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 If they’re out of date or dingy, your home may not be conveying the aesthetic you think it is.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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Home Staging During the Holidays: Chicago-North Shore Real Estate

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Don’t let the thought of selling your North Shore home during the winter months dampen your holiday spirit. Create a festive, buyer-friendly environment with these 7 seasonal staging must do’s.

1. Before you start untangling your tinsel, make sure your holiday collection matches your current indoor decor.

2. Too many trimmings can be distracting, but the right accessories can draw attention to your home’s best features. As an example, try hanging a few (no more than five) tasteful ornaments from your mantel to highlight an elegant fireplace.

3. Go light on the lights outside…Leave the giant inflatable snowman in storage this year. One man’s “merry” is another man’s “tacky,” so tone down any over the top light displays.

4.  If you decide on adding a tree make sure the wide base won’t overwhelm the floor space.

5. Crank up the Heat! Cold temps present the perfect opportunity to create an inviting environment for potential home-buyers. Buyers will be grateful for a place to escape from the cold.

6.Offer accessible tasty treats..this is a great way to get buyers to stick around and check out your home.

7. The less-is-more mantra of home staging may tempt you to go without holiday cheer this year. But a few subtle touches like a pine cone centerpiece,  or even an evergreen wreath can add warmth anyone will notice as soon as they come through the door….CONTINUED

Gloria Matlin and team member Zack Matlin pride themselves on being top real estate resources; with Gloria’s experience with everything North Shore Real Estate for over 25 years.  Market trends, reports, lists of homes for sale, homes for rent, and general North Shore housing information is available 24/7 at  www.gloriamatlin.com or www.coldwellbankeronline.com. You may also stop into the highly awarded Coldwell Banker Residential Real Estate office where Gloria Matlin calls home base – 640 Vernon Ave, Glencoe, IL; for additional assistance/guidance.

 

 

Glencoe-North Shore Market Trends: Update July-August2014

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North Shore Chicago experiences a real estate summer surge, just in time for August 2014 — Home prices continued to climb and marked the 22nd consecutive month of annual increases, according to recent market action reporting from the Illinois Association of REALTORS®. Illinois home sales reversed course in June with statewide home sales experiencing a slight year-over-year gain for the first time this year.

Within the Chicago North Shore region and throughout the state, home sales are thriving; a concrete sign of a strengthening real estate market.  Inventory is rising in several North Shore areas. Activity is picking up in the upper price tiers. Rents continue to climb in most metros. And interest rates are overall lower than a year ago. New Listings in the North Shore-Barrington region increased 21.0% to 1,522. Inventory levels rose 9.1 percent to 3,479 units. The Median Sales Price increased 1.5%. Market Times were down 27.8% percent to 81 days. The uptick in demand continues to challenge home supply. North Shore buyers are finding the home they want and in a shorter amount of time. Both Seller as well as buyer are in strong positions this summer season. Information provided and supported by Midwest Real Estate Data LLC and The North Shore-Barrington Association of Realtors (Click to Enlarge): 

July-August-MarketUpdate2014

The monthly average commitment rate for a 30-year, fixed-rate mortgage for the North Central – Chicago North Shore region was 4.17 percent in June 2014, down from 4.18 percent in May, according to the Federal Home Loan Mortgage Corp. In June 2013 it averaged 4.09 percent.

According to Geoffrey J.D. Hewings, Director of the Regional Economics Applications Laboratory of the University of Illinois – “The volume of sales over the next three months (July, August and September) is forecast to match those recorded in 2013. In addition, median prices are continuing to climb while the REAL Housing Price Index suggests a slightly more optimistic growth rate when housing characteristics are taken into account,” noted Forty-three (43) of 102 counties in Illinois showed annual home sales increases in June 2014. Fifty-five (55) counties showed year-over-year median price increases including Cook, up 6.7%.

Sales and price information is generated by Multiple Listing Service closed sales reported by 30 participating Illinois REALTOR® local boards and associations including Midwest Real Estate Data LLC data as of July 7, 2014 for the period June 1 through June 30, 2014 and continuing monitoring through August of 2014. The Chicago PMSA, as defined by the U.S. Census Bureau, includes the counties of Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry and Will.

The Illinois Association of REALTORS® is a voluntary trade association whose 41,000 members are engaged in all facets of the real estate industry. Find Illinois housing stats, data and the University of Illinois REAL forecast atwww.illinoisrealtor.org/marketstats.

