MRED Blog

REinventing MLS . . .

Tag Archives: Multiple Listing System

Putting the Short in Short Sales

The times may be changing for transactions involving distressed properties as more banks become open to short sales and federal and lender changes are put in place to make them more attractive and efficient.

http://www.illinoisrealtor.org/magazine/10_2012shortsales

Sales of Distressed Properties on Two-Month Upswing

After a few months of declines, sales of Chicago-area homes that were either foreclosed or sole for less than the value of the mortgage increased in both July and August.

http://www.chicagomag.com/Radar/Deal-Estate/September-2012/Sales-of-Distressed-Properties-on-Two-Month-Upswing/