February 2020 Newsletter by Shaunna Burhop

Over $130 million sold and over 350 happy homeowners

Shaunna Burhop | Baird & Warner Real Estate Broker 210 W. Northwest Highway, Arlington Heights, Illinois 60004

February 2020 Newsletter

Get ready now for the spring market.

Call Shaunna today to set up a personalized consultation at 847.275.0277.

Market Update NORTHWEST SUBURBS* Detached, Single Family • Median Sales Price: $325,000 +2.0% • Days on Market: 121 +26% • Homes for Sale: 1,804 -8.1% • Showings per Listing: 4.6 +15% • Homes Under Contract: 280 +8.5%

HOT TRENDS: ‘HIPSTURBIA’—It’s what all the cool suburbs are doing

Attached, Condos + Townhomes • Median Sales Price: $176,000 +0.6% • Days on Market: 79 +19.7% • Homes for Sale: 1,106 -4.3% • Showings per Listing: 4.4 +2.3% • Homes Under Contract: 241 +10.6% *Statistics December 2019 v. 2018; (+) or (-) indicates change between the month of December 2019 compared to December 2018; Figures from MRED LLC. Info Sparks

Calendar SAT MAR 14 PALATINE PAINTS THE TOWN GREEN PARADE: This spirited event serves to collect supplies for Journeys from PADS to Hope. Find out more at stpatspalatine.com.

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Follow ShaunnaBurhopRealEstate on Facebook and Instagram for news, design and market trends, connections to the community, and behind-the-scenes sneak peeks from real client stories. You can also send your questions, comments or ideas to shaunna.burhop@bairdwarner.com

H

ave you heard what all the “Cool Suburbs” are doing? As millennials age and their families expand they’ve been trading in their urban digs for a house in the ‘burbs. They want more space, good schools, and affordability—but don’t want to give up the fun and convenience of accessing dining, shopping, and a variety of entertainment spots.

The movement is being called “hipsturbia,” and it’s one of the major themes identified in the Emerging Trends in Real Estate 2020, a report by Urban Land Institute and PwC. Byron Carlock, PwC’s Real Estate Leader says “We’re seeing millennials and Gen Zers deciding to do life together. We’re seeing home sharing, ride sharing and cost sharing. A lot of growth is

Left: Millenials are moving to suburbs that have more of an urban-style vibe. Above: Northwestern students enjoy smoothies in Fountain Square, in downtown Evanston.

happening in cities around college towns, since they have a constant supply of young people and many decide to stay there after they graduate.”

One of Chicago’s own suburbs, Evanston, is seeing a hipsturbia revival. Located near Northwestern University, residents enjoy rooftop bars, downtown shopping and access to and from the Chicago Loop via the CTA purple line.

And in the Southwest, the hipsturbia formula is also happening in Tempe, Arizona. Located near Arizona State University, you’ll find coffee shops, restaurants, breweries, pubs, retail and entertainment—24/7.

Sounds fun to me! n SOURCES: Stephanie Vozza/Forbes.com, Kirk Miller/InsideHook.com, and Evan RobinsonJohnson/DailyNorthwestern.com

STAGING + SELLING | SEARCHING + INVESTING | RENOVATIONS + DESIGN | RELOCATION + RETIREMENT | SENIOR LIVING + ESTATES

BAKE THIS! Irish Soda Bread Pudding With St Patrick’s Day right around the corner, I’m reminded how much I love Irish Soda Bread (Mariano’s has a great one!) and turning it into bread pudding takes it to a whole new level!

INGREDIENTS • 2 tablespoons unsalted butter, softened • 8 eggs, beaten • 1 cup heavy cream • 1 orange, zested and juiced • ½ cup light brown sugar • 1 teaspoon ground cinnamon • 1 teaspoon ground cardamom • ½ teaspoon vanilla extract • ½ teaspoon salt • 3 cups Irish Soda Bread cubed and toasted SAUCE • ½ cup butter • 1 cup light brown sugar • ¼ teaspoon salt • 1 teaspoon vanilla • ½ cup evaporated milk (The sauce can be made ahead, then warmed in the microwave.)

February 2020 Newsletter

+ SOURCE: More delicious recipes at one of my fav sites, SpoonFork Bacon.com

CHECK OUT MY NEW PUBLICATION, OPEN HOUSE MAGAZINE!

INSTRUCTIONS 1. Preheat oven to 375˚F. 2. Lightly grease a 9”x13” baking dish and set aside.

3. Place eggs, cream, orange zest, juice, sugar, cinnamon, cardamom, and salt in a mixing bowl and whisk together until fully combined.

4. Place cubes of bread into another mixing bowl and pour egg mixture over. Fold together until well combined.

5. Pour mixture into the prepared baking dish and allow mixture to sit for 30 minutes.

BEAUTIFULLY EXPANDED! 31 Parliament, Mundelein COMING SOON

6. Place dish in the oven and bake for 30 to 40 minutes or until mixture has cooked through and is toasted on top, but soft and slightly custard-like in the center.

7. Allow the pudding to cool for 10-15.

8. To make sauce, melt butter and brown sugar over medium heat.

9. Bring to a boil, and remove from the heat.

10. Whisk in the salt, vanilla, and milk.

11. Cut cooled pudding into squares, and top each with hot sauce. n

The Fab Four: Top Renovations to Maximize Return on Investment (ROI)* #1 New Roofing Cost: $7500 ROI: $8000 (107%) #2 New Flooring Cost: $4700 ROI: $5000 (106%) #3 Replace HVAC Cost: $8200 ROI: $7000 (85%) #4 New Vinyl Siding Cost: $15,800 ROI: $10000 (63%) *Source: NAR, NARI

ACCESS TO PRIVATE LAKE 21287 W. Ridge, Lake Zurich $399,900

For more information on these featured properties or other available listings, or to list your own home, call Shaunna today at 847.275.0277.

Shaunna Burhop is one of the top real estate agents in the Chicago Northwest Suburbs, and she has consistently been recognized as one of the Top 10 Real Estate Agents in Illinois.

If your property is currently listed for sale with another realtor, please disregard this mailing.

The holidays may be over, but there are still tons of great stories to read from the winter issue of Open House magazine, my new publication filled with “before-and-after” renovations, helpful design advice, and tons of tips and tricks for both buyers and sellers. Send me an email at shaunna. burhop@bairdwarner. com to request your copy, or go to Issuu. com and search for Open House to view a digital version on your laptop or device. n PHOTO CREDITS THIS PAGE: spoonforkbacon.com (soda bread) REVERSE: Joshua Rodriguez/ Unsplash (coffeehouse); Evan Robinson–Johnson/Daily Senior Staffer (students)

GORGEOUS REMODELED TOWNHOME Desirable Greenwood Place COMING SOON