Explore Oak Lawn, IL

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 0
Fannie Mae rolls out new mortgage guidelines Monday. Therefore, if you're in the process of applying for a conforming home loan, consider giving your complete application by the close of business Friday. All Fannie Mae applications taken on, or after, December 13, 2010, are subject to the changes...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 1
Last quarter, with home prices still relatively low and mortgage rates making new, all-time lows almost weekly, the cost of home ownership was extraordinarily low in Illinois and most U.S. markets. According to the National Association of Home Builders' quarterly Home Opportunity Index, 72.5 per...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 0
The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred Chicago buyers into action. A "pending home sale" is an existing home under contract to sell, but not yet closed. The Pending Home Sales Index is at its highest level since April 2010 -- th...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 4
The Parade I'm glad my 7 year old granddaughter will be home tomorrow so she won't miss the annual Oak Lawn 4th of July parade, which starts at 1:00.  Last year she spent the day with her father and had to miss it.   The parade is conveniently located yards from our home.  It goes down 95th St. s...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 3
UPDATE - This Oak Lawn home is sold, but click the link to see other homes currently available in this popular village. Click the photo if you're interested in finding an Oak Lawn home in a great location that is charming but full of updates.  It is located in "downtown" Oak Lawn on a dead-end st...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 0
The chart below reflects supply and demand for single family Oak Lawn homes for 2009.  As you can see, there was a huge oversupply of homes for sale in Oak Lawn in every month of 2009.  There was a slight drop in inventory in February but it climbed through the end of the year.  On the positive s...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 3
     Yes, reread that post title again and I’ll tell you why.  I remember a loan our company originated way back in 2005.  It was a for a young guy who was in a sales job.  He had a decent amount of money set aside for his down payment and made decent money. He had been at his job for a little ov...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 2
Today there are 319 Oak Lawn homes for sale ranging in price from $84,900 for a 3 bedroom, 1 bathroom ranch style home up to $649,900 for a 6 bedroom, 5 1/2 bathroom 2-story style home.  And there's everything in between. That is a lot of property to choose from and you can see that price ranges ...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 0
I recently wrote another article on this subject here regarding a different Oak Lawn condo for sale.  That listing was listed with no mention of the in-unit laundry room it offered.  And it was a nice sized laundry room that an owner could use a full-sized washer and dryer in.  But the listing ag...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 0
I was showing Oak Lawn condos for sale to a family recently and stumbled across a steal!  We were surprised to see that the Oak Lawn condominium had a large in-unit laundry room, as it wasn't listed on the MLS print-out.  It was priced OK without it, but it was a steal with this feature!  This ag...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 0
I was happy to see that my hometown of Oak Lawn didn't do as badly as many other villages in the nation in the slowdown of 2008.  Everything has decreased from amount of properties sold to sale prices, but all in all the figures aren't too bad. Oak Lawn Single Family Homes for Sale In 2007 there ...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 2
Covington Grade School located in Oak Lawn, IL, held a mock voting program for their students.  My 6 year old granddaughter, Elle, attends the school as a first grader.  I wasn't sure if all of the children were allowed to "vote" or if it was for the older students.  I posted the article in Topix...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 3
UPDATE:  Topix no longer allows outside editors on their site. Thanks to Bill Gassett's post about becoming an editor on Topix, Judy Orr, a long-time resident of Oak Lawn,  has become the editor for Oak Lawn, IL.  There were no editors for the village so Judy jumped in (even though multiple edito...

By Greg Wilson
(1st Cornerstone Realty)
Comments 0
I was browsing the internet and came across this interesting link about Oak Lawn. It contains a snapshot of real estate sales, based on deeds transferred and it basically gets compiled from public records. Median Price means that half the homes sold for more and half for less. The location of thi...

By Susan Miller
(Ravinia Realty & Management LLC)
Comments 0
Oak Lawn Market ConditionsOak Lawn is a large community located in Cook County, IL. It is a Southwest Suburb of Chicago and approx fifteen miles from the City. It offers many Recreational Facilities, Community Festivals, Farmers Markets, and Summer Concerts. Housing Options for Home Buyers is ver...

By Samer Haleem
(Appraisal Logistics, inc.)
Comments 4
I have been working on some appraisal files lately where the lender calls me after recieving the appraisal. I have already completed it and signed it! This lender asking me for active listings in the subjects market area. I MEAN I HAVE NO PROBLEM WORKING FOR FREE!! But sometimes these lenders are...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 5
Although I've lived in different Cook County towns, I've spent the most time in Oak Lawn and I currently reside in Oak Lawn now.  In fact, I just left my long-time Oak Lawn brokerage that I was with for 22 years to work in a better company with offices in Chicago and Orland Park. I have built up ...

Oak Lawn, IL Real Estate Professionals