Dawn Zurick, McHenry County Real Estate

Thenumber of homes in foreclosure plummeted in both Illinois and the U.S. inFebruary, but despite the slowing flow, many analysts believe the foreclosurepipeline has not turned off yet. SeeChicago Breaking Business News........(Crain’s)— The number of Illinois properties facing foreclosure plunged in Februarycompared with the same ...

From the Northwest Herald ALGONQUIN – Scores ofdevelopment projects throughout McHenry County remain on hold as theeffects of the recession linger. Worse still, some developments have gonebankrupt or into foreclosure before  beingcompleted leaving local governments to clean up the mess. More of the ...

(Crain’s) — The number of Illinois properties facing foreclosure plunged in January compared with the same month last year. Read more from ChicagoRealEstateDaily.com

 Fromthe Northwest Herald:  McHenry County’s housing market has some brightspots, but foreclosures could continue to push prices down again this year.  Moreof the Story

A new state law that goes into effect Jan. 1, 2011, aims to help members of the military avoid foreclosure...http://www.wbez.org/story/arlington/new-illinois-law-aims-help-soldiers-avoid-foreclosure

Illinois is number 5.............2010 Foreclosures: 2.87 percent (9th Worst) Change in No. of Building Permits, 2006 vs. 2010: -81.32 percent (5th Worst) ... Click Here

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Illinois is sitting at #7 according to this Bankrate.com article which probably gets these numbers from RealtyTrac.  Also from RealtyTrac, in Illinois there were 16,422 properties getting foreclosure notices (at least 3 months behind on mortgage payments) in November 2009.  This is over a 100% increase from 2008 November and is the third ...