Tag Archives: River Forest Homes

River Forest Property Declines May Be Misleading

Posted by John Plepel in Market Reports, News, River Forest, Uncategorized | Tagged , , , | Leave a comment

At first glance, it appears that property values in River Forest realized another significant loss in 2010. A closer look at the numbers, however, indicates that the largest factor in the 9.44% decrease in the Average Sales Price for River Forest Single-Family homes may be exaggerated Continue reading

New Short Sale Legislation To Help Distressed Homeowners

Posted by John Plepel in News | Tagged , , , , , , | Leave a comment

New legislation went into effect last week to help homeowners that are “upside down” with their mortgage avoid foreclosure. The Home Affordable Foreclosure Alternatives Program (a.k.a HAFA) gives participating banks specific guidelines, including timelines, for processing “short sale” transactions. Continue reading