2015 Year in Review

2015 Year in Review-SiteHeader2
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17 Million in Volume

54
Total Units Sold
35
List Side/19 Buy Side
43
Average Days on Market
97.2%
Average List Price to Sale Price
2015 Year in Review-RedLine

Chicago New Properties Builds
with Habitat Chicago

Karen and Laura put their years of experience
with new construction homes to work as team
leaders at Habitat Chicago’s Women Build Event
and help build a home for a single mother and
her family in the West Pullman neighborhood.
Chicago New Properties was in the top ten of
the highest fundraising teams and exceeded
their personal goal by 120%.
2015 Year in Review-RedLine

Fermin Saucedo Joins
Chicago New Properties

Fermin began his real estate career in 2005
on the
construction and customer service side
of the business, working for one of the nation’s
largest Builders. After spending a few years
learning the intricacies of construction and
building homes he moved over to sales.
In 2012 Fermin shifted his focus to real estate
investment and has helped his Investor clients
average leveraged returns of 20% of more per year.
2015 Year in Review-RedLine

Featured in Chicago Agent Magazine

Karen and Laura were featured in Chicago Agent
Magazine’s
annual Who’s Who in Residential
Real Estate issue and ranked number 8 in the
Top 10 Most Popular Who’s Who Profiles in 2015.

2015 Year in Review-RedLine

 

 

Real Estate Unscripted: Buy Low and Renovate

REAL ESTATE UNSCRIPTED: Buy Low and Renovate

We helped my aunt purchase a condo in a development in Willowbrook called Lake Hinsdale. She wanted to downsize into a home where she could have a smaller mortgage (or pay cash) and have less maintenance. She plans to retire in the next 5 years and this will help her towards that goal.

BEFORE

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The 7 buildings in Lake Hinsdale were built in the late 1970’s, so there were few that were updated, but they always sold at a premium and with multiple offers. She purchased a unit priced well below the updated units and we worked with 4-D Development to gut the entire place replacing the kitchen & baths and adding hardwood to the entire 1510 square foot unit.  We painted it with neutral colors added a stone over the existing brown brick fireplace and added new light fixtures.  I would say that she now has one of the nicest (if not the nicest) condos in the entire complex.

AFTER

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We had already sold her current home, so she didn’t have time to wait for more to come onto the market. We set up a leaseback agreement with the buyers of her single family home so she didn’t have to move twice.  4-D was able to finish the renovation in 2-3 months.

COMING SOON: 83 S Chase Ave, Lombard, IL

COMING SOON: 83 S Chase Ave, Lombard, IL

3 beds | 2 baths | 1,709 sqft | $299,000

Stunning, updated home on quiet, quaint street just 1/2 mile to the Park District pool and park and blocks to Prairie Path, Great Western Trail, Lombard Commons and Oak Brook mall. Walk into this Pottery Barn like home and never leave.

Exterior  LivingRoom

Spacious and new kitchen with cabinets lining both walls, granite countertops, stainless appliances and more. Two living areas, 3 bedrooms, 2 recently remodeled baths and more in this charming single family home. Tons of storage in the crawl space and 2.5 car garage with pull down stairs leading to attic storage. Large yard and new landscaping and fence.

Kitchen  Kitchen2

It’s hard not to fall in love. Move right into this beautiful home.

Contact us about this property:
Laura McGreal
laura@chicagonewproperties.com
224.374.9408

Expected on market January 12, 2016.

 

Real Estate Unscripted: Pre-Selling Out of the Gatehouse

REAL ESTATE UNSCRIPTED: Pre-Selling Out of the Gatehouse

I was 7 months pregnant when my partner and I were preparing to Grand Open a new 52 home development in Burr Ridge. Due to timing with permits, our model was not complete in time for our planned June date. To avoid missing opportune summer market sales, the developer had us pre-selling out of the gatehouse at the frPhoto by Rudy Girón - AntiguaDailyPhoto.comont of the development. Imagine a 5 x 5 space with a pregnant woman, potential buyers (sometimes 2-3 together) and 5 large sets of blue prints for each model we were selling… To say the least, it was an interesting experience, but we made the best of it!

Within 30 days, we had 5 homes pre-sold and the developer was promising year-end occupancy for these new home purchasers. It was a stressful few months, but selections were made by the time I left for my maternity leave (which also happened to be my due date). Construction on the homes had not started by the beginning of September so buyers were anxious thinking there was no chance they would be in by year-end.  Having worked for a large national builder for 10+ years, we knew they could make it happen.

