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distressed homes: Short Sale and REO Success in Northwest Indiana - 01/14/11 12:33 PM
Distressed home sales make up a fair share of the home sales market in Northwest Indiana, but not nearly the number in other markets around the country.  While exact figures are hard to uncover due to listing classification differences, a little over 11% of homes sold in Valparaiso (91 homes total) were either short sales or foreclosed (REO) home sales as shown in the GNIAR MLS. This figure does not include non-MLS or tax sale proceedings that were held by Porter County, so the ultimate figure is undoubtedly a bit higher.  As a comparison with an extremely distressed home market, California's … (0 comments)