Illinois Foreclosures Soared

December 19, 2008

California-based RealtyTrac said that home foreclosure filings at the city of Illinois have skyrocketed to 31 percent this October—a big leap compared to the rates of Illinois foreclosure properties last year. On the national level, the rate of properties to foreclosure jumped to 25%. RealtyTrac said that the data means that one out of 452 homes has received a foreclosure notice.