According to the Chicago Tribune, foreclosure filings in the Chicago area increased 30% from September to October, but remain well below year ago levels.
Overall foreclosure activity in the Chicago area dropped for the eleventh consecutive month, falling 5 percent in October from a month earlier and 35 percent from a year earlier.
Nationally, October foreclosure activity declined 28 percent from a year ago, but rose 2 percent from September, largely because of a 10 percent increase in scheduled auctions in states where courts process foreclosure cases.
