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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 (July 2016)

Even as prices rise in many communities, homes are selling faster now than they have in the past several years. This creates a situation where buyers need to move fast in order to secure homes, and they may have to pay more for them. While increasing prices generally coax more selling activity, there has been some hesitancy among potential sellers who worry that they will not be able to buy a desirable and reasonably priced home once they sell.

New Listings in North, South and West Suburban Chicagoland decreased 4.6 percent to 7,854. Listings Under Contract were up 9.6 percent to 4,956. Inventory levels fell 16.9 percent to 18,083 units.

Prices continued to gain traction. The Median Sales Price increased 6.7 percent to $224,001. Market Times were down 6.5 percent to 78 days. Sellers were encouraged as Months Supply of Inventory was down 22.9 percent to 4.3 months.

Low housing supply has already prevented an outright national boon in sales activity, despite a continuation of near record-low mortgage rates and an unemployment rate under 5.0 percent deep into 2016. The issue is not purchasing power. Many areas are falling behind last year's closed sales totals simply because of lack of available inventory. As this continues, higher prices may put a deeper squeeze on the current buyer pool.

 

What's Selling!

Housing Trends!
Spotlight Homewood, IL

Celebrity Real Estate
House of the Week


Top 5 Busiest South Suburban Markets in July 2016
Single Family Homes

Area Closed Sales
Orland Park 71
Oak Lawn 56
Frankfort 53
Lansing 37
Homewood 35

 

 

 

 

Click to see the South Suburb's Top Closings in July 2016