Chicago's North Shore - North and Northwest Suburbs Real Estate

Chicago North Shore, North and Northwest Suburban Real Estate Blog

Allyson Hoffman

Blog

Displaying blog entries 1-10 of 1071

May 2019 Midwest Real Estate Market Reports

by Allyson Hoffman

The May 2019 Midwest Real Estate Market Reports are now ready for your review. These market reports provide an insight on the real estate market statistics for Cook County and Lake County. These statistics are helpful when you are considering buying or selling in today’s real estate market.  And, remember should you need tailored reports on a subdivision or neighborhood in the North ShoreNorth, and Northwest Suburban Chicago, Illinois area, please let me know.



Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager 
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300

[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
YouTube

Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.

Exciting One-of-a-Kind Riverfront Multi-Level Two-Story ... Space to Spare, Serene Setting!

Unique on all fronts -- Exceptional Space, Exceptional Location Overlooking Riverfront and Golf Course, Only Steps to Spring Lake Park!

Enjoy resort-like living in this one-of-a-kind home w/a spectacular setting on .71-acres of serene riverfront and golf course. A grand circular drive leads to an inviting two-story slate entry overlooking the huge living room with vaulted ceilings and a large picture window. This spacious multi-level hillside two-story provides fabulous views from huge rooms including an eat-in kit with granite counters and marble floors, and a separate dining room, both opening to an expansive rear balcony.

An immense Master Bedroom suite features a huge custom-fitted walk-in closet, riverfront views and a private bath with granite counter. Three more family bedrooms on two levels and two more full baths make this a great family home. The massive ground-level family room features a large raised-hearth fireplace, wet bar and sliders out to the patio and sprawling backyard.

Additional extras include zoned HVAC, an attached three-car tandem garage, large dry basement and amazing location only two doors to Spring Lake Park! This unique home, in a totally unique setting on a high and dry home site, provides endless possibilities for the next lucky family! 

To view the full description and collection of photos for this home please visit www.93Lincolnshire.com!

Contact Allyson Hoffman for more information or to schedule a showing.  Visit www.RealEstateNorthernIllinois.com or email [email protected]!

Ribfest Chicago

by Allyson Hoffman

Celebrate Ribs and Rock and Roll at Ribfest Chicago this Friday, June 14th through Sunday, June 16th. Did you know that Ribfest Chicago was voted Chicago’s Best food fest? Ribfest Chicago is also a nationally-recognized FREE music festival. Top local and touring acts make up a delicious blend of indie, roots rock and alt-country for one of the hottest all-original lineups in the Midwest.

With over 50,000 pounds of BBQ and 25 hours of live music, this event is sure to be fun for all. Bring the whole family; children can enjoy games and bounce houses at the Kids Square!

The festival is free, but donations are requested. Ribfest Chicago has contributed more than $350,000 to Northcenter schools and nonprofits to improve education, benefit critical nonprofit work, assist special needs and fight hunger, in addition to funding chamber projects and annual programming.  A $10 per person donation is requested to benefit Northcenter’s philanthropy and community programs.

For more information visit the official event website for additional information. Bring the whole family for three days filled with food, fun, and fantastic live entertainment!

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE
/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
YouTube

Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.  

Photo by Jon Tyson on Unsplash

Surf Safely When Home Shopping Online & Elsewhere

by Allyson Hoffman

Estimates indicate that over 90 percent of today’s buyers first searched for their home online. In today's technologically savvy world, many people feel quite comfortable shopping online or even conducting their banking electronically. With so many people scouring the Internet to search homes for sale, homebuyers should avoid becoming a prime target for cybercriminals by conducting safe and secure online home searches.

Begin by only visiting legitimate websites. One of the most common tactics used by spammers includes establishing fake websites that capture personal information. These sites can easily appear convincing and present as a legitimate property listing site or lending site.

To maintain your privacy and to protect your sensitive information, look for sites using encrypted technology.  One way to also verify authenticity includes ensuring there is an actual address and telephone number listed. Bogus sites may be missing this crucial information. Should you preview a home for sale online listed with a real estate company or agent, consider asking your real estate agent to gather additional information for you.

