If you’ve been in your home as long as cicadas have been underground, it’s definitely a great time to check your property value. Call us today at 847.275.0277 and we’ll be happy to provide a customized Property Value Review Report and answer any questions. We’re here to help!
YOUR HOME IS A REFLECTION OF YOUR PERSONAL STYLE, and one of the easiest ways to add some personality to your space is through wall art. Whether it’s a large statement piece, a gallery wall, or unique metal or wood sculptures—wall art can make a big difference. When choosing wall art, consider your room’s color palette. Vibrant colors can add energy and life to a room, while muted tones create more of a calm vibe. If you have a lot of neutral furnishings, consider adding a pop of color to brighten it all up. When choosing wall art, don’t be afraid to mix and match different styles and finishes. A collection of framed prints can look amazing alongside a woven wall hanging. Or, a modern abstract painting can create a striking contrast against a vintage tapestry. Items collected from your travels are a great place to start.
Incorporating wall art, vibrant colors, and fabric finishes into your home design can take your space to the next level. It’s all about finding pieces that speak to you— and don’t forget to have some fun! These hand-painted, colorful plaster cicadas (left) could make a timely statement in your home or garden. n — Shaunna Burhop
WALL CRAWLERS: These hand-painted cicadas from mabelleprovence.com will make quite a statement in your home. Each has a metal loop in the back so they can easily be hung on a wall. Source: Coohom.com / Niamh O’Brien
Detached,
• Median Sales Price: $502,250 +14.0%
• Average Days on Market: 30 -6.3%
• New Listings: 674 +9.1%
• Homes Under Contract: 474 +4.2%
• Absorption Rate: 103%
• Median Sales Price: $280,000 +12.0%
• Average Days on Market: 18 -14.3%
• New Listings: 453 +7.6%
• Homes Under Contract: 368 +9.5%
• Absorption Rate: 129%
JULY IT’S TIME FOR BAIRD & WARNER’S 17TH ANNUAL 4TH OF JULY PICNIC! Stop by for more fun and refreshments after the Arlington Heights Parade, where we will be serving FREE hot dogs and cold drinks starting around noon. / Baird & Warner offices, 210 W. Northwest Hwy., Arlington Hts.
Scan code to watch our latest Spring/Summer Market Update video!
If you’ve been in your home as long as cicadas have been underground, now is a great time to check your property value. We are all geared up and will be happy to provide you with a customized Property Value Review Report. You can also get a FREE home evaluation anytime you need on our website theburhopgroup.com.
YOU MIGHT HAVE HEARD (even over the loud buzz of the Cicadas) that going into late spring we are experiencing a high level of demand despite higher interest rates. Add to that a low supply of homes for sale, and we have a 1.17 months supply of inventory—meaning there are not enough homes on the market to meet the current level of buyer demand (five months of inventory is the benchmark for a balanced market).
The pace of sales is also fast-moving, with homes on the market an average of twelve days before going under contract. Homes are being scooped up quickly by eager buyers, leading to a window of opportunity for sellers in terms of value and setting favorable terms (such as electing to stay in their current home longer until they are settled into their new place).
We’ve seen an uptick in contracts canceled by buyers early in the process, likely due to remorse about their quick decision or amount of their offer. Ask about our tips to avoid this!
The List to Sold Price Ratio is hovering around 101% and we are seeing multiple offers on a large percentage of homes. Through April, the Median Sold Price for Single Family Homes was $402,500—up 9% over the same time last year, while attached homes were up 14%.
The Burhop Group List to Sold Price Ratio is 4% higher than average and we are finding creative ways to get our buyers into homes. So when is the right time to buy or sell? Our best advice will come after we get to know you and your specific goals. Give us a call to discuss how we can make the market work for you! n — S.B.
If you have additional questions, please email me at: shaunna.burhop@bairdwarner.com.
Scan this code to visit us at our info-packed website theburhopgroup.com and search listings, view our publications, read client success stories, see some amazing staging before & afters, and so much more!
