Chicago had the third-highest foreclosure rate among the 20 largest metropolitan areas in October, according to data just released by RealtyTrac. One in every 427 homes in Chicago had a foreclosure filing during October.
Chicago foreclosure activity fell for the 11th consecutive month on a year-over-year basis, but the metro area saw a 30 percent month-over-month jump in foreclosure starts.
The full report is available at RealtyTrac.
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