Top 8 Reasons to Buy or Sell in Winter 2018-North Shore Real Estate Trends

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Chances are, 2018 buyers looking for a Chicago North Shore home during the late fall into winter season are serious about buying and not simply shopping around. Showing off some of the home’s finer features isn’t easily covered in a potential blanket of snow, but there are a number of things sellers can do to attract buyers:

 1. Less competition. In the winter season, there are fewer homes on the market, so your home will have less competition. Encourage buyers by offering attractive pricing and incentives.

2. Interior focus. Providing photographs from the summer months is important, but now is the time to highlight the inside of your home. North Shore realtors know, furnished homes and those that are organized have more appeal, so make sure the beds are made, the furniture is well placed, and the countertops and closets are clear of any clutter.

3. Exterior demands. Snow can alter the look of the overall property. Shovel and de-ice all paths and doorways. The driveway should be plowed, along with the sidewalks. Make sure that all outside lights and doorbells work. Consider more lights that could be installed to effectively highlight the best areas of the house.

4. Winter warmth. The colder months can create times at home enjoying family. You can stage your home to showcase winter warmth with such sights and smells as crackling fires, scented candles and eye-catching, but tasteful wreaths to appeal to buyers and make them feel like your home could be their own. The key–don’t overdo it though!

 FOR BUYERS

1. Lenders also usually have fewer loans to process and less paperwork to deal with (though this can change quickly if rates fluctuate). With lenders less hassled, you can expect a smoother process to get approved for a mortgage.

2. Winter may have fewer buyers in the market. Fewer buyers could mean less North Shore real estate property competition.

3. The winter season has fewer units on the market, and sellers tend to need to move from their property. You can use that to your advantage to get a favorable deal.

4. The negatives that turn off both buyers and sellers in winter can create a savvy real estate hunter’s dream. For the clued-in home buyer, such negatives can lead to a real gem of a deal. The motto that could put some serious money in your pocket between now and spring, remember this: Imagine the future, and don’t let winter pull your strings! More INFO

For a view of homes available on the North Shore, or to get market status/housing reports, analysis, trends, or open house lists, feel free to stop by our North Shore Office at 640 Vernon Ave, Glencoe, Illinois.  Gloria Matlin works out of one of the Chicago North Shore’s top-ranked realtor offices. Son/partner Zack Matlin, works both in suburban and Chicago area Coldwell Banker locations. 847-835-0236 or direct at 847-835-6058

www.gloriamatlin.com

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!

 

Preparing Your Home to Sell This Summer 2018-North Shore Chicago Real Estate

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While several Chicago North Shore homes may be sold each week, the process may not be as easy for sellers as it was five or 10 years ago. Surviving in today’s real estate world requires experience and training in such fields as online real estate marketing, relocation savvy, financing options, negotiating and closing, the very expertise available from local North Shore-Chicago real estate professionals. Millions of existing homes are sold each year and, while each transaction is different, every owner wants the same thing: the best possible deal with the least amount of hassle and aggravation.

Are You Ready?Sold

The home-selling process typically starts several months before a property is made available for sale. It’s necessary to look at a home through the eyes of a prospective buyer and determine what needs to be cleaned, painted, repaired and tossed out.
Ask yourself: If you were buying this home, what would you want to see? The goal is to show a home that looks good, maximizes space and attracts as many buyers as possible.

When Should You Sell?

As with several locations across the country, the North Shore Chicago marketplace tends to be active in the summer because parents and/or young adults want to enroll in classes at the beginning of the school year (usually in August). Summer is also typically when most homes are likely to be available.
Generally speaking, markets tend to have some balance between buyers and sellers year-round. For example, a given North Shore community may have fewer buyers in late December, but it’s also likely to have fewer homes available for purchase. As a result, home prices tend to rise or fall due to general patterns of supply and demand, rather than the time of year. Look to a skilled, North Shore Real Estate professional can be a sound decision to assess local real estate market activity and trends.

