Friday, August 7, 2009

Forclosure Rates

This is interesting. The maps shows Jackson County has an extremely low foreclosure rate. With about 28,350 households in the county, the rate is only 1 in 9,450. Compare that to the rates in the collar counties of Chicago. Look at Kane County. 172,000 households with a whopping foreclosure rate of 1 in 310. Or Will County. 230,000 households with a foreclosure rate of 1 in 283.

Faster growing area up there than here but looks like much more of the building ther ewas heavily debt funded.

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