Chicago Suburb Real Estate & Area Guide 
New Orland Park Real Estate Website
Monday, May 20th, 2013 at 11:50am. 185 Views, 0 Comments.
There is a new website created just for Orland Park Homes, Lifestyle and Real Estate. This is a fully functional, stand-alone blog/site that focuses primarily on the popular southwest suburb of Orland Park, IL. Our office is located in Orland Park so we live and work in the village.
Search Orland Park Homes
The new site offers a great home search feature that offers a lot of information on every individual listing. Although we can't control amount of pictures or descriptive information on every Orland Park home listed by other agents, you can easily contact us through the site and we can get any information you need. You can even set an appointment on each listing you're interested in.
The Orland Park home search is available on any page
…Is Orland Park Real Estate as Hot as D.C.?
Thursday, April 25th, 2013 at 9:12pm. 326 Views, 0 Comments.
The video below is a funny rap video put on by REALTOR Brian Block, who works in Northern Virginia and Washington D.C. It has always seemed like the D.C. market was hot compared to the Midwest, even when it was cooling off during the recession. According to Brian, in his area 'houses gettin' sold!"
How Does Orland Park Real Estate Compare?
In the lower price ranges, Orland Park real estate is pretty hot. For instance, a search for Orland Park homes for sale priced under $100,000 brings up two listings, both Contingent (this means there is an accepted offer waiting for attorney review, inspection and financing). Inspection and attorney review periods are 5 business days after contract acceptance, so it's usually contingent on
…Debunking 20/20 Investigation Into Real Estate Tricks of the Trade
Wednesday, March 20th, 2013 at 6:20pm. 676 Views, 0 Comments.
I was laughing out loud at an article I read about ABC News 20/20 interview with some real estage agents and their claim of "blowing the whisle on shady real estate tricks." I'm not saying this stuff is never done and there are bad apples in real estate like any other business.
Here is my personal response to some of the so-called tricks based on interviews with 2 reality TV real estate agents, Ryan Serhant, the star of a Bravo reality show and Sandra Rinomato, the former host of Property Virgins on HGTV:
Bait and Switch
Serhant, an agent in New York City (which I've heard does not utilize an MLS like we do in Northern IL), states that agents keep listings up long after they've been sold.
My response is that if an agent does that in our MLS
…Real Estate is Back! - Infographic
Tuesday, March 12th, 2013 at 12:03pm. 187 Views, 0 Comments.
Although the Midwest doesn't usually show the same fluctuations as the west and east coasts, prices and sales have dropped substantially since the real estate bust. Some areas like much of Florida, Las Vegas, NV and Phoenix, AZ were hit hard, with more than 50% decreases in home values. Some southwest Chicago suburbs have shown double digit price decreases and when you add them up over the years since the bust, prices have plummeted drastically in some villages. Amount of annual sales have also decreased.
California showed decreases and popped back the quickest. Many areas in the state are back to a seller's market with decreased inventory and buyers wanting to still get a good price at low interest rates.
Low inventory across the nation
…SW Chicago Suburbs With the Most Sales in 2012
Wednesday, March 6th, 2013 at 11:10am. 226 Views, 0 Comments.
Now that I have a 3 person family team we are able to go out of our normal service area which spans around Oak Lawn/Evergreen Park to the northeast, La Grange area to the near west, Lockport, Lemont and New Lenox to the southwest and Oak Forest to the southeast and everything in between. Those are just general parameters and we do go out of them regularly, but for this article we will stick to our smaller area.
Here are the top 5 southwest suburbs that we work in with the most amount of single family home sales for 2012:
- Oak Lawn - 448
- Orland Park - 325
- Lockport - 294
- Frankfort - 275
- New Lenox - 265
Our Northern IL MLS used to be the largest in the nation and it is still up there. Some states are consolidating into statewide
…How Many Chocolate Bars Would It Take to Build Your Dream Home?
Thursday, February 14th, 2013 at 11:05am. 295 Views, 0 Comments.
Here's a fun and interactive infographic that you can play over and over to see how many of your favorite chocolates it would take to build your dream home. Play away and Happy Valentine's Day! I wonder how many people are getting a real house as a Valentine's Day gift? Not too many, but I'm sure there are some. My dream house took 134,051 milk chocolate bars and would have 28,150,710 calories!
On Valentine’s Day Go Big or Go Home…to a Chocolate House By Movoto Real Estate
To make it easy to find your dream home that isn't built out of chocolate, fill out the quick and fun Dream Home Finder Form. If you fill it out you will get listings as soon as they hit the market. If you're thinking of buying your sweetie an Orland Park
…Homer Glen Real Estate Sales Statistics 2012
Tuesday, February 12th, 2013 at 4:30pm. 236 Views, 0 Comments.
The stats are in for Homer Glen real estate sales for 2012. I always enjoy comparing what's happened over the years with
amount of sales and prices.
Single Family Homer Glen Homes
The number of Homer Glen homes sold has been increasing since 2009. 2012 showed the largest increase in the amount of homes sold. There were 181 homes sold in 2012 compared to the 140 in 2011, showing a double digit increase of 29.3%
Prices continue to fall, as has been the case since 2008. 2012 showed a 3.4% price decrease. The average single family home price in Homer Glen in 2012 was $299,476, the first time Homer Glen has seen average prices in the $200,000's since I started recording this data back in 2005.
Homer Glen Condos and Townhomes
Condos,
…Force Fannie Mae to Act Responsibly!
Wednesday, January 30th, 2013 at 11:22pm. 359 Views, 0 Comments.
As a member of Short Sale Superstars I have been made aware that Fannie Mae is not being realistic about list and sale prices of their short sale properties. I was the listing agent for a HAFA short sale and the price I was forced to list the house at was so high we had one showing. They checked about a month later and based on my feedback they allowed me to reduce it a little. That "little" was still too high. This home didn't have a chance to sell.
There are no guarantees with short sales but it seems like Fannie Mae would rather foreclose with their unrealistic counter-offers. They are countering above BPO's they are receiving. Most of the buyers I work with are not interested in looking at short sales because they don't have time to
…2012 Orland Park Real Estate Sales Statistics
Wednesday, January 23rd, 2013 at 5:01pm. 298 Views, 0 Comments.
I was really looking forward to see how 2012 compared with 2011 for the towns I work in the most. Although some figures are better, I don't think last year was as wonderful as some gurus were predicting. Real estate is local and some areas across the nation have shown dramatic increases and well priced homes are receiving multiple offers. The only properties I'm seeing getting multiple offers in this area are low priced foreclosures.
Single Family Orland Park homes
Single family Orland Park homes for sale showed an increase in amount of sales of 15.3%. At least it's a double digit increase.
Unfortunately, prices showed a decrease of of 7.4%. The good news is that 2011's decrease was in double digits, so now we're down to single
…11109 Spathis Dr., Palos Hills IL 60465
Thursday, January 10th, 2013 at 7:29pm. 183 Views, 0 Comments.
Click the links below to get all the information and photos for the 2 bedroom, 2 bath condo at 11109 Spathis Dr. that has a corner fireplace, 2 car garage and in-unit laundry and is located on the picturesque grounds of Lagoon in the Hills complex.
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