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On The House With John Armstrong

On The House With John Armstrong

John and Leah talk with Denali Moberly on the fall shaping of the Bloomington housing market.
Broadcast on:
28 Sep 2024
Audio Format:
other

(upbeat music) ♪ On the house with John Armstrong ♪ - Good morning, McLean County. You're listening to "On the House with John Armstrong" on Cities 92.9, the news and talk. Oh, Blamey to normal. This is the show where every Saturday morning at eight, I get together with my good friend, Leah Bland. - Good morning, yes. - And we talk real estate. - Oh, yeah. - And we have a real estate. We have an icon with us in studio today. Danelle Mowrely from the Boulevard team at Remax Rising. Welcome to the show, Danelle, how you doing? - Thank you for doing well. - You're doing really well. You had a birthday this past week. - Yes, yes, I did. - Thursday was your birthday. - Oh, yeah. - I love it. Are you gonna say on the air how old? How many, how many birthdays that is? How many candles are on the cake? - I'm pretty sure your mom taught you not that. - Not that, okay, girl, how old she is. I will say next year is a big one. - Next year's a big one, okay. So you must be 29. - Yes. - We're gonna go with that. - You must be 20. - You must be 20, right? - Well, that's not very believable, but 29 I think is pretty good. - Well, I was thinking, what was the real estate market like when you were 29? And I could probably back into how old you really are. - Yeah, I've been in this for 25 years, so. - Okay, 25 years, I'm doing the math on this. - But I wasn't 29 probably. - You were not, you were about 20 when you got in. Okay, I think we got it. I think I've got your age. All right, now that we've got your age, let's look at what's going on in the real estate market. How about that? See that transition, how rough that was. That was kind of choppy waters. In Bloomington Normal, for those of you who are sitting on the sidelines, not making a move, all you wanna know is what's going on with your property value, your property values are still going up. Now, I keep getting asked, what's my best choice? I'm thinking about selling, what's my best option? And really, the answer is not a date. The answer is when is the most buyers out there with the least amount of competition? And there are certain price ranges. I would argue that right now might be a better time than in the spring. I mean, the spring obviously, every home is worth a range. When somebody says, what's my home worth? Well, when are you thinking about selling? Because today it's worth less than what it was when we were the height of the market. By a small amount, maybe a two or three percent. And your home is worth more than what it's probably gonna be on December 15th. It's probably gonna go down another two or three percent. So where are we at right now and this time of the year is we end up, we wrap up September and we head into October. We're in a different market than what we normally are this time of the year and it's driven by interest rates. We're seeing interest rates. We talked to Compass Mortgage this past Tuesday and they told us interest rates were right around six percent, like a flat six percent for beginning. I've heard of some, there were a few days that it got below six percent. I think we're looking, we're trending towards maybe the, I hate even saying this out loud, but I think we're headed towards the mid fives. And if we get to the mid fives, that's gonna bring a whole lot of you that are sitting in your homes out of the woodwork because you have that great big fat interest rate. You've got a three and three quarters interest rate or you got a four percent interest rate and you don't wanna let go of that. Well, I might let go of it if it gets to five point, you know, five and five a's, you might let go of that interest rate, but you weren't going to it, seven percent. So gonna be a very interesting fall as we head towards it, we're wrapping this year up. I would say the real estate market is far from being wrapped up for the year. We have a lot of great price points right now in Bloomington Normal. One of the really great price points is 100 to 150, 18 homes sold in the last 30 days, seven on the market, which means we'd be sold out in about 12 days if no new houses came on the market, 150 to 200, which is always hot, 24 homes sold in the last 30 days, 11 currently on the market. We'd be sold out in about 14 days if no new ones came on the market. A lot of really good price points. If you wanna know your situation, is this the best time or not, go to remaxrising.com, find an agent. They're gonna be very versed on it or you could just say, "If you don't have a good internet connection, "now what's your phone number?" - Three, zero, nine, two, seven, five, nine, eight, one, five. - All right, we wanna talk about some homes that just hit the market. And this one is a Wowsa. - All right, we have 18 Smokey Court in Bloomington. It's listed for $1.4 million by Jimmy Mapugay. - Yes, you did great. - Yay. You can reach him at