mortgage Rates?

Interestingly, for Americans who are looking to purchase a home this year, mortgage rates are not the primary concern. Among Americans who would ever buy a home, most worried about being able to get a mortgage and if they could find a home that they would like. Raising mortgage rate is only the third concern, followed by fears that home prices would increase before they buy a home. But, for millennials aged 18-34 years old, simply being able to get a mortgage is the biggest and marginally larger concern than for all Americans in general. Millennials also worry more about finding a home they like and home prices rising before they worry about raising mortgage rates.

Long story short, an increase in rates would not turn people off from buying a home, but it may slightly lower the price range in which they are looking to buy. Also, the impact is quite dependent on the price range in which the prospective buyer is looking to buy. – See more mortgage rate details HERE

2015-November: For a second year, Gloria Matlin has earned the esteemed Five Star Real Estate award for 2015. This honor is one of many that confirms her standing as Chicago North Shore’s  client driven, top performing, highly trusted real estate professional.  On The Go?…Move with Glo this autumn season.

Real Estate Outcomes February2015: Chicago’s North Shore

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Chicago North Shore closing figures in February Property sales were up 16.7% from closing totals in February  of 2014 and 0.8% higher than market action reporting sales last month. February 2015 sales were at their highest level compared to February of 2014 and 2013. February YTD sales are running 4.3% ahead of last year’s year-to-date sales totals. See the video below for a more expanded view of the market in several North Shore Chicago areas.

Real estate on Chicago’s North Shore and across the country is all about location, location, location…with that in mind, provided in the attached image are the facts and information you need for Glencoe and/or any location you choose!

Monthly Market Update (Click to Play)

Monthly Market Update (Click to Play)

Review local market conditions, sales, trends, and more through the detailed yet efficient and easy to understand videos.

2015, March – Spring offers a fresh start! Look to Gloria Matlin with partner Zack Matlin to get the most up-to-date data on buying, selling, investing, or relocating to Chicago’s North Shore this season.  With over 25 years as a trusted real estate resource, Gloria Matlin is the consummate, client centered, savvy real estate expert you want representing you for one of the most important transactions in a lifetime.  Coldwell Banker Residential Real Estate office of Glencoe, Illinois-640 Vernon Avenue, 60022.

When Renting May Be the Better Option? – North Shore, Chicago Real Estate

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14160 Mettawa Woods Drive-RentalJustListed

Executive Rental Just Listed – 14160 Mettawa Woods Dr., Mettawa, Illinois (CLICK THE IMAGE FOR DETAILS)

Life creates lots of options and decisions to make. The choice between buying a home and renting is no different. Buying is considered to be among life’s biggest financial decisions that many make. But the costs of buying are more varied and complicated depending on life circumstances. For example,  needing to  relocate, a job change, or a need for temporary housing may be on the agenda. Below are some of the aspects to consider to further assess options regarding renting:

How Long Do You Plan to Stay?

Buying tends to be better the longer you stay because the upfront fees are spread out over many years.
Maintenance and Fees

Owning a home comes with a surprising variety of expenses that renters do not directly pay.
Rental Now Available in Downtown Evanston, Illinois - 1640 Maple Avenue (CLICK THE IMAGE FOR DETAILS)

Rental Now Available in Downtown Evanston, Illinois – 1640 Maple Avenue (CLICK THE IMAGE FOR DETAILS)

Additional Renting Costs

These are the costs on top of rent, such as the fee you pay to a broker and the opportunity cost on your security deposit. But these expenses typically have a negligible impact. More tips can be found HERE

March 2015 – With North Shore-Chicago sales exceeding well over $300 million dollars, Gloria Matlin, continues to be enthusiastic with each challenge that comes in our constantly changing real estate market. Technology plays a major role in providing exemplary service. Gloria embraces the newest tools and trends, keeping her ahead of the market and client centered 24 hours a day, seven days a week. Feel free to stop into the award-winning, top performing, North Shore residential real estate office of Coldwell Banker, Glencoe – 640 Vernon, Avenue; the office location Gloria has called home for over 25 years.

2015 and Kitchen Design: Three Trends That You Need to Be Aware of Before You Renovate

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For Gloria Matlin 2015 means… a continuation of exemplary, high ranking Chicago North Shore real estate service spanning well over 2 decades, a trusted, top producing resource within the North Shore communities, client centered accolades earned in 2014, 2013, 2012, 2011, 2010 and beyond, a savvy, dedicated real estate professional who stays ahead of the market, as well as helping to make North Shore real estate dreams a reality; just a few factual phrases and successes secured by Gloria Matlin, the consummate North Shore real estate expert.

Pre-Holiday Season Prep-Chicago North Shore Real Estate

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Chicago-North Shore Retailers have already started putting out signage and decorations, leaving us all in a panic that Thanksgiving, Christmas, Hanukkah, and the like are “right around the corner.” The whirlwind holiday season is fast approaching, and the pressure to get started with preparations begins about now? Fortunately, there are some things you can do NOW to lessen the inevitable hustle and bustle of the season….

HomeTip-CB

Out with the old

If you have children, now is the time to determine which toys they’ve outgrown. Clear out those items to make space for incoming gifts. Likewise, if you expect to upgrade any electronic gadgets, now is a good time to start thinking about where you can donate or recycle the old ones.

Address lists

You will start receiving holiday cards in about four weeks. Be ready to send your well wishes out at the same time. Because we don’t send as much mail as we once did, many of us scramble to find an address when we need it. Take time to assemble your addresses in one document. Make sure they are current and think about whom to add or remove from the list. This will give you a reliable count of how many cards and stamps you’ll need. It will also make printing labels or addressing envelopes a breeze.

