Illinois foreclosure activity dips 6% in August - KMSP-TV

Ill. foreclosure activity dips 6% in August

Posted: Updated:
CHICAGO (Associated Press) -

Illinois home foreclosure activity fell 6% in August compared to July, and has fallen almost 60% in the last year.

A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 7,289 foreclosure filings in August. That represents a rate of 1 in every 725 housing units - the eighth-highest in the nation.

Filings include default notices, auction-sale notices and bank repossessions.

Nevada had the highest foreclosure rate in August - one in every 359 housing units. Other states with foreclosure rates worse than Illinois were Delaware, Florida, Indiana, Maryland, Ohio and Utah.

Nationally, the foreclosure rate in August was almost 2% lower than in July and 34% lower than August of 2012.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow Us!

Share Your Photos & Video

Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices