“As the year works its way to a closing crescendo, it is evident that the year’s predominant storyline is beyond a clever weekly jab. It has been an interesting and remarkably positive year for residential real estate. Even as some desirable housing tax breaks are on the verge of sunsetting, real estate, as a whole, remains in great shape.”
“From week to week, the tallies may vary slightly from the week prior in year-over-year comparisons, whether with a strong positive surge or a lingering negative streak. Tracking weekly figures is important for active real estate professionals, but the cooldown period of a meaningful real estate trend often takes weeks, if not months, to draw determined conclusions.”
By: Emma Gonzalez | December 4th
There are many surprising benefits to selling during the winter season. You can bring in motivated buyers that are flexible. There is overall less on the market than in previous seasons. Plus, the curb appeal of a cozy home is just delightful.
However, selling your home during the holiday season can be stressful. Whether it is personal celebrations or simply finishing off the year, it can be tricky to navigate the holiday season with offers and showings. Stores are more crowded, you’re invited to holiday parties, you’re looking forward to days off, even Christmas music starts playing after Halloween – you’re in full holiday mode.
Maybe you didn’t originally intend on selling during the winter season.
You just woke up and all the sudden it was the holidays
Everything you must do this month hits you- gift shopping, holiday parties, hanging out with your family, packing for vacation, cooking, decorating everything
Seriously… Everything hits you
You remember that there are showings this week, but you haven’t picked up your home
You decide to shovel your sidewalk, and do as much as you can to increase your curb appeal
Buyers come and go and yet… no one sees how wonderful your home is
You just have to be patient
Your agent is working hard to schedule every showing possible and woo the buyers
The year is almost over and no buyer in sight. You just focus on enjoying the holidays
Finally, after one last showing there’s an offer. Someone loves your home as much as you do
The price is where you want it, a huge wait is lifted off your shoulders, and it looks like the year will close on a positive note
Your agent on the other hand… will answer any questions and guide you through the process
The right real estate agent will help. At Hearon Fitzpatrick Marketing, we will help you manage the hectic holiday season to really capture the spirit and give you the best gift of all.
“Home price appreciation is on the rise in most of the country, which is welcome news for any homeowner that experienced a time when it was not. Although trends vary by region and state, the overarching trend is increased prices, according to research performed by the National Association of REALTORS® on American Community Survey data from 2005 through 2016. Price growth is strongest in the South and less so in the Northeast, and only a few states show no growth or losses. This includes Illinois, unfortunately, though the outlook has improved greatly in recent years.”
“New tax legislation that could affect the housing market is still currently being discussed and debated by the U.S. Senate and House of Representatives, but it appears that important tools used by homeowners, like the mortgage interest deduction, are in line to continue in some capacity. This continuity would be useful for maintaining a positive outlook for residential real estate.”
“The national unemployment rate registered in at 4.1 percent for October 2017. To put that in perspective, joblessness has not been this low in the U.S. since December 2000. In other positive economic news, mortgage rates have been holding steady at or near 3.9 percent. Historically, the average rate has been around 6.0 percent. Factors such as these keep the pool of potential buyers full, even during the so-called off-season of residential real estate sales.”
“The level of real estate activity should subside each week for the remainder of the year. Savvy real estate professionals not only begin to plan now for another successful year next year, but they continue to track the trends to see where prices, listings and other metrics are at relative to last year and all past years of available data. Finding reliable patterns in the trends is a sure way to be of greater service to buyers and sellers. Let’s see where those trends are in our local market.”
“Few cities and neighborhoods – around the nation and locally – are turning heads as hotbeds of new housing inventory. Residential real estate markets that have had a hard time dealing with a reduction in the number of homes available for sale are now also struggling to keep up with new listings levels from last year. While it’s true that builder confidence is up, it will take time before any sort of new development spawns a significant change in trend direction.”
By Emma Gonzalez, photos by Janet Fitzpatrick
What are the most important parts of a home? Ask several different people and you might get several different answers. We all have rooms and features that we are on the look out for. If House Hunters has taught us anything, it’s that we all have a list of items that we want for our homes. Sometimes, we just need to envision home as well. In this blog series, we are focusing on two of the biggest features that we often hear the most about: bedroom and ‘breakfast’ aka the kitchen.
BrokerBnB will take you through the intimate spaces of sleeping and eating. Enjoy pictures of our beautiful listings and see the space where you can possibly call home. In the age of apps like airbnb, we want to bring the listing to you so you can view the details and envision home.
About 1158 W Armitage Ave. Unit 302
Welcome to Hedman Lofts, a well maintained condo building in the heart of Lincoln Park. Nestled in the Armitage Boutique District, 1158 W Armitage is near an abundance of cute little shops, fine dining, and cozy cafes for your enjoyment. With the fall season upon us, 1158 Armitage is located in a very scenic neighborhood to fully enjoy the season.
The kitchen has always been described as the heart of the home. We spend hours perfecting dishes for the holidays, exploring the fridge for a nightlight a midnight snack, use the islands as a paradise of food for potlucks, and create memories that can last a lifetime.
Open floor plans can be particularly intriguing by tying your living room to your kitchen. When you are working on whipping up a kick snack for game day, you can still converse with your family and friends. 1158 Armitage, offers an extensive, stunning floor plan to meet those needs. Even a space with a classy dining room table, open to the kitchen and the living room – decorated with a fireplace. With stainless steel appliances and Italian marble counters, 1158 Armitage Unit 302 will help you capture the best parts of living.
1158 Armitage is definitely a spacious home. With three bedrooms, you can have the adequate space for your family and friends. A true home to grow in. The master bedroom is truly a suite with a California closet that can house your shoes and all your prized clothing items. The master bathroom is also completed with Italian marble, a double vanity, and a gorgeous pedestal tub with a separate shower.
Enjoy a dedicated seating area in your master suite. Envision a cool, Chicago fall day or one of our rainy weather storms. This sitting area is perfect for relaxation, nestling up with a new book, or even a workspace in your bedroom that is closed off to the rest of the place. The master suite also has that second private terrace, which is accessible through the room. With Chicago’s weather, you can be soaking up sun or feeling a cool breeze.
The other two bedrooms are also great spaces. With windows and hardwood flooring, the possibilities are endless. Whether it is your plan to utilize all three bedrooms, or fill them with other aspects of your life (like a home office, playroom, or even a home gym), 1158 Armitage is generous as a home for your creativity.
Berkshire Hathaway HomeServices KoenigRubloff Realty Group
1800 N. Clybourn Ave.
Chicago, IL 60614
© BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc. ® Equal Housing Opportunity.
Nancy Hearon 312-953-5076
Janet Fitzpatrick 312-388-4594