From providing an in-depth view of luxury North Shore-Chicago real estate markets in 2018, to examining and providing an accurate seasonal gauge on North Shore’s rental trends; Gloria Matlin along with partner Zack Matlin continues to be North Suburban real estate experts with an unparalleled record of top producing, high-ranking accomplishments that span 25+ years. Her keen awareness of the Northern Shore communities and his extensive marketing, as well as mortgage consulting knowledge, are what makes Gloria and Zack Matlin an elite high performing team with a sincere and personalized style they offer each and every client. Gloria Matlin and Zack Matlin educate, tenaciously perform and make Chicago North Shore real estate dreams a pleasant reality! More info HERE

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.

 

 

House of The Week!…..#Glencoe #Chicago

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House of The Week!…..#Glencoe #Chicagorealestate #NorthShoreChicago #ChicagoNorthShore #Chicagoluxury: http://ht.ly/W0bjG

 

Spring into Summer with an Elegant English Manor-Kenilworth Real Estate

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The carefully chosen amenities bring the “old world” charm to a new level of luxury!  This Exquisite East Kenilworth, Illinois English manor has elegant design and craftsmanship throughout. A Generous living room with French Doors that lead to a music room. The Stunning gourmet kitchen with separate breakfast room, or Sumptuous master suite on 2nd level, in addition a Magnificent private terraced back yard with 2 separate blue-stone patios, as well as a three car heated garage. Click the image below for additional details:

74 Tudor Place-Listinginfo

Presenting 74 Tudor Place in Kenilworth (Click the image for details)

Real Estate Outcomes December2014: Chicago’s North Shore

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If you’re considering buying or selling your North Shore-Chicago home in 2015, you should know that a lot has probably changed in the real estate market since you last sold or considered buying. Knowing what works today — and resolving to put the tips and advice of the past year to rest — can help you sell your home quickly and for top dollar and/or purchase the perfect place to call home. Use the guide below to get the most up-to-date information on a prefered local market or contact a trusted Chicago-North Shore real estate resource to get you on the right track:

Monthly Market Update (Click to Play)

Monthly Market Update (Click to Play)

With over 25 years of exemplary, award-winning, top performing, high-ranking real estate experience, Gloria Matlin is a proven Chicago-North Shore real estate resource.  Her marketing savvy, extensive community insight, friendly demeanor, tenacious yet graceful style, as well as a keen attention to client contentment, sustain her standing as the North Shore’s consummate real estate professional.

 

Glencoe-North Shore Market Trends: Update September-October2014

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Ongoing Chicago North Shore real estate gains that give traction to the start of Autumn, as August 2014 rounded out a hot summer market with trends that were consistent for this year thus far. In short North Shore-Chicago buyers are eager to purchase, despite fewer homes in some North Shore markets. A shorter timeframe in the completion of sales, flourishing medium home prices, and attractive rates cater to both seller and buyer interests. New Listings in the North Shore-Barrington region increased 9.5%. Listings Under Contract were up 1.6%  to 700. Inventory levels rose 14.5%.  Prices continued to gain ground. The Median Sales Price increased 13.1%. Market Times were down 11.6%  to 84 days. More information HERE and HERE

1580 Sherwood-JustListed

1580 Sherwood Road in Highland Park. Click the image for more info.

Look to Gloria Matlin this fall for optimal service, as well as a sincere appreciation for helping each and every one of her clients realize their North Shore real estate dreams.  For over 25 years, Gloria has been a top-tier real estate professional, providing high-ranking performance results and dedicated client attention. From savvy real estate market analysis, to a well-rounded approach to marketing, Gloria Matlin is the ideal Realtor you want representing/guiding you through one of the most important transactions in a lifetime. Gloria is located at the top producing Coldwell Banker Residential Real Estate office of Glencoe, Illinois-640 Vernon Ave, 60022.

