Maureen-Brand-Poplar Creek-June 2020

MAUREEN BRAND CRS, GRI, SFR, CDPE

Each office Independently owned and operated.

847.477.0029

MaureenBrand@outlook.com www.MaureenBrand.com

1310 N Roselle Road, Schaumburg, IL 60195 847.230.7001

POPLAR CREEK & THE LINKS AT POPLAR CREEK JUNE 2020 | REAL ESTATE MARKET REPORT

IRENE MARKGRAF SRES, GRI, ABR, SFR

847.951.1749

IreneMarkgraf@outlook.com www.IreneMarkgraf.com Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020

Visit www.PoplarCreekandTheLinks.com for Community Info and Recent Sales.

NEW LISTING

COMING SOON TO POPLAR CREEK

POPL A R C R E E K

JU ST

CL O SE D

CALL US FOR MORE INFORMATION

T HE L INKS A T POPL A R C R E E K www.PoplarCreekandTheLinks.com PRESENTED BY MAUREEN BRAND & IRENE MARKGRAF YOUR POPLAR CREEK & THE LINKS AT POPLAR CREEK REAL ESTATE SPECIALISTS

Fabulous Three Bedroom Spyglass+ Model Awaits!

2168 Seaver Lane | 3 Beds | 3.5 Baths | 1,750 Est. Sq. Ft. | Sold for $295,000

PREPARED ESPECIALLY FOR

Jonathan-Thomas and Angela-Marie Williams

POPLAR CREEK & THE LINKS AT POPLAR CREEK MARKET REPORT

MAUREEN BRAND CRS, GRI, SFR, CDPE

847.477.0029

MaureenBrand@outlook.com www.MaureenBrand.com

IRENE MARKGRAF SRES, GRI, ABR, SFR

847.951.1749

IreneMarkgraf@outlook.com www.IreneMarkgraf.com

If you are thinking of selling your home in the near future, call Maureen or Irene.

They will be happy to give you an estimate of value over the phone and the good and the bad of selling right now.

THE SELLING FRENZY IS COMING NOW IS THE TIME TO GET YOUR HOME READY TO SELL!

Jonathan-Thomas and Angela-Marie, If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call us today at 847.477.0029 or 847.951.1749.

Let our marketing go to work for you!

HOMES CURRENTLY LISTED Status Street Name

Subdivision

Property Type

Beds

Total Baths

Est. Sq. Ft.*

List Price

Active

Monterey Court

Poplar Creek

2 Story

2

2.1

1,600

$214,900

Active

Monterey Court

Poplar Creek

2 Story

2

3.0

2,600

$285,000

Active

Pebble Beach Drive

Poplar Creek

2 Story

2

2.1

1,900

$289,900

HOMES UNDER CONTRACT Status

Street Name

Subdivision

Property Type

Beds

Total Baths

Est. Sq. Ft.*

List Price

Under Contract Cypress Court

Poplar Creek

2 Story

2

2.1

1,900

$265,000

Under Contract Pebble Beach Drive

Poplar Creek

Ranch

2

2.0

1,400

$285,000

Under Contract Pebble Beach Drive

Poplar Creek

2 Story

2

2.1

1,600

$294,900

Under Contract Poplar Creek Drive

Poplar Creek

2 Story

2

2.1

1,900

$325,000

HOMES SOLD IN THE LAST 180 DAYS

MARKET FACTORS Prior to COVID-19, the housing market showed signs of a hot spring season.

The pre-pandemic market strength gives many experts hope that losses are temporary.

The comeback is expected to be quick. With historically low interest rates, home buyers and investors will start buying at the first signs of normality. This will only delay spring purchasing, setting the stage for a frenzy by August.

RESILIENCE During four of the last five recessions, home prices continued to increase. The only exception was in 2008; however, this was triggered by real estate itself.

While the housing crisis is still fresh on our minds, the U.S. housing market has weathered all other recessions since 1980. Traditionally, the housing market actually aids the economy in recovering from recessions.

Status

Address

Subdivision

Sold

1700 Pebble Beach Drive Poplar Creek

2 Story

2

2.1

1,867

$279,900 $275,000

03/17/20

Sold

2168 Seaver Lane

2 Story

3

3.1

1,750

$299,900 $295,000

06/23/20

Links at Poplar Creek

Property Type Beds

Total Baths Est. Sq. Ft. List Price Sold Price Closed Date

Maureen Brand, Irene Markgraf and RE/MAX Suburban are not in any way affiliated with Poplar Creek or The Links At Poplar Creek Owners Association, nor is this in any way an official advertisement or publication of Poplar Creek or The Links At Poplar Creek. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MRED MLS between December 24th, 2019 and June 24th, 2020. Listings and sales may not be those of RE/MAX Suburban. The MRED MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded down to nearest hundred.

ALWAYS ESSENTIAL What separates the stability of the housing market from other economic indicators like the stock market? It comes down to need. People will always need a place to live.

After regulations lift, there will certainly be hesitant buyers, but there will also be those patiently waiting to enter the market and take advantage of low interest rates. Life itself is not paused, and large life events haven’t stopped.

Jonathan-Thomas and Angela-Marie, Timing is critical to take advantage of the coming market. Waiting will be too late - it’s important to stand out.

Call us to help get your home ready; it’s what we do best! 847.477.0029 or 847.951.1749.

Want to know the true value of your home?

Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Maureen Brand and Irene Markgraf, your Poplar Creek and The Links at Poplar Creek real estate specialists.

www.PoplarCreekandTheLinks.com