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Winnetka, Wilmette, Glencoe Had Few Distressed-Home Sales in 2012

Fewer than 12 percent of home sales in the three North Shore suburbs were distressed-home sales.

 

Winnetka, Wilmette and Glencoe were among the five suburbs with the fewest number of distressed-home sales in northern Illinois in 2012, Crain’s Chicago Business reported. 

Distressed-home sales, such as foreclosures or short sales, accounted for 46.7 percent of all 2012 home sales in northern Illinois but in the three North Shore communities distressed-home sales accounted for fewer than 12 percent of all home sales—only 8 percent of home sales were distressed sales in Winnetka, that figure was 10.1 percent in Wilmette and 11.9 percent in Glencoe, Crain’s Chicago Business reported. 

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Vref March 11, 2013 at 09:04 PM
Of course, that's where the CEO's live.
Margaret Goss March 12, 2013 at 04:34 PM
Potential buyers often call asking about good deals for distressed properties - it's good news that I have to tell them they are few and far between. Yes, there have been some amazing sales, but those numbers don't surprise me at all.

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