Happy Father’s Day in Hinsdale

June 15th, 2013

Fathers Day

Just Listed Contemporary Urban Estate

June 10th, 2013

 

312 N. Franklin, River Forest, IL

MLS: #08365045
6 bed | 3.1 bath | 5,000 sq. ft.

$1,395,000

 

“Intriguing” Contemporary Urban Six Bedroom Estate! Incredible Architecture on an Oversized Double 90×178 Lot! Wonder overcomes one to know what lies beyond these steel doors & expansive windows. Come & be fascinated with all the compelling modern qualities. The rear reveals a contemporary glass facade, expansive patio, balcony, 3 car garage, fenced yard & open solidly-constructed completely updated interior! Beauty!

MONTHLY DIGEST | The Benefits of Townhome Living

May 11th, 2013

When looking for a new home, both novice and seasoned buyers can find something special in a townhome. Chicago has seen a burst of energy in the townhome market in recent months. With offerings from super-affordable to splendid luxury, townhomes are available in all parts of the west Chicago suburban area, and they come with big benefits, too.  As homeowners became more environmentally conscious, they realized that townhomes are more compact and would, therefore, require less energy to maintain. Builders began expanding the housing options, and today these homes occupy a place between a condos and single-family residences. In addition some Suburban Chicago townhome communities also have the added value of exterior amenities such as security, swimming pools, gyms and clubhouses. Townhomes might be affordable, but that does not mean they lack luxury and design. Townhomes can offer courtyards, and some row townhomes even have an elevator for convenience.  In many cases, homeowners are more than willing to give up a larger single-family home in favor of a luxurious townhome. There has been a trend toward smaller square footage with finer appointments. Chicago has seen a diverse range of buyers who choose townhomes. Some mature townhome buyers are downsizing from a large single-family home, while some buyers are first-time homeowners who want privacy without the shock of too much maintenance. Other buyers are parents who want to buy in a great neighborhood for the school district and even parents who buy townhomes for their children to live in while in college. People who are frequent travelers often find the ease of townhome living an excellent choice, as well. Most townhome buyers make their selection based on location, and it’s often a location they could not have bought into in a single family home. What really makes townhomes attractive is the location. Location is critical to the townhome buyer, and they will often choose an attached home due to a location close to the places they work, shop and play. When purchasing a townhome, homeowners are buying a lifestyle and should be prepared to stay in the property for a good five years. A buyer also needs to pay special attention to the monthly homeowner’s association fees and the covenants and restrictions for each community. A purchaser should also look to see if the community’s ownership is condominium or fee simple. With a fee simple home, the owner actually owns the land on which the home sits, which gives the owner more maintenance and responsibilities, but generally a lower monthly association fee. Some townhome communities, however, are structured like condominiums in which the land is jointly owned. In condo townhomes, the association takes care of maintenance, but monthly fees are usually higher. So many things to think about, but never fear Sothebys Luxury Home Team can help. 

Spring presents the colors worthy of a masterpiece.

May 10th, 2013

It’s hard to believe it’s already that time of year again, where you can enjoy the magnolia flowers in bloom, enjoy a round of golf in the afternoon and then end your day off with a bike ride thoughout the streets of Hinsdale or a picnic at Graue Mill. Springtime in Hinsdale is certainly not to be missed. The home yards are being freshly mulched and the tulips or starting to rise. Over the past month Hinsdale saw 42 sales take place, even compared to the 42 sales that took place during this same time in 2012 and above the 34 sales that took place over this period in 2011.

New Stats & Activity

As always, see below for new listings and recent sales in Hinsdale. We have also included our new listing and this week’s featured property, a beautiful six bedroom 5,300 square foot majestic stone and brick tutor located hilltop amongst the trees in the neighboring town of Indian Head Park! Listed at $979,900. This property is exceptional in so many ways.

New Listings (7 days)

Recent Sales (7 days) 2013

Feature Listing

In honour of Mother’s Day that is upon us, we are giving away two prizes of one free bouquet of spring flowers delivered to your home.There are a few ways to enter:

View our new listing on the Crawford Group Sothebys website by clicking here, and “like” or “Tweet” the post and comment saying you have done so.

Comment on our Facebook page. Be sure to do so by Monday, May 6th!

Wishing everyone an absolutely awesome weekend! We’re looking forward to seeing you around town.

Spring’s natural beauty prompts quiet, new beginnings that intrigue mankind. If this time of year finds you beginning to consider a new residence, allow us to assist. We are members of the Sotheby’s International Realty® network and take great pride in artfully uniting extraordinary homes with extraordinary lives.

Best regards,

PAULA and CARLA, Sothebys Luxury Home Team • 630.413.5504 • CIARDELLIandSTEUCK@CrawfordGroupSIR.com

Realtor Broker Associates, CRS, GRI, e-PRO • Luxury Living. Metro Chicagoland Areas. Hinsdale & the Western Suburbs

773.490.6889 Paula
630.842.8812 Carla
www.CARLAandPAULA.com

New Listing: 133 Indianwood Lane, Indian Head Park, IL

May 10th, 2013

133 Indianwood Lane, Indian Head Park

29W475 Big Woods Drive, Warrenville, IL 60555

April 8th, 2013
$269,900
 
2 Bedrooms + Loft
| 2.5 Baths
Full Finished Basement
  2 Car Attached Garage

Close of Winter in Hinsdale, IL presents colorful outlook.

March 29th, 2013

Yes, spring has officially arrived!

Not only is it time for some spring house cleaning, your yard needs it too. People’s first impression when they pull up in front of your house is how well you maintain the exterior of your home and yard. So break out that rake, your gloves, shears, and lawn mower. It’s time to pick up all the loose branches on the ground, rake up those leaves, prune overgrown shrubs, pull weeds, and fire up the lawn mower. You may want to spread a fresh layer of sod/compost around the beds to prepare the ground to plant new perennials and promote growth of current annuals and shrubs. I suggest planting pansies. They are colorful, strong and do well in shade or sun, and don’t need much watering.

Market Overview

Freddie Mac predicts the healthiest housing spring since 2007. Continued low mortgage rates and improving consumer confidence are all factors contributing to increased home sales heading into the spring home buying season, according to Freddie Mac’s March economic and housing outlook. Compared to 2012, Freddie Mac expects home sale to increase 8% to 10% in 2013.

The Hinsdale market continues to move right along. There is still quite a bit of activity and prices continue to remain fairly constant, in line with where they have been over the past few months. Take note that the volume in sales took quite a dip in the 2011/2012 winter of last year, but the sales volume has increased substantially and back a couple of years ago in the winter of 2010/2011.

To put things into perspective, we have outlined some stats for you below.

Dec to March Sales Stats, 2011 – 2013

  • Dec 2010 – March 2011:
    • 65 sales
    • Average price = $1,142,694
    • Average market time = 197 days
    • Maximum sold price = $4,650,000
    • Total sales in $ amount = $74,275,085 million
  • Dec 2011 – March 2012:
    • 77 sales
    • Average price = $735,570
    • Average market time = 246 days
    • Maximum sold price = $4,500,000
    • Total sales in $ amount = $56,634,301 million
  • Dec 2012 – March 2013:
    • 78 sales
    • Average price = $901,707
    • Average market time = 188 days
    • Maximum sold price = $3,575,000
    • Total sales in $ amount = $70,333,175 million

As of today there currently are 189 properties for sale, while only 14 units have expired off the market in the past three months of winter. Hinsdale is looking forward to another 79 closings soon as they are under contract moving toward a closing. Coupled with what Freddie Mac is saying about a promising tomorrow and interest rates remaining low, this makes for a very interesting market in Hinsdale for the spring season.

New Stats & Activity

Have a look at the links below to see what has sold and what has been listed recently in Hinsdale. When a home sells in Hinsdale the overall Original List Price to Actual Selling Price is currently 88%, but jumps to 95% after the proper price adjustments have been made to get the home sold. The average market time for this to happen is now showing 141 days.

Recent Purchased in Hinsdale

New Listings (within 7 days)

If you love to stay up on the market, you can CLICK HERE and sign up! Updates will come based on your criteria right to your email. And now, our big announcement– we are proud to announce the launch of our new Ciardelli and Steuck, Hinsdale Luxury Home Team, HinsdaleLiving60521 Facebook page. Like our page and stay updated on our team’s activities! We encourage you to provide feedback on our Facebook page. 

Wishing everyone a tremendous week and a very safe and enjoyable weekend!  If you are in the market for a new residence, allow us to assist. We are a members of the Sothebys International Realty® network and take great pride in artfully uniting extraordinary home with extraordinary lives.

Best regards and Happy Easter Weekend,
Paula and Carla