Julie's Blog

head_left_image

43% of all Joliet IL home sales in the last 30 days were short sales or foreclosures | Joliet IL Homes

There were 60 home sales in Joliet IL over the last 30 days.  Of those 60 homes that sold 43% of them were short sale or REO properties.

The difference in the number between short sales and bank owned properties in Joliet IL is somewhat alarming.  40% of the homes were actual bank owned foreclosure sales, while only 3% of those sales were short sales.

The discrepancy in this number can either be attributed in the difficulty of getting a short sale accepted by the lender, or because more and more homeowners are simply walking away or giving up on trying to avoid a foreclosure.

The range in home prices that closed in Joliet IL over the last 30 days was $26,500 - $479,000

If you are looking for a home in the northwest side of Joliet IL, call me at 630-673-6233.  I can help you get the best deal on a new Joliet IL home with my experience of the current real estate market, including my experience with short sales.

If you own a home in Joliet IL and you are behind in payments, call me about doing a short sale on your home at no cost to you to avoid a foreclosure.  

Julie Ferenzi | Realtor®
Joliet IL Homes
630-673-6233

0 commentsJulie Ferenzi • May 25 2009 10:47PM

Comments

This blog does not allow anonymous comments