three, zero, nine, two, seven, five, five, nine, seven, one. - All right, this is Jimmy Mapugay's personal residence. There is agent interest in this. This is a luxury retreat. Okay, this is on the lake at Hawthorne. It has 357 feet of lake front. So 357 feet. This home, everything has been done inside and out. Finished basement. There's a putting green in the backyard. There's a pool on the lake. I've paddle boarded in that lake from this dock. It has a dock, I guess I should mention it has a dock. There's an outside kitchen. Inside is just absolute luxury. If you're in the market to buy a $1.4 million house, I highly recommend this one. - All right, up next we have 1911 Gayly Lane in Bloomington. It's listed for $499,900 by Daniel Carcasson. You can reach him at three, zero, nine, three, one, zero, five, nine, four, nine. - And this is a five bedroom, three and a half bath in the ever popular Tipton Trail subdivision. It is a cross the road from North Point Elementary School and it has the constitution trail around it. So if you love to walk in exercise, that is a great subdivision for you. Again, call Danny Carcasson, three, zero, nine, three, one, zero, five, nine, four, nine. - All right, up next we have two 17 Hammett Drive. It's listed for $230,000 by Ryan Esposito. You can reach him at three, zero, nine, two, seven, five, four, three, six, one. - All right, welcome to 217 Hammett and normals the beautifully maintained three bedroom, three bath home. It's perfect blend of comfort and convenience. Step inside to find a spacious and inviting layout, including a well-appointed kitchen, generous living space is perfect for entertaining or everyday life. The finished basement is a true retreat featuring a cozy fireplace and a wet bar, perfect, wet bar, my favorite work. Wet bar ideal for hosting gatherings or enjoying a quiet night in the homeboats, a heated two car garage for year round comfort and convenience. - All right, up next we have 104 Tanner Street in Bloomington. It's listed for $260,000 by Melissa Sorenson. You can reach her at three, zero, nine, two, six, one, four, zero, eight, one. She's also doing an open house today, 130 to three o'clock. - And this is a three bedroom, three full baths, two car attached garage, and it is a brick ranch. Those are hard to come by. - She's a brick. (laughing) - It has a complete kitchen remodel in 2019 custom cabinets, granite countertops, under cabinet lighting, subway tile, pantry with pullout drawers, and there are other numerous updates in this. So again, if you would like to see this, please call Melissa Sorenson, 309-261-4081. - You're listening to On the House with John Armstrong and Sidney's 92.9, the news and talk. Let me tell normal. Little later on in the show, we're gonna have Adam Perkins from Home Warranty, and we're gonna talk about Home Warranty and what that covers. But first, we got a topic, and I wanna preface this before. We're gonna talk about some fall trends in your home. I wanna preface this by saying, this is in no way a concession that I'm giving up on summer. This is, I'm gonna get every last day at a summer I possibly can, and I'm not willing to concede that the leaves are changing, I'm not willing, that the temperature's gone down 'cause I'm a forever summer guy. - Have you closed your pool? - Yesterday. - See, it's fall. - It's fall. - It's fall officially. - I hate you, way to put it in perspective. - I know, I haven't closed mine. - Okay, all right, well, I guess I lose in that. I have to have my professionally closed, though. You closed yours. - Yes. - Yeah. So I'm still, I'm still in summer. - I just don't have time to swim. I'm too busy enjoying other outdoor activities. - So we're gonna talk about some trends that are hits or misses for the season. So the first one I have is kind of warm, earthy tones in your home for fall. - That's a hit. - Terracotta, I don't really like the color mustard, but like deep green. - You said you heard, here I am. I heard Terracotta and I'm thinking of Teramisu. You said mustard, I'm thinking of a hot dog. - He's always hungry. - I've always got a food. What is it about this studio in here? - But I think those colors create like a cozy, inviting space for fall. That can be really nice. So we think it's a hit. - I think it's a hit. - A hit? - Are you with me on that? You're looking, you don't think so? - I mean, they are warm and cozy, but, you know, again, if you're changing out, throw pillows, things like that. - That's what we're talking. - Yeah, we're not talking about color. - I'm not gonna be painting my house. - No. - I'm very, we're not doing that. - No, just putting like the little thing in the rooms that maybe needs some pop of color, changing from the summers to, yeah. - I like the oranges and the yellows. - Yeah. - Okay. - And doing those smaller things too. Like pillows, curtains, that can be easy. Kind of transition for the season. - Curtin's man, you're really going a long way. - Is that hard to change? - Well, I kind of really just want to enjoy the weekend. I don't know about changing out curtains. - Yeah, pillows are a lot easier. - Pillows are so much easier. - Yeah, just throw a lot in. - And make some pictures, you know, a couple pumpkins up on your own toll. - You know there are people out there that are changing their curtains four times a year. I mean, I-- - I love it. - I am definitely not. - I am the same curtains, 48 months in a row. We're good. - Yeah, I don't see you changing anything out. - At all. - I stand back and watch. - Yes. - I 100% like that. - Right, but I haven't had, we haven't had a need because our curtains are neutral. 