The latest numbers from Realty Trac show that foreclosure filings in the Chicago area fell in September. But experts say the crisis isn’t over, it’s just getting dragged out.Ed Jacob heads the non-profit group Neighborhood Housing Services of Chicago, which helps people buy homes and stay in them.
When people lose their jobs—and their homes—things like food and vet care for their animals start to look less like priorities.At the Animal Welfare League in suburban Chicago Ridge, behind doors plastered with posters asking for donations of dog food, are hundreds of panicked, barking dogs.
Foreclosure filings in Illinois jumped 18 percent from July to August, and that means the housing market still has a long slog ahead. The latest numbers from RealtyTrac show banks are starting to move ahead with foreclosures again.
Foreclosure activity dropped by more than a third this past year, according to the group RealtyTrac. But despite the national slowdown, regional companies that take care of foreclosed homes are still thriving.
Chicago Mayor Rahm Emanuel Wednesday announced a new foreclosure initiative that relies on community groups to identify abandoned properties.Standing in front of a rehabbed bungalow home in the Auburn-Gresham neighborhood, Emanuel laid out details for what the city calls the Micro-Market Recovery Pr
The city of Chicago could be near the end of a five-year legal battle for control of a former industrial site with potential to help form a 24-acre park. If an eminent-domain settlement holds up, the land could be an asset for a Mexican-American area of the Southwest Side.