Archive for June, 2008

Disturbing Trends Of Illinois Foreclosures

Tuesday, June 3rd, 2008

Heightened house foreclosure activity in Illinois has been disturbing the residents of the state. From Chicago to Cook County to Kane County, the number of foreclosed homes has been increasing at a faster rate than expected. So much so that Chicago’s foreclosure rate has achieved one of the top five ranks on America’s largest metropolitan regions list.

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Growth of crisis in the UK housing market

Monday, June 2nd, 2008

The UK has been hit by a similar housing crisis that it is affecting the US. Specialists have predicted that if the crisis is not stopped at the beginning it could be far worse than the US foreclosure crisis, as the British economy is more reliable on the real estate industry.

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