Steve Hasselbeck, Realtor

MEDIAN SALES PRICE DOWN WEEKLY, UP ANNUALLY
The median residential sales price dropped 2% week-over-week in MRED's Chicagoland area marketplace last week. That total still marked a 6% year-over-year increase, but it was the lowest weekly total since April. If you're thinking of buying or selling in the Chicagoland area, message me at 630.415.6577
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If this is you and you're looking to downsize in the Chicagoland area, message me at 630.415.6577
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These Chicago boomers are saying goodbye to big homes Millennials want those family-sized homes.

🏡 Buying a home is one of life’s biggest decisions - having the right agent by your side makes all the difference. I’m here to guide you through every step, from understanding the market to negotiating the best deal. Let’s find your dream home together! 630.415.6577

September – REALTOR® Safety Month
Safety is one of our top concerns, which is why Coldwell Banker® affiliated agents maintain important safety plans and standards, ensuring homeowners an exceptional buying and selling experience. Message me at 630.415.6577
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Our ancestors fought hard to earn the safe and sanitary working conditions we get to enjoy today. Cheers to tenacious, hardworking Americans – past and present! You don't have to work in a factory or belong to union to appreciate the 40 hour work week, paid time off and much more that began with the labor movement.

It was a great night at Chicago Jazz Fest featuring Jeff Parker, Renée Marie and Kenny Garrett (and friends Arlene and John McEntegart).

What REALTORS do after your client's offer is accepted beating out two other offers. Chicago Jazz Fest...

ARE WE HEADING INTO A BALANCED MARKET?
The housing market has favored sellers for the past few years, but with inventory now growing, could that be changing? Here's what you need to know.
WHAT IS A BALANCED MARKET?
A balanced market typically has a five-to-seven-month supply of homes for sale, meaning neither buyers nor sellers have a clear advantage. Prices stabilize, and there are more homes to choose from. After years of sellers holding all the cards, a balanced market would be a welcome shift for buyers. But are we heading there?
CURRENT MARKET CONDITIONS
Starting the year with a three-month supply, national inventory has grown to four months. While still a seller's market, it's less frenzied than before. Mark Fleming, Chief Economist at First American, notes that increasing housing supply improves affordability and weakens the seller’s market. However, the increase in inventory is not enough to cause a market crash.
IMPACT ON BUYERS AND SELLERS
According to Lawrence Yun, Chief Economist at NAR, homes are staying on the market longer, sellers are getting fewer offers, and buyers are demanding inspections and appraisals. This indicates a shift towards more balanced conditions.
HOW A REAL ESTATE AGENT CAN HELP
Market conditions vary by location. A local real estate agent can provide insight into your area’s market, giving you a clearer picture of what to expect. Whether buying or selling, understanding these market shifts can offer a significant advantage. Your agent has the latest data and local insights to help you navigate these changes effectively.
BOTTOM LINE
The real estate market is always evolving. Staying informed about shifts toward a balanced market can benefit both buyers and sellers. For more information or expert advice in the Chicagoland area, contact me at 630.415.6577 or visit stevehasselbeck.com.

RESIDENTIAL CONTRACTS DIP
Last week, 2,607 residential contracts were reported in MRED's Chicagoland area marketplace. That total was a 10% week-over-week decrease along with a 1% year-over-year increase. It was also the second consecutive week of declines in that metric, as well as the lowest single-week total since February. Click on the image below to see more. Message me at 630.415.6577 if you're thinking of buying or selling and need expert advice.
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Determined to fulfill the need for honest, empowering, knowledgeable real estate professionals, Colbert Coldwell founded our company on this date, 118 years ago. Over a century later, those values still hold true. Happy birthday to the Coldwell Banker® brand!

NEW RESIDENTIAL LISTINGS AT SIX-WEEK LOW
The 5,205 new residential listings in MRED's Chicagoland area marketplace were a 10% week-over-week decline and a 2% annual dip. It was also the lowest total since the first week of July. Click on the link below to see more. If you're thinking of selling, now is a great time. Low supply + high demand means higher prices. 630.415.6577
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In a sea of market challenges, the power of Coldwell Banker Realty is the steadfast navigator. ⭐ Whether buying or selling, we specialize in guiding you through the complexities of even the toughest market conditions. I'm here to find the perfect home that fits your needs - let's connect today! 630.415.6577
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Roll call! If you need to get your kids settled into your next home before it’s time to kick off their new classes, contact a Coldwell Banker® agent today. When time is limited, our agents offer exceptional guidance and will ensure your transaction is closed seamlessly. Visit ColdwellBankerHomes.com today or message me at 630.415.6577.
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Congratulations to my clients, Christina and Tim on the purchase of their suburban home! Can't wait to see how you make it your own.

Boost Your Home’s Value with These 6 Tips!�
✨ Clean & Declutter�🌿 Enhance Curb Appeal�🎨 Fresh Coat of Paint�🍴 Kitchen Updates�💡 Energy Efficiency �🛋 Home Staging
When selling homes, small changes can make a real impact. Through our RealVitalize® program, you can access Angi’s network of trusted professionals which offers more than 500 types of services nationwide. With no fees or interest, sellers can enhance their home without incurring any upfront costs. *

Contact me today to learn more about this amazing program! 630.415.6577

Need some good Italian cooking?

Click on the image below to watch a brief video about rates, jobs/labor, unemployment, Fed Rates forecast, home prices and homes for sale inventory. With mortgage interest rates coming down, now may be the time to buy and/or list your home for sale. Message me at 630.415.6577
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Markets in a Minute Enjoy this quick update on what's going on in the housing and financial markets.

Our nation’s waterways, coastlines and international waters have been safe and secure since 1790, thanks to the U.S. Coast Guard. We send our sincerest gratitude to all those who serve unwaveringly to protect our country.

Roll call! If you need to get your kids settled into your next home before it’s time to kick off their new classes, contact a Coldwell Banker® agent today. When time is limited, our agents offer exceptional guidance and will ensure your transaction is closed seamlessly. Visit ColdwellBankerHomes.com today or message me at 630.415.6577
stevehasselbeck.com

RESIDENTIAL ACTIVE LISTINGS REACH HIGH POINT
The 41,472 active residential listings in MRED's Chicagoland area marketplace this week marked the largest total of 2024. That total also eclipsed all recorded totals in that metric since November of 2022. If you're looking to buy, now may be the time with more properties to see. Message me at 630.415.6577.
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Not long ago, one of my clients won a $500 Wayfair Gift Card. Now I'm teaming up with Coldwell Banker Realty to give my clients a chance to win a Target Gift Card. In total, we're giving away $9,500 in Target Gift Cards. Click the image to enter for a chance to win. You can't win if you don't enter. Good luck!

Back-to-school shopping with a Target GiftCard in your pocket!

NEW LISTINGS BOUNCE BACK AFTER HOLIDAY WEEK
A total of 6,500 new residential listings went live in MRED's Chicagoland area marketplace last week following the holiday. That mark was the largest single-week total of 2024, also outpacing the previous year during the same span by 9%. Click on the image below to see more info. If you're thinking of selling, act now while it's still a seller's market. Message me at 630.415.6577.
stevehasselbeck.com

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Addams Family Musical featuring Patrick Hasselbeck as Lurch. Great show!

It’s 247 years today since the Declaration of Independence was signed. We’re grateful to celebrate freedom across the USA this July 4! 🎉🎆✨

Reach out with kindness and love making this universe a better place to live and share for future generations