Jan
14th
Thu
14th
Illinois 9th in Foreclosures
1 in 40 homes in Illinois have received foreclosure filings, that’s 131,000 homes.
Foreclosures have increased 29% from Q3 09 to Q4 09.
If you have lost a job, it now takes over 26 weeks to find a new one (chart coming soon). More under employed people will find it harder to make the mortgage payment.
The picture is not getting prettier.