More on Illinios Foreclosure Numbers

By
Real Estate Broker/Owner with Northern Illinois Real Estate

More RealtyTrac numbers on Illinois as reported by the Tribune:

  • 131,132 homes received a foreclosure filling in 2009
  • about 1 in every 40 homes received a filing
  • This a 32% increase over 2008 fillings

See the November 09 numbers in this previous blog post.

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We subscribe to RealtyTrac and are the exclusive pre-screened real estate company in McHenry, Huntley, Woodstock, Wonder Lake and Wauconda. 

 

 

Comments (2)

Randy Schulenburg
Schulenburg Realty, Inc. - Pingree Grove, IL
Schulenburg Realty, Inc.

It's amazing the number of foreclosure filings, Scott.  These tough times aren't going away anytime soon for those without work and without options to reduce their monthly expenditures.

Have a great year.  Hopefully we'll be able to do some business together this year.

Jan 15, 2010 04:07 AM
OK and Associates Realty Plus
Northern Illinois Real Estate - McHenry, IL

Hi Randy,

Thanks for the comment.  I see the numbers going up even more this year, but hopefully we see more job creation in Chicagoland (I'm trying to create a few jobs myself!) and maybe some more loan work-outs. 

Jan 20, 2010 10:34 AM