Gambino Realtors: The Collection, September 2019

GAMBINO REALTORS THE COLLECTION

SEPTEMBER 2019

ROCHELLE

Welcome to the September issue of The Collection! As summer begins to wind down, it is just the right time to find your new dream home. Please enjoy our feature properties of the month while gaining insight into the world of reality real estate tv and how the face of the investor is changing.

ROCKFORD

Cordially, Jonathan R. Krause, CRB President JKrause@GoGambino.com

DAVIS

THE COLLECTION Only Gambino Realtors places your home directly in the email inbox of 62,500 homeowners with a household income of $250,000.00 or more. Our reach through this luxury publication covers Winnebago, Boone, McHenry and Lake Counties in Northern Illinois.

815•282•2222 www.gogambino.com

CALEDONIA

ROCKFORD

5 REALITY TV MYTHS EXPLAINED Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session?

We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting.

When you’re in the middle of your real estate-themed TV show marathon, you might start to think everything you see on the screen must be how it works in real life. However, you may need a reality check.

Reality TV Show Myths vs. Real Life: Myth #1: Buyers look at 3 homes and decide to purchase one of them.

Truth: There may be buyers who fall in love and buy the first home they see, but according to the National Association of Realtors, the average homebuyer tours 10 homes as a part of their search.

Myth #2: The houses the buyers are touring are still for sale.

Truth: Everything is staged for TV. Many of the homes shown are already sold and are off the market.

Myth #3: The buyers haven’t made a purchase decision yet.

Truth: Since there is no way to show the entire buying process in a 30-minute show, TV producers often choose buyers who are further along in the process and have already chosen a home to buy.

Myth #4: If you list your home for sale, it will ALWAYS sell at the open house.

Truth: Of course, this would be great! Open houses are important to guarantee the most exposure to buyers in your area, but they are only one piece of the overall marketing of your home. Keep in mind, many homes are sold during regular showing appointments as well.

Myth #5: Homeowners decide to sell their homes after a 5-minute conversation.

Truth: Similar to the buyers portrayed on the shows, many of the sellers have already spent hours deliberating the decision to list their homes and move on with their lives and goals.

Having an experienced professional on your side while navigating the real estate market is the best way to guarantee you can make the home of your dreams a true reality.

CUSTOM BUILT BEAUTY $499,900.00 Settle in like a star in this stunning custom built one owner English Tudor home nestled on a private cul-de-sac. With a total of four bedrooms, five full baths, three and a half-car attached garage, a two-car detached garage and an inground pool, there is ample space for family and friends to relax and enjoy. Become a master chef in the gourmet kitchen accentuated with a unique overhead tray ceiling, Corian, new appliances, center island and a breakfast bar. Transport yourself to serenity in the Florida room with French doors opening to the Trek deck where beautiful landscape views await. For those cold nights, cozy up to the fireplace in the front room where the vaulted ceilings create an open and airy feeling. Entertain guests where they can stay in the guest suite with private bath, play in the game room and pull up a stool to the bar. Nestle yourself away in the master suite’s sitting room or take a dip in the pool, either way, this home will satisfy your desires.

5101 Skare Cour t Nor th • 4,659 SQUARE FEET • 4 BEDROOMS • GOURMET KITCHEN • INGROUND POOL

Sandy Basel 815|494|4132 Contact View Full Listing for Details

A RESIDENCE OF DISTINCTION $499,000.00

Shaped by an artist’s eye, this home is what you have worked and dreamed for all these many years. To awake and live in this distinctive residence with walls of windows providing ever changing views of the Rock River. 150+/- feet of Rock River frontage, on a double lot with approximately .74 acres and 3,800 square feet of living space. First floor master suite opens into a library or study and features two full bathrooms, and a separate dedicated dressing area. There is an open kitchen with separate walk-in pantry, slate counter-tops, and stainless steel appliances.

Other features include sets of French doors, slate and skylights, a floor to ceiling brick, woodburning fireplace, river room (17.3x8) that opens onto expansive brick terraces, many closets, and custom cabinetry throughout. A circular wooden deck with built-in seating at the river’s edge, with a staircase to the river and a floating dock. A sea wall bordered by an iron railing and a serpentine brick walk so that one can stroll near the river’s edge.

2343 Rock Terrace • 3 BEDROOMS • 3,804 SQUARE FEET • 180 FEET RIVER FRONTAGE • SEA WALL & FLOATING DOCK

Diane Meltmar 815|540|3259 Contact View Full Listing for Details

SERENE LOG CABIN ESTATE $649,900.00 Feel the peace and serenity within this beautiful hilltop log ranch. Enjoy the plentiful space to roam while family and friends can gather to enjoy the outdoor features. The heated show barn and indoor arena is a wonderous addition to pamper your horses. After a fun day outdoors, relax in the spacious open living room and listen to the crackling of the gorgeous fireplace. This home is set up perfectly for a full in-law apartment that includes a bathroom and laundry space. This unique setting has so much to offer, it is an exploration awaiting you and yours.

15301 Best Road • 4 BEDROOMS • INDOOR ARENA • 30 ACRES • IN-LAW APARTMENT

Judy Clossey 608|290|1924 Contact View Full Listing for Details

QUIET CUL-DE-SAC RETREAT $309,900.00 This beautiful two-story home set upon a picturesque landscape on a cul-de-sac is waiting for you to move in and live life to the fullest. The vaulted ceilings in the sizable great room create an airy feeling, while the wood burning fireplace will keep you warm on those chilly fall evenings. With a finished basement that features partial exposure, there is ample space for family and friends to enjoy an evening of great company. The four-bedroom layout leaves room for your family to grow creating a place for memories. Conveniently located in the Fox Run Subdivision, the location of this home boasts easy access to nearby amenities.

