February 2024 Real Estate Newsletter by The Burhop Group

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210 W. Northwest Highway Arlington Heights, Illinois 60004

INSIDE: Featured listings, market & design

news, fun local events and more!

WE’D LOVE TO CONNECT!

If you need help figuring out next steps to make a move or need contacts to complete a project, help a parent, or even a place to donate items during your spring cleaning—we love answering questions and helping to make connections. Call us today to get started at 847.275.0277. FEBRUARY 2024 NEWSLETTER / THEBURHOPGROUP.COM

Shaunna Burhop of The Burhop Group.

HOME HEALTH:

Keeping your home safe

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Checking the levels of radon in your home can be life-saving. Text or email us the word “Radon” with your name and address by 2/29 and you will be entered to win a free professional radon test.

OST PEOPLE ARE UNAWARE OF THE RADON LEVELS in their home until a buyer performs a test during the sale process. Testing is easy and low-cost—and it could save your life. You can’t see or smell radon gas, but it’s dangerous. Breathing in high levels of radon can raise your risk of lung cancer, but it’s easy to fix once you know you have a problem. There’s always some radon in the air around us as it comes naturally from rocks and dirt in the ground. The problem is when radon gas from underneath a foundation leaks in through cracks or gaps; too much of it can cause a build-up inside your home. When you breathe it in, particles can get trapped in your lungs, and over time can cause lung cancer. The more contact you have with radon gas, the greater your risk: one in fifteen homes have high radon levels, and it’s the second leading cause of lung cancer deaths in the U.S., causing about 21,000 deaths each year.* If you are concerned about the levels in your home, call us today for advice on the best sources of information and testing. n — Shaunna Burhop *Source: cdc.gov

Northwest Suburbs Market Update

Local Events

Detached, Single Family

Attached, Condos + Townhomes

• Median Sales Price: $415,000 +8.9%

• Median Sales Price: $250,000 +9.4%

• Average Days on Market: 44 -26.7%

• Average Days on Market: 37 +2.8%

• New Listings: 226 -38.3%

• New Listings: 222 -10.1%

• Homes Under Contract: 222 -23.2%

• Homes Under Contract: 230 +13.3%

• Absorption Rate: 79.9%

• Absorption Rate: 132.9%

MARCH 2: PURPLE PLUNGE CANCER CHARITY EVENT Jump in and take the plunge into icy-cold Lake Zurich to help raise funds, increase awareness, and provide aid and support for cancer survivors, their families, and caregivers in our community. To register: secure. qgiv.com/event/2024purpleplunge n

*Statistics January 2024 v. 2023; (+) or (-) indicates change between the month of January 2024 compared to January 2023. Figures from MRED LLC. Info Sparks.

FOLLOW SHAUNNABURHOPREALESTATE ON INSTAGRAM FOR MORE NEWS & EVENTS!


<< LEARN MORE IN 2024! Shaunna and Tracy will be hosting a series of talks spotlighting subjects we feel benefit our clients in a variety of ways. Each will feature a trusted professional with deep knowledge and resources. We want to help you plan ahead!

COMMUNITY CONNECTIONS:

Our Spotlight Series Talks

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ART OF THE MISSION OF THE BURHOP GROUP is our commitment to providing initiatives, programs, and events that impact our communities. We love connecting our clients and friends to the resources and professional advice they need to achieve their goals—and our Spotlight Series does just that with informative talks and workshops throughout the year. Take a look at the offerings below and please email or text us with the subject “Spotlight Series” and let us know which talk you would be interested in attending. We’d love to know in advance which ones will be the most popular, so that we can best plan for attendance. If you have a preference for day, evening, or weekend times that would also be helpful to know:

Navigating the Financial Complexities of Aging ——— Our favorite Care Consultant, Eric Klein, is passionate about empowering seniors and their families to navigate the challenging process of finding and paying for the best possible care. His knowledge of Medicare, Medicaid, and a vast network of senior care facilities is hugely valuable.

LESS IS MORE: Strategies and Solutions for Downsizing ——— Overwhelmed by the thought of downsizing? Wondering if you should sell your home in “as-is” condition or make plans for improvements? Find out what changes offer the highest payback, and learn strategies for downsizing both your home and your possessions. We will also discuss the types of housing available in your desired area—either locally here in the Chicago area or across the country.

“Not-Your-Normal” Talk on Estate Planning ——— Our friends at DKMO Law will answer all types of questions to help participants of any age, starting with “Do I need an Estate Plan, or is a Will enough?” Learn the best way to distribute assets, name the right guardians for your minor children, who is the ideal person to name as executor, what is a Healthcare POA, who should have one, where to keep it, and more. n — S.B.

For more information, please email me at shaunna.burhop@bairdwarner.com.

CALL US FOR A FREE 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. If your property is currently listed, please disregard this solicitation. Information provided is not guaranteed and subject to change and withdrawal without notice.

Featured Homes Call us at 847.275.0277 for more information on these listings, or to set up a custom search just for you!

PREMIER PIONEER PARK LOCATION 412 S. PATTON, ARLINGTON HEIGHTS JUST LISTED: $425,000

GORGEOUS OPEN PLAN CONDO 1327 BROWN ST., #503, DES PLAINES COMING SOON: $339,900

FIXER-UPPER OPPORTUNITY 51 S. KERWOOD, PALATINE COMING SOON: $289,000


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