12 months a year. We're going with that. We're gonna go with that. We're just leaving them up. - I'll let you be. - Yeah, next I think natural materials. So like the wood, wood, stones. Those are kind of coming back. - I'm with you. I've seen a lot more woods lately. - Which I like. - Yes. - Like the wooden baskets, cute. - Yeah. - Yeah, I have, you know, I like to shop. So I have a lot of new decor that I've been, yeah. And it's a lot of rustic and, yeah, woods kind of stuff. - I like it. - I'm even seeing it in rooms as like an accent wall. I've seen a lot more wood accent walls than ever before. And it's something they just put some neat stains and almost kind of a rustic barn door. I've seen it in a master bedroom to back up the headboard. - Oh yeah, I like that. - I really like that look. I've seen it in a lot of offices. I have a friend who we do a lot of Zoom calls and he has a wood accent wall that he's sitting in front of. So the camera's facing the wall. And I'm like, that is so cool. Every time I get off a Zoom with him, I'm like, I want to do that. - You really want to do that, but I will guarantee you, you should not do it yourself. - I should not be the one that does it. So you might be making a reference to screwing in a light bulb as my capacity. - Correct. - Okay, which I can do most light bulbs, to be honest. - Most. - Most. - Jeez. I also think kind of like the layered textures for this season, like velvet, wool, even like fox fur, which I don't really know. It's kind of a miss for me, but. - I like that. - You do. - Yeah, I like that. - Okay. - I do it. - I do that at Christmas time. - Yeah. - Okay. - Once it gets a little cooler, I think, yes. But even doing that with your pillows, like the wool pillows and then adding like a velvet one in front could be kind of cute. - I don't want the wool. I want the velvet. That's just sound softer. - Okay. - I think velvet's coming back. - I'm a big, even with clothes, I've got to touch them. It's the material to me. - Yes. - Same. - Yeah, I don't know how it looks. I don't care how it looks. - I just want to know how it feels. - I also care how it looks though. - Wasn't it a Saturday night light skid? It's better to look good than to feel good. No, I want to feel good. We're going to go the other way on that. - You just want people to come up and touch your clothes. - I do, I do. I like touching them. I like just rubbing my shoulders. That's good. - Fing pad looks creepy. - Yeah, that is a little. But also even in your bedroom, you can do like a duvet with like a quilt on top or like a knit throw blanket. Could be super cute. - Okay. - All the guys are going to agree with me. Don't put too much stuff on the bed. I mean, when it takes a half an hour to unload all the pillows and everything off the bed, look, you got too much. There's a limit. - You think? - Yeah, I gave a man, I told her, okay, we can have our pillows and we can have two throw pillows on there. One on my side, one on yours. If I just have to throw one off every morning or every night when we go to bed, I'm good with that. But don't make me take a half an hour to. You see some of these houses we go in and I'm like, how do they ever get them back there? They only do that for showings. - Yeah. - Okay. They don't live like that. - Most people, I would say about 98% of people do not. There are. - There's a limit to them. Okay, good. Okay, that makes me feel good. I was starting to question humanity. - I have like a good three chunk pillow thing that I do. - How long does it take you to put it back together? - I sleep with them. - Oh, okay, all right. - Yeah, I'm like cozy. Like I'm in like a cocoon, yeah. - All right. - But I do have the throw pillows. - I'm on the side of my bed though, queen bed. - Okay. Yeah, I just don't want to spend the whole night getting, when you go to bed, it's just because you're tired. - Right. - I don't want to be tired in unloading a bed. That's just, you know what? You guys are putting me in a bad mood. We're going to have to take a break. I'm going to have to get my mind right here. And so hopefully I can pull it back together for the next part of the show because we're going to have Adam Perkins on and we're going to talk a more piece. So keep it right here. We'll be right back. (upbeat music) ♪ On the house with John Armstrong ♪ - Welcome back. - We're coming to you on the house with John Armstrong. I said he's 92.9. The new is in Taka, blooming to normal. Hanging out with Leah Bland and I today is Danelle Moberly from the Boulevard team at Remax Rising. We're talking real