Chicago foreclosure rate slides
BY FRANCINE KNOWLES Business Reporter fknowles@suntimes.com November 20, 2012 7:26PM
Updated: December 22, 2012 6:20AM
Foreclosure rates in the Chicago area slid to 5.99 percent in September from 6.35 percent a year earlier and from 6.17 percent in August, CoreLogic reported.
The percent of homes in foreclosure has fallen month-over-month in four of the past six months, the report showed.
The mortgage delinquency rate in the area fell to 10.37 percent in September from 10.47 percent a year earlier and in August, according to the report.
The percent of homes 90-days or more delinquent have fallen month-over-month for eight straight months.
