Over $155 million sold and over 420 happy homeowners Shaunna Burhop | Baird & Warner Real Estate Broker 210 W. Northwest Highway, Arlington Heights, Illinois 60004 shaunna.burhop@bairdwarner.com
February 2022 Newsletter LOVE WHERE YOU LIVE!
Experts predict a strong first half to the 2022 market. I’ll share what to do (or not to do) to earn maximum value while coordinating a move across town or across the country. I can help with ALL types of real estate—homes, condos, or investment properties—call or text me at 847.275.0277 today.
Market Update NORTHWEST SUBURBS* Detached, Single Family • Median Sales Price: $400,000 +12.4% • Average Days on Market: 56 -28.2% • New Listings: 256 -34.5% • Showings per Listing: 13.7 +41.2% • Homes Under Contract: 309 -16.9% Attached, Condos + Townhomes • Median Sales Price: $200,000 +8.1% • Average Days on Market: 49 -21.0% • New Listings: 309 -17.2% • Showings per Listing: 8.1 +32.8% • Homes Under Contract: 337 0% *Statistics December 2021 v. 2020; (+) or (-) indicates change between the month of December 2021 compared to December 2020; Figures from MRED LLC. Info Sparks and reflect the impact of 2020 Covid restrictions.
Calendar
MARKET TRENDS:
My 2022 market perspective
I
was honored to be quoted in the January edition of Chicago Agent magazine, one of Chicagoland’s leading sources of local news and information for the well-informed residential real estate professional. I was happy to provide my opinion on 2022 market trends and my perspective on how to deal with limited inventory. Here is an excerpt from the full story: “Across the board, in the northwest suburban market, there is one month of inventory,” Burhop said. She blames it on long-term homeowners remaining in their properties. “They want to move, but they’re struggling with, ‘where do I go?’ Twenty-five percent of my sellers last year
Thursday February 24: Don’t miss the Art & Wine fundraiser for the Palatine Township Senior Center. Bid on art created and donated by local artisans and enjoy a flight of wine and appetizers from 4-6pm. Tickets ($25 ea.) and info at ptscc.org.
left for out-of-state [destinations], but they’re
Let’s Get Social!
what’s available in the market, the process of
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struggling with the same thing around the country, particularly the warmer climates, where retirees want to go, hot areas such as Knoxville, Tennessee,” she said. Burhop educates them about finding a home—if they’re looking out of state, she connects them with a solid resource in that area— and how to prepare their house for sale. She also
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puts together a timeline for making it all happen.
Do you have questions about the 2022 market? Let’s set up a time to talk about your goals. I’m also happy to connect you with strong local agents across the country to help if you’re thinking about an out of state move. n
STAGING + SELLING | SEARCHING + INVESTING | RENOVATIONS + DESIGN | RELOCATION + RETIREMENT | SENIOR LIVING + ESTATES
OUR COMMUNITIES:
Have you heard about our LoLo program?
A
MORKES CHOCOLATES
SPUNKY DUNKERS
bout a year ago, Baird & Warner partnered with a company called LoLo (Locals supporting Locals) to offer their agents a unique way to both stay in touch with clients and give back to their communities. LoLo’s mission is to keep the “Local Vibe Alive” in cities across the country by collaborating with independentlyowned businesses, allowing agents the opportunity to send gifts directly from local sources. As an agent, I can subscribe to the service and pay for clients and friends to be on my LoLo list where they periodically receive an electronic certificate for their gift. LoLo takes money from the subscriptions and gives back to the local business the full value of every certificate redeemed. It’s the perfect way for me to support our communities while sharing gratitude with you! Recent examples include a dozen fresh donuts from Spunky Dunkers, gourmet chocolates from Morkes, and a signature quiche from Coco & Blu. If you’d like to be added to my LoLo list, text or email me your name, phone number, and email address and you’ll be enjoying some local goodies soon! #shaunnasupportssmallbusiness n
COCO & BLU
Some of the delicious gifts my clients have enjoyed through the LoLo program, all sourced from local businesses who get the full value of each redeemed gift, at no charge to my clients. It’s a win-win!
AROUND TOWN:
February 2022 Newsletter To view an archive of previous issues and to read my new publication Open House magazine, please visit ISSUU.COM and search for Shaunna Burhop. — PHOTO CREDITS / OPPOSITE PAGE: (headshot on sofa) Something Blue Photography; (headshot in black sweater) Meg Berger
GIVING BACK:
I’m so happy with the results from the first year of my Gifts + Gratitude program! Recipients were surprised and appreciative of the recognition. For 2022 I’m going to put the spotlight on past clients and my referral sources. I’ll put all of their names in a drawing each month and pull out a winner. Then, I’ll let the winner pick someone they are grateful for to receive their own Gratitude gift! It’s the gift that truly keeps on giving! n
If you’ve been longing for the tropics but not ready to travel yet, check out Hala Kahiki Tiki Bar. Opened in 1964 by Rose and Stanley Sacharski, it’s been a Chicagoland favorite for generations. “Hala Kahiki” means pineapple in Hawaiian and the cocktails are true to the name: my daughter Ally’s favorite is the HK Painkiller, available in a pineapple for an over-the-top (and delicious!) experience. 2834 N River Rd, River Grove / chicagotikibar.com n SHAUNNA BURHOP is one of the top agents in the Chicago Northwest Suburbs, and she has consistently been recognized as one of the Top 10 Real Estate Agents in Illinois and also the Top Producing Agent at Baird & Warner NW Suburban. For more information on current listings, or to list your own home, call Shaunna today at 847.275.0277. If your property is currently listed, please disregard this solicitation. Information provided is not guaranteed and subject to change and withdrawal without notice. This newsletter is edited by Shaunna Burhop and designed by Adam Moroschan (adammoroschan.com), all rights reserved.