Foreclosures continue to surge in Tri-Cities, Kane
The number of homes in foreclosure in and around the Tri-Cities increased in September, according to recent data.
On Thursday foreclosure tracking company RealtyTrac reported even as foreclosure activity slowed nationally, in Illinois and in Kane County’s communities, the foreclosure troubles did not improve last month.
Nationally, RealtyTrac reported the number of homes moving through the foreclosure process slipped about 16 percent in September, compared to the same month in 2011. However, in local communities, the foreclosure rate spiked in September, rising to levels last seen in 2010.
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