Welcome to My Website
My name is Kevin Burke a Top Producing Realtor for RE/MAX Synergy located in Orland Park. Specializing in Residential Home Sales throughout the Chicagoland area. I will provide you with great service in purchasing or selling your next home. Please enjoy this site and contact me when you are ready to make a move.
Find anything you need about the communities I specialize in!
You may search properties for sale, find economic and demographic data or check other community information such as public and private schools available in Orland Park, Tinley Park, Oak Forest, Palos Park, Palos Heights, Palos Hills, Hickory Hills, Orland Hills, Mokena, Frankfort, Homer Glen, Lockport, New Lenox, Lemont, Joliet.
ACCORDING TO RECENT REPORTS
UNEMPLOYMENT RATES ARE DROPPING
HOME PRICES ARE EXPECTED TO RISE !!!
CALL KEVIN BURKE TODAY
TO FIND OUT WHY
THIS IS A GREAT TIME TO BUY
View Kevin Burke's Video Collections at http://www.youtube.com/user/RealtorBurke?feature=mhum
RENTING A HOME IS VERY POPULAR THESE DAYS. IF YOU WANT HELP RENTING A HOME CALL ME AT 708-805-1754
FOR PROFESSIONAL ADVICE AND SERVICE.
ARE YOU INTERESTED IN RECEIVING A FREE NO OBLIGATION MARKET ANALYSIS.
JUST SEND ME YOUR NAME AND ADDRESS VIA FAX AT 708-777-4754 OR E-MAIL AT RealtorBurke@hotmail.com
AND YOU WILL RECEIVE AN UPDATED LIST EVERY 2 WEEKS OF THE HOMES IN YOUR NEIGHBORHOOD THAT HAVE SOLD OR CURRENTLY AVAILABLE FOR SALE.
To view my service provider list go to "my profile"
ARE YOU OR SOMEONE YOU KNOW INTERESTED IN BUYING OR SELLING OUT OF STATE. PLEASE GIVE ME A CALL AT 708-805-1754. I AM A LICENSED REALTOR IN INDIANA AND HAVE CONNECTIONS THROUGHOUT THE WORLD. PLEASE VISIT MY INDIANA WEBSITE INDIANABURKE.COM FOR YOUR REAL ESTATE NEEDS.
KEVIN BURKE IS YOUR LOCAL
AGENT...CALL TODAY AT
In today's Cook and Will County real estate market, finding the right real estate agent representation is critical. With real estate expertise for both home buyers and sellers in Orland Park, Orland Hills, Tinley Park, Mokena, New Lenox, Frankfort, Homer Glen, Lockport, Joliet, Lemont, Palos Hills, Palos Park and Palos Heights and all surrounding Cook and Will County, IL areas, you've found the right source for all of your real estate needs. Whether you are looking for a new Orland Park home or property or you are in the preliminary stages of the Orland Park real estate search, I can help. I specialize in Orland Park real estate as well as real estate buying and selling services for all major communities in Cook and Will County including Orland Park, Orland Hills, Tinley Park, Mokena, New Lenox, Frankfort, Homer Glen, Lockport, Joliet, Lemont, Palos Hills, Palos Park and Palos Heights.
Through my real estate web site, you have the ability to search virtually every home for sale in Orland Park, Orland Hills, Tinley Park, Mokena, New Lenox, Frankfort, Homer Glen, Lockport, Joliet, Lemont, Palos Hills, Palos Park and Palos Heights and all other local areas. In addition to accessing homes and real estate for sale in Orland Park, Orland Hills, Tinley Park, Mokena, New Lenox, Frankfort, Homer Glen, Lockport, Joliet, Lemont, Palos Hills, Palos Park and Palos Heights, this web site features comprehensive community information for Orland Park, Orland Hills, Tinley Park, Palos Hills, Palos Park and Palos Heights that will help guide you in selecting the right real estate or home for sale.
http://www.realtorburke.com is the website to search for homes. The database includes (and is not limited to) the Orland Park area which offers many beautiful neighborhoods and subdivisions. Among the most popular Orland Park subdivisions are Breckenridge, Brittany Glen, Carriage Ridge, Catalina, Centennial Village, Charleton, Colette Highlands, Crystal Meadow, Eagle Ridge, Evergreen, Fountain Hills, Georgetown, Heritage, Ishnala Estates, Lakeview, Long Run Creek, Manor Homes of Somerset, Meadowbrook Estates, Millers Victoria Place, Orland Ridge, Pepperwood, Preserve, Silo Ridge Estates, Southmoor, Tiffany Garden, Treetop and Village Square.
