February 2024 Real Estate Newsletter by The Burhop Group

Page 1

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

M 

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!


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February 2024 Real Estate Newsletter by The Burhop Group by Shaunna Burhop / The Burhop Group - Issuu