News & trendsMarket conditions

Foreclosure filings continue downward trend

by Joe Zekas on 2/13/14

RealtyTrac just released its Foreclosure Market Report for January 2014. The report shows foreclosures rising 8% month over month nationally, but down 18% year-over-year in January. January marked the 40th consecutive month of year-over-year decline in the number of homes in foreclosure.

The Chicago metro area tracked the national pattern, with foreclosures rising 2.9% month over month and declining 34.88% year-over-year. One of every 451 homes in the Chicago area was in some stage of foreclosure, more than double the national rate of one in every 1,058.

You can access the full report at RealtyTrac.

Share:
  • Facebook
  • Google Buzz
  • Digg
  • LinkedIn
  • StumbleUpon
  • del.icio.us
  • Google Bookmarks
  • Live
  • Posterous
  • Reddit
  • Technorati
  • Tumblr
  • email

Related posts:

  1. Chicago drops out of top 10 metros in foreclosure rate
  2. Chicago-area foreclosure rates in sharp decline
  3. One-third of mortgaged Chicago-area homes are deeply in the red
  4. Chicago sales volume up 31% year-over-year in October
  5. CoreLogic reports Chicago-area home price surge

Leave a Comment

Previous Post:

Next Post: