Illinois Foreclosure Update:  November 8, 2010

This is like the never-ending bad dream, but the facts from Realty Trac tell the current foreclosure story.  

Illinois posted the nation’s 4th largest foreclosure activity total, with 47,802 properties receiving foreclosure filings.  It also was in the Top 10 for the 3rd quarter & also September 2010.  The state of Michigan posted the nation’s 5th largest foreclosure activity total, with 46,100 properties receiving foreclosure filings. Foreclosure activity in both Illinois and Michigan increased on a quarterly & annual basis in the 3rd quarter.

Listed below is the hotlink to all the details & charts:

http://www.realtytrac.com/contentmanagement/markettrendslibrary.aspx?a=b&channelid=9&itemid=10239&guid=0e39f81a-bd26-4d53-905b-07d8c8e73fa4&accnt=228058

Posted by:
Carol Best | www.CarolBest.net | Coldwell Banker Residential Brokerage in Barrington, IL | Carol@CarolBest.net |