 A report released Thursday by Irvine, Calif.-based RealtyTrac shows
10,942 foreclosure filings in Illinois last month. Filings include
default notices, auction-sale notices and bank repossessions.
The Illinois filings dropped 20 percent from April's level but
were almost 10 percent higher than May of last year.
One in every 479 housing units in the state received a
foreclosure filing in May. That's below the national average but
high enough to rank Illinois 11th nationally.
[Associated Press]
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