Chicago Real Estate Search Chicago Real Estate Chicago Real Estate Chicago Neighborhoods Downtown Chicago Condos Weekly Email Subscription
Welcome to Chicago Homes for Sale by Dean's Team Sign in | Help

BlogChicagoHomes.com

Most Complete Chicago Real Estate Blog! Daily Updates on Chicago Homes for Sale and Real Estate . . . Great Chicago Neighborhoods . . . Living in Chicagoland . . . Your Comments Welcome!

Tags

News

  • Real Estate Blog

Archives

Browse by Tags

All Tags » Chicago Foreclosures   (RSS)
CHICAGO REAL ESTATE CHECK-UP - FIRST HALF, 2014
YOUNGER BUYERS DELAYING PURCHASE, HOME OWNERSHIP PERCENTAGE FALLING, LOW INTEREST RATES CONTINUE, MORE FOR-SALE INVENTORY, AND FEWER OWNERS IN DISTRESS MARK 2014 IN CHICAGO THUS FAR! Unfortunately, still no "Full Recovery Mode" for the Housing Read More...
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...
DELAYED FORECLOSURES CREATE STRESS, UNCERTAINTY FOR THOSE WAITING TO LOSE THEIR HOMES
BANKS OFTEN DELAY FORECLOSURES TWO YEARS OR LONGER FOR HOMEOWNERS IN DEFAULT! Under "normal circumstances," IL Foreclosures take about nine months to one year to run their course - from the first court filing of mortgage delinquency, until the Read More...
FEAR OF BUYING? WHY ARE SO MANY PROSPECTIVE HOME BUYERS STILL HESITANT TO MOVE AHEAD?
HIGH UNEMPLOYMENT, MEDIA HYPE, PERCEPTION OF CONTINUED PRICE DECLINES STOP MANY BUYERS IN THEIR TRACKS! Here in the Chicago Real Estate Market, where Dean's Team works most frequently , prospective home buyers calling from all sources - referrals, 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...