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Illinois Still Has High Foreclosure Rate

Foreclosure sign
Foreclosure sign

The rough financial situation in Illinois continues to trickle down to its homeowners. 

A new study released by Realty Trac shows Illinois ranked number 5 in the nation for the number of foreclosures in February. 

The only places worse than Illinois were Florida, Maryland, Nevada, and New Jersey. Nationally foreclosure numbers are the lowest they’ve been since 2006. 

Locally Edgar county received a very favorable report, seeing nearly 10 times fewer foreclosures than the recent national trend.