Create a gift list and budget

Create a list of people for whom you need to buy gifts. This seems like a no-brainer, but writing the names down in one place will help as you start to shop. It will also help you create a budget. Don’t commit to spending an exact dollar amount, but do have a range in mind. And be sure to include the mail and newspaper carriers, the dog walker or the person who cuts your lawn on that list. More information HERE and HERE

Along with providing tips on getting ready for the holiday season, Gloria Matlin has been a sound Chicago-North Shore real estate resource for over 25 years. With top ranking, high performing, optimally producing real estate results no matter the season, Gloria’s market savvy, area insight, and dedicated client centered style; ensure she continues to make North Shore-Chicago real estate dreams a reality! Visit her at her office home base…Coldwell Banker Residential Real Estate office of Glencoe, Illinois-640 Vernon Ave, 60022.

Real Estate Outcomes January2014: Chicago’s North Shore

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NSMarketConditions-Jan-2014Property Sales

Great News!!  North Shore Chicago market action reporting shows January real estate property sales were up 6.7% from totals in January of 2013 and -32.8% lower than sales outcomes last month. January 2014 sales were at their highest level compared to January of 2013 and 2012. January YTD sales volume figures are running 6.7% ahead of last year’s year-to-date sales of 165.

Prices

The Median North Shore sales Price in January was up 29.8% from sales totals calculated in January of 2013 and up 0.2% from last month. The Average Sales Price in January was up 28.5% from final volume reports in January of 2013 and down -3.9% from last month. January 2014 ASP was at highest level compared to January of 2013 and 2012.

Inventory & MSI

The Total Chicago Northern Shore Inventory of Properties available for sale as of January was down -4.7% compared to last month and down -33.9% from 1,222 in January of last year. January 2014 Inventory was at the lowest level compared to January of 2013 and 2012.

A comparatively lower MSI is more beneficial for North Shore sellers while a higher MSI is better for North Shore buyers. The January 2014 MSI of 4.6 months was at its lowest level compared with January of 2013 and 2012.

Market Time

The average Chicago North Shore real estate Days on Market (DOM) shows how many days the average North Shore Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a North Shore Buyer’s market, a downward trend a move towards more of a North Shore Seller’s market. The DOM for January was up 21.2% from total days last month and down -33.7% from 95 days in January of last year. The January 2014 DOM was at its lowest level compared with January of 2013 and 2012.

Inventory / New Listings / Sales

The summary image above of the market combines monthly inventory of North Shore Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in January 2014 was up 90.2% compared to last month and down -16.9% from totals calculated in January of last year.

Consistently a top producing Realtor, nationally awarded as one of the premier real estate professionals for over 30 years, a high performing Chicago North Shore real estate expert, with an accurate pulse on market conditions/trends; just a few facts that detail the level of service you can expect from Gloria Matlin. A long-time resident of the North Shores of Chicago, she prides herself on providing unparalleled client centered services, and helping each and every client fulfill their North Shore real estate dreams.  Coldwell Banker’s residential real estate office in downtown Glencoe, Illinois is her home base – 640 Vernon Avenue, 60022.

Happy Holidays, Happy New Year-North Shore Chicago

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From our family to yours….

Seasons Greetings-Matlin-2013

COLDWELL BANKER RESIDENTIAL REAL ESTATE

640 Vernon Ave

GLENCOE, ILLINOIS

(847)835-6058

Glo-Logo

 Stay in Touch for 2014!

 

Real Estate Outcomes November2013: Chicago’s North Shore

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Glo-NovResults-2013Property Sales

The year approaches the end with a real estate surge…November Chicago North Shore November YTD sales volume is running 23.7% ahead of last year’s year-to-date sales. Market action reporting figures were down -2.4% compared to figures in November of 2012 and were -20.2% lower than market action report sales figures last month. November 2013 sales were at a mid-level compared to November of 2012 and 2011.

Prices

The Median Chicago North Shore Sales Price in November was up 26.6% from totals in November of 2012 and up 14.5% from North Shore sales results last month. The Average Sales Price in November was up 29.3% compared to November of 2012 and up 10.2% from last month’s North Shore results. November 2013 ASP was at the highest level compared to November of 2012 and 2011.

Selling Price vs Listing Price

The North Shore Selling Price vs Listing Price reveals the average amount that North Shore Sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a North Shore Seller’s market. The November 2013 Selling Price vs List Price of 96.1% was up from 95.8% last month and up from 94.0% in November of last year.

Inventory & MSI

The total Chicago Northern Shore Inventory of Properties available for sale as of November was down -14.8% from totals calculated last month and down -28.2% compared to November of last year. November 2013 Inventory was at the lowest level compared to November of 2012 and 2011.

A comparatively lower MSI is more beneficial for North Shore sellers while a higher MSI is better for North Shore buyers. The November 2013 MSI of 4.4 months was at its lowest level compared with November of 2012 and 2011.

Inventory / New Listings / Sales

The view above of the North Suburban market of Chicago, combines monthly inventory of North Shore properties for sale along with New Listings and Sales totals. The sales driven graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New North Shore Listings in November 2013 was down -31.9% from last month and down -2.9% from market action reporting in November of last year.

Consistently among the top performing Illinois Realtors for the 2nd, and 3rd quarter of 2013, a five star professional award winner -2011, 2012 and 2013, nationally ranking in the top 1% of agents for over 3 decades; Gloria Matlin maintains these accolades with grace, and a sincere approach by making each and every client realize their North Shore real estate dreams.  For more information on these and similar reports feel free to stop by Gloria’s high producing Coldwell Banker Residential Real Estate office- 640 Vernon Ave., in the downtown village district  of Glencoe, Illinois,60022.

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