Glencoe-North Shore Market Trends: Update August-September2014

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SurgeThe real estate surge continues on Chicago’s North Shore…. Illinois home prices rose again in July leading into August and September of 2014, marking nearly two years of annual gains; according to recent market action reporting from the Illinois Association of REALTORS®.

The statewide median price in July was up 7.2 percent from July 2013. On the North Shore of Chicago, buyers appear to be taking advantage of enticing market trends. The steady flow of real estate purchase appeal appears to be forcing prices higher, a market development seen through much of this year. Activity is picking up in the upper price tiers. Rents continue to climb in most metros. And interest rates are generally lower than a year ago. Prices forged onward. The Median Sales Price increased 1.5 percent to Market Times were down 27.8 percent to 81 days. The average time it takes to sell a home continues to decline. In July, it took 65 days on average to sell a home in the state, down 9.7 percent from 72 days last year. The average time to sell a home in the Chicago and Northern Shores area hovered around 50 days in July, and 43 days in the city of Chicago.

The monthly average commitment rate for a 30-year, fixed-rate mortgage for the North Central-North Shore region was 4.11 percent in July 2014, down from 4.17 percent in June, according to the Federal Home Loan Mortgage Corp. In July 2013 it averaged 4.35 percent.

An additional note as fall approaches.. Inventory remains relatively low. Now is an ideal time for sellers to re-evaluate their own long-term real estate plans and consider preparing their home for a fall sale. Interest rates remain historically low, and buyers are still enthusiastically pursing properties in several North Shore-Chicago markets.

Thirty-three (33) of 102 counties in Illinois showed annual home sales increases in July 2014. Fifty-six (56) counties showed year-over-year median price increases including North Shore Cook, up 7.7 percent.

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 Aug. 7, 2014 for the period July 1 through July 31, 2014 and into August as well as September. 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.

Find Illinois housing stats, data and the University of Illinois REAL forecast atwww.illinoisrealtor.org/marketstats.

Optimal North Shore customer service, integrity, high-ranking market knowledge, communication and negotiation skills, closing preparation, helping individuals find the right home, marketing the home being sold, and overall satisfaction, all the areas Gloria Matlin strives in, and has continued to do for over 25 years. Let this seasoned real estate professional assist you this fall with buying, selling, relocation assistance, investing, or simply to inquire and find out more information. She is located at Coldwell Banker’s premier, top performing residential real estate office – 640 Vernon Avenue, Glencoe, Illinois, 60022.

Why Buying a Home NOW Makes Sense-Chicago North Shore Real Estate

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Interest rates are low, employment is rising, home prices—in most markets—are still well below their peaks, and rents are on the upward climb. Buying a house is a highly individual decision—and a local one—but current trends are creating a favorable situation for many would-be North Shore Chicago homeowners.Now-later

Every family and each individual has various factors affecting the ability and the decision to buy a home. See reasons below that help support why it might make sense to buy a house, right now.

  1. Interest Rates Are Still Low
    Mortgage interest rates are still low—for now. A 30-year-fixed-rate loan now averages 4.16%, according to Freddie Mac, but many economists believe we will see 5% rates next year. As interest rates increase, so do your monthly payments.
  2. Home Prices Are Going Up
    The median price of an existing home was 4.3% higher than June 2013. That’s the 28th consecutive month of year-over-year price gains, and economists expect that trend to continue. However, we are still at least 20% off the peak prices of 2006. Bottom line, home prices are on the rise.

**Important Tip to Remember:  You might get lucky one or two times, but overall, timing the market does not work. It all points to purchasing power, and that’s a reflection of price and interest rates, which will both be higher in the future….No time like the present. More information HERE.

Experience, grace, tenacity, top-tier performer, high-ranking results, client focused, trusted resource, 25+ years of Chicago-North Shore community insight, marketing savvy, technology savvy…A few words and phrases to describe real estate professional Gloria Matlin. For an online introduction and feedback from her clients visit HERE and HERE.

 

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