Monday, July 23, 2012
'Crain's Chicago Business' analyzed the largest 100 Chicago suburbs and came up with the list of 10 healthiest and 10 rockiest in terms of the percent of homes in foreclosure.
Lake Forest, Wilmette and Highland Park rank among the 10 healthiest Chicago suburbs in terms of the number of homes in foreclosure, according to a study by Crain's Chicago Business. The paper looked at the 100 largest Chicago suburbs and ranked them by the number of lender-owned homes for every 1,000 mortgageable properties. On the North Shore, Lake Forest was the big winner with only 1.5 lender-owned homes per 1,000. Wilmette came in at 2.4 and Highland Park at 2.5. To see the full list of the healthiest 10 and the rockiest 10, and median home prices for those communities, click here. It's displayed in a nice looking graphic, too.
Tuesday, June 21, 2011
The Neighborhood Community Foundation, a nonprofit foreclosure prevention agency, hosts an informational program in Northbrook June 21.
One of every 812 housing units in Wilmette received a foreclosure filing in May, according to the online real estate database RealtyTrac. In Cook County as a whole, the figure is even higher: one of every 385 homes in the region received a foreclosure filing last month. If you’re worried about losing your home—or already mired in the process—the nonprofit Neighborhood Community Foundation hopes to help, with a workshop tonight in Northbrook. "You have to be proactive about saving your house,” says Chicago area foreclosure defense attorney and keynote speaker Adam Tracy. During the workshop, Tracy will discuss loan modifications, federal foreclosure programs and lender violations to watch out for. “We’ll spend some time on the process, …
Monday, January 31, 2011
Despite contributing $6.5 billion to north suburban economy, foreign-born residents often not on local governments' radar.
When Skokie banned the parking of taxicabs on its streets overnight, some residents didn't even notice. But for members of one South Asian immigrant group, many of whom drive taxis, the move was onerous. It outlawed the vehicles by which they made their living. That's an example of the lack of communication between immigrants, who make up about a third of the population in many northern suburbs, and village governments, according to a report released Friday by the Interfaith Housing Center of the Northern Suburbs. Immigrants contribute $6.5 billion to the local economy, yet villages don't often have them on their radar, according to the report, "Open to All? Different Cultures, Same Communities: A Look at Immigrants and Housing in Chicago’…