“The market is still strong. It will assimilate these foreclosures. The impact is not as much as in areas like Austin, Humboldt Park and Englewood, where foreclosures will stay much longer, become vacant buildings and attract crime.”
– Irma Morales, director of the Home Ownership Center at the Chicago Department of Housing, quoted in today’s Booster about rising foreclosure rates in West Town and Logan Square.
(Visited 63 times, 1 visits today)