Illinois' Home Foreclosure Activity Falls

State had 45,780 foreclosure filings in the first quarter of 2010

Thursday, Apr 15, 2010  |  Updated 10:30 PM CDT
View Comments (
)
|
Email
|
Print
Law Protects Renters from Foreclosure

Getty Images

Illinois home foreclosure activity during the first quarter of 2010 fell 4.6 percent from the previous quarter, but was still higher than the first quarter of 2009.

advertisement
Photos and Videos

CitiMortgage Launches Foreclosure Prevention Pilot Program

Program hopes to abate the number of homeowners who destroy and loot their homes as they enter foreclosure.

Law Protects Renters from Foreclosure

It is one of the untold casualties of the housing crisis: renters unfairly kicked to the curb when their landlords are foreclosed.
More Photos and Videos

Illinois home foreclosure activity during the first quarter of 2010 fell 4.6 percent from the previous quarter, but was still higher than the first quarter of 2009.

A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 45,780 foreclosure filings in the first quarter of 2010. Filings include default notices, auction-sale notices and bank repossessions.

The filings represent one in every 115 housing units in the state. That rate is nearly 17.5 percent higher than in the first quarter of last year and 9th-highest nationally.

Nevada again had the nation's highest foreclosure rate -- one in every 33 housing units.

Other states with foreclosure rates higher than Illinois were: Arizona, Florida, California, Utah, Michigan, Georgia, Idaho and Colorado.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get Our Weather App
Stay ahead of the storm with the NBC 5... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out