Archive for foreclosure

NBA Star Dwyane Wade’s Suburban Home Facing Foreclosure

The former suburban Chicago home of Miami Heat guard Dwyane Wade is currently facing foreclosure. According to TMZ, the NBA superstar is worth approximately $100 million, and brings in roughly $30 million a year, so what’s going on? Wade lived in the 7,800 square foot South Holland home with his wife and children until 2007, [Read More]

August 24, 2014 | Author: Curbed Chicago | Comments: Comments Off | Categories: Chicago Real Estate News, City of Chicago, Single Family Homes

Chicago Foreclosures Down 35% from a Year Ago

Foreclosure activity in the Chicago area rose about 3 percent in January from a month earlier but was down almost 35 percent from a year ago, according to RealtyTrac.

February 15, 2014 | Author: Chicago Tribune | Comments: Comments Off | Categories: Chicago Real Estate News

Buying a Home After a Short Sale or Foreclosure

If you recently went through a short sale or foreclosure and are wondering when you should try to buy another home in Chicago, you are not alone. With the economy on the rebound, many Americans who experienced housing problems like a short sale or foreclosure during the recent economic downturn will soon be hitting the [Read More]

July 29, 2013 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Economy, Education, New Homes, Single Family Homes

Illinois Foreclosure Activity Still Among the Highest in the Nation

RealtyTrac’s quarterly U.S. Foreclosure Market Report™ for March and the first quarter of 2013 showed a 1 percent decrease in foreclosures nationally from the previous month and a 23 percent decrease from March 2012. The decrease in March helped drop first quarter foreclosure numbers to the lowest level since the second quarter of 2007. Foreclosure [Read More]

April 25, 2013 | Author: Amanda Winters | Comments: (0) | Categories: Economy, Economy AOI, Featured

National Foreclosure Inventory Sees 9 Percent Rise from 2012

Fresh numbers from RealtyTrac show that while inventory is currently low, there are more foreclosures back in the pipeline that will be coming onto market soon. The first-ever U.S. Foreclosure Inventory Analysis shows that 1.5 million properties were actively in the foreclosure process or were already offered as bank-owned properties in the first quarter of [Read More]

April 14, 2013 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Economy, Economy AOI

Rules Change for Chicago Foreclosures

There’s great news coming for those that are on the borderline of Chicago real estate foreclosure. New rules are coming soon to give a greater degree of protection to homeowners that are either faced with or approaching the edge of foreclosure. These new rules, which were announced by the Illinois Supreme Court, are designed to [Read More]

March 06, 2013 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Featured, Mortgages
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