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ChicagoTrib