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Lots of News for 2012

Saturday, December 17th, 2011 at 12:24pm. 234 Views, 0 Comments.

Lots of "News" for 2012

news for 2012For the first time in a while I feel optimistic for the upcoming year.  We are busier than normal at this time of year, so I feel 2012 will be even better, and might show a quicker start to the selling season.  We have some new things coming up and I'd like to briefly go over them here.

There's a new team in town

I have already introduced my husband Jimmy Herter and my son Matt Orr.  Jimmy got licensed last year and is now a Broker.  My son Matt has helped us out on and off over the years and he has committed to giving us more time.  Matt is our "new" photographer with his new camera.  Our photos have always received compliments from happy sellers, but we've now kicked them up a notch.

We have a new newsletter

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6 Month Activity for Homer Glen, Lemont, Orland Park and Surrounding Suburbs

Tuesday, October 18th, 2011 at 4:03pm. 334 Views, 0 Comments.

I recently shared 1st half of 2011 sales activity for only 4 neighboring towns and decided to add more towns in my  service area.  The table below will show sales activity for the 1st half of 2011 for single family Homer Glen homes, Lemont, Lockport, Mokena, New Lenox, Orland Hills, Orland Park and Palos Park. 

# of Houses Sold Average Sale Price
Town Sold YRD Sold YRD YOY Avg Price Avg Price YOY
  2011 2010 % Chg 2011 2010 % Chg
Homer Glen 68 81 -16.1% $321,950 $334,765 -3.8%
Lemont 55 58 -5.2% $383,940 $368,418 4.2%
Lockport 86 134 -35.8% $176,621 $202,241 -12.7%
Mokena 58 55

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6 Month Activity for Homer Glen, Lemont, Orland Park and Palos Park

Saturday, October 1st, 2011 at 6:22pm. 167 Views, 0 Comments.

The chart below will show market activity for single family homes for Homer Glen, Lemont, Orland Park and Palos Park for the first half of 2011.

Village
# of Sales 2011
# of Sales 2010
% Change
 Avg. Price 2011
Avg. Price 2010
% Change
Homer Glen
68 81 -16.1%
 $321,950 $334,765
 -3.8%
Lemont 55 58  -5.2%  $383,940  $368,416  4.2%
Orland Park
126 151  -8.3%  $317,157  $345,934 -8.3%
Palos Park
17 27  -37%  $320,558  $369,345  -13.2%

Every town has shown a decrease in homes sold.  Palos Park has been hit the hardest with a large 37% decrease in the sale of Palos Park homes.

Palos Park showed the only

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Lemont is Now the Highest Priced Southwest Chicago Suburb

Thursday, January 13th, 2011 at 11:27am. 754 Views, 0 Comments.

Homer Glen real estateI was writing an article on another one of my blogs about Palos Park real estate and how it is the priciest southwest suburb when I viewed the latest sales stats from 2010.  Palos Park is no longer the highest priced village in the area, a title it has held for many, many years.  The new town with a high price tag is now Lemont, IL, with an average sale price in 2010 of $394,873 vs. Palos Park's average home price at $380,888.

I've always loved both villages but am surprised at this change.  Is Palos Park losing its luster?  Has Lemont truly won a popularity contest?  Why? 

Both Palos Park and Lemont have new construction occuring, so it's not that you can't find new construction in Palos Park, and that's usually where some of the high prices

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