News & trendsMarket conditions

Illinois ranks fourth nationally in foreclosure filings

by Joe Zekas on 6/10/14

According to a just-released RealtyTrac report, Illinois had the fourth highest rate of foreclosure activity in the nation. Per RealtyTrac:

Illinois foreclosure activity decreased 23 percent on a year-over-year basis in May, but two consecutive months with annual increases in REO activity boosted the state’s foreclosure rate to fourth highest nationwide in May. One in every 790 Illinois housing units had a foreclosure filing for the month.

Chicago ranked 16th among metropolitan statistical areas, with one in every 573 homes in some stage of foreclosure.

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

Related posts:

  1. Foreclosure filings continue downward trend
  2. Illinois ranks third in seriously underwater mortgages
  3. Illinois foreclosure starts down, completions up year-over-year
  4. Chicago drops out of top 10 metros in foreclosure rate

Leave a Comment

Previous Post:

Next Post: