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Dane County Distressed Property Index just under 25%

By
Real Estate Agent with RE/MAX Preferred, Madison, Wisconsin

The June Dane County Distressed Property Index dipped below 25%. Although the index is down slightly, it is still very high from a historical perspective.

DPI Report

It's very possible the index could rise again if foreclosures remain high and home sales slow over the next several months.

Dan Miller, Realtor, Keller Williams Realty and www.DaneCountyMarket.com

 

Comments (2)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Sorry to read that it is still high.Hope your market will improve.

Jul 23, 2010 12:18 AM
Dan Miller
RE/MAX Preferred, Madison, Wisconsin - Madison, WI
Helping you Buy and Sell in Madison, Wisconsin

Our market is actually better than most :). Even in the very best of markets, a surprisingly high number of sales are for distressed properties.

Jul 24, 2010 12:58 AM