Top Tips for 2019 Fall Upkeep-Curb Appeal Still Rules: Chicago North Shore Real Estate

Leave a comment

We are now at Compass Real Estate…So Exciting! ….No matter the season or new occasion…If your home’s curb appeal makes a great first impression, everyone — including potential Fall 2019 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 If they’re out of date or dingy, your home may not be conveying the aesthetic you think it is.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 2019 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. Note…We are now at Compass Real Estate, North Shore! We are excited!

Real Estate Outcomes November2013: Chicago’s North Shore

Leave a comment

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.


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.

Glencoe-North Shore Market Trends: Update October-November2013

Leave a comment

Chicago North Shore-Chicago recent housing figures show huge momentum in the start of the fall 2013 market! September Illinois home sales increased 19.8 percent over previous-year levels and median prices rose 12.9 percent, according to the market action data supplied by the Illinois Association of REALTORS®.

Statewide home sales including the Northern Shores of Chicago (including single-family homes and condominiums) in September 2013 totaled 13,018 homes sold, up from 10,866 in September 2012.  It was the strongest September in terms of sales since 2006, when 13,594 homes sold statewide.

The start of autumn confirmed that North Shore home buyers were not daunted by the slight increase in mortgage rates or the federal government shutdown. The Chicago North Shore home sale figures show a robust end of one season and the high probability of an outstanding final quarter for 2013. Within the month of September 2013 on the North Shore, New Listings in the region increased 24%. Listings Under Contract were up 17.1%. Inventory levels shrank 23.4%. There’s increasing evidence that it’s not just first-time home buyers fueling the North Shore real estate market. Move-up buyers are also making their presence known. In addition Some baby-boomers are ready to look for less space. Lastly there’s a fresh crop of buyers entering the market looking to establish roots as newly married and/or starting families. Information provided by the North Shore Barrington Association of Realtors and MRED. See summary images below (click to enlarge):



The monthly average commitment rate for a 30-year, fixed-rate mortgage for the Chicago North Shore-North Central region was 4.50 percent in September 2013, up from 4.44 percent in August, according to the Federal Home Loan Mortgage Corp. In September 2012 it averaged 3.49 percent (click to enlarge):


Fifty-three (53) of 102 Illinois counties reporting to IAR showed year-over-year home sales increases in September 2013. Forty-nine (49) counties showed year-over-year median price increases including Chicago North Shore Cook, up 19 percent.

Sales and price information is generated by Multiple Listing Service closed sales reported by 31 participating Illinois REALTOR® local boards and associations including Midwest Real Estate Data LLC data as of Oct. 7, 2013 for the period Sept. 1 through Sept. 30, 2013, continuing into October 2013. The Chicago PMSA, as defined by the U.S. Census Bureau, includes the counties of Chicago North Shore Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry and Will.

Find Illinois housing stats, data and the University of Illinois REAL forecast at

With over 25 years of top performing, high producing real estate results, Gloria Matlin is the trusted Realtor resource for the North Shore of Chicago. Whether buying your first home, relocating to the North Shore area, or simply wanting more information on the state of the housing market, Gloria provides unparalleled personable service in each of these areas. She is located in the top ranking Coldwell Banker Residential real estate office of Glencoe, Illinois-640 Vernon Ave, 60022.

Signs of a Great Real Estate Investment: North Shore Market Trends

Leave a comment

Investing in Chicago’s North Shore real estate can mean different things to different people. With that said, how can you be sure you are making the right decision? It helps to have an experienced real estate agent who demonstrates he/she has an established pulse on market conditions. Otherwise, below are a few tips that can shed light based on individual preference or circumstance:

A Personal Residence

1. if you are not planning to own on the North Shore for at least five years you will most likely not be getting positive returns on your investment. The longer you own it, the better the chances for appreciation in value and wealth building.

2. a good personal real estate investment is one that will increase your net worth over time. you need to look at how much you are paying in housing expense versus how much that amount would be if you were just renting someone else’s property. So the overall question again is, “Is your wealth going to improve by owning the property?”

As proof positive on this, find someone who has owned real estate for 20, 30, 40 years and ask them what is a good real estate investment? It is generally easy to find them, they are retired, living comfortably, and usually happy to tell you about the properties they bought years ago!

Investment Properties

1. your returns are part cash flows and part appreciation in value. For example, if your property rental income minus expenses produced $250 per month positive ($3,000 per year); and your invested cash equity was say $50,000, that’s a cash on cash return of 6.00% ($3,000/$50,000). And that is a pretty darn good deal in real estate.

2. some investment properties my not be worth a second look! Often, unconventional property such as a boat house or beach front cabana on an island no one can pronounce are ones to stay clear of. Purchase something like that and expect the net rental income to be low compared to the purchase price, usually resulting in  projected negative cash on cash returns. So if you buy a fancy property with negative (4.0%) cash on cash returns, even if it appreciates 2.0% per year, you are typically at a 0.0%, or worse, return on your equity cash investment. And that isn’t a deal most experienced investors would take. Will January or 2012 be your time for real estate investing?

