November Newsletter
🍂 Welcome to November, a season of gratitude and reflection! 🍁
As we embrace the crisp air and the changing colors of fall, I find myself immersed in the spirit of thanksgiving. I am filled with gratitude for the beauty that surrounds us, my family, friends and the incredible clients who have made this journey so rewarding.
As the year draws to a close, I want to take a moment to express my sincere appreciation for each and every one of you. Your trust, loyalty, and support have been the foundation of my success, and I am truly thankful for the opportunity to serve you in the world of real estate.
As the leaves fall and the air becomes crisper, let's come together in appreciation for the warmth of community and the journeys we've embarked upon. My commitment to providing unparalleled service and expertise remains unwavering, and I look forward to continuing this journey with you.
Thank you for being a part of the Jennifer Newsom Real Estate family. Here's to a November filled with gratitude, growth, and the pursuit of home dreams.
Warm regards,
Jen
Market Update
Since my last update, we continue to observe low inventory and sales volume. Prices have risen by a moderate 2.5% year-over-year in DuPage County for single-family homes and by 6% in Wheaton, attributed to the aforementioned low inventory. In Wheaton, the highest price peak of 2023 occurred in June, with a dip in August, and has since leveled out at the $500K median range for September and October. The holiday season is typically slower than other months of the year, so I anticipate little change for the remainder of Q4. Interest rates dipped on November 3rd to 7.2% from 8%, which can make a difference in terms of affordability for some buyers. The recent inflation report decrease coupled with a decreased 10 year Treasury rate should lead to lower mortgage interest rates in Q4.
The benefit of listing your home during the winter months is less competition, and buyers are generally more serious.
In today’s market, who you hire counts! Trust the best to maximize returns on your most valuable asset.
Wheaton Wednesday
If you missed the Cosley Zoo episode you must check it out! Having a little zoo in town is one of the best treasures Wheaton has to offer. I grew up going to Cosley and I love being able to take my kids there and experience it all over again through their eyes. It’s always fun when I get to include my kids in these videos. Make sure to watch, it’s a fun one!
Sold
Lombard, IL
This 2 bedroom/2 bath condo was listed as if it were plucked right out of an interior design magazine, and sold in only 4 days for full asking price. The new owner will be able to move right in and enjoy everything that downtown Lombard has to offer. After being an original owner for 17 years when the building was constructed in 2006, the seller is looking forward to new beginnings in a single family home….
Aurora, IL
From the condo above to home sweet home! 🏡🔑 After condo living for 17 years, my client is now the proud owner of this adorable home. She is excited for single family home living with a big backyard for her family. She’s already unpacked, enjoying stroller walks with her daughter through the neighborhood, and is looking forward to the upcoming turkey trot that Cherry Hill offers every Thanksgiving. It warms my heart to know she is establishing roots in a great community, and thankful for her trust in me to sell her condo and find her this home. It's been an incredible journey, and I'm honored to have been a part of it. I wish her many happy memories in their beautiful new space!
Ruth Chris Sweet Potato Recipe
I love a sweet potato casserole and this copy cat Ruth Chris recipe is my favorite. Are you a sweet or mashed potato fan? Me? I love both. Click here for the recipe. I hope you enjoy.
Giving Back
One of the things I am grateful for is the BHHS charity Sunshine Kids, and my ability to give towards such a great cause. Being chartiable is important to me. One of the many ways I give back is by donating a portion of each commission check to this wonderful organization.
HELPING CHILDREN WITH CANCER SMILE
The Sunshine Kids is a non-profit organization dedicated to children with cancer. Established in 1982, they are committed to providing positive group activities and emotional support for young cancer patients. The Sunshine Kids provides a variety of programs and events, free of charge, for Kids who are receiving cancer treatments in hospitals across North America.
