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Topic: Illinois in top 5 for
foreclosures in 2012 |
Illinois in top 5 for
foreclosures in 2012
Chicago Tribune, by Mary Ellen Podmolik
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Original Article
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Posted By:JoniTx, 1/17/2013 1:03:57 PM
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| Foreclosure activity fell 3 percent on a national level last year from 2011 but higher foreclosures in half of the states, including Illinois, showed the uneven pace of the housing recovery. Homeowners, including those in the Chicago area, did get some good news in a second report issued Thursday that showed fewer homeowners were underwater on their mortgages. Nationwide, foreclosure notices were filed against 1.84 million properties last year, a sizable decline from 2010, the peak year, when foreclosures affected 2.9 million properties, according to a year-end RealtyTrac report issued Thursday.
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Reply 1 - Posted by:
formerNYer, 1/17/2013 1:34:47 PM (No. 9122377)
Isn´t Illinois a blue state full of loony democraps? just sayin.
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Reply 2 - Posted by:
mickturn, 1/17/2013 1:45:45 PM (No. 9122403)
A liberal utopia at it´s finest.
Why don´t Republicans sieze on these failures and shove them into Libs faces when he talks about how bad they are...
Nothing tells a true story like success or FAILURE!!!!!!!
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Reply 3 - Posted by:
Bobn.T, 1/17/2013 1:45:52 PM (No. 9122404)
And Chicago is the murder capital of the US.
Hey that´s where zero lives.
Ever hear of cause and effect.
That brings to mind this fact:
Cause: America elected a negroid, Muslim, America hater, socialist, anti-capitalist, wealth redistributor, Constitution destroyer, social divider, and down right nasty, mean person.
Effect: America has gone down the tubes, financially, culturally, racially and foreign countries laugh and ridicule our pathetic leader.
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Reply 4 - Posted by:
Rafter, 1/17/2013 2:02:48 PM (No. 9122431)
Lookin´ forward to the 2016 nominees and platforms of...
The Bankruptcy Party...
aka DimWit DipSheisters.
You got your Mass Guber Deval Patrick...
Liberoid Icon Royalty NY Guber A-Cuomo...
(he even got cheated on by a Kennedy!)
and then there´s Guber Pat Quinn of ILL...
plus a host of others of that ilk.
Clearly, you got Red States...
then you got RED INK States!
Guess who wins long term?
We don´t know yet.
But I´d love to say...
Buh-Bye! to the DimWitz.
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Reply 5 - Posted by:
veritas, 1/17/2013 2:04:34 PM (No. 9122435)
1. There are many parts, many sides to this, but Dodd-Frank and the CRA are a big, big part of it. And people warned long ago what problems they would cause.
2. Such articles always overlook a major part of this -- the enormous loss of value [wealth; equity; whatever] these policies caused.
3. What? Nevada [Harry Reid´s Nevada] isn´t Number One anymore? But I guess that´s because every home in the state´s been foreclosed....
The joys of Leftist "social engineering!"
Had enough?
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Reply 6 - Posted by:
SourKraut, 1/17/2013 2:18:47 PM (No. 9122471)
But OUR illegals can get Drivers Licenses !
So.
There.
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Reply 7 - Posted by:
jhpeters2, 1/17/2013 2:29:14 PM (No. 9122498)
When is any politico of either party going to state the obvious? Obvious that no business wants to open on Martin Luther King Blvd - anywhere, nor Chicago, IL? Why start a business there? Hop over to Indiana or hop up to Wisconsin. Word to the wise, never stop for gas on MLK anywhere!
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Reply 8 - Posted by:
oh-heck, 1/17/2013 2:29:30 PM (No. 9122499)
Part of the credit for these foreclosures goes to President Obama. Years of hard work as a community organizer forcing banks to make bad loans laid the foundation. And think how many of the current foreclosures are for the second time with the same owners bailed out his rescue in the last 2 years.
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Reply 9 - Posted by:
squid, 1/17/2013 3:09:09 PM (No. 9122596)
Having lived in Illinois for the last 26 years, it is obvious that nothing, no nothing will dislodge Democratic Party control short of The City of Chicago sliding into Lake Michigan. The corruption is so pervasive that any kind of change or reform is possible. This really is what happens when you have absolute one party control for decades. The State Legislature is the only place where we have any kind of chance to prevent Chicago from stealing all of our money and all of our rights. That is because Cook County cannot control the election results in the rest of the state, but it can insure that elections like governor, senator, etc which are state-wide are controlled by Cook County.
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