Illinois Q3 Foreclosures Up 31-Percent Over 2011CHICAGO (AP) - Illinois' third-quarter home foreclosure activity rose 31 percent compared to the same period last year. A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 42,176 foreclosure filings from July through September.
That represents one in every 126 housing units - the fourth-highest rate in the nation. That rate is almost 4 percent higher than in the second quarter of this year. On a monthly basis, Illinois foreclosures dropped 20 percent in September compared to August. Filings include default notices, auction-sale notices and bank repossessions.
Florida had the nation's highest third-quarter foreclosure rate - one in every 117 housing units. Arizona and California also have foreclosure rates higher than Illinois. Nationally, third-quarter foreclosure activity fell 13 percent compared to 2011.
See other LocalNews news:Bids Awarded on Several Marion and Jefferson County Road and Airport Projects
State Police Offer Tips to Stay Safe During Holiday Shopping
Carlyle Man Sentenced for Centralia Robbery and Kidnapping
Fire Damages Porch of Salem Home
A Ride Home Turns Into An Arrest For Salem Police