Tag: REO
![Chicago’s foreclosure rate 4th highest among top 20 metro areas Chicago’s foreclosure rate 4th highest among top 20 metro areas](https://i.yochicago.com/images/hpmain/947/296947.jpg?preset=yosize)
Chicago’s foreclosure rate 4th highest among top 20 metro areas
RealtyTrac just released its US Foreclosure Market Report for November 2014, which shows foreclosure filings — default notices, scheduled auctions [...]
![Chicago ranks highest in distressed property sales Chicago ranks highest in distressed property sales](https://i.yochicago.com/images/hpmain/958/294958.jpg?preset=yosize)
Chicago ranks highest in distressed property sales
The following arrived via news release from CoreLogic:
Distressed sales (REO and short sales) accounted for 11.4 percent of total home sales in [...]
![June foreclosures at lowest levels since 2006 June foreclosures at lowest levels since 2006](https://i.yochicago.com/images/hpmain/469/286469.jpg?preset=yosize)
June foreclosures at lowest levels since 2006
RealtyTrac released its Midyear 2014 U.S. Foreclosure Market Report today. The report reflects a 19% decrease in US foreclosure filings over the p [...]
![Illinois foreclosure starts down, completions up year-over-year Illinois foreclosure starts down, completions up year-over-year](https://i.yochicago.com/images/hpmain/206/282206.jpg?preset=yosize)
Illinois foreclosure starts down, completions up year-over-year
According to data just released by RealtyTrac, Illinois had the sixth-highest rate of foreclosure filings in the nation, with one in every 706 Ill [...]
![Foreclosure filings continue downward trend Foreclosure filings continue downward trend](https://i.yochicago.com/images/hpmain/472/283472.jpg?preset=yosize)
Foreclosure filings continue downward trend
RealtyTrac just released its Foreclosure Market Report for January 2014. The report shows foreclosures rising 8% month over month nationally, but [...]
![Number of new foreclosure filings plummets Number of new foreclosure filings plummets](https://i.yochicago.com/images/hpmain/257/289257.jpg?preset=yosize)
Number of new foreclosure filings plummets
RealtyTrac today released its U.S. Foreclosure Market Report for August 2013. The report shows foreclosure filings — default notices, scheduled au [...]
![Chicago foreclosures drop sharply as US activity ticks up Chicago foreclosures drop sharply as US activity ticks up](https://i.yochicago.com/images/hpmain/300/286300.jpg?preset=yosize)
Chicago foreclosures drop sharply as US activity ticks up
RealtyTrac has just released its July 2013 U.S. Foreclosure Market Report. The report shows foreclosure filings – default notices, scheduled aucti [...]
![Sellers taking losses at Jefferson Tower Sellers taking losses at Jefferson Tower](https://i.yochicago.com/images/hpmain/504/288504.jpg?preset=yosize)
Sellers taking losses at Jefferson Tower
The Fulton River District was still a new neighborhood, but it had become relatively established by the time that Jefferson Tower, 200 N Jefferson [...]
![Foreclosures, shadow inventory in steep decline, Chicago still troubled Foreclosures, shadow inventory in steep decline, Chicago still troubled](https://i.yochicago.com/images/hpmain/202/282202.jpg?preset=yosize)
Foreclosures, shadow inventory in steep decline, Chicago still troubled
CoreLogic released its May National Foreclosure Report yesterday along with a supplement featuring quarterly shadow inventory data as of April 201 [...]
![Bank repossessions rise 44 percent in Illinois Bank repossessions rise 44 percent in Illinois](https://i.yochicago.com/images/hpmain/944/161944.jpg?preset=yosize)
Bank repossessions rise 44 percent in Illinois
The following arrived via email from RealtyTrac:
RealtyTrac today released its U.S. Foreclosure Market Report™ for May 2013, which shows forecl [...]
![Foreclosures less of a market factor nationally, still high in Illinois Foreclosures less of a market factor nationally, still high in Illinois](https://i.yochicago.com/images/hpmain/389/247389.jpg?preset=yosize)
Foreclosures less of a market factor nationally, still high in Illinois
RealtyTrac today released its Q1 2013 U.S. Foreclosure & Short Sales Report, which shows that a total of 190,121 U.S. properties in some stage of [...]
![CoreLogic – Rising home prices put upward pressure on rents CoreLogic – Rising home prices put upward pressure on rents](https://i.yochicago.com/images/hpmain/679/287679.jpg?preset=yosize)
CoreLogic – Rising home prices put upward pressure on rents
Yesterday CoreLogic released its April MarketPulse Report (PDF, free registration required). The report includes a discussion of housing's anticip [...]
![Chicago foreclosure inventory decline badly lags national rate Chicago foreclosure inventory decline badly lags national rate](https://i.yochicago.com/images/hpmain/469/286469.jpg?preset=yosize)
Chicago foreclosure inventory decline badly lags national rate
According to data released yesterday by CoreLogic, of the nation's 25 largest CBSAs, Chicago had the third highest number of completed foreclosure [...]
![Shadow inventory down 28 percent from 2010 peak Shadow inventory down 28 percent from 2010 peak](https://i.yochicago.com/images/hpmain/360/287360.jpg?preset=yosize)
Shadow inventory down 28 percent from 2010 peak
CoreLogic released its January 2013 Shadow Inventory Report yesterday and issued the following news release:
CoreLogic® (NYSE: CLGX), a leading [...]
![Foreclosures, short sales were 43 percent of 2012 US sales Foreclosures, short sales were 43 percent of 2012 US sales](https://i.yochicago.com/images/hpmain/108/287108.jpg?preset=yosize)
Foreclosures, short sales were 43 percent of 2012 US sales
RealtyTrac today released its Year-End and Q4 2012 U.S. Foreclosure and Short Sales Report, which shows a total of 947,995 U.S. properties in some [...]
![Distressed properties dominate the market in Rogers Park Distressed properties dominate the market in Rogers Park](https://i.yochicago.com/images/hpmain/030/287030.jpg?preset=yosize)
Distressed properties dominate the market in Rogers Park
Rogers Park developers periodically fall prey to a state of irrational exuberance. The peak of the most recent mania had already passed in May of [...]
![Condo buyers need to do their homework Condo buyers need to do their homework](https://img.youtube.com/vi/D3wjyRNtcDo/hqdefault.jpg)
Condo buyers need to do their homework
Just over a year ago I visited the Springfield Vue condominium, a/k/a The Springview, at 1920 N Springfield, on the border of Logan Square and Her [...]
![RealtyTrac reports foreclosure inventory up 33% in Illinois year-over-year RealtyTrac reports foreclosure inventory up 33% in Illinois year-over-year](https://i.yochicago.com/images/hpmain/756/286756.jpg?preset=yosize)
RealtyTrac reports foreclosure inventory up 33% in Illinois year-over-year
RealtyTrac released its Year-End 2012 U.S. Foreclosure Market Report yesterday, and Illinois earned an unenviable spot in a number of its rankings [...]
![Nearly 1 in every 4 Illinois sales foreclosure-related Nearly 1 in every 4 Illinois sales foreclosure-related](https://i.yochicago.com/images/hpmain/469/286469.jpg?preset=yosize)
Nearly 1 in every 4 Illinois sales foreclosure-related
RealtyTrac released its Q3 2012 Foreclosure & Short Sales Report yesterday. In, Q3 24% of Illinois sales, or nearly in every 4, were foreclosure-r [...]
![CoreLogic – Illinois one of top states in foreclosures CoreLogic – Illinois one of top states in foreclosures](https://i.yochicago.com/images/hpmain/389/247389.jpg?preset=yosize)
CoreLogic – Illinois one of top states in foreclosures
CoreLogic released its National Foreclosure Report for October yesterday. The report provides data on completed U.S. foreclosures and the overall [...]