By the end of the year, all 5 of these buyers were celebrating the year-end in their completed, new construction homes!

 

Real Estate Unscripted: City to Suburbs, New Construction, and New Baby – Whew!

REAL ESTATE UNSCRIPTED: City to Suburbs, New Construction, and New Baby – Whew!

As a sales associate for a national home builder, one day a nice young couple came into one of our suburban development communities. They were renting in the city, and had recently gotten married and now were expecting their first child. We hit it off immediately with lots of common interests in the city. They were really nice and great to talk to but they were also really nervous about making the transition from the city to the Smiling-Young-Pregnant-Couple-in-New-Home-Construction-Site1-CROPPEDburbs. I explained that the majority of buyers were people just like them who were hesitant about making the move to the suburbs, but it was going to be a really great next new chapter for them and their family. I spent about 3 weeks going through the entire sales process with them showing them what floor plans might be best for them as well as which homesites we had available. We went through the design process selecting all their upgrades and finishes. This was all prior to them signing a contract – I wanted to make sure they felt comfortable moving forward, as this was their first home. I also had the pleasure of meeting many of their family members and was happy answer questions from parents, uncles, and friends. I made myself very available to this couple and I was quick to respond to daily text messages. I wanted them to know they could trust me and I would be there to help throughout the entire process. They thanked me all the time for being so helpful for them.

They were very involved in the building process, coming in every weekend to go through the model again and to see the progress on their home. As we got closer to the closing, their stress levels started to rise and anxiety started to set in.

The week of the closing she wanted me to open the home for them so their cable person could get in. First, outside vendors aren’t allowed to come into the home before closing, and second, the construction team takes away all keys the week of closing so that any final work can be performed on the home and it looks perfect at closing. There were a couple of angry calls to me and my construction manager and after the closing, a not so complimentary customer service survey.

Not long after the closing the baby was born. I sent them a gift and called to congratulate them and they both apologized profusely and said that they were going crazy with moving, having the baby, and closing on their home all at once and they were actually very happy in their new home and we had all been excellent to work with. This just shows that even the most normal buyers can get a little crazy with all the work that is involved with buying a new home.

 

Another perk of single family home ownership? You can build a “She Shed” in your backyard.

Another Perk of Single Family Home Ownership? You Can Build a “She Shed” in Your Backyard.

A What?!
Similar to (but better than) an indoor Man Cave, She Sheds are backyard sanctuaries, havens, escapes, retreats…just for women.

For What?!
Reading, crafting, meditating, doing yoga or any other me-time activities.

Take a look at some She Shed inspiration we like:

A photo posted by Nordic House (@nordichouse) on

A photo posted by Alexis King (@cakesandtwy) on

A photo posted by @my.pretty.inspi on

A photo posted by Kim_Konen (@kim_konen) on

Are you longing for a She Shed of your own? We’ll help you find a great single family home with a perfect backyard.

Contact us: info@chicagonewproperties.com | Follow us: Twitter and Instagram

Which wedding gift would you prefer? Sheets, towels or a down payment for a new home?

Which wedding gift would you prefer? Sheets, towels or a down payment for a new home?

Many engaged couples are passing on traditional registries focused on housewares and are creating wedding gift registries where friends and family can contribute to the down payment of a new home.

Two popular gift registry sites for homes are Hatch My House and Feather the Nest.

Hatch My House is an online gift and down payment registry. A registry where anyone can sign up, customize a house and start saving towards a home down payment, renovation or decor. Whether you are planning a wedding and saving for a home, renovating your condo, or raising funds for a home lost, Hatch My House is the way to own the home of your dreams.

By signing up for a Hatch My House account, you engage your family and friends in a fun, interactive way. Your family and friends can visit your house page and purchase a part of your ‘dream’ house e.g. a window for $75 or a door for $125. They leave the site knowing that the start of a great new life in a beautiful home is close within reach! Read More

Feather the Nest Now friends and family can help you build a better life that appreciates in value over the years instead of collecting dust. Normally when you have a reason to celebrate, whether it’s a wedding, birthday, baby shower or just a moving into your first home, people send you gifts that often go unused for months and sometimes get used less than once a year.

Now, you can “register” at Feather the Nest and build something together that can be used everyday by everyone including the loved ones that help you build it. Read More

 

Interested in touring new homes? Chicago New Properties has over 10 years of experience with one of the top homebuilders in the country and we have the knowledge and expertise to advise you, negotiate for you, and guide you through the new home buying process.

