Chicago Area Real Estate News and Foreclosure Statistics

Chicago Land Foreclosure Trends for 2011 based on 2010 statistics

As predicted by ILFLS.com in the beginning of 2010, there was a steady increase during the whole year, with some slowdown in numbers in September and October, due to the moratorium on new filings.
Posted: 03-16-2011 | Read More

FAQs on Purchasing Homes in Foreclosure

What is the difference between foreclosure and preforeclosure? How long does the foreclosure process take?
Posted: 08-31-2010 | Read More

Chicago land foreclosure trends for 2010 based on 2009 statistics

The most affluent county in Illinois, DuPage County (24.84%), has taken 2nd place after Kane County (26.23%) as a percent increase compared to 2008.
Posted: 02-24-2010 | Read More

Chicago Real Estate Foreclosure Trends - Fall 2009

The Chicago real estate foreclosure trend seems to be following the same path it has been for the last three years or more.
Posted: 11-02-2009 | Read More

Chicago Foreclosure Rates Increase

Across the United States the economy has taken a heavy toll on consumers in the way of record unemployment and home foreclosures. One of the areas hit
Posted: 10-07-2009 | Read More

Lake County Sheriff Office to hold all of the foreclosure sales

The Lake County Sheriff plans to occupy all of the foreclosure sales in Lake county in an effort to raise the county revenue.
Posted: 07-16-2009 | Read More

The Rise of The Foreclosures - Rental Market Impact

As foreclosures are obviously on the rise, Illinois ranks the fifth highest state of foreclosure in the nation.
Posted: 06-26-2009 | Read More

State of Illinois Homeowner Protection Act of Senate Bill 2513

Senate Bill 2513 will give homeowners facing foreclosure time to fix loans so they can stay in their homes
Posted: 04-19-2009 | Read More