St. Charles IL Short Sale and Foreclosure Market Report

This is a very interesting report.. I have not seen a similar type of report for So. New Hampshire. 

Leslie, interesting information for home buyers and home sellers in St Charles IL.  Is this an improvement over last year?  

Hi Leslie,

Great information for buyers and sellers in St. Charles.  Best of success to you this year!

Great info Leslie.  Very nice market report about short sales and foreclosures in St. Charles.                                           

WOW!!!!!!!!!!!!!!!! This si some good Info for all in your area,Keep up the good job and good luck with your business in 2012,  E

Leslie - Great real estate market report for Short Sales and Foreclousres in your area.

I have not done a market update recently but I know that when I do it will show a drastic lack of inventory. Even short sales and REO inventory is way down. I recently did a search in through zip codes of Fremont, Ca. – a city of more than 200,000 – and used typical first time buyer criteria. Surprise! No REOs and No Short Sales! This in an area with sought after schools which drive buyers to compete for the properties that do come on the market.

Looks like your market is doing a great turnaround.  Short sales will now always be with us but your percentages are down.

Good job, Leslie.  We're seeing a decline in REOs while short sales increase, but even short sales are down from their trend through the first 6 months.  

Leslie,

Great post.  Informative and educational all in one graph, now all clients need to do is pick up the phone and call you to put some some distressed properties under contract and get them out of the market!

Keep up the good work.

Michael

Leslie, looks like "regular" closed sales are do good in St. Charles. Nice market report.