Illinois foreclosures climb 32.6 percent in 2012


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Posted Online: Jan. 17, 2013, 9:04 am
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CHICAGO (AP) Illinois home foreclosure activity rose 32.6 percent in 2012 compared to the previous year. But it was almost 10 percent lower than in 2010.

A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 136,603 foreclosure filings last year. That represents a rate of one in every 39 housing units, or 2.58 percent of all homes. It's the fifth-highest rate in the nation.

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

Florida had the nation's highest foreclosure rate one in every 32 housing units. Other states with foreclosure rates worse than Illinois were Nevada, Arizona and Georgia.

Nationally, last year's foreclosure activity fell almost 3 percent from 2011. That was 36 percent lower than in 2010.
















 



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  Today is Tuesday, Sept, 30, the 273rd day of 2014. There are 92 days left in the year.

1864 — 150 years ago: The ARGUS Boys are very anxious to attend the great Democratic mass meeting tomorrow and we shall therefore, print no paper on the day.
1889 — 125 years ago: H.J. Lowery resigned from his position as manager at the Harper House.
1914 — 100 years ago: Curtis & Simonson was the name of a new legal partnership formed by two younger members of the Rock Island County Bar. Hugh Cyrtis and Devore Simonson..
1939 — 75 years ago: Harry Grell, deputy county clerk was named county recorder to fill the vacancy caused by a resignation.
1964 — 50 years ago: A new world wide reader insurance service program offering around the clock accident protection for Argus subscribers and their families is announced today.
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