Over $130 million sold and over 350 happy homeowners Shaunna Burhop | Baird & Warner Real Estate Broker 210 W. Northwest Highway, Arlington Heights, Illinois 60004
January 2020 Newsletter
Now’s the time to plan for your 2020 home. Call Shaunna today to set up a personalized consultation at 847.275.0277.
Market Update NORTHWEST SUBURBS* Detached, Single Family • Median Sales Price: $332,500 +2.3% • Days on Market: 105 +0.0% • Homes for Sale: 2,202 -6.6% • Showings per Listing: 4.6 +12.2% • Homes Under Contract: 387 +25.2%
DESIGN TRENDS: What’s Hot for 2020 As the new year begins, most of us look to renew ourselves by making changes. One way to do that is to alter your surroundings. Revamping your home can make you feel refreshed. Even small changes can rejuvenate your spirit and inspire you to take on the rest of your resolutions. I love taking inspiration from designer forecast trends. Here are a few of my favorites that Collected Interior Design and Elle Decor believe will make their way into consumer homes within the next year:
Attached, Condos + Townhomes • Median Sales Price: $180,000 +0.0% • Days on Market: 77 +20.3% • Homes for Sale: 1,106 -0.1% • Showings per Listing: 4.5 +2.3% • Homes Under Contract: 315 +18% *Statistics November 2019 v. 2018; (+) or (-) indicates change between the month of November 2019 compared to November 2018; Figures from MRED LLC. Info Sparks
Calendar SUN JAN 26 BLOODY’S & BINGO Save the date for this fun event! We are partnering with local businesses to support Gerry’s Cafe (gerryscafe.org). E-mail me or visit shaunnaburhop.com for info and to RSVP.
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Visit CollectedInterior. com and ElleDecor.com for the complete list
1 / DARK PAINTED DOORS I’ve seen this done and it’s stunning! It adds warmth and character to the space and paired with beautiful hardware the doors become a statement piece in any room. 2 / BOLD-PATTERNED BACKSPLASHES While white and neutral cabinetry is still on trend, one of the best ways to make your kitchen and bathroom stand out is to incorporate a lively backsplash. 2020 is all about bold patterned tiles and colors. 3 / MIXED METALS This trend has been around for the last few years and I’m so happy it will continue. Designers are incorporating silver, gold, tin, and copper but suggest not mixing more than three metals in one space, or your decor could become too overwhelming for one room. Silver and brown metals will work well together, like iron and gold or bronze. n
STAGING + SELLING | SEARCHING + INVESTING | RENOVATIONS + DESIGN | RELOCATION + RETIREMENT | SENIOR LIVING + ESTATES
January 2020 Newsletter
CHECK OUT MY NEW PUBLICATION, OPEN HOUSE MAGAZINE!
HOUSING MARKET 2020: Trends to Watch
wo trends are predicted to shape the U.S. housing market in 2020—Millennials are anticipated to be the single biggest driver and home buyers of all ages will trend toward areas with more affordable lifestyles according to an economic forecast published by Realtor.com. Millennials are defined as the group of individuals born between 1981 and 1997 and 4.8 million of them are turning 30 in 2020, a time when many people purchase their first home. According to the report, they are expected to take on more than half of all new mortgages next year, outnumbering Generation X and Baby Boomers combined. The challenge will be a lack of move-in-ready entry FOR SELLERS: level homes. While the show “Fixer Upper” is a cultural phenomenon, Thoughtful pricing actually fixing up a home is not. Most buyers have no desire to make improvements on their own. We have seen the local impact-homes and proper preparation needing major investments in key areas such as kitchens and baths have before hitting the market declined in value the last 12-18 months. will be critical. The second trend, a move to affordability, is being fueled by the twin forces of Baby Boomers retiring and seeking sunnier weather, lower taxes and lower cost of living, and Millennials searching for family-friendly lifestyles and affordable housing. Home buyers are increasingly looking not only at suburban environments near large metropolitan areas, but also considering options across state lines. n
GORGEOUS LOT TO BUILD DREAM HOME 20083 Ela Rd, Deer Park $139,900
1ST FLOOR CONDO 701 Huntington Unit #103, Mt Prospect $109,900
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.
Have you received your copy of Open House magazine in the mail yet? If so I hope you’ve enjoyed reading about the real-life client “home stories” I’ve been a part of over the past year. It’s also full of design advice and helpful tips & 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 REVERSE: Nicole Davis Interiors (backsplash); Fern Santini (mixed metals); Tria Giovan (dark doors)
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