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Housing Market

Thursday, May 16, 2013

HGTV's 'House Hunters' Comes to Hinsdale

A Chicago couple looking for their suburban dream home in Hinsdale will be featured on the May 21 episode of 'House Hunters' on HGTV.

Hinsdale residents who watch HGTV will likely see some familiar sites on the cable channel next week. The May 21 episode of House Hunters will feature couple Amanda and Carl Ivanelli looking at and choosing from three Hinsdale homes, according to the show's website. "Our episode on House Hunters will show off lots of Hinsdale's beautiful sights as well as feature some restaurants," Amanda Ivanelli wrote in an email to Patch. "We decide between three homes in Hinsdale and talk a lot about the community!" Amanda said the filming took place over five days last November. According to HGTV's episode description, the couple previously lived in a downtown Chicago high-rise, but recently had their second child and wanted a more spacious suburban …

Friday, April 5, 2013

How Many Burr Ridge Homeowners Have Paid Off Their House?

Crain's Chicago Business reports 35.9 percent of Burr Ridge homeowners are mortgage-free and own their homes outright.

Communities with a large segment of senior citizens or high median incomes tend to have the highest percentage mortgage-free homes, according to Crain’s Chicago Business.  According to the Crain's analysis, of 3,665 Burr Ridge homeowners, 35.9 percent are mortgage-free. That's compared to 32.5 percent in Hinsdale, 26.6 percent in Clarendon Hills, 34.1 percent in Darien, and 49.1 percent in Willowbrook. Burr Ridge's number is higher than the Chicagoland average, which is nearly 26 percent. 

Wednesday, March 27, 2013

Former Blackhawk Martin Lapointe Lists Hinsdale House at $3.5 Million

The retired NHL enforcer is now the director of player development with the Montreal Canadiens, according to Curbed Chicago.

Former Chicago Blackhawks player Martin Lapointe has listed his Hinsdale home at nearly $3.5 million, according to Curbed Chicago. The home, according to Curbed, is at 119 E. Ninth St., on the south side of town.  An Estately listing on that home can be found here. The home has 18 rooms, including seven bedrooms and 6.5 bathrooms, and was built in 2008.  Curbed reports Lapointe purchased the home in 2011. "A respected enforcer in his three seasons with the Hawks, Lapointe came back as a pro scout in 2009 and signed on with the Montreal Canadiens as Director of Player Development in 2012," the Curbed article reads. See the full Curbed story here. Lapointe won two Stanley Cup titles with the Detroit Red Wings. According to HockeyDB, Lapointe…

Thursday, March 21, 2013

Burr Ridge Housing Market Has Another Strong Month

The number of homes sold in Burr Ridge last month was nearly triple what it was one year before, according to the Mainstreet Organization of Realtors.

The 11 detached, single-family homes sold in Burr Ridge during February 2013 represented a 175 percent increase over February 2012, when four homes were sold, according to the Mainstreet Organization of Realtors (MORe). The number was slightly down from January 2013, when 12 homes were sold. The median price of homes sold was also up in Burr Ridge. The median price rose 84.3 percent year over year, from $317,500 in February 2012 to $585,000 in February 2013. The market for detached, single-family homes in suburbs throughout DuPage County saw growth in January, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Overall across the Chicago suburbs, sales of single-family detached homes rose 37.5 percent in January over the…

Friday, February 22, 2013

Realtor on Teardown Trend: Classic Homes 'Keep Hinsdale Unique'

Members of the Hinsdale Historic Preservation Commission spoke about the value of the village's old homes and why it's important residents be informed about how they can be preserved.

John Bohnen says Hinsdale is all about history and its classic houses are a big reason why. “It gives the town a sense of being as opposed to Plainfield, Illinois, [which] grows out of a cornfield,” said Bohnen, a historic preservation commissioner. “There’s a history to this town. A lot of what this town is, and what people like about it, is an outgrowth of history.” Bohnen owns County Line Properties and, as Patch reported last summer, has lived in a neo-classic Georgian on 1st Street for the last 38 years. He opined about the teardown trend after village trustees earlier this month discussed the likely demolition of the 122-year-old home at 206 N. Washington St.  The 206 N. Washington home was sold through Teardowns.com, a Clarendon …

Teri D. Springer

9:40 am on Saturday, February 23, 2013

Thank you, John...my feelings exactly.   more ›

Thursday, February 21, 2013

Burr Ridge Housing Market: January Sales, Median Price Up From 2012

The number of home sales in Burr Ridge increased by 50 percent year-over-year from January 2012 to January 2013, according to numbers supplied by the Mainstreet Organization of Realtors.

