January 2020

16504 67th CT, Tinley Park IL 60477

Click on the address link above to view a website created just for this Tinley Park home for sale.  Convenient one-level living with 3 bedrooms, 1 1/2 bathrooms (both updated), plus a garage.

As you step in the door off the covered front porch (for relaxing on fair weather days), you'll notice the open concept living room and kitchen with hardwood and tile flooring.  The kitchen is updated with a double-tiered island with an eating area plus the cooktop on the island.  Appliances will stay.

The three bedrooms include a master en suite with a private, updated half bathroom.  The full bathroom has been recently updated with a new Bathfitters tub and surround.  The laundry area is off the master bedroom.

The

Despite some recession scares predicted for 2020, we are in a lengthy healthy economy and many experts don't see things slowing down anytime soon. It is believed that the real estate market will continue growing in the coming year.

With that good forecast for 2020, we will see a recession at some point, and you might wonder how this will affect the real estate market when it occurs.  In the Great Recession of 2008, prices plummeted, but that hasn't always happened with prior recessions.  Most believe that prices dropped so drastically because they were highly inflated to begin with.  Income was not keeping up with the housing market and I knew it couldn't get much higher.

In our past 5 recessions, during three of them, home prices actually