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Foreclosure Rate Of Homes For Sale In Chicago Suburbs Ranks High In Nation

 
Weeds overrun the yard of a vacant home being offered for sale May 12, 2009 in Elgin, Illinois. Suburban Chicago is seeing an increase in home foreclosures driven by job losses rather than subprime mortgages. About 20 percent of the homes for sale in Elgin are in foreclosure or short sales. In nine out of 10 U.S. cities home prices continued to fall during the first quarter of the year.
Foreclosure Rate Of Homes For Sale In Chicago Suburbs Ranks High In Nation
Weeds overrun the yard of a vacant home being offered for sale May 12, 2009 in Elgin, Illinois. Suburban Chicago is seeing an increase in home foreclosures driven by job losses rather than subprime mortgages. About 20 percent of the homes for sale in Elgin are in foreclosure or short sales. In nine out of 10 U.S. cities home prices continued to fall during the first quarter of the year.
( - Photo by Scott Olson/Getty Images North America)
A vacant home is offered for sale May 12, 2009 in Elgin, Illinois. Suburban Chicago is seeing an increase in home foreclosures driven by job losses rather than subprime mortgages. About 20 percent of the homes for sale in Elgin are in foreclosure or short sales. In nine out of 10 U.S. cities home prices continued to fall during the first quarter of the year. A vacant home is offered for sale May 12, 2009 in Elgin, Illinois. Suburban Chicago is seeing an increase in home foreclosures driven by job losses rather than subprime mortgages. About 20 percent of the homes for sale in Elgin are in foreclosure or short sales. In nine out of 10 U.S. cities home prices continued to fall during the first quarter of the year. A vacant home is offered for sale May 12, 2009 in Elgin, Illinois. Suburban Chicago is seeing an increase in home foreclosures driven by job losses rather than subprime mortgages. About 20 percent of the homes for sale in Elgin are in foreclosure or short sales. In nine out of 10 U.S. cities home prices continued to fall during the first quarter of the year. A home is offered for sale May 12, 2009 in Elgin, Illinois. Suburban Chicago is seeing an increase in home foreclosures driven by job losses rather than subprime mortgages. About 20 percent of the homes for sale in Elgin are in foreclosure or short sales. In nine out of 10 U.S. cities home prices continued to fall during the first quarter of the year.
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