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Home Growing Concern About the Number of Forecl...

Growing Concern About the Number of Foreclosures on the Market

Information comes directly from the MLS.

The number of homes in pre-foreclosure or foreclosure appears to be the focus of most people these days and for a number of reasons.

First, the shear number of homes in foreclosure is growing everyday.

In Cook County 20% of all active listings are either pre-foreclosure short sales or bank owned foreclosures.

County # of Active Listings # of Short Sales # of Bank Foreclosures Percent of Total
Cook 24,440 2,995 1,801 20 %
Lake 6,532 594 325 14%
McHenry 3,153 302 169 15%
Dupage 6,175 565 293 14%
Kane 4,265 473 245 17%
Will 5,445 532 306 15%
Posted Tuesday Apr 14