Top Tips for Fall Upkeep-Curb Appeal Still Rules: Chicago North Shore Real Estate

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No matter the season…If your home’s curb appeal makes a great first impression, everyone — including potential Fall 2017 home-buyers — will want to see what’s inside. Your home’s appearance has a psychological effect on anyone that sees it. If the exterior of the house and yard is well-maintained, people enter the home with positive feelings believing the interior will measure up to the standards set outside. If the exterior looks poorly maintained, one may enter the home with a negative mindset, specifically looking for problems.
Check out these simple, low-cost improvements that you can do in a day, a week, or a month.

In a Day: Create perfect symmetry

Symmetry is not only pleasing to the eye, it’s also the simplest to arrange. Symmetrical compositions of light fixtures and front-door accents create welcoming entryways. This door is flanked by two sidelights. The black lantern-style sconces not only safely guide visitors to the door, but also coordinate with the black door and urns.

In a Day: Replace old hardware

House numbers, the entry door lockset, a wall-mounted mailbox, and an overhead light fixture are all elements that can add style and interest to your home’s exterior. If they’re out of date or dingy, your home may not be conveying the aesthetic you think it is. These elements add the most appeal when they function collectively, rather than as mix-and-match pieces. Oiled-bronze finishes suit traditional homes, while brushed nickel suits more contemporary ones.

In a Day: Dress up the front door

Your home’s front entry is the focal point of its curb appeal. Make a statement by giving your front door a blast of color with paint or by installing a custom wood door. Clean off any dirty spots around the knob, and use metal polish on the door fixtures. Your entry should also reflect the home’s interior, so choose a swag or a wreath that reflects your personal style.

In a Day: Do a mailbox makeover

Mailboxes should complement the…MORE

With over 25 years of Chicago North Shore real estate expertise, Gloria Matlin gains pride in making dreams come true for fall 2017 and every other season forthcoming. Her award-winning, client focused service is second to none. With top producing, high-ranking, exceptionally performing results, she provides sound guidance with the use of proven experience and expertise. Confidently look to her and partner Zack Matlin for all things North Shore Chicago real estate related.

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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.

Chicago’s North Shore – School Information at Your Fingertips!

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One very important aspect to North Shore real estate or selecting a home and living on Chicago’s North Shore is the availability/access to world-renowned school districts. When you send your child off to school each day, you want to feel confident that the school is providing your son or daughter with a sound education. Below is a collection of information to help make it easier for you to get critical data, trends, reports, statistics and analysis about your child’s school; taking into account important aspects like how the schools compare with others in the state, how often they test performance and other education indicators. use the Illinois School Profile Search and the Illinois Report Card Search to further examine information like average class size, student body makeup, average ACT scores, teacher experiences and salaries, student academic performance at various grade levels, and a breakdown of how specific school districts disperse funds.

You may also visit www.gloriamatlin.com select community reports to create a comparison review of school districts locally and across the country.

Click the links below to view various Illinois educational institutions that exist within the North Shore communities.

City
Grade Schools
Deerfield

Aptakisic-Tripp School District 102
Deerfield Public Schools District 109

Township High School District 113
Adlai E. Stevenson High School District   125

Evanston

Evanston/Skokie School District   65

Evanston Township High School District   202

Glencoe

Glencoe School District 35

New Trier Township High School District   203

Fort Sheridan /   Highwood

North Shore School District 112

Township High School District   113

Glenview

Northbrook/Glenview School District   30
West Northfield School District   31

Glenview School District 34

Avoca School District 37
East Maine School District 63

New Trier Township High School District   203
Maine High School District 207
Glenbrook High School District   225

Highland   Park

North Shore School District 112

Township High School District   113

Kenilworth

Kenilworth School District 38

New Trier Township High School District   203

Lake Bluff

Lake Bluff Elementary School District   65
Oak Grove School District 68

Lake Forest High School District   115
Community High School District   128

Lake   Forest

Lake Forest School District 67

Lake Forest High School District   115

Northbrook

Northbrook School District 27
Northbrook School District 28
Northbrook/Glenview School District   30
West Northfield School District   31

Glenbrook High School District   225

Northfield

Sunset Ridge School District 29

New Trier Township High School District   203

Skokie

Evanston/Skokie School District   65
Skokie School District 68

Skokie School District 69
Fairview School District 72
East Prairie School District 73
Skokie School District 73.5

Evanston Township High School District   202
Niles Township High School District   219

Wilmette

Avoca School District 37
Wilmette Public School District   39

New Trier Township High School District   203

Winnetka

Winnetka Public School District   36

New Trier Township High School District   203

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North Shore Open House: 1055 Julia Ct., Glencoe 1-3pm 10/16/11

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SUNDAY OPEN HOUSE: 1055 Julia Ct., Glencoe 1-3:00PM 10/16/11.See Virtual Tour HERE!

Top Ways to Refinance Investment Property: Real Estate Market Trends

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Is it possible to refinance a property if you don’t live in it?  

Yes.

But even with mortgage rates as low as they are, for some people, “it just doesn’t make sense” for them to refinance a rental property, or they are being told they can’t refinance an investment property.

How can this be?

In today’s mortgage market, quite a few home loan programs for investment properties are available through Fannie Mae or Freddie Mac — but there are still portfolio lenders offering investment property programs that Fannie Mae and Freddie Mac don’t offer.

Translation: Just because one lender tells you it isn’t possible to refinance your investment property, it doesn’t mean that it isn’t possible.

For those people who have recently heard that it wasn’t possible to refinance their investment property, it is likely that they were given one of two common reasons: MORE

Real Estate Outcomes Sept-Oct2011: Chicago’s North Shore

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MARKET REPORTS & TRENDS

Property Sales

September Property sales were 6, equal to 6 in September of 2010 and -57.1% lower than the  14 sales last month.  September 2011 sales were at their lowest level compared to September of 2010 and 2009.  September YTD sales of 105 are running 32.9% ahead of  last year’s year-to-date sales of 79.

Prices

The Median Sales Price in September was $674,500, down -31.0% from $977,500 in September of 2010 and down -26.7% from $920,000 last month.  The Average Sales Price in September was $1,096,083, up 12.0% from $979,000 in September of 2010 and up 2.6% from $1,068,786 last month.  September 2011 ASP was at highest level compared to September of 2010 and 2009.

Inventory & MSI

The Total Inventory of Properties available for sale as of September was 109, down -14.2% from 127 last month and down -18.0% from 133 in September of last year.  September 2011 Inventory was at the lowest level compared to September of 2010 and 2009.

A comparatively lower MSI (monthly supply inventory) is more beneficial for sellers while a higher MSI is better for buyers.  The September 2011 MSI of 18.2 months was at a mid range compared with September of 2010 and 2009.

Market Time

The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells.  An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market.  The DOM for September was 73, down -27.7% from 101 days last month and down -47.1% from 138 days in September of last year.  The September 2011 DOM was at its lowest level compared with September of 2010 and 2009.

Inventory / New Listings / Sales

‘This last view of the market combines monthly inventory of 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 September 2011 was 16, down -27.3% from 22 last month and down -30.4% from 23 in September of last year.

For More Specific Area Market Analysis Visit: COMMUNITY REPORTS

SEPTEMBER-OCTOBER 2011