INSIDE:
CHEERS TO 20 YEARS!
Here at The Burhop Group, we value our relationships first and foremost and are always grateful for your support. Watch for more to come (and be sure to follow us on social media) as we celebrate and host Cheers to 20 Years events throughout 2023.
DESIGN TRENDS:
Grandma’s still got it…
THE TERM “COASTAL GRANDMOTHER” was first used on Tik Tok by @lexnicoleta and refers to a relaxed, elevated way of living. It’s all in the details: natural elements like fresh flowers; herbs on the windowsill; an abundance of books and baskets; and comfortable slipcovered furniture all blended together to make your space feel super cozy.
Jane from the Jane-athome.com blog suggests starting with a background of white walls, then adding in window coverings, bedding, and accents in natural fabrics like cotton and linen. Next, layer in some natural elements, including light wood furniture, plenty of baskets, and textured rugs. Finally, accent your spaces with decorative items, throw pillows, and cozy blankets in soft, muted colors of the sea, sand, and sky. She does caution against overdoing it with coastal accents such as signs, ropes, anchors, sea creatures, and nautical motifs. True Coastal Grandma style is more thoughtful, neutral, serene, and elevated versus kitschy.
Want a quick taste? I love the idea of putting cookbooks in a basket like this (at left) to bring a little CG style element into your kitchen. n —
Shaunna Burhop
Photos courtesy Pure Salt Interiors (puresaltinteriors.com)
Northwest Suburbs Market Update Upcoming Events
• Absorption Rate: 192.0%*
FREE BELLINIS AND BLOOMS AT OTTILIA: SAVE THE DATE! We loved this event so much last year, we’re doing it again! With perfect timing the day before Mother’s Day, pop by and make a FREE bouquet for yourself or that special mom in your life. RSVP is requested, text us for all the details: 847.275.0277.
210 W. Northwest Highway Arlington Heights, Illinois 60004
The coastal grandmother aesthetic is based on a calming color palette drawn from nature, utilizing soft neutral tones and textures. A great place to start is serenaandlily.com or mcgeeandco.com.
Featured listings, market & design news, fun local events and more! APRIL 2023 NEWSLETTER / THEBURHOPGROUP.COM Detached, Single Family • Median Sales Price: $420,000 -1.2% • Average Days on Market: 63 -16.0% • New Listings: 509 -37.7% • Homes Under Contract: 440 -30.5% • Absorption Rate: 116.4%* Attached, Condos + Townhomes • Median Sales Price: $240,000 +14.3% • Average Days on Market: 39 -13.3% • New Listings: 363 -39.6% • Homes Under Contract: 338 -32.1%
Statistics March 2023 v. 2022; (+) or (-) indicates change between the month of March 2023 compared to March 2022. Figures from MRED LLC. Info Sparks. *Absorption rate is a good overall metric, it shows the percentage of home inventory sold in the past month.
13 FOLLOW SHAUNNABURHOPREALESTATE ON INSTAGRAM FOR MORE NEWS & EVENTS! MAY
Shaunna Burhop (left) and Tracy Bongiorno of The Burhop Group.
Market Mythbusters
WE’VE HEARD A LOT OF RUMORS LATELY that the market is down, or slow, or it’s a bad time to sell—but we are here to tell you that couldn’t be further from the truth! We understand that might be the case in some areas, but the Northwest Suburban market continues to stay strong. While interest rates have increased, inventory is still low and we have a lot of pent-up demand, which is great for sellers.
One change we are seeing from last year is that buyers are being more selective; not settling for homes without certain amenities, or bypassing homes requiring too many updates (unless they get a discounted price). Most of our listings are receiving multiple offers, especially after being prepared with our recommendations. We are seeing payback of roughly 2–3x your investment on paint and other small-to-moderate staging or other improvement projects.
Overall, prices continue to rise, which means sellers will benefit even more from standing out amongst their competition and buyers will need to think even more strategically about their offers. We can help you do both—and now is the perfect time to start planning. Call us for a free market analysis of your home or buyer consultation today! n —
Shaunna Burhop
Tracy Bongiorno suggested we try Tievoli, a new artisanal pizza bar in Palatine, and it’s now a family fav (even though we’re hard to please between different tastes and food allergies). My father-in-law loved the chopped chicken salad, my husband created a custom pepperoni, and I was super happy I could do a gluten-free crust on the Figeddaboudit. It was delicious! Located at 44 W. Palatine Road; see their full pizza bar and catering menu at www.tievolipizzabar.com. n — S.B.
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CUSTOM VALUE REPORT FOR YOUR HOME.
Whether you are ready to make a move or just want to understand its current value, we’re happy to answer your questions. Call us today at 847.275.0277.
Call us at 847.275.0277 for more information on these listings, or to set up a custom search just for you! AMAZING + MAINTENANCE FREE 1015 RIDGEVIEW, INVERNESS COMING SOON: $889,900 CALL US FOR A FREE
If your property is currently listed, please disregard this solicitation. Information provided is not guaranteed and subject to change and withdrawal without notice. Featured Listings REAL
ESTATE REPORT:
IMPROVE FOR INSTANT EQUITY 306 KENILWORTH, MT. PROSPECT JUST LISTED: $374,900 FRESH + FUN GATHERING SPACES 1928 WAYLAND CT, SCHAUMBURG JUST LISTED: $389,900 Comingsoon!
could
BEFORE AFTER
Here our seller painted the cabinets and walls while we brought in a freestanding island to show
how buyers
live in the space.
After
photo by Meg Berger, VHT Studios
AROUND TOWN // A NEW FAMILY FAVORITE!
The “Figeddaboudit” pizza at Tievoli
