Explore Orland Park, IL

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 4
Active Rain has now become my first stop when looking for a referral agent.  And did I get a response when I posted a buyer referral.  Some agents responded immediately and it took others a few weeks (I don't get that).  I had spent some time with a very picky buyer looking for Orland Park homes ...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 2
The Federal Reserve released its March 15 meeting minutes Tuesday. The notes revealed a Federal Reserve split between optimism and caution for the U.S. economy. The minutes' official name is "Fed Minutes". It's a periodic publication, published 3 weeks after each meeting of the Federal Open Marke...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 0
Friday is a pivotal day for mortgage markets and conforming mortgage rates across Illinois. At 8:30 AM ET, the government will release its March Non-Farm Payrolls report. More commonly known as "the jobs report", the monthly Non-Farm Payrolls is a market-mover and home buyers would do well to pay...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 0
Standard & Poors released its Case-Shiller Index for the month of January this week. The index is a home valuation tool, measuring the monthly and annual changes in home prices in select cities nationwide. January's Case-Shiller Index gave a poor showing. As compared to December 2010, home value...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 1
On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month, according to the National Association of REALTORS®. A "pending home sale" is defined as a home under contract to sell, but not yet closed. February's Pending Home Sales Index rebound breaks a 2-month losing s...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 0
Home affordability reached an all-time high in 2010's last quarter. Unfortunately for home buyers in Illinois , it's been a different story since, however. As mortgage rates cratered, and with home values soft, the Home Opportunity Index reached its highest level in 20 years. The index is publis...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 3
Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET. Home buyers and rate shoppers in Oak Lawn would be wise to take note. The jobs report is almost always a market-mover. Consider last month. Although net job...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 0
Mortgage rates are up 0.875% since mid-November, causing home buyer purchasing power across Oak Lawn to fall more than 10 percent since. Persistent concerns over inflation are a major reason why and this week's Consumer Price Index did little to quell fears. CPI rose for the third straight month ...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 0
If your ARM is due to adjust this spring, your best move may be to allow it. Don't rush to refinance -- your rate may be adjusting lower. It's because of how adjusted mortgage rates are calculated. First, let's look at the lifecycle of a conventional, adjustable rate mortgage: There's a "starter...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 1
Existing Home Sales surged 12 percent last month, closing 2010's housing market with strength. An "existing home" is a home that cannot be categorized as new construction; a resale. According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures cli...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 1
The following chart shows single family Orland Park homes activity for the past year.  The last time I showed Orland Park real estate sales stats I had a lively "discussion" with an Orland Park home owner that did not believe the data.  These charts are produced by a company called Market Dynamic...

By Kevin Lanham, Chicagoland FHA Expert
(Pacor Mortgage Corp)
Comments 0
Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders. The monthly Housing Market Index registered 16 out of a possible 100. January's reading is three points higher than the 2010 low-point, set in September, and in-line ...

By Tim D. Krzyskowski, REO PRO
(Realty Executives Ambassador (Orland Park, IL South Chicago))
Comments 3
I'm approached by many first time home buyers on a weekly basis. The first thing they always ask me is to find them a foreclosed property at a great price. This blog entry will cover the initial points I try to cover when I initially consult with a new first time homebuyer interested in a foreclo...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 0
The following are listings I had that I no longer have active. If you'd like to search for Orland Park homes (or any area), click the link and you'll find properties in your price range with photos and property descriptions.  This search is already set up for Orland Park single family homes for s...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 2
UPDATE - our southwest Chicago Suburbs website has changed again, but you can still click the link below to see all active single family Orland Park homes for sale. I have updated my long-standing website with a brand new look, layout and MLS search (also referred to as an IDX search).  The new l...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 0
I attended Rain Camp Chicago specifically to learn more about local Facebook Fan Pages like my Orland Park Living page.  I listened to Ben Kinney's presentation but he kind of quickly glossed over the one thing I was interested in learning more about.  I wanted a step-by-step tutorial but he had ...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 0

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 3
Update - these properties are all sold, but you can find plenty more by clicking Orland Park homes for sale. Newest Orland Park Home For Sale - 14030 Charleston Dr. Click on the address link above to get all the scoop on this great North Orland split level home with beautiful landscaping.  This O...

By Judy Orr, SW & Near West Chicago suburbs
(HomeSmart Realty Group)
Comments 1
Click the link to the new Facebook Fan Page for the popular suburb of Orland Park, IL.  I would love for this to be an interactive page for everything Orland Park. If you have a business you can post about it.  If you have news you can share it.  I have posted some Orland Park pictures and will c...

By Julea Joseph, Julea Joseph House Stager - Reinventing Space
(Reinventing Space)
Comments 1
Home Beautiful on a Budget - DYI Workshop & Tea "...good design isn't about a price tag" Do you love to decorate, but struggle with your space? Need tips on how to reinvent and rejuvenate your rooms - but don't have a lot of cash?  Then grab your friends and get ready for an awesome interactive ...

Orland Park, IL Real Estate Professionals