News & trendsMarket conditions

Chicago still ranks high in foreclosures

by Joe Zekas on 2/28/14

Chicago ranked fourth among the 25 largest US metro areas in the percentage of mortgaged homes in foreclosure in January, according to data recently released by CoreLogic. The percentage of Chicago-area homes in foreclosure, 3.4%, declined a modest 2.1% year-over-year.

Another index that housing troubles are not yet behind us is that 7.4% of Chicago-area mortgages were seriously delinquent in January, the sixth-highest rate among large metro areas.

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Related posts:

  1. Chicago drops out of top 10 metros in foreclosure rate
  2. Chicago-area foreclosure rates in sharp decline
  3. Chicago foreclosure rate third-highest among large metros in October
  4. CoreLogic reports Chicago-area home price surge

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