Year-to-date (December 2011), close to one in four listings in New Castle County closed as a short sale or bank-owned property, and one in three in Kent County. Above, we see the figures for December alone, and below we see the figures for 2011 as a whole. The biggest difference between New Castle and Kent Counties is that 15.5% of REO or Bank-Owned properties settled in NCCO, while 22.6% closed in Kent. Short sale figures are almost identical, although the more populous northern county handled almost four times as many individual properties. .
Your resource for older homes in Delaware and Southern Chester County, Pennsylvania.
Carolyn Roland, GRI, CRS
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