The 12 detached, single-family homes sold in Burr Ridge during January represented a 50 percent increase from January 2012, when eight homes were sold, according to the Mainstreet Organization of Realtors (MORe). Sales in January were also up from December 2012, when seven homes sold in Burr Ridge. And there's more good news. The median price of the Burr Ridge homes sold in January ($679,918) was 35.7 percent higher than the median price in January 2012 ($500,950).  Overall, the market for detached, single-family homes in suburbs throughout DuPage County saw growth in January, MORe reported. MORe gets its statistics from Midwest Real Estate Data. Glen Ellyn saw the largest percent increase, with 312.5 percent more homes sold year over year…

$1.4 Million Burr Ridge Home on Market: House Hunt

Patch has a look at some of the homes included among AOL Real Estate's Burr Ridge listings.

Check out three of the pricier new listings in Burr Ridge posted to AOL Real Estate. Get a better look at these homes' exteriors and interiors by peeking at the pictures to the right. 8610 Crest Ct., Burr Ridge: $1,375,000 8963 Enclave Dr., Burr Ridge: $1,249,000 6822 Fieldstone Dr., Burr Ridge: $1,099,000 - - - - - - - - - - - - - - -  There are plenty of ways to keep up on Burr Ridge news: See also:

Monday, February 18, 2013

Locally Owned

Teardowns.com 'A Disruptor' in Real Estate Industry, Owner Says

Hinsdale resident Brian Hickey started Teardown.com in 2001 to directly connect sellers of property with redevelopment potential with interested buyers.

Brian Hickey pointed to an old black-and-white photograph of downtown Chicago above his desk in Clarendon Hills. “You take a look at that skyline, it doesn’t look like it looks now,” Hickey said, referring to buildings in the picture that no longer stand. “They were replaced by something.” Though controversial in towns like Hinsdale and Clarendon Hills, redevelopment is natural and the product of a “constantly evolving” market, the longtime Hinsdale resident and founder of Teardowns.com says. Hickey’s bluntly named business aims to serve that market by connecting sellers who own property with redevelopment potential with interested buyers. “It’s not balloons and open houses,” Hickey said of his company’s real estate niche. “This is a …

brian hickey

9:26 am on Saturday, February 23, 2013

Gigi, As you suspected, the business started after I tried to sell my Hinsdale home/property directly to builders (wanted to bypass the commission) - what I learned and we have proven over time is that the easiest way to undersell property is to sell without any competition and exposure to all the targeted buyers (builders, investors and individuals - builders are not always the best buyers) that…   more ›

Thursday, February 14, 2013

Teardowns.com Owner Defends Sale of 122-year-old Hinsdale House

Brian Hickey said that if a beautiful home goes up on the property, "you won’t hear anything about the old [house]."

The owner of the company that facilitated the recent sale of a 122-year-old Hinsdale home for redevelopment says the most important aspect about the transaction is not the age or style of the home, but the satisfaction of the buyer and the seller. Teardowns.com was behind the recent sale of the 206 N. Washington St. property, which got public attention last week when several members of the Village of Hinsdale Board of Trustees voiced disappointment that the home on that land, built in 1890 by a Civil War veteran, was slated for demolition. READ: Potential Teardown of 122-year-old Hinsdale House Gets Trustees' Attention Brian Hickey, who founded Teardowns.com in 2001 to connect sellers of property with redevelopment potential with …

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brian hickey

3:19 pm on Thursday, February 21, 2013

I was trying to stay out of this, but if I'm going to take a bullet, at least I want to face the shooter.....:) Jason, As Mr. Bohnen pointed out, Hinsdale's Historic Preservation Commission meets at 5:00 on the second Tuesday of each month in Memorial Hall - IMO, that's the best place to vent and talk solutions for preservation. While you're at the meeting can you tell them to run Starbucks out …   more ›

$2.6 Million Burr Ridge Home Among New Listings: House Hunt

Patch has a look at some of the homes included among AOL Real Estate's Burr Ridge listings.

Check out three of the pricier new listings in Burr Ridge posted to AOL Real Estate. Get a better look at these homes' exteriors and interiors by peeking at the pictures to the right. 480 W. 62nd St., Burr Ridge: $2,599,000 6185 Wildwood Ln., Burr Ridge: $1,600,000 250 Forest Edge Ct., Burr Ridge: $1,590,000 - - - - - - - - - - - - - - -  There are plenty of ways to keep up on Burr Ridge news: See also:

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