In addition to exercising care while shopping online for lenders and homes for sale, it is also important to be cautious in the real world. While most advertisements are legitimate, to be safe it is always best to have your real estate agent accompany you to view a home.  Once you have secured a property and applied for a mortgage, be sure to transmit or deliver sensitive or confidential information to your lender in a secure setting, preferably not over the phone or in public.

Should you locate a property of interest online or through a print ad, don’t hesitate to contact me today for additional information about the property.  I can answer questions and be your first line of safety in the process of shopping for a home.

 


Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
YouTube


Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.   

Photo Courtesy Unsplash.com

Chicago Blues Festival

by Allyson Hoffman

The Chicago Blues Festival begins this Friday, June 7th at Millennium Park. Blues Hall of Fame member, Bobby Rush will headline the festival on opening day. The GRAMMY® Award-winning artist was named by Rolling Stone "The King of the Chitlin' Circuit" for his vigorous touring schedule and energetic show.

Before Bobby Rush takes the stage, the Jimmy Johnson Blues Band will mark the 90th birthday of Mr. Johnson, one of the genre’s legendary artists and member of the Blues Hall of Fame. Some of Saturday’s artists include the award-winning and legendary soul artist Bettye LaVette, Don Bryant, Latimore, and many more!

Wrap up this energetic blues experience on Sunday with Ruthie Foster, and a special tribute set for the late Mike Ledbetter by The CONNECTION with Mike Welch & Friends.

Visit the official event website for additional information and the event schedule. Don’t miss your chance to attend this rockin’ good time in the “Blues Capital of the World,” one of Chitown’s largest annual festivals!

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE
/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
YouTube

Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.  

Photo by danny howe on Unsplash

For Sale - 3935 Sunset Lane, Northbrook, IL 60062, $1,750,000

by Allyson Hoffman

Unparalleled!

Magical Originality, Exceptional Quality & Tasteful Elegance Combine on a Serene Near Acre Setting!

Defined by Distinctive Design, Decor and Details, This Stunning Custom Creation Captures the Essence of Pure Artistry and Fine Living -- Truly Transcend the Ordinary Here!

The art of living well truly becomes reality in this masterfully designed one-of-a-kind treasure! Unmatched detail, stunning mill work and high ceilings combine with exquisite decor and a fabulous setting on nearly an acre of lushly-landscaped grounds. 

This custom creation with nearly 9000 Square Feet of dramatic grandeur includes an alluring two-story foyer, king-sized formal dining room, a breathtaking 4-season sunroom, a massive family room sharing a see-through/two-sided fireplace with the island kitchen/hearth room that will anchor your family's living and entertaining needs. 

The master bedroom suite features a massive sky-lit spa bath & divided his/her custom-fitted walk-in closet. All family bedrooms, including a main floor in-law/guest suite, offer ensuite baths. 

The deep, fully-finished lower level includes a massive great room, stunning wet bar and mini-kitchen, media/recreation room, huge office and exercise room. This unrivaled masterpiece is outstanding ... exceptional in every sense, inside & out!

To view the full description and collection of photos for this home please visit www.3935Sunset.com!

Contact Allyson Hoffman for more information or to schedule a showing.  Visit www.RealEstateNorthernIllinois.com or email [email protected]!

Price Reduced - 1682 Cavell Avenue, Highland Park, IL 60035, $450,000

by Allyson Hoffman

Pristine Perfection!

Outclass the Competition in this Outstanding One-Owner Dream -- a True Fastidious-Buyer Delight! 

White Gloves Are Always Welcome Here in this Pampered-With-Love Sherwood Forest Treasure -- It's Hard Not to Love this Home!

Manicured with love -- this pristine original-owner two-story exudes true pride of ownership! From the mature exterior landscape, bushes and flowering colors to the interior upgrades throughout the years, this welcoming, impeccably-clean gem is ready to go and features a two-story center entry design flanked by the formal living and separate dining rooms. The eat-in kitchen with its amazing abundance of cabinetry/counters and the inviting family room both overlook the lush backyard and patio – comfortable and convenient for family functions.