estate. We're talking this market that kind of transitioned from spring market to summer market to fall market, kind of back to the summer market right now. We've had a real break with the interest rates. We're looking at interest rates somewhere around the 6% range. I've heard whispers in the fives. They might be going down even further. Great opportunity for buyers right now. We have some sellers that are jumping back into the game and saying, okay, I can give up my interest rate for 6%. I couldn't do it for seven, seven and a half. I didn't want to do it a date, but I'll do it at six. We have some others that their threshold is maybe if it gets to five and three quarters, maybe if it gets to five and a half, but we've got some sellers that are jumping in the game. If you're thinking about waiting till spring, we don't know what interest rates are gonna be like in the spring, but we just know what they are right now and this is a great opportunity to buy. If you're looking at trying to low time it, so you're gonna get the lowest interest rate in history, probably not gonna happen, but I can tell you you're a whole lot closer to the lowest interest rate than you are to the highest interest rate right now. We've got some things I want to point out in the market right now. At Remax Rising, we track several different markets and one of the markets we track is the small town markets, not Bloomington Normal, but in McLean County. And when you look at the small town markets, there is a deficiency in inventory where we go from about 250,000 to 399,000, so almost 150,000 price point, that's a pretty popular price point. 250 to 400,000 and there's no houses listed right now. So if you're one of those people who fall into that range between 250 and 400 and you're out in rural McLean County, this is your opportunity. You have no competition. I can tell you, there are buyers, there are lots of buyers for your house. Actually in that price point where there is no inventory, we've sold seven in the last 30 days. I can't even compute what the math would be 'til we're sold out 'cause there's no, we are sold out, so I guess it's the best part, possible time to sell. That sort of information is what you want from your real estate agent and these are the sort of things we talk about at Remax Rising multiple times a week. We're keeping informed on what's going on in the market and what's going on in the industry. We had some big industry news about a month ago, big changes in requirements and I'm sure if you're in the market to buy a home, you are already fully aware that you need to have an agency agreement signed with a real estate agent in order to enter a house. Now I'm gonna tell you there are many, not all agency agreements are created equally. Some are exclusive, some are non-exclusive, some are for a duration, some are for property. So talking to a Remax Rising agent to inform you on all your options before you commit and give a kidney away to look at a house, you wanna make sure that you know what all your options are as a seller, the game has changed. You, commissions are very negotiable, they always have been, but they're negotiable at the time of offer. So we're seeing some sellers say, okay, I'll offer this commission at this price, but if they come in lower, I'm gonna offer this commission. So the game has changed. Talk to a Remax Rising, if you agent, if you wanna know what the rules of the game are and we've got some sellers that are fully aware and wanna take advantage of these opportunities this weekend. All right, we have 385 Secretariat Place in Mountain Zion, it's listed for $299,900 by Grace McDermott. You can return it 309-445-2588. All right, this is about 40 minutes from Bloomington right by near Decatur. It's a ranch style home, it's a three bedroom, two bath on a gorgeous corner lot on a quiet script street. The home has a unique U-shaped central patio with no backyard neighbors walking into the home. You're introduced to the open floor concept, living room containing tall ceilings and a fireplace. A lot of updates here, newer furnace and AC in the last five years, the roof was redone September of 24, so that we are in September of 24. So I would say that's a pretty new roof and the home is being sold as is. There is no known defects, but they're selling it as is. All right, up next we have 1010 South Mill Street and Pontiac, it's listed for $275,000 by Julie Moore. You can return it 815-867-1257. And she's also doing an open house today at 10 to 12 o'clock. - And this is a four bedroom, two full bath home, up in Pontiac, there are two of the bedrooms are on the main floor and then two upstairs. There's an updated kitchen, maintenance free deck, out back as well and an oversized two and a half car garage. - All right, up next we have 514 North Street in Henry. It's listed for $25,000 by Mackenzie Sylvester. You can return it 309-275-0311. - All right, we just had some of our listeners in their head say, "Where's Henry, Illinois?" And I'm gonna answer that question for you. It's off 39, about 45 minutes north of Bloomington. This is a great