Chicago Area Foreclosures up 35% in 3rd Quarter
As reported by Crain's Chicago business today, the Chicagoland area is experiencing an extremely high level of foreclosure activity. Here's the hotlink to the Crain's article for details: http://www.chicagorealestatedaily.com/article/20101028/CRED0701/101029889/chicago-foreclosure-activity-up-35-in-third-quarter
While all real estate is definitely local, the properties that are selling are the ones where the Buyers are looking for a steal or a deal. It is such a sad state of affairs & now the brilliant economists are talking about a turnaround - but maybe not until 2012! What a giant mess with so many sellers going thru such a painful time in their lives & watching their nest eggs evaporate with a 25-30% loss in value just these past 3+ years.
1 in every 333 homes received a foreclosure filing in September of 2010! [those details might be cut off when you view the below graphic]
For your private showing appointment on ANY property listed for sale, call or text Carol Best @ 773-799-5939 or e-mail to: Carol@CarolBest.net
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