Morning Minute: Snapshot of January foreclosure trends

RealtyTrac has released its foreclosure report for the month of January and nationally, foreclosure starts hit a six-year low. Read the news release from RealtyTrac.

In Illinois, a judicial foreclosure state, Chicago-area foreclosure starts were up compared to December, but down compared to a year ago, the Chicago Tribune reports in the article, “Chicago-area foreclosures down from January 2012.”

Below find RealtyTrac’s latest Foreclosure Rate Heat Map:

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About Stephanie Sievers

Stephanie Sievers is Associate Editor for the Illinois Association of REALTORS®. She serves as Associate Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.