Foreclosures and preforeclosures made up a large part of homes selling in the Fox Valley area of Illinois last month. In addition the number of homes on the market continues to decline. Both of these trends bode well for the housing industry, although “complete” recovery is probably still many months away.



The percentage of homes that are bank owned (foreclosed) or on the verge of (short sales) made up nearly 50% of the homes actually selling last month. If you break the homes for… Continue