Our local newspaper, The Daily Journal recently reported that Kankakee County Foreclosures that were filed countywide were lower in May compared to years past. Only 18 foreclosures were filed this May, compared to 45 in May of 2008. This represents a six year low in foreclosure filings.
As for the first five months of 2009, 259 foreclosures have been filed but on a positive note that is lower compared to 2008 when 300 foreclosures were filed.
Interest rates are low, plenty of homes to choose from and if you are a first time homebuyer, you may be eligible for a $8000 tax credit. Looking for a home? , contact Brian today.