See additional North Shore real estate investment information and investment/mortgage calculators HERE and HERE

Your North Shore Home’s Worth in 2012-Real Estate Trends

Leave a comment

Everyone, even I would like a crystal ball to see into the future. What investments should we look into? Who should we marry? Should we order the cold cuts? Everyone from fortune tellers to mortgage brokers act as though they know—and of course we listen to them. When the North Shore real estate predictions come true, we go back for more insight. When they don’t—well, some of us go back looking for what the future holds and a revised outlook anyway.

Housing prices in the year 2012; based on the findings from the research firm Fiserv,  historical data is weighed against current trends to get a sure bet on which way the markets might jump at one-year increments.

With that said, there has been a recent increase in Chicago’s North Shore mortgage applications, while mortgage delinquencies are expected to decline during 2012. This forecast comes as potential homebuyers become more confident in the nation’s housing market.

National mortgage loan application volume, spiked 12.8 percent in the week ending December 2. Meanwhile, the Refinance Index rose 15.3 percent from the previous week and now makes up 76 percent of total loan applications. Across the board,  it’s estimated that real estate prices will drop before rising by the fourth quarter of 2012. Why is that important? Both homeowners and potential buyers might be better able to make an informed decision about when, and whether, they should move or stay put.

Bottom line, indicators point to hardest-hit markets beginning to see improvement by 2012. An added positive is that mortgage rates continue to hover near historic lows and that 85.5 percent of applications for home purchases were for 30-year fixed-rate mortgages, while 6.8 percent were for 15-year…..More here and here

Real Estate Outcomes November2011: Chicago’s North Shore

Leave a comment

Property Sales

November property real estate sales for Chicago’s North Shore were 8, down -27.3% from 11 in November of 2010 and -33.3% lower than the 12 sales last month. November 2011 sales were at their lowest level compared to November of 2010 and 2009. November YTD sales of 126 are running 26.0% ahead of last year’s year-to-date sales of 100.


The Median Sales Price for Glencoe in November for example, was $993,750, up 52.9% from $650,000 in November of 2010 and up 7.5% from $924,500 last month. The Average Sales Price in November was $1,301,563, up 25.8% from $1,035,005 in November of 2010 and up 28.6% from $1,012,053 last month. November 2011 ASP was at highest level compared to November of 2010 and 2009.

Inventory & MSI

The Total Inventory of Properties available for sale as of November was 96, down -9.4% from 106 last month and down -17.9% from 117 in November of last year. November 2011 North Shore real estate Inventory was at the lowest level compared to November of 2010 and 2009 reports. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for North Shore buyers. The November 2011 MSI of 12.0 months was at a mid range compared with November of 2010 and 2009.

Market Time

The average Days On Market(DOM) shows how many days the average North Shore real estate 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 November was 223, up 99.1% from 112 days last month and up 89.0% from 118 days in November of last year. The November 2011 DOM was at its highest level compared with November 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 Chicago’s North Shore 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 November 2011 was 9, down -57.1% from 21 last month and down -50.0% from 18 in November of last year.

Top Tips to Consider-Buying or Selling a North Shore Home Now?

Leave a comment

First let’s tackle selling your North Shore home. The response to that question is based on what your families’ goals are. If you don’t need or want to move for a few years it might make sense to wait for the housing industry to recover and prices to appreciate. However, if you wish to move within the next six to eighteen months, it is probably better to sell sooner rather than later. Here are 4 reasons why “now” may be best:

1. Distressed Properties Will Impact Prices

Distressed properties (foreclosures and short sales) on the market will increase this fall and winter. This will put tremendous downward pressure on prices for at least the next 12-18 months. Get your home sold before they become your competition.

2. Mortgages Will Become More Difficult to Attain

Lending standards are continuing to tighten. There is legislation currently being considered that will make it even harder for buyers to qualify. Less demand will equate to lower prices.

3. It is the Perfect Time to Move-Up

With prices where they are and interest rates at all time lows, there may have never been a better time to move-up into your dream home.

4. You Get to Move On with Your Life

Probably the most important reason to sell is so you can get on with your life. You are considering selling for a reason. Do not allow a less-than-stellar housing market prevent you from reaching your goals as an individual or as a family…MORE

Last but not least, let’s address buying a North Shore home. Market indicators suggest now is the time to do just that. Some will say realtors highlight this fact to create transactions and commissions. Because of that, listed below are supported quotes from individuals outside of the real estate profession who offer sound financial advice. Take note of the 3 quotes:

1.“It’s an excellent time to buy a house, either to live in for the long term or for investment income…Houses aren’t the magic wealth creators they were made out to be during the bubble. But when prices are low, loans are cheap and plump investment yields are scarce, buyers should jump.” It’s Time to Buy That House-WSJ

2.“The previous declines in house prices and the more recent drop in mortgage rates to record lows have created an unusual situation in which the median monthly mortgage payment is more or less the same as the median rental payment.”

3.“Even with a dismal 1% growth rate over 30 years, a $300,000 property would appreciate well over $100,000 giving the homeowner an additional nest egg for retirement… At a time when retirement is becoming much more challenging, an extra $400,000 (or likely more) can make a major difference not to mention the impact of NOT having to pay a mortgage.  How much less would you have to save for retirement if you didn’t pay the mortgage?” …MORE INFO

In the end, when real estate professionals, a trusted financial newspaper and an iconic financial magazine say that it now makes financial sense to purchase or sell a house, perhaps it is time.

Older Entries