Be sure to bring all of your toys and hobby gear as the four-car garage has space for it all.

311 Canar y Drive • 4 BEDROOMS • 2.25 ACRES • 1ST FLOOR LAUNDRY • 4 CAR GARAGE

David Bowers 815|520|4091 Contact View Full Listing for Details

A BARLOGA GEM $215,000.00

Three floors of living space with approximately 3,596 square feet boasting beautiful original wood floors, woodwork and built ins. Each of the large bedrooms features an attached full bath.

The master includes a walk-in closet and attached bonus room. Enjoy the huge, dramatic top floor suite which is newly remodeled. You will find solid, high-end custom Grabill cabinets in the kitchen, a gracious formal dining room for entertaining by the fireplace, and a picturesque living room with fireplace. The adjacent family room offers plentiful windows and fireplace with blower. The front and back staircases allow you to conveniently navigate this large home and the first-floor laundry adds even more convenience. With generous storage throughout, a clean, dry basement featuring lots of built-in storage and a workshop, there is room for all of your treasured items. The wonderful screened-in porch leads to a private yard with a deck, patio, arbor and perennial plantings. A two-car garage with a loft and an outdoor shed tops off all of the extra space this home has to offer.

116 Logan Street • 1.78 ACRE LOT • 4 BEDROOMS • LUXURIOUS MASTER BATH • NUMEROUS UPGRADES

Marcia Williams 815|298|1098 Contact View Full Listing for Details

THE SURPRISING PROFILE OF THE REAL ESTATE INVESTOR

Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors?

Many have speculated that the large institutional conglomerates such as Blackstone, American Homes 4 Rent, and Colony Starwood dominate investor purchases. However, a special report on investor home buying by CoreLogic, Don’t Call it a Comeback: Housing Investors Have Been Here for Years, shows this is not the case.

Ralph McLaughlin, CoreLogic’s Deputy Chief Economist and author of the report, explained his findings at the recent National Association of Real Estate Editors conference in Austin: “Investor buying activity in the U.S. is at record highs. And our records go back confidently, about 20 years…What’s going on and why? Well, it turns out, it’s not the big institutional guys that are leading the increase in home buying. It’s actually the smaller guys. It’s those that have bought between one and ten properties over this 20-year period, they’re the ones that are really leading the increase in investor home buying.”

Here is the breakdown of the percentage of purchasers by type of investor over the last six years according to the report: As the graph shows, the percentage of “Mom & Pop” investors is currently dominating the number of homes purchased by investors, as the percentage of homes purchased by both professional and institutional investors is falling.

Most houses purchased by an investor are bought by small investors looking to diversify their financial portfolio by adding a real estate component. If you are investing in real estate as either a landlord or someone who fixes-up and flips the house, speak to a local real estate professional. They can help you build or liquidate your current portfolio of properties.

RETREATS AMID NATURE 5948 McDonald Road | Roscoe

• 3,500 SQUARE FEET • ABOVE GROUND POOL • 1.32 ACRES This 1.32-acre ranch in Roscoe offers approximately 3,500 square feet of living space including 1,500 in the updated lower level. With four bedrooms, 3.5 baths, dining room, den and family room there is plenty of space to relish in. The heated floors will keep you warm and cozy as will the gas fireplace. Relax, play and entertain in this nature retreat boasting an above ground pool, hot tub, deck and large outbuilding.

2765 Pines Road | Oregon

Mary Shreve | 815•262•7726|mshreve@gogambino.com • 7,000+/- SQUARE FEET • 27.5 TILLABLE ACRES • 1,620 SQUARE FOOT MORTON BUILDING Your space on top of the hill, tucked behind the evergreens awaits spectacular views in this solid brick, fully exposed ranch home featuring almost 7,000 square feet of living space. Completely finished lowerlevel with second kitchen, huge office with entry leading to heated 4.5+ car garage, family room with walkout to patio area featuring concrete cast furniture, full length balcony with amazing views. Enjoy the four season room with built in grill throughout the year.

3218 N. IL Route 2 | Oregon

Dawn Karns | 815•494•6507| dkarns@gogambino.com • 32.5 WOODED ACRES • GUEST COTTAGE • LARGE ENTERTAINING ROOM Create your own retreat on 32.5 beautifully wooded acres. Built to precise standards by “beauty seekers” from Chicago who named it “Beauvoir” or beautiful view, you are transported back to the grandeur of old. Set down a long winding drive, the property consists of the 4,000 square feet main house and a two-bedroom guest cottage. So much history to admire. The three separate parcels allow you to build, or sell off, a part too. Create your own family’s history.

10494 Freeport Road | Durand

Pamela Cunningham|815•289•6323|pcunningham@gogambino.com

• TWO HOUSES ON ONE LOT • 6 ACRES • FENCED PERIMETER Two homes on six acres nestled in country charm inside this lovingly restored early 1900’s farmhouse. Original hardwood floors, woodwork, and doors including solid wood pocket doors plus three covered porches to enjoy the breezes. The kitchen has been updated with stainless steel appliances, hand crafted cabinets and a large farm sink. The land is zoned agricultural for animals and has many fruit trees. Come appreciate the craftsmanship and beauty.

Pamela Cunningham|815•289•6323|pcunningham@gogambino.com

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