homes for sale northern illinois: Northern Illinois Real Estate - December 2011 Housing Market Statistics for Lake Zurich
- 01/18/12 04:40 AM
Lake Zurich Illinois The market statistics for home sales in Lake Zurich IL for the month of December 2011. There were 16 sales in detached single family homes and 0 attached single family homes in Lake Zurich for the month of December 2011. The current inventory of homes for sale in Lake Zurich Illinois Zip Code 60047 is up vs last month and sales this month over last month are down for single family homes and down for attached single family homes. Our average LP of sold homes is up for single family homes and down for attached single family homes. Average Sale Price of homes sold is up for single family homes and downfor attached single family homes, our LP/SP ratio is the down for single family (0 comments)
The market statistics for home sales in Barrington IL and Deer Park IL zip code 60010 for the month of September 2010. The current inventory of homes for sale in Barrington, Deer Park Illinois Zip Code 60010 is higher vs last month and sales this month over last month is higher for single family & down attached family homes. Our average LP of sold homes is down for single family homes and up for attached single family homes September vs July. Average Sale Price of homes sold is down this month vs last for single family homes and up for attached single family homes, our LP/SP ratio is the down for single family (2 comments)
A meaningful recovery is being prolonged in a big way by the amount of distressed residential properties. There is an increasing backlog of distressed properties that need to be liquidated and then resold that have still not shown up on the market. This is a shadow of real estate inventory that is threatening to drive the value of homes down. Shadow inventory are properties that are REO (real estate owned), properties recently or currently in foreclosure status, or the borrowers aer 90 days or more delinquent on their mortgage payments. Read this article on the Shadow Inventory from www.DSNews.com, I found (1 comments)