handyman special, private fenced in yard, detached garage. Most of the windows have been replaced, new furnace and plumbing. So $25,000 and you've got quite a bit of the important things done. This is a great opportunity for somebody to get a project to work on for this winter. - All right, up next we have 1109 East Shellborne Drive in normal, it's listed for $200,000 by Sean Caldwell. You can return it 309-846-0528. This is a three bedroom, two full and two half bath with a finished basement out in Savannah, green. It has a neighborhood park out there. It had a new roof in 2021 as well. Has a two car detached garage. - You're listening to "On the House with John Armstrong" on Cities 92.9, the news and talk. Let me see normal. Our guest, my friend Adam Perkins from Home Warranty, Inc. Welcome to the show, how you doing? - Hey, doing great, thanks for having me. So home warranties, people, I don't need one of those. I have homeowners insurance, it'll cover anything. They couldn't be more wrong, could they? - That's right, it's absolutely two different things, where we cover normal failure and breakage. And then of course your homeowners insurance does not. And even from a personal side, I have a warranty on my own home, of course. My air conditioner went out this week, filed a claim, got it repaired, and taken care of. - So you're your own testimonial? - Absolutely. (laughing) - I love that, now how much was your deductible? What is that called? - 100 dollars. - 100 dollars and you got a new AC for it. - Yep, the AC was repaired earlier this year, though I actually had my water heater go out and I got a new water heater to replace, same thing, 100 dollars. - How about you? I'm digging that. So what sort of things does a home warranty cover that, you know, it's, I've had people say the home warranty, I have a homeowner's insurance and my comeback, you have auto insurance but it doesn't cover the oil changes. - That's right. - I mean, this is kind of the same thing. - Yeah, absolutely, we do. So we cover, you know, like I said, normal failure and breakage, it's the mechanical systems and appliances of the home, but it isn't maintenance. So we wouldn't take care of maintenance, cleaning, or items like that, but in the event that, you know, your furnace, air conditioner, water heater, or any of the major appliances, whether it be, you know, washer, dryer, stover, refrigerator, any of those fail, you can file a claim on it. - So if I'm a thing about selling my house and I go down on my basement, I'm like, oh, I don't really want to replace this furnace, it's old. And I know it's going to be a bonus intention with buyers. What, do I have any options to maybe make my situation look a little bit better? - Absolutely, yes. And what we do is we provide free seller coverage. And basically what we can do is provide peace of mind to that potential home buyer, you know, say if they're purchasing your home and if it has a, you know, 20 year old furnace, we can let them know that they're going to have coverage, you know, in the event that they have an issue for 14 months, that they won't have any, you know, unexpected expenses on that. - So 14 months, I'm surely, you just misspoke because there's only 12 months in a year. And these policies are usually one year policies. Are you doing the baker's dozen plus one? What are we doing here? - Yeah, basically we wanted to add more value. And one way we could do that is to make the warranty longer. So we provide longer coverage. - So did you put two months more of fee on that compared to your competition? - Actually, we did not. I mean, we're, you know, we're very competitively priced, you know, in 14 months. - So is there any exclusions on appliances, like are ice makers covered? I know that's frequently on home inspections. That's an item that comes up a lot. The refrigerator, ice maker wasn't working. Is that sort of thing covered? - Yes, the refrigerator and the ice maker both are covered items. The big thing with us as the home warranty, what we do is we maintain what's in normal operating conditions. So in the, you know, if you're purchasing a home or if you have a home and if something's currently broken, you know, it's going to be on you as the consumer to get it working, but as long as it's working, if it fails at any time during that 14 months, you can file a claim on it. - And when people go to your website, they're going to see a lot of different options. Different, you have the standard plan that's going to cover your appliances, your furnace, your air, your water heater, some plumbing. But you have some add-on options too for people who maybe live in the country and are worried about their septics. You've got a writer for that. - Yeah, absolutely, we do. We definitely have that. We have septic coverage, we have well coverage. You know, if someone has a pool, we have coverage for your pool. So there are a lot of options, a lot of optional coverages. - And what sort of, to get 14 months of coverage is your basic plan, what's my investment in that? - Yep, you're looking at $595 for 14 months of coverage to cover