Foreclosure filings in the Chicago metro area jumped 43 percent in February from a year ago.The good news is that a jump in foreclosures means banks are working through their backlog and the end becomes closer in sight.
Updated on 11/15/11 at 11:20 a.m.A new study shows that Cook County’s persistent shortage of affordable rental housing has gotten even worse in recent years.For years, the constraint on affordable housing came from the overheated real estate market.
For a sixth year in a row, foreclosure filings climbed in the Chicago region last year. Collar counties saw big year-over-year jumps. That’s according to data from the housing research group Woodstock Institute.