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Foreclosures - many in bad shape...but the percent in good shape in the Chicago area seems to be higher than in the past...

By
Real Estate Agent with Buyer Broker Chicagoland - CHICAGO IL AND SUBURBS
This article talks about foreclosures being in bad shape.

While many are - there are many in the Chicago area that are in pretty good shape. In fact - I'd argue (based on my observation over time in the Chicago area) - as a percentage - foreclosures are in better shape now than they used to be (overall.)

Agree that the NUMBER of homes in poor condition is high. But as a percentage of all foreclosures - it seems to be lower than in the past. Comments?

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