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BIG DROP IN CHICAGO FORECLOSURES - BUT RECOVERY STILL UNEVEN!
IN COOK COUNTY, FORECLOSURES DOWN 40% IN 2013 - LOWEST LEVEL SINCE PRE-DOWNTURN YEAR 2006! In what many experts consider a clear signal that the Housing Market in Chicago may be making a comeback, Bank-Owned Foreclosed Homes , as a percentage of all homes Read More...
LOOKING FOR A REAL ESTATE BARGAIN? BANK-OWNED PROPERTIES OFTEN BEAT SHORT SALES ON CHANCE FOR SUCCESS!
SHORT SALES: LONG APPROVAL TIMES, HIGH RATE OF DISAPPROVAL. ON COURTHOUSE STEPS, BUYERS OFTEN FALL SHORT! Here in Chicago , in many neighborhoods and Suburban Chicago Communities , buyers are king! Especially those with lotsa cash, or stellar credit. Read More...
FORECLOSURE FREEZE - NOT NECESSARILY ALL GOOD NEWS!
QUESTIONABLE FORECLOSURE PROCESSING PRACTICES GIVE MANY DISTRESSED HOMEOWNERS MORE TIME. BUT FORECLOSURE MORATORIUM COULD CHILL HOUSING MARKET RECOVERY! Depending on where you live in Chicago, Foreclosures and Short Sale Properties could make up as many Read More...