Just Sold: Magnificent Mid-Century Hinsdale Home

900-oakwood-terr-hinsdale
900 Oakwood Terrace, Hinsdale

McCleary Group is pleased to announce the sale of 900 Oakwood Terrace in Hinsdale!  This beautiful, 5-bedroom, 3.5-bath, Mid-century modern home was thoughtfully renovated and expanded, perfect for everyday family living as well as entertaining guests. The home’s new, white chef’s kitchen boasts stainless steel appliances, marble and granite countertops, breakfast bar and adjacent dining room. The huge family room opens to a back yard oasis. The recreation room is equipped with gorgeous full wet bar. Even the over-sized laundry room is impressive with ample cabinetry and built-in storage. Outside, the property features extensive, serene and lush landscaping, with multiple patios in the front and back!  To see more details about this home, please click here.

Other Recent McCleary Group Sales

707 E 7th Street, Hinsdale, IL
707 E 7th Street, Hinsdale, IL

 

605 E 3rd Street, Hinsdale, IL
605 E 3rd Street, Hinsdale, IL

Please visit McClearyGroup.com for more luxury homes for sale in Hinsdale!

McCleary Group Helps Clients Find Dream Homes!

The 2016 real estate market started off strong for McCleary Group.  The team is happy to have helped its clients close on their dream homes in Hinsdale, Burr Ridge, Oak Brook, and across the western suburbs. Below are just a few of the amazing properties McCleary Group has had the pleasure of doing business with, and the year is not over yet!  If you have questions about listing your luxury home before the end of the year, McCleary Group encourages you to reach out. You can contact them here.

SELLER CLIENTS

312 East 7th Street, Hinsdale, IL – $3,000,000
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434 S Vine, Hinsdale, IL – $1,641,750434 S Vine Street Hinsdale, IL
605 East 3rd Street, Hinsdale, IL – $1,550,000
01_605e3rdst_57_frontview_lowres
3517 Madison Street, Oak Brook, IL – $1,550,000 3517 Madison Oak Brook 1
6231 Cove Creek Court, Burr Ridge, IL – $1,415,000
6231 Cove Creek Court, Burr Ridge, IL
534 N Oak Street, Hinsdale, IL – $1,285,000534-n-oak-street-hinsdale


BUYER CLIENTS

524 N Vine, Hinsdale, IL – $1,325,000524 N Hindale, IL
807 S County Line Road, Hinsdale, IL – $1,275,000807 S County Line Road Hinsdale
372 May Avenue, Glen Ellyn, IL – $924,000372 May Ave, Glen Ellyn
409 Bonnie Brae Road, Hinsdale, IL – $900,000409 Bonnie Brae Hinsdale

Why NOW is the Right Time To Buy a Home

Home Owners

Clients often ask McCleary Group when they should make the transition into a new home. The truth is, there is no time like the present!  Jobs, increased inventory, low mortgage rates and inflation are all factors influencing the current real estate market.

JOB MARKET IMPROVING
The Bureau of Labor Statistics says the national unemployment rate in June was 4.9 percent, down from 5.3 percent this time last year.  In Illinois, the jobless rate remains low, down slightly from the national average, at 4.8 percent.  As the workforce steadies, consumers are more likely to make big life changes like buying a new home.

INCREASED INVENTORY

2016 has been quite a year when it comes to luxury homes for sale in the western suburbs of Chicago.  As you can see from the above graph, Hinsdale, Clarendon Hills, Western Springs and Burr Ridge have all seen a significant up-tick in new listings. Traditionally, this seems to favor buyers over sellers.  That said, given the pent-up demand, buyers who otherwise may have not entered the market, are motivated now more than ever.

HiResINTEREST RATES REMAIN LOW – BUT FOR HOW LONG?
Forbes economics contributor Bill Conerly predicts we likely will be saying so-long to low mortgage rates come 2017.  The Federal Reserve already began tightening short-term interest rates earlier this year.  While long-term loans may not increase as rapidly, Bill predicts a gain of about 1 to 1.5 percent each year over the next two years.  What does this mean for your mortgage?  While there likely will not be a drastic increase, you may want to consider locking in rates sooner than later.

HEDGE AGAINST INFLATION
Owning a property is one way to hedge against inflation. The Bureau of Labor Statistics also shows the national Consumer Price Index (CPI) at 2.3 percent, which is the highest since 2012, less food and energy.  As consumers pay more for goods and services, having an asset such as a home, purchased at a fixed cost, helps as the rest of the economy evolves.

If you decide you are ready to buy, McCleary Group would be happy to help you in your search.  Please click here to discover the newest homes for sale in DuPage County and beyond!