Thursday, June 25, 2009

Oak Lawn Homes

LAS VEGAS - MARCH 21:  Prospective buyers look...Image by Getty Images via Daylife

As of today, there are 292 Oak Lawn homes for sale. That's the first drop we've seen in a while. That could mean that there are more buyers buying and it could also mean that some sellers have given up and taken their homes off the market. Either way, the inventory has gone down a little bit.

There are still foreclosures and short sales at good prices (starting as low as $119,900, which is higher than some of the prior foreclosure homes that were available before). I've shown many of the foreclosures and short sales and some of them are a real mess, but others have been great values.

If you haven't purchased yet there is still a chance for you to find a great deal. If you're a first-time buyer you can also get up to an $8,000 tax credit but you must purchase before December 1, 2009.

If you're interested in purchasing Oak Lawn real estate, click the link and fill out the Automated Home Finder Form and you'll receive listings sent directly to your e-mail.

Sunday, May 31, 2009

Orland Park Real Estate Market Review

To view first quarter Orland Park real estate statistics comparing '08-'09 you can click on the link and see a close-up of the chart to the left. This page will be updated so might be changed by the time you view it.

As you can see, there is still way too much inventory compared to the pending sales and those that have sold and closed. It's great to be a buyer for Orland Park homes for sale today.

This is why it is so important for sellers to price their Orland Park homes correctly. Buyers have a huge selection of homes in all price categories. They only write offers on the properties that are priced correctly for what they offer. This chart shows the true imbalance of properties that have actually sold compared to those currently up for sale.

The reality is, if you don't price your place correctly for what it has to offer (or not) it simply will not sell. Buyers won't make an offer since they'll find something better to make an offer on. If your home is not priced right you will not get any offers at all. You might not even get any showings.

I hope this chart shows you the real Orland Park real estate market. This chart was created by Terradatum that uses the information from the Northern Illinois MLS. If you'd like to take advantage of this high amount of inventory, which brings prices down, give Judy Orr a call at 708-536-8200 or use the contact form to the left.

Friday, May 8, 2009

New Orland Park Real Estate Website


There is a brand new website created just for the popular village of Orland Park, Illinois. It is an easy-to-use and navigate website with a lot to offer.

1. There is a full Orland Park MLS showing all active real estate listings complete with photos, a description, room sizes and some have virtual tours.
2. There is a quick and easy form to fill out to get all active listings sent to your e-mail. Never miss a great deal!
3. There is a section for buyers of Orland Park homes for sale offering answers to many home buying questions and tips.
4. There is a section for sellers of all Orland Park real estate.
5. There is a section on Mortgage Information
6. There is a section for Orland Park real estate investors.
7. There is a blog that you can follow featuring a lot of news and information on all aspects of real estate.
8. There is so much more like calculators and weather.

Check it out for yourself by clicking the link above or go to http://www.orland-park-real-estate.com

Saturday, May 2, 2009

Tinley Park Condos for Sale

How many Tinley Park condos for sale are there today? As of May 2, 2009, there are currently 327 condos and townhomes for sale in Tinley Park, IL. Think you can find one in that huge selection?

Click the link above to view all attached properties for sale in Tinley Park separated by price range. You don't even have to conduct a search, it's there for you to click and view.

Of course, if you'd like to narrow the search down to exactly what you want, then search the Tinley Park MLS. Once you find something give Judy Orr a call at 708-536-8200 to set some appointments or use the Contact Us box to the left.

Friday, April 17, 2009

There's some great deals in Oak Lawn right now

I'm seeing more and more short sale and foreclosure properties available in all towns I work in. But a couple of steals have been on the market in Oak Lawn lately. There are 2 bedroom, 2 bath Oak Lawn condos for sale with in-unit laundry rooms and one even has a garage at some very low list prices.

One of the units I recently saw has an offer and the latest steal already has multiple offers and hopefully my buyer has a chance at it because this one is really the best deal I've seen! Click the link above to view a list of all Oak Lawn attached properties currently up for sale.

Short sales and foreclosure listings are not for the timid and you need to understand the process, which can be lengthy. There are also special addendums that accompany all of these kinds of sales.

I'm still waiting to get a signed contract back from an accepted reo property in Oak Park, IL. It's been over a week since we were told the offer was accepted but no contract from the bank that owns this home. It can get very frustrating.

If you're looking to invest or just get a good deal, check out the website link given above. That site offers a full MLS search where you can get property details, photos and even virtual tours. Keep in mind, these kinds of low priced properties sell fast and have multiple offers. But even with accepted offers above asking price, they are still a very good value.

Saturday, March 28, 2009

Orland Park Townhomes and Condominiums For Sale


To find out about any Orland Park condo for sale just click on the link. You'll see how many attached properties are for sale in Orland Park in any given day. Attached properties include Orland Park townhomes for sale, orland park condominums for sale, duplexes and any other type of attached property.

Today there is a huge selection of 344 condos/townhomes for sale in the village. Prices start at $99,900 and go all the way up to $589,000! If you're looking for an Orland Park condo for sale you should be able to find something to suit your needs with that amount of inventory.

If you're interested in any kind of property in the southwest suburbs give Judy Orr a call at 708-536-8200 or use the contact form to the left. If you'd like to search other properties use the Orland Park MLS search (you can search for all active properties in Northern IL).

Thursday, March 5, 2009

Oak Lawn Homes For Sale

Thanks to the #1 Cook County Real Estate website (according to Google), you can now see how many Oak Lawn homes for sale are available on any given day. Today, there are 320 single family homes for sale, making Oak Lawn one of the top southwest suburbs in amount of current single family listings for sale, beating out active towns like Orland Park and Tinley Park.

Today, prices start at $69,900 and go all the way up to $675,000! Wow, there's something for everyone. Oak Lawn, IL has its share of foreclosure and short sale properties but these aren't always the bargains some people think. And short sales can take a very long time to work with.

Although it's nice to see a list of all Oak Lawn real estate for sale, you can also do a search on the Oak Lawn MLS to see what's available in your price range and with the exact amount of bedrooms, baths, etc. that you want. The MLS has every single town in Northern IL so you're not forced to search only for Oak Lawn Illinois real estate. Happy searching!