Chicago Area Real Estate News and Foreclosure Statistics

Foreclosures Decrease in Winter Months

Over the past three years of ILFLS data, it is evident that the foreclosures in Cook County, Illinois have a trend of decreasing from December to January each year. In December 2009 there were 5,325 foreclosures in Cook County. In January 2010, there were
Posted: 04-09-2012 | Read More

Chicagoland Foreclosure Statistics for February 2012

The foreclosure situation in the Chicagoland area continues to be shaky. While January marked a noticeable improvement over December, the latest Chicago foreclosure statistics show that things didn't fare so well in February. According to information that
Posted: 03-30-2012 | Read More

Chicago Area Foreclosure Sales Doubled in January 2012

According to The Illinois Foreclosure Listing Service, ILFLS.com, the Chicagoland residential real estate picture improved in the first month of 2012. Across the seven county region, foreclosures posted a significant decline of 16.26 percent. At the same
Posted: 02-21-2012 | Read More

Chicago Foreclosure Activity in 2011 Indicates Hot Foreclosure Market in 2012

According to the Illinois Foreclosure Listing Service, ILFLS.com, new foreclosure filings in Chicagoland area have decreased in the last quarter of 2011, while the properties sold at foreclosure auctions were at their pick since 2007
Posted: 02-14-2012 | Read More

High year end foreclosure activity in Chicagoland area. New foreclosure filings dropped by 26.04%

According to numbers released by ILFLS.com, The Illinois Foreclosure Listing Service, in December, new foreclosure filings in Cook County have increased with 14.32% while in the rest of Chicago land, the numbers of new filings have dropped on average
Posted: 01-13-2012 | Read More

New Chicago Area Foreclosures Sales Soared in November of 2011

According to ILFLS.com, The Illinois Foreclosure Listing Service, the new foreclosure filings in Chicago area slightly increased in November 2011, while the properties sold at auction soared drastically. New foreclosure filings in the Chicago seven-county
Posted: 12-17-2011 | Read More

New Chicago Area Foreclosures Increase Slightly In October

New foreclosures filed in the Chicago area during October rose slightly compared with a month earlier but fell by nearly one third from a year ago. New foreclosure filings in the seven-county area tracked by ILFLS totaled 5,316 in October, compared with 5
Posted: 11-18-2011 | Read More

Residential Prices Seen Heading For New Low In June

Home prices are expected to drop another 3.6 percent by June 2012, bringing the nationwide average to a new low of 35 percent under the peak levels achieved in early 2006, according to a new report released last week.
Posted: 11-09-2011 | Read More