Glenview, IL Foreclosures & Short Sales

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Distressed Properties, Short Sales and REO's or Foreclosures in Glenview, IL

 

The table below shows the numbers of distressed properties in the past 3 years.

Distressed property means that a property is in a short sale or is a REO "real estate owned" and not necessarily a damaged home. 

 

As of February 2nd there are 26 short sales and REO's on the market compared to 33 properties in February of 2015.

 

To buy a foreclosed or a short sale property requires patience. These properties tend to have very little room to negotiate according to the data.

They are likely to be priced 10% to 25% below market value. Mulitple offers are common in this situation. 

 

Forecolsures & Short Sales in Glenview, IL

 

 

More real estate market reports and other information about Glenview, IL can be found on HomesByHaris.com here.

If you are looking to buy or sell a home, or purchase new construction in Glenview, IL or Chicago North Shore and Northwest Suburbs, contact me today 847-878-2588 ! 

What is your home worth ? ASK me for FREE comparable market analysis.

 

 

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