over 20 items of your major mechanical and appliance system. - And you'll have $100 deductible. - Yep. - And it's going to cover in that $600, $595 fee is going to cover my $2,500 AC replacement. - Yeah, absolutely. So that plan, so with that, we call it our core plan and it does cover up too. It covers up to $2,500 on your heating and cooling system. In the event if the repair was more than that, you would be responsible for that additional amount. We do have some additional, you know, where you can up that dollar amount and add additional coverage, you know, if you choose. - As the co-owner of Remax Rising, I'm a very popular person with home warranty companies. I always want to get into our office and sell their product to us. And it almost becomes overwhelming. We were contacted by so many different companies. So we made a decision that we were going to pair it down to two or three companies that we were going to recommend for certain reasons. We wanted to get the best policies. And with your company, what we kept coming back to was you. Having somebody who can vouch for us, we've had so many times our clients had issues that maybe wouldn't have been covered. We get you involved and if it's right, we can actually talk to a person. And I appreciate that. And I think any of our listeners, it would be the same situation for them. - No, I mean, I greatly appreciate that. That means the world to me. And I mean, that's really what it's all about. It's about that, you know, personal connection. And obviously I'm going to do my best for my, you know, for my clients and everything that we can, so. - Well, I appreciate Adam. How can people get a hold of you if they want to purchase a home warranty? Now, you don't have to be in the real estate transaction to do this. You can just be living in your home and say, hey, my furnace is getting a little older. Maybe I need to get some coverage. - Yeah, absolutely. And I can be reached at 309-363-5. 001. - And if they want to read about your product online, where can they go? - Yep, you can go to homeworrentyinc.com. - Perfect. Adam, thank you so much. - Can I ask a question? - Yes, ask your question. - Okay. Adam, so you said that for the heating and cooling of 2500, is that per unit or is it like per time or? - Yep, that's a very good question. And it is, it's per time. So basically when you renew, so I've been in my house for, you know, a number of years. Of course, I have a home warranty on it. So when you renew, it resets those dollar amounts. So basically, if your furnace was to go out, you know, this year and if you renew your warranty, then you're reset back to zero. So if you have trouble with your air conditioner next year, you have that full amount available again. - Awesome. And also one of the things I think that was just changed recently, I believe, is that you as the homeowner can have an option to choose your vendor who comes out. - Yeah, absolutely. - Oh, I love that. - Yeah, it speaks a process up. - That's a huge thing, I think. - Huge selling point. - 'Cause a lot of people who I had that did not like home warranties was because of the fact they didn't like the vendors potentially that were sent out by the home warranty company. But now that has changed with your company. - Yeah, that's a very good point. - Yep, absolutely. - And that's one of the, that's a big selling point. - Yeah, I love that. - 100%. Adam, thank you so much for being our guest today. We're gonna take a short break and we're gonna come back and recap what's going on in the Bloomington housing market. So you're gonna want to keep it right here. (upbeat music) ♪ On the house with John Armstrong ♪ - Welcome back. You're listening to On the House with John Armstrong. On City's 92.9, the news and talk of Bloomington Normal. Leah and I are hanging out with Danelle Moverley from Remax Rising from the Boulevard team at Remax Rising, and we're talking about the real estate market in Bloomington Normal. And Danelle, I know that you and your teammate, let's talk a little bit about your team. Your teammate, Corey Leach, and you got Donna Pearson, you got kind of a perfect little veteran team going there. And you guys deal a lot in upper end homes. And I used to tell people, I don't want to have a million dollar listing. I'd rather have four $200,000 listings than a $1 million. But the last couple years, the upper end is sold. - Yeah, the upper end really took off the last few years. - Yeah, and I know there's more wealth, the market has been good. But for whatever reason, the resurgence and an $800,000 house is now a million dollar house. And our average price point in Bloomington Normal has gone up $100,000 in three years. So we're really putting in perspective. Probably some of it is just natural market going up, but we have more upper end buyers than we've ever had. As when you look at our statistics in Bloomington Normal, we have 11 homes above $500,000 on the market and eight sold in the last 30 days. No, that's not the same price point if you've been listening since the beginning of the show. That's not the same price point that I