Fewer Chicago Foreclosures, but Illinois Real Estate Still Suffering (Angie's List)

By Steven Jack 

Foreclosures in the Chicago area continue to decline, according to newly released real estate research that indicates foreclosure filings in the first half of 2014 decreased nearly 40 percent from the same time one year ago.


The data from The Woodstock Institute, a suburban financial nonprofit research and policy organization, shows foreclosure filings — the first step in the foreclosure process — went down 37.7 percent year over year in the six-county Chicago region. 

Final foreclosure auctions in the area also declined by 16.7 percent.

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