Real Estate with Jake | February Newsletter

Real Estate with Jake

Buy | Sell | Rent | Invest

Though February is short, it is filled with lots of love and sweet surprises. Read on for homeowner seasonal tips to consider and discover lifestyle tips curated just for you!

Market Updates

Compass Coming Soon

Check out Jake's monthly hand-curated picks for Compass Coming Soon listings. Chicago has real estate in all shapes, sizes, and price-points. Let us help you find your place in the world before someone else finds it first.

Save Your Energy

What are Heat Pumps? 

"Heat pumps offer an energy-efficient alternative to furnaces and air conditioners for all climates. Like your refrigerator, heat pumps use electricity to transfer heat from a cool space to a warm space, making the cool space cooler and the warm space warmer. Because they transfer heat rather than generate heat, heat pumps can efficiently provide comfortable temperatures for your home." 

"The most common type of heat pump is the air-source heat pump, which transfers heat between your house and the outside air. Today's heat pump can reduce your electricity use for heating by approximately 50% compared to electric resistance heating such as furnaces and baseboard heaters."  

Intrigued? Learn more here


Real Estate in the News

Last Year's Housing Market Was a Wild Ride...

Here's What to Expect in 2022

The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years, with an estimated 6 million homes sold in 2021. 

But whether you benefited from this surge depended a lot on if you were selling a home or buying one. 

Homeowners saw average home prices skyrocket nearly 20% through the third quarter compared to a year ago, according to the Federal Housing Finance Agency. It was the largest annual home price increase in the history of the agency's House Price Index. And, in some hot markets, the price increase was double that. 

Without a doubt, the housing market was on a wild ride in 2021, and here's what to expect this year.

Local Events

Valentine's Day Pop-Up Market

February 12th

Make your way to Time Out Market Chicago. They are hosting vendors from throughout the city on its second-floor balcony just before Valentine's Day. You'll be able to browse greenery, jewelry, pottery, vintage goods and more great gifts throughout the afternoon. More details here

Celebrating Black History Month

Museum of Science & Industry

February 26th
Come talk with African-American artists, scientists and engineers about innovative work happening in the city! Find out more here. Event is free with admission. 
Photo credit: Akilah Townsend, Museum of Science and Industry, Chicago

Lifestyle Tips & Tricks

The Best Places to Make Real Estate Investments in 2022
Not all areas of the U.S. are headed in the same direction when it comes to homebuying. While home prices are cooling down in New York and Hawaii, they’re heating up in Maine and Massachusetts. If you’re looking to make a real estate investment this year, there are a few markets that are worth taking a closer look at because of their anticipated price increases. 
Top Home Design Trends of 2022

As it turns out, many of the top home design trends of 2022 are iterations of concepts we’ve seen in recent years, but it’s not due to a lack of creativity. Instead, it’s likely because we’re continuing to lean in to our personal tastes and needs. From 

nature-inspired interiors to vintage furnishings and tactile finishes, here are the design trends that industry experts predict will dominate this year.

Wine Pairings for Your Favorite Valentine's Day Candy

It’s time to get sweet on Valentine’s candy. And it’s not just in those heart-shape boxes, though there are plenty of those. If your significant other got you a box of chocolate-covered strawberries or you bought every bag of conversation hearts off the shelf in excitement, here’s the Valentine’s Day wine pairing to match.

The Best Places to Travel in February
February may be the shortest month, but that doesn't mean it has any shortage of great travel opportunities. Aside from all the romantic Valentine’s Day weekend getaways, it’s also a great time to embrace winter sports, check out new hotel openings, and have a warm-weather escape. Whatever type of trip you choose, there's no better mood-booster than a vacation in the middle of winter.

Featured Listing

520 South State Street, Unit 1720
Printer's Row
2 Bed | 2.5 Bath

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