Chicago's foreclosure rate was higher than New York, Philadelphia and Dallas, but lower than Los Angeles, according to the latest RealtyTrac U.S. Foreclosure Market Report.
One in every 475 households in the Chicago metro area received a foreclosure filing in February, the second highest foreclosure rate among five of the nation’s largest metropolitan areas.
RealtyTrac publishes the largest and most comprehensive national database of foreclosure and bank-owned properties, with over 1 million properties from nearly 2,500 counties across the country, and is the foreclosure data provider to MSN Real Estate, Yahoo! Real Estate and The Wall Street Journal’s Real Estate Journal.
Sunday, April 6, 2008
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