Contact us: info@chicagonewproperties.com | Follow us:  Twitter and Instagram

Go Green With These 5 Homebuilders…

Go Green With These 5 Homebuilders…

Energy efficiency, improved indoor air quality and water conservation are just a few features that contribute to the building of a green home. Homebuilders are increasingly building green and according to a report from McGraw-Hill Construction green homes are expected to comprise 29 to 38 percent of the new-home market by 2016.

  1. David Weekley Homes – EnergySaver Homes
    Our EnergySaver™ homes offers homebuyers a unique combination of energy-efficient building techniques and principles to create a tighter home that is friendlier to you, the environment and your pocketbook. Read more…
  2. Lennar – Everything’s Included Program
    Energy efficiency shouldn’t be an upgrade. What saves you money can also help save the environment, so Lennar homes include a wealth of green features that add a lifetime of value with no additional cost to you. From Energy Star appliances, to WaterSense faucets, to Low-E glass windows, Lennar’s cutting-edge green building features greatly enhance the quality of your home, while decreasing your monthly utility bills. Read more…
  3. M/I Homes – Whole Home Program
    The Whole Home program is a set of green building standards that go into every new M/I home. We take the local building code and the standards outlined in Energy Star and we extend them with our own standards. The result is an independently certified home that’s cost efficient, clean, green and healthy. Read more…
  4. Pulte Homes – Pulte Energy Advantage
    Built with you and the environment in mind. Pulte homes are up to 30 percent more energy-efficient than the average existing home. The result is more comfort, less waste. Read more…
  5. Toll Brothers – Toll Green
    The homes and communities we build also include consideration for the environment. We have adopted a company-wide philosophy and, a commitment to all of our home buyers that we will design beautiful homes in ways that reduce environmental impact and provide energy savings, long-lasting value and comfort. Read more…

Interested in touring green new construction homes?
Don’t forget…Homebuilder sales agents represent the builder, Chicago New Properties represents YOU.

Chicago New Properties has over 10 years of experience with one of the top homebuilders in the country and we have the knowledge and expertise to advise you, negotiate for you, and guide you through the new construction home buying process.

Contact us at info@chicagonewproperties.com | Follow us on Instagram and Twitter

How to Move Into a New Construction Home in 3 Months or Less

How to Move Into a New Construction Home in 3 Months or Less

Quick move-in homes, also sometimes referred to as spec homes, quick delivery homes and move-in ready homes, are new homes offered by builders that are in various stages of construction and can be available for move-in from 3 months out to immediately.

In addition to a quick move-in, there are other benefits to choosing a quick move-in new construction home:

  • If you’re a move-up buyer you can sell your current home first
  • If you’re a first time buyer you can time your purchase and move-in based on when your lease is up
  • Depending on how far along the home is you may still be able to select some finishes including flooring, paint colors, counters, and even appliances
  • Quick move-in homes are under warranty by the homebuilder including workmanship, appliances and furnaces

Take a look at the suburban quick move-in homes offered by these homebuilders:

Interested in touring quick move-in homes? We are happy to accompany you. Don’t forget, homebuilder sales agents represent the builder, Chicago New Properties represents YOU.

Chicago New Properties has over 10 years of experience with one of the top homebuilders in the country and we have the knowledge and expertise to advise you, negotiate for you, and guide you through the new construction home buying process.

Contact us at info@chicagonewproperties.com | Follow us on Instagram and Twitter

Why You Need a New Construction Home Advisor

Why You Need a New Construction Home Real Estate Advisor

Purchasing a new construction home is an exciting and emotional process, but don’t forget it’s also a business transaction; one that you may have never done before or only once or twice before, however homebuilders do this every day. In any business transaction, especially a big ticket financial transaction, you should have an experienced advisor on your side representing your interests.

  • Buying a new home? An experienced real estate agent is essential.  Washington Post
  • I’m Buying a Newly Built Home – Do I Need a Realtor?  Realtor.com
  • Why You Need a Qualified Realtor When You Build A New Home.  Street Directory

All homebuilders allow you to work with your own agent as long as your agent accompanies you on your first tour or you provide the homebuilder with your agent’s information.

Interested in touring a new home construction community? We are happy to accompany you.

Don’t forget, homebuilder sales agents represent the builder, Chicago New Properties represents YOU.

Chicago New Properties has over 10 years of experience with one of the top homebuilders in the country and we have the knowledge and expertise to advise you, negotiate for you, and guide you through the new home construction buying process.

Search for new construction homes | Contact us at info@chicagonewproperties.com | Follow us on Instagram and Twitter