Upstairs you’ll find the master suite and three family bedrooms arranged to allow for a two-room master suite – the choice is yours. All bedrooms provide an enormous amount of closet space and either sunny east, west or south exposure. Downstairs you’ll find a great finished basement with ample space for children,teens, hobby areas and storage.

Located in desirable Sherwood Forest, enjoy easy highway access and the option of either Highland Park or Deerfield High Schools and Metra stations. Discover the difference in this happy, memory-making home!

To view the full description and collection of photos for this home please visit www.1682Cavell.com!

Contact Allyson Hoffman for more information or to schedule a showing.  Visit www.RealEstateNorthernIllinois.com or email [email protected]!

What Impacts Your Home's Market Value

by Allyson Hoffman

Evaluating a home’s market value isn’t always easy for a homeowner.  Many times an objective opinion is required, even if the news is not promising.  Overpricing a home is one assured way to prolong the selling process.  Moreover, a lengthy selling period, statistically, more times than not, correlates with a lower selling price. In comparison, homes that sell quickly will generally sell for more than their languishing-on-the market competition.  An experienced real estate professional  who knows the market and the neighborhood will likely be the most reliable resource to assess the value of a home.  

Many factors that can negatively affect a home’s value are obvious, but some are not.  Here are a few value-related concerns to keep top of mind when selling and seeking your highest and best value.

Curb Appeal

First impressions are critical -- a house without curb appeal can discourage buyers before they even exit from their cars.  Fortunately, curb appeal is one of the easiest problems to remedy.  A fresh coat of paint, clean front porch and neatly maintained and manicured yard are essential.  Keep in mind that a first impression can only be made once and really is essential to maximizing a home’s value.

Pets

There’s no question that odors and damage caused by pets need to be addressed before a house goes on the market and visitors view the property.  The scent of cat urine or sight of wood floors, worn or scratched by animal traffic, is likely to dampen buyer enthusiasm and inevitably drives offer amounts down. Buyers tend to double and triple discount for the costs of perceived issues. So addressing those up front will assure that your home will show better and increase the odds of selling for more.

Renovations

The problem with many design and customization decisions is that they work for the current owner, but not the prospective buyers  who may simply see these choices as projects they’ll have to pay to undo. Buyers need to imagine themselves living in a home of their own and not someone else’s residence.That’s why sellers who have over-personalized their homes should consider repainting with colors suited to many types of décor or replacing especially unique features such as a lighting fixture or carpet/flooring selection that may have buyers scratching their heads.

Physical Problems

Anything that would be a problem for the next owner of a home is definitely going to cost the seller. Whether it’s an obvious problem, or only discovered during a home inspection, issues with roofing, structure, HVAC equipment,  other mechanical systems, appliances etc., either need to be addressed by the seller before the house goes on the market or they will ultimately be factored into a prospective buyer’s offer or post-inspection discussions.

Location

The location of a home can be one of the biggest problems facing a homeowner wanting to sell.  A home on a main road, backing up to or near a highway or train, abutting non-residential property, on a lot with minimal yard space as compared to other neighborhood homes or properties located in an area with a questionable reputation, high crime rates, filled with unkempt homes and/or an unappealing skyline may be more difficult to sell, even if the home, itself, is in pristine condition.

Conclusion

Most homes, regardless of their issues, will sell – it is a function of the price.  So if you are thinking of selling and want to get the best price for your home, you may want to address concerns like those reviewed here.  Working together, I can help you sort through what can and can’t be done to improve your potential profit and help you to set an asking price that will bring results.

Contact me today and let’s discuss your real estate needs.


 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300

[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
YouTube


Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets


Photos courtesy of Pexels/Pixabay.com

62nd Annual Gold Coast Art Fair

by Allyson Hoffman

The 62nd Annual Gold Coast Art Fair begins this Saturday, June 1st, running from 10 AM to 6 PM. The renowned Gold Coast Art Fair at Grant Park welcomes more than 300 artists from around the world to downtown Chicago each year.  This event enables visitors to browse extraordinary artwork presented by many exceptional artists. 

