What is the state of foreclosures in your area?

Real Estate Question of the Day

Editor’s note: In this segment, Inman News asked real estate professionals to weigh in about the state of the distressed-properties market in their local area.

Question: What is the state of foreclosures in your area?

Ken Tracy
Realtor
Keller Williams
Naperville, Ill.

Both (short sales and foreclosures) have been doing well. The quality of foreclosures is improving; the homes are much nicer and better taken care of.