Chicago holds higher percentage of foreclosures compared to rest of state

  • The national foreclosure rate (0.9 percent) is the lowest in nearly a decade.
  • Illinois’ foreclosure inventory reached 1.1 percent of all mortgaged homes as of July.
  • Chicago's foreclosure inventory dropped 32.6 percent annually.

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After years of consistent improvements, the national foreclosure rate is at its lowest level in nine years, according to CoreLogic’s July 2016 National Foreclosure Report.