Foreclosures surge in August in Tri-Cities
Foreclosure activity surged in the Tri-Cities and Kane County in August, mirroring a trend noted statewide, according to data.
Home foreclosure tracking company RealtyTrac reported this week that Illinois logged the highest foreclosure rate of any state in the U.S., with one in every 298 homes in some part of the home mortgage foreclosure process.
Kane County and the Tri-Cities were not immune from the foreclosure flood plaguing the state. According to RealtyTrac data, some local communities logged foreclosure rates greater than the state average.
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