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Vernetta Griffin | Real Estate Consultant | ABR
Britton Realty Group
(mailing address)
9449 S Kedzie Ave, Suite 303
Evergreen Park, IL 60805
Ph.: (312) 933-9024
Fax: (312) 602-3864
Email: vernettagriffin@sbcglobal.net

Illinois License: 475.136786

For Buyers: Affording Your Home
My goal as an Accredited Buyer’s Representative (ABR®), is to help you find and purchase the home of your dreams, and your goal as a buyer is to make sure you can afford it. Preparing for a home purchase is just as important as the signing the closing papers. Prepare yourself the best you can and please let me know if you have any questions. I look forward to working with you.

Why Use a ABR?

 

Oak Lawn -For Sale

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Welcome

Welcome to the premier resource for all real estate information and services in the Metro Chicago and South suburban Cook and Will county areas. I hope you enjoy your visit and explore everything my realty website has to offer, including  information for homebuyers and sellers from your favorite Chicagoland Real Estate Professional.

Buyers 

Looking for a new home? Use Quick Search or Map Search to browse an up-to-date database list of all available properties in the area, or use my Dream Home Finder form and I'll conduct a personalized search for you.

Sellers

If you're planning to sell your home in the next few months, nothing is more important than knowing what is happening in your neigborhood. I would love to help you with a FREE Market Snapshot


Local Area Market Outlook - Monthly Indicator (May 2017)

Home prices across the U.S. are reaching all-time highs, prompting worry over another boom-and-bust scenario like we experienced roughly ten years ago. Yet, as we glance across the state of residential real estate, what is clear compared to the last extended run of price increases is that lending standards are now much stronger than they were before. Incomes must be verified, a reasonable amount of money must be paid toward the home prior to purchase and a more stringent loan approval process is in place to prevent a repeat performance of the Great Recession.

New Listings in North, South and West Suburban Chicagoland increased 0.2 percent to 8,715. Listings Under Contract were up 11.7 percent to 5,932. Inventory levels fell 22.1 percent to 14,726 units.

Prices continued to gain traction. The Median Sales Price increased 7.0 percent to $230,000. Market Times were down 11.7 percent to 81 days. Sellers were encouraged as Months Supply of Inventory was down 23.7 percent to 3.5 months.

In addition to a stronger base upon which to conduct real estate transactions, the overall economy is in better shape than it was a decade ago. More jobs are available, unemployment is relatively low and workers have more faith in their wages and the potential for wage increases. Although we continue to battle an inventory shortage in much of the country, optimism remains high for a successful summer for buying and selling homes.

SOURCE: MREDLLC FASTSTATS

 

Celebrity Real Estate
House of the Week


Top 5 Busiest South Suburban Markets May 2017
Single Family Homes

Area Closed Sales
Tinley Park 68
Oak Lawn 63
Orland Park 51
Lansing 43
Frankfort 39

 

 

 

Click to see the South Suburb's Top Closings in May 2017

 

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ABR - Accredited Buyer RepresentativeEqual Housing OpportunityMLS membershipREALTOR® certification