Chicago foreclosure activity up from April to May, down annually

  • RealtyTrac reports foreclosure activity is below 2006 levels throughout the nation, but 18 states are still posting gains.
  • Jasper and Lake counties in Indiana both posted foreclosure activity gains surpassing 100 percent month-over-month in May.
  • Cook County saw an increase of 10.65 percent in foreclosure activity in May over April.

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A sure-fire sign of an improving real estate market is the fall of foreclosure activity, and luckily those trends are down throughout the nation for the eighth consecutive month, according to RealtyTrac’s newly released data.