Consider further immersing yourself in the art action with incredible demonstrations by artists, live music, interactive art projects, and more! The cost is $10 with children 13 and under attending for free.

Visit the official event website for additional information. Travel to enchanting Grant Park to savor the summer sun, catch a glance of Chicago’s stunning skyline and participate in a true artistic extravaganza at the 62nd Annual Gold Coast Art Fair!

 

Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE
/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
YouTube

Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.  

Photo by Mr TT on Unsplash

Buyer’s Market, Seller’s Market or Something in Between?

by Allyson Hoffman

The inevitable fluctuations in the supply of homes for sale and the demand for them make the real estate market much like your favorite childhood playground seesaw with rare moments of true balance.  To better understand how this analogy applies in the real estate world, here is a quick review of the varied types of real estate markets you can encounter and what they mean.

 - Buyer’s Market - A buyer’s market occurs when there are more homes for sale than there are buyers actively looking to purchase. This can be a time for buyers to potentially save some money by capitalizing on the abundance of motivated sellers who really need to move. In a buyer’s market it is not uncommon for sellers to reduce the price of their homes or offer other incentives to sell their property in an effort to secure a contract from a somewhat scarce buyer population.

- Seller’s Market - A seller’s market occurs when there are more buyers searching for homes than properties for sale. In this market, sellers are typically able to sell their homes for top dollar in very short periods of time, often receiving multiple offers that drive the purchase price higher than the list price of the home.  Moreover, buyers frequently will make concessions to sellers in an effort to present a more appealing proposal than any competing offer.

- Balanced Market – Balanced markets exist when current inventories are sufficient to satisfy roughly five to six months’ worth of buyer demand and homes sell reasonably close to their listing prices.

- Stratified Market – A stratified market occurs when segments of the same market area exhibit divergent levels of inventory relative to demand.

While these explanations are relatively straight forward, the real estate market often is not. This is because real estate markets can be applied to an entire city, a neighborhood, by price range or even different types of properties. Thus, it is not uncommon to see a seller’s market in lower, entry-level price ranges while a buyer’s market exists concurrently at a higher price point.

Some agents might advise to refrain from selling your home during a buyer’s market. But in many cases selling won’t have a negative impact on your portfolio if you plan to reinvest in a new home. What you may give up on the sale of your current home, could likely be recaptured on the purchase price of your next home.

Working with an experienced real estate agent should ensure that your real estate approach is appropriate for both the current market and your real estate goals. For additional information regarding the buying or selling process, feel free to contact me today for a consultation. I will be happy to answer any questions you may have, help you to find a new home or determine the value of your existing property.



Allyson Hoffman, ABR, ACRE, CDPE, CRS, e-PRO, GRI, SFR, SRES
RE/MAX Villager
Serving Chicago's North Shore, North and Northwest Suburbs
847-310-5300
[email protected]

Get your latest Home Value
Receive Your Personalized Listing Alerts

Let’s Connect, Socially!

Facebook
Twitter
LinkedIn
Google +1
YouTube


Allyson Hoffman is your ultimate real estate resource for Chicago's North Shore, North and Northwest Suburbs and surrounding areas. Visit my website for detailed information regarding today’s real estate markets.
   

Image courtesy of mediamodifier/pixabay.com

Displaying blog entries 1-10 of 1071

Syndication

Categories

Archives

Contact Information

Photo of Allyson Hoffman Real Estate
Allyson Hoffman
RE/MAX Villager
1245 Waukegan Road
Glenview IL 60025
847-310-5300
Fax: 847-400-0881

Listing Alerts

Be the first to know what's coming up for sale in the Chicago Illinois real estate market with our New Property Listing Alerts!

Just tell us what you're looking for and we'll email a daily update of all homes listed for sale since your last update. You can unsubscribe at any time.

Get Notifications

Quick Search

Contact Us

There are several ways to reach me. Call me at the number below for the quickest response or click the Contact us Online button. Thank you.

Allyson Hoffman
RE/MAX Villager
1245 Waukegan Road
Glenview, IL, 60025

(847) 310-5300
[email protected]

Contact Us Online