Real Estate Outcomes April2014: Chicago’s North Shore

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AprilMarketReport-GM-2014Property Sales

Chicago North Shore April Property sales were 285, down -19.0% from market action reporting in in April of 2013 and 32.6% higher than the 215 sales last month. April 2014 North Shore sales were at a mid-level compared to April of 2013 and 2012. April YTD sales totals are running -10.0% behind last year’s year-to-date sales results.

Prices

The Median North Shore Sales Price in April was up 6.2% from North Shore market totals in April of 2013 and down -1.5% from sales volume totals calculated last month. The Average Sales Price in April was up 7.5% from totals generated in April of 2013 and down -4.3% from last month. April 2014 ASP was at highest level compared to April of 2013 and 2012.

Inventory & MSI

The Total Inventory of Chicago North Shore Properties available for sale as of April was up 9.9% from reporting calculated last month and down -11.3% from figures generated in April of last year. April 2014 North Shore Inventory was at the lowest level compared to April 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 April 2014 MSI of 4.4 months was at a mid-range compared with April of 2013 and 2012

Market Time

The average Chicago North Shore 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 April was 61, down -7.6% from 66 days last month and down -17.6% from 74 days in April of last year. The April 2014 DOM was at its lowest level compared with April of 2013 and 2012.

Inventory / New Listings / Sales

The North Shore summary view above of the Chicago North Shore market combines monthly inventory of Properties for sale along with New North Shore Listings and Sales. The graph shows the basic annual seasonality of the market action reporting as well as the relationship between these items. The number of New North Shore Listings in April 2014 was up 17.5% compared to last month and up 1.8% from North Shore real estate volume figures in April of last year.

 

2014 adds another year of high producing, top ranking, and top performing North Shore Chicago real estate experience for Gloria Matlin. For well over 2 decades, Gloria Matlin has been a consummate North Shore real estate resource, with client focused guidance, and top tier service towards making North Shore real estate dreams a reality.  First time buyers, seasoned investors, empty nesters, relocation assistance, new construction, marketing/technology-Gloria Matlin can and has assisted with all these specific or even combined Chicago North Shore real estate aspects.  Contact her or reply to this post for additional details.

Glencoe-North Shore Market Trends: Update April-May2014

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Chicago North Shore Spring has sprung!…. median prices increased 9.7 percent, according to the Illinois Association of REALTORS®, although Illinois home sales decreased 11.6 percent over previous-year levels in March 2014.

On North Shore of Chicago as with several real estate markets across the country housing inventories have seen a decline, as did the number of days a North Shore home is on the market before it sells. Both indicate that buyers are exhibiting a confidence in the North Shore real estate market; a clear indicator that the spring real estate season will likely show moderately higher prices and with tight inventory availability. Specifically, the North Shore–Chicago market data reflects New Listings in the North Shore-Barrington region increased 8.1 percent to 1,180. Inventory levels shrank 12.4 percent to 2,520 units. Prices marched higher. The Median Sales Price increased 9.0 percent. Market Times were down 32.0 percent to 119 days. Information supported and provided by North Shore Barrington Association of Realtors and Midwest Real Estate Data, LLC. (click to enlarge):

AprilNorthShoreMarket-Summary2014

Although interest rates have gone up from their all-time lows, borrowing costs are still remarkably affordable. It’s cheaper to own than to rent in most of the country. The monthly average commitment rate for a 30-year, fixed-rate mortgage for the North Central-Chicago North Shore region was 4.37 percent in March 2014, up from 4.32 percent in February, according to the Federal Home Loan Mortgage Corp. In March 2013 it averaged 3.54 percent. Buyer demand continues to outpace available inventory; Sellers looking to make a move should be jumping off the fence now while buyers are still able to capitalize on attractive interest rates. Thirty-two (32) of 102 counties in Illinois showed annual home sales increases in March 2014. Forty-two (42) counties showed year-over-year median price Northern Shore Cook, up 19.3%.

Sales and price information is generated by Multiple Listing Service closed sales reported by 30 participating Illinois REALTOR® local boards and associations including Midwest Real Estate Data LLC data as of April 7, 2014 for the period March 1 through March 31, 2014 and continuing into May 2014. The Chicago PMSA, as defined by the U.S. Census Bureau, includes the counties of Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry and Will.

The Illinois Association of REALTORS® is a voluntary trade association whose 41,000 members are engaged in all facets of the real estate industry. In addition to serving the professional needs of its members, the Illinois Association of REALTORS® works to protect the rights of private property owners in the state by recommending and promoting legislation to safeguard and advance the interest of real property ownership.Find Illinois housing stats, data and the University of Illinois REAL forecast atwww.illinoisrealtor.org/marketstats.

