Judy Orr's Real Estate Blog

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Real Estate Agent - HomeSmart
Orland Park Homes Supply & Demand Chart for All of 2011 We finally have our year-end statistics and the chart above shows us exactly what a Buyer's Market is.  The red lines represent active Orland Park homes for sale.  The blue line shows us homes that went under contract for the month.  The gre...
Homer Glen Homes Supply & Demand for 2011 As you can see from the chart showing the entire year of 2011 for supply and demand of single family Homer Glen homes, there were way too many homes up for sale compared to homes that went under contract or ended up closing.  Every single month showed a h...
Lemont IL Market Activity for the month of December 2011 In 2010 there were 114 single family Lemont homes for sale.  I won't get the 2011 stats until next month, but this is a baseline when comparing one month to an entire year for this popular southwest Chicago suburb. Let's break it down: Ther...
I usually show sales statistics in a graph form like I did here.  But our MLS offers the little pie chart below and it's interesting to see actual market status changes.  In fact, this could be titled a Market Status report.  The chart shows activity for single family Orland Park homes for the pa...
The pie chart below shows an easy-to-read market activity report for single family Homer Glen homes for sale. There were 15 new and expired listings during this 30 day time period.  Many expired listings re-list, either with their current agent or with a new one, so I'm not sure if the 15 new lis...
The average sale price of homes in Homer Glen year-to-date in the 3rd quarter of 2011 is $292,333.  There are currently no Homer Glen homes available under $100,000.  There are currently 8 single family homes available under $200,000. As of today's date, the lowest priced home is in Pebble Creek ...
I'll never forget the day we met.  I was out looking for something completely different, and then you crossed my path.  When I first laid eyes on you my heart skipped a beat.  I felt my heart fall into my stomach - that's the only way I can describe it.  You made me feel like I was the most impor...
  This post is in response to Jennifer Allen's post entitled HOW To Recommend a Price Reduction without Risking Your Credibility or Upsetting Your Seller.  My comment was a post in itself so I decided to expand on it further. I'm living one of these listings now.  I have a cute little Oak Lawn ho...
The other day I received an e-mail notification that a buyer I had never met wanted to make an offer on an Orland Park foreclosure home that I never showed him.  It was priced around $100,000, which is low for the village as the average sales price for homes in Orland Park for the 1st 6 months of...
Lemont Homes Supply & Demand for the 6 Month Period of January-June 2011 I expected to see more accepted contracts and more closings than what is shown since Lemont is one of the only southwest suburbs that hasn't gone down in price recently.  In fact, for the 1st half of 2011 the average price o...

Judy Orr

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