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Lansing, IL Real Estate News

By James A. Browning, MRE REOCertified(R) SSCertified
(Browning Real Estate School/REO Institute)
  Illinois Takes Lead for Foreclosure Rate, REOs Continue to Fall 09/13/2012 By: Esther Cho A new state took the spotlight in RealtyTrac’s Foreclosure Market Report for August. For the first time since January 2005, which is when RealtyTrac began the report, Illinois ranked number one for its foreclosure rate. In August, one in every 298 Illinois housing units had a foreclosure filing.     The state also saw foreclosure activity hike 29 percent from July, and on a yearly basis, foreclosure starts were up 18 percent, scheduled foreclosure auctions shot up 116 percent, and bank repossessions increased by 41 percent. Florida ranked second, where one in every 328 housing units had a foreclosure filing, followed by California, Arizona, and Nevada The increases in Florida and Illinois pushed ...
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By Chuck Dellorto, "Talk To Chuck"
(Coldwell Banker - Serving INDIANA & ILLINOIS)
Detached Single Family Bedrooms # Sold % Sold Avg LP (Sold) Avg SP SP:LP Ratio Avg MT (Sold)     All 354 100% $171,317 $166,708 97% 129     2 or Less 59 100% $111,352 $108,180 97% 132     3 193 100% $167,909 $163,620 97% 130     4 88 100% $203,467 $198,936 98% 129     5 or More 14 100% $268,921 $253,353 94% 101       Presented By: Chuck Dellorto McColly Real Estate   Primary: 219-864-7516 Secondary: 219-793-6154 Other:     E-mail: dellorto@mccolly.com 850 Deer Creek Drive Schererville, IN 46375 219-322-5508 Fax :  219-322-0311 See our listings online: Web Page: http://www.chuckdellorto.com     All information herein has not been verified and is not guaranteed.Copyright ©2007 MLSNI, All rights reserved.
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
Market Statistics Criteria for: detached single family homes and attached single dwellings: (condominiums and townhomes)Status: Active, Back on Market, Contingent, New, Price Change, Re-activated, Pending, Closed, Expired   Area: Lansing   Property Type: Detached Single, Attached Single   Months Back: Three Months   Active Listings Detached SingleBedroomsNumber ActiveAverage List PriceAverage MarketingTimeAll247$183,2851182 or Less44$121,348953135$178,152117459$219,1281395 or More9$328,100104Attached SingleBedroomsNumber ActiveAverge List PriceAverage MarketingTimeAll40$86,082106None1$44,90082 or Less35$80,91110934$141,625101Off-Market Listings Detached SingleBedroomsNumberSoldPercent SoldAverage List Price (Sold)Avg SPSP:LP RatioAvg MT (Sold)Avg LP (Unsold)% ExpdAll4439%$175,722$171,24...
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By Diane Rice, SFR, SRES, CNC
( Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL)
Multiple Listing Service Market Statistics for Lansing, Illinois- Last 6 Months Averages  Status: Six Month Active Listings (August 2006 to January 2007)(Pending Contracts, Contingencies, and Off Market properties  are NOT included in this report) Property Type: Detached Single and Attached Single: (Multi-family, vacant land, and commercial property, were not included in this report)  Detached Single BedroomsActiveAvg. List PriceAvg. Time on MarketAll222$184,150115    two or Less34$118,12198    three126$177,065109    four54$221,455147    five or More8$324,55078    Attached Single BedroomsActiveAvg. List PriceAvg. Time on MarketAll31$88,819101    two or Less27$80,811103    three4$142,87585    http://www.ricepropertymanagement.com/ 708-862-7423 (RICE)Where the RIGHT price is the "RICE" pr...
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