Now is the time to take advantage of one of the highest producing Chicago North Shore real estate seasons in history. From first time buyers to seasoned real estate investors, this spring, Let a consummate real estate professional be your guide through the magnificent communities of the Northern Shore of Chicago. Gloria Matlin has been client driven, focused, tenacious, top performing, high-ranking Realtor on the North Shore for over 25 years.  She is available to make your Chicago North Shore real estate dreams come true! 640 Vernon Avenue, Glencoe, Illinois, 60022.

Real Estate Outcomes March2014: Chicago’s North Shore

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MarchReport-2014Prices

The Median North Shore Chicago Spring real estate sales price in March was up 25.3% compared to market action reporting totals in March of 2013 and up 4.0% from last month. The Average Sales Price in March was up 20.0% from final totals calculated in March of 2013 and up 15.9% from last month. March 2014 ASP was at highest level compared to March of 2013 and 2012.

Property Sales

March Chicago North Shore property sales were down -12.1% from figures calculated in March of 2013 and 30.4% higher than real estate sales totals last month. March 2014 sales were at their lowest level compared to March of 2013 and 2012. March YTD sales of 560 are running -3.9% behind last year’s year-to-date sales volumes.

Inventory & MSI

The Total North Shore Inventory of Properties available for sale as of March was up 3.3% compared to market action totals last month and down -17.7% from figures produced in March of last year. March 2014 Inventory was at the lowest level compared to March 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 March 2014 MSI of 4.9 months was at its lowest level compared with March of 2013 and 2012.

Market Time

The average Chicago North Shore 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 North Shore Buyer’s market, a downward trend a move towards more of a North Shore Seller’s market. The DOM for March was down -5.9% from 68 days last month and down -40.2% from 107 days in March of last year. The March 2014 DOM was at its lowest level compared with March of 2013 and 2012.

Inventory / New Listings / Sales

The summary view above of the North Shore market combines monthly inventory of Properties for sale along with New North Shore Listings and Sales. The graph shows the basic annual seasonality of the North Shore market as well as the relationship between these items. The number of New Listings in March 2014 was up 23.6% from final market action figures produced last month and up 8.6% from totals in March of last year.

Award winning service, a reputation for top producing, high ranking, sincere and client centered results for over 25 years; Gloria Matlin is the real estate professional that can  make  your Chicago North Shore real estate dreams a reality! Look to her for in-depth detail on this and similar real estate outcomes, forecasts, summaries, comparable reporting, or even basic information on places to go and things to do in or near the North Shore communities of Chicago.  Gloria can be found in the top performing Coldwell Banker Residential Real Estate office-640 Vernon Avenue in downtown Glencoe, Illinois, 60022.

Real Estate Outcomes October2013: Chicago’s North Shore

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Oct-2013North ShoreProperty Sales

North Shore-Chicago October 2013 Property sales were UP 13.8% compared to market action report data released in October of 2012 and -11.6% lower than sales figures calculated last month. October 2013 sales were at their highest level compared to October of 2012 and 2011. October YTD sales are running 26.0% ahead of last year’s year-to-date sales volume totals.

Prices

The Median Northern Shore-Chicago Sales Price in October 2013 was up 14.3% compared to figures in October of 2012 and down -10.3% from last month. The Average North Shore Sales Price in October was up 14.9% from sales totals in October of 2012 and down -5.9% from last month. October 2013 ASP was at highest level compared to October of 2012 and 2011.

Inventory & MSI

The Total Inventory of Chicago-North Shore Properties available for sale as of October was down -10.6% from reporting totals last month and down -27.5% from totals in October of last year. October 2013 Inventory was at the lowest level compared to October 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 October 2013 MSI of 4.0 months was at its lowest level compared with October of 2012 and 2011.

Market Time

The average North Shore 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 October was up 17.9% from 56 days last month down -25.0% compared to October of last year. The October 2013 DOM was at its lowest level compared with October of 2012 and 2011.

Inventory / New Listings / Sales

The North Shore-Chicago 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 October 2013 was down -22.5% from market reporting totals last month and up 4.5% from figures in October of last year.

Consistent producer in the top 1% of agents in the nation. Ranking in the top tier of North Shore Chicago Realtors for over three decades. A relocation expert with a keen sense of marketing, promotion, technology, real estate conditions along with community involvement and area insight. A trusted resource providing the highest level service with tenacity, grace, and a focused /sincere attention to detail. Gloria Matlin embodies these descriptive phrases and more.  She can be found in the high performing Coldwell Banker Residential Real Estate office, 640 Vernon Avenue, Glencoe, Ilinois-60022.

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