would consider hot, but 1.3 months to be sold out means about 43 days to be sold out of if no new homes came on the market. That's a strong seller's market by any metrics, any realtor is going to look at. Anything under five months is considered a seller's market. We're talking about the above $500,000 price point in Bloomington Normal being at about 43 days to be sold out. That's really, really good. And we have of those 11 above $500,000, several of those are above a million. And they're going to be sold. And a couple of them, I know, wanted to spoke about it in the beginning of the show. I don't think it's going to take more than two or three weeks to get it sold. You're maybe one of those upper end people. I would probably talk to Denal and see what's my prospects? Is this a home I can sell? Are there buyers out there? And really digging deep and looking at what has sold and what the trends look like? This might be your exit strategy. This might be your window is open right now to make your move. We've got some sellers that are making their move and we want to talk about their properties right now. All right, we have 320 Northeast 2nd Street in Hopedale. Sisted for $259,000 by Carrie Driver. You can return at 309-262-7805. - She's a brick house. Okay, this is a charming 1925 two-story historical all brick home blending classic characteristics with modern updates nestled on a spacious lot. The home features a new roof installed in 2019 and offers ample storage, including a walk up attic. I love walk up attics. That's old, I want to bring that back. We need to have that back in new homes. Inside you're going to find five spacious bedrooms, three of which has fresh paint, two additional bedrooms also have fresh paint with new can lights providing flexible space perfect for an office or personal retreat. The kitchen is outfitted with newer cabinets and a charming copper ceiling. Oh, copper ceiling. There's, I can already hear and see the charm in this. I'm going to have to go online and take a look at this one. 320 Northeast 2nd Street in Hopedale listed by Carrie Driver at 259. - All right, up next we have 700 East Miller Street in Bloomington. It's listed for $150,000 by Daniel Carcassen. You can reach him at 309-310-5949. - And this is a two bedroom one bath and it also has a two car garage. The HVAC was done in 2012 and the roof was done in 2019 as well. Bathroom has been updated with a tiled walk-in shower. It's a great two bedroom home with nice updates again by Danny Carcassen. - So I remembered that I was talking with somebody that was a regular listener of the show. And one thing they always like to listen for is they like to hear how many active homes are on the market in Bloomington normal that are not new construction. And that number two weeks ago was 92. Last week it was 103 and it's at 111 right now. Inventory's going up, there are options which leads me to my next point we have at Remax Rising. We have a lot of clients that are looking for homes that they can't find on the market. So we give a little extra hustle and we read those needs and wants off here on the show. Now today's list is very reflective of actually buyers are finding what they're looking for because we do have more homes at 111. I think we have one, we only have one need right now. - Yep, so Mackenzie Sylvester is looking for something in Hayworth, McLean, Atlanta or Atlanta under $95,000. So if you have this, you can reach out to Mackenzie at 309-275-03-11. - All right, let's go into these fall trends. And again, this is in no way an admission that summer is over, I'm gonna stand on that fence. - It's over. - Until the snow flies, I'm gonna be wearing shorts and short sleeve shirts, so. - Oh my God. - Yeah, this is no admission. But there will be a day when fall will hit and you're gonna be happy you were listening to the show today. - Exactly. - Definitely. - I think something that's coming around is statement lighting. - Statement lighting. - Yeah, so kind of like the industrial look of lights. - Oh yeah. - Like oversized lamps or floor lamps too, I feel like are coming back a little bit. - I'm a big fan of layering lighting, having the lamps, having the overhead, having different levels. But the one thing that I'm not a fan of with lighting, and I say this on the show all the time, make sure your lights are consistent. Don't have the bright white bulbs and then have the lower ambiance bulbs in the same room. Make sure that you're consistent with your light. Sometimes people, oh, we have a light out, let's just grab anything in the closet and put it up there and it looks goofy. Bathroom mirrors just cracked me up. When you have the five light bulbs and you see three different ones and ones burn out, you know, let's get them consistent. Let's let them all look the same. - For sure. I even think for fall, like having that cozy lighting is just nice and it's like a unique way to kind of add some decor into your house. - I agree. - Through lights. - Yeah, lights are big inside and out. - Yeah. - There's nothing that makes the outside of the house. One of our realtors