November 2023 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 GIVE THANKS TO YOU!

As the holidays approach, the season of gratitude is upon us and we can’t help but think how blessed we are to do what we love and touch the lives of so many. Contact us any time at 847.275.0277 if you have questions about your home or future plans—we’d love to help! NOVEMBER 2023 NEWSLETTER / THEBURHOPGROUP.COM

Shaunna Burhop and Tracy Bongiorno of The Burhop Group.

COLOR TRENDS:

Bold and Balanced

PART TWO in a series

W 

Here we see how Behr’s color of the year Cracked Pepper (PPU-1801) brings just the right amount of allure to a bedroom space. Get a free peel and stick on their website to try in your room!

HILE WE LOVE A GREAT NEUTRAL COLOR PALETTE when preparing homes for sale, we’re just as excited about the dramatic shades making their way onto walls for 2024. Last month we talked about how “new neutrals” are warming up with buttery and blush undertones; now we are seeing designers add darker colors back in as accents to balance and add contrast to the neutral shades. These colors vary from chocolate browns and interesting blacks to deep navy and forest green. Done right, they bring character, depth, and visual interest to a space without overpowering it. Sherwin-Williams’ palette is a great place to get inspired. Balanced by natural, earthy pigments and daring color combinations, we love the idea that it’s just as much about how you use the color as the color itself. Go bold by painting your entire powder room a saturated dark like Billard Green (0016), Gale Force (7605), or Cornelian (7580)—or use them with contrasting neutrals to create drama in a bedroom. And if you can’t decide, you can always order large 8″x 8″ peel and stick samples to try; get them out at samples.sherwin-williams.com. n — Shaunna Burhop

Photo: Courtesy of behr.com / Source: veranda.com

Northwest Suburbs Market Update

Local Events

Detached, Single Family

Attached, Condos + Townhomes

• Median Sales Price: $431,500 +6.4%

• Median Sales Price: $250,000 +14.7%

• Average Days on Market: 32 -15.8%

• Average Days on Market: 20 -37.5%

• New Listings: 471 -11.8%

• New Listings: 359 -6.8%

• Homes Under Contract: 319 -3.3%

• Homes Under Contract: 293 -7.6%

• Absorption Rate: 59.4%

• Absorption Rate: 106.2%

DECEMBER 15-16: Storytime with Santa at The Empty Corner! Come hear Santa read a special Christmas story and then get a photo with your kids! We are excited to sponsor this event so it is FREE to attend, but you do need a reservation. Email or text us at shaunna.burhop@bairdwarner. com to receive the registration link and details. / The Empty Corner is at 214 E. Grove in Arlington Heights.

*Statistics October 2023 v. 2022; (+) or (-) indicates change between the month of October 2023 compared to October 2022. Figures from MRED LLC. Info Sparks.

FOLLOW SHAUNNABURHOPREALESTATE ON INSTAGRAM FOR MORE NEWS & EVENTS!


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