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Where in Chicagoland Have Foreclosure Filings Fallen the Most?

by Peter Thomas Ricci

All of Chicagoland saw foreclosure filings plummet in 2013’s first half, though some areas improved more than others.

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Chicagoland’s mortgage markets put up some encouraging numbers in 2013’s first half, with foreclosure filings for the six-county region falling more than 36 percent compared to the same period in 2012, according to new data from the Woodstock Institute. With those declines, filings are now at their lowest mark since 2007.

Spencer Cowan, vice president of research at Woodstock Institute, said a number of factors could be behind the decrease.

Of course, the data varied wildly across Chicagoland, so our infographic below collects data for all of Chicagoland’s six counties, along with the Chicago neighborhoods and suburbs that saw the biggest declines in filings. Is your community on of the areas? See below to find out (and see here for Woodstock’s complete data).

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