listed a property and our rules require, so you guys are going to learn something today, our rules require us to put an outside, the first picture being an outside picture of the front of the house. And one of our agents used that first picture with an outside picture at night. And the outside was, it was dark, but you could see the lighting and it was beautiful. I'm like, that really is the best outside picture you could have came up with was when it was dark because the outside looks beautiful. - That lighting is so important. - I think next, this is more of decoration as well, but the dried florals or even just like the wooden sticks or the wheat that you can add for like a vase for fall. John's like confused. Have you seen that? - Oh, I've had that for years, perfect, perfect. - Are we talking about floral stuff? Is that what we're talking about? - Like flowers, like birch trees, you know, things like that. I'll take some pictures when I get home and send them to you or like any dried flowers. Yeah, just. - Okay, yeah, I'm probably out on that. - Yeah, you're, that's a mess for you. It's a hit for us. - Yeah, that's a mess for me because it's just taking up space. - You don't know what it is. - It's just another Chachiki sitting around. Just one more thing, you gotta clean around. - A little knick-knack, I agree. But it's cute, it adds a little charm. It's cute for fall. - So you've been talking with my wife, she has a big centerpiece. - She has a big centerpiece with a bunch of Chachikis on it that sits on our kitchen table. Or sits on, yeah, the table we eat on in the kitchen. And every night I have to take that, remove all the stuff in the table and put it over on the counter and then put it back. Why do we gotta have it in the first place? - 'Cause it makes her happy. - Okay, all right, I'm gonna go with, it's just a pain in my butt. - That's funny. You're a pain in her butt, oh no. - All right, yeah, I'm just glad she's not listening to the show. - Next, I think vintage and timeless pieces are kind of coming back. Like thrifting, even those bases, thrifting lamps too. I do that all the time and they're super cute and cheap. - You got me now, the cheap. - Cheap. - I'm cheap, you've got me on there. - But also I think you need to do it when you're pairing it with something modern. You can't just have all vintage stuff or it kind of looks outdated. - Yeah, I agree, it can-- - You can pair it. - Yeah, when you walk into a house and all, it's all vintage stuff, you're like, okay, this is, you're always thinking the house is older than what it really is. - Unless you're in an old farmhouse. - Yeah. - True. - In that word. - That would be okay, yes. - Go ahead, hand in hand. - But yes, I do mix a lot of, I have a lot of older stuff. I have a lot of old-- - You have a lot of stuff. - I do. - You're a shopper. - You're a shopper. - And glittery, shiny, yeah. - Yeah. - The brass. - I don't know if this isn't on your list, but let's just talk about how many shoes you have. What's our guest? - Full shoe. - Are we over 200? - Oh yeah. - Okay. - I'm also still missing one pair. - Oh, the paper that I was supposed to buy for you? - Yes. - Okay. All right, we'll talk about that off the air. - Okay. - Okay. - Oh my gosh. - I think something that goes hand in hand is like the handcrafted pieces, like the artistic charm of like pottery. That's like coming back a lot. It's like timeless. - I see that in certain houses, not 3607 Armstrong, but I see it-- - Yeah, not as big pottery. I like like pots for flowers and things like that. - Yeah. - But I'm not as big. - I like the superman. - So I'm not one of those people who likes formal rooms. So maybe somebody who has a formal room that might be, that people just kind of go in. That's not me. The our formal family room or formal living room, we use it as an office. So I think it all depends on what your style is. I mean, that's very artsy. - I agree. - We have a very, we use our house. We don't have any rooms that are off limits. - Okay. Even like the hand woven like wall tapestries. Do you know-- - Oh yeah, those are coming back. - Like those can bring a little texture. Like we were talking about the fall. - Okay. - Cozy stuff like that. - You have no idea what to say. - No, I don't. I'm trying to think-- - Keep learning. - I'm thinking right now I'm processing. Do I like that look or not? The tapestry on the wall? I don't know. - Not like a tapestry. - It's like a little different. - All right. I'm gonna go ahead and say I'm out on that. And speaking of being out, we're out of time. Can you believe that? - Oh God. - An hour just flies by. Do you know how can people get a hold of you if they want to make a move? - 309-275-9815. - All right. I hope you guys have a wonderful weekend. Big plans. - I'm going to Nashville. - I love it. - Yeah, that sounds awesome. - Oh yeah. - I'm headed to Chicago. I'm gonna watch those bears play. So tune in next week. And remember, remax rising has more knowledgeable agents. (bell dings)
John and Leah talk with Denali Moberly on the fall shaping of the Bloomington housing market.