Illinois is home to most seriously delinquent mortgages in Midwest By Orphe Divounguy, Bryce Hill 05/14/2021 Data reveals 5.7% of Illinois homeowners are at least 90 days behind on their payments. TAGS: COVID-19, homeownership, Illinois, mortgage, real estate
Illinois’ mortgage delinquency rate highest in Midwest amid largest spike in state’s history By Orphe Divounguy, Bryce Hill 09/03/2020 Delinquent mortgages nearly doubled to 124,000 amid COVID-19’s soaring unemployment, and inaction by state and local governments. TAGS: coronavirus, COVID-19, mortgage, recession
COVID-19 recession could double Illinois’ delinquent mortgage rate in 2020 By Orphe Divounguy, Bryce Hill 06/16/2020 Up to 130,000 Illinois homeowners could fall behind on their mortgage payments if state lawmakers fail to provide relief. TAGS: coronavirus, COVID-19, delinquency, mortgage, property taxes
Illinois home price growth slowest in nation last year By Bryce Hill 02/03/2020 Home price appreciation in Illinois was the slowest in the U.S. between the third quarter of 2018 and the third quarter of 2019, federal data showed. TAGS: Chicago, Chicagoland, Cook County, government spending, Great Recession, home values, homeownership, household income, housing, housing market, ILGA: Illinois General Assembly, Illinois, income tax, Indiana, investment, JB Pritzker, Lake County, mortgage, recession, spending, Springfield, tax hikes, tax increase
More Chicago-area homeowners drowning in mortgage debt than in any other major city By Amy Korte 02/09/2018 A new study shows 13 percent of Chicago-area homeowners with mortgages owed at least 25 percent more than their homes were worth. TAGS: Chicago, housing, mortgage, property taxes, real estate