4 out of 10 Homes Sold were Foreclosures in First Quarter of 2009

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More striking is the percentage of pre-foreclosure and foreclosures sales for the first quarter of this year.

4 out of 10 sales in the first quarter of 2009 was a pre-foreclosure or foreclosure sale.

For every Short Sale sold there was an equal number of Bank foreclosure sold in the first quarter of 2009.

County # of Single Family Sales # of Short Sales # of Bank Foreclosures Percent of Total
Cook 3,559 762 743 42 %
Lake 707 151 119 38%
McHenry 340 89 51 41%
Dupage 712 147 87 33%
Kane 462 142 63 44%
Will 776 176 162 44%

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