Are you considering selling your house in the coming months? Ask me about my three-steps to a top-selling price:
1. Monitor the market with "My Property Finder"
2. Obtain a current market value assement.
3. Get my tips for dressing your home for maximun selling price.
View ALL the properties listing for sale in your market though "My Property Finder". You will also have access to the advanced research tools available.
Note: The MLS Requires registration to see all listings.
Home owners are building net worth at a pace that is up to quadruple that of a renter.
In the past 15 years, the net worth of the typical home owner has ranged between 31 and 46 times that of the net worth of the typical renter, according to the Federal Reserve's Survey of Consumer Finances, which is based on 2013 data.
On average, home owners had nearly $200,000 in net worth compared to the average $5,000 net worth of renters, according to the survey.
"Home owner equity is a substantial component of home owner wealth," Danielle Hale, research economist at the National Association of REALTORS®, writes on the association's Economists' Outlook blog.
Source: “Net Worth of Home Owners vs. Renters,” National Association of REALTORS® Economists’ Outlook Blog (Sept. 8, 2014)
Rising home prices helped many home owners welcome the return of equity in their homes last year. In 2013, 4 million homes returned to positive equity, bringing the total to 42.7 million, CoreLogic reports in its fourth quarter 2013 Equity Report.
Of the 42.7 million residential properties that now have positive equity, 10 million – or 21.1 percent – have less than 20 percent equity, CoreLogic reports. More than 1.6 million residential properties have less than 5 percent equity.
About 6.5 million residential properties with a mortgage – or 13.3 percent – remained in negative equity territory by the end of 2013.
“The plight of the underwater borrower has improved dramatically since negative equity peaked in December 2009 when more than 12 million mortgaged home owners were underwater,” says Mark Fleming, chief economist for CoreLogic. “Over the past four years, more than 5.5 million home owners have regained equity, reducing their risk of foreclosure and unlocking pent-up supply in the housing market.”
The bulk of home equity for properties with a mortgage is concentrated at the higher-end of the housing market, with 92 percent of homes valued at more than $200,000 having equity compared to 81 percent of homes valued at less than $200,000, CoreLogic reports.
Five states alone account for nearly 37 percent of the negative equity in the U.S. CoreLogic reports that the following five states have the highest percentage of mortgaged properties in negative equity:
The housing recovery is expected to remain strong in the new year, driven by economic growth and an improving employment picture, economists say.
In fact, job growth likely will be one key to driving housing growth in the new year. An estimated 2 million or more jobs will be created in 2014, predicts Lawrence Yun, National Association of REALTORS(R)’ chief economist.
As employment picks up, greater demand for housing is expected to occur and a surge in homebuilding activity. Celia Chen, housing economist at Moody's Analytic, predicts a “homebuilding boom” in 2014 that will spark even more jobs -- from construction workers to manufacturers -- and bring about greater demand for housing overall.
"The homebuilding boom in 2014 drives our strong economic forecast," Chen said. "Homebuilding generates a lot of jobs.
The housing recovery is expected to continue on its path in the new year with home prices continuing to rise (although at a slower pace); sales to rise slightly; and the foreclosure crisis expected to finally draw to an end.
"For the general consumer, the market will be good in 2014," says Lawrence Yun, chief economist at the National Association of REALTORS®. "Home values will continue to rise, but not sharply, but there won't be a decline."
Yun notes 2014 will be the second consecutive year of a “very respectable recovery,” marked by a 20 percent cumulative rise in existing-home sales over the past two years and nearly a 20 percent increase in home values.
However, he notes that existing-home sales will likely plateau in 2014. Sales have already been slowing in the latest reports.
Yun says home prices rose 11 percent in 2013, but growth will likely be slower in 2014 at a pace of 5 percent. The reason for the slowing pace of home prices, he says, is mostly being driven by “less affordable conditions from higher prices and higher mortgage rates.” Thirty-year fixed-rate mortgages are expected to rise above 5 percent in the second half of 2014 (up from a current average of 4.47 percent this week).
"While rates will be higher than what they were, they won't be at a level that will discourage home purchases," says Jay Brinkmann, chief economist at the Mortgage Bankers Association. MBA is predicting interest rates to also average about 5 percent in 2014.
Meanwhile, the distressed housing crisis is expected to fade away in 2014. Daren Blomquist, vice president at RealtyTrac, says that 2014 will likely be the year “we transition back to normal.” About 85,000 foreclosure filings a month nationwide are expected by the first quarter of 2015.
"The market has worked through most of the bad loans that triggered the crisis to begin with," Blomquist says. Still, some loans need to be “cleaned up.”
Source: “How Will Housing Recovery Fare In 2014?” Investor’s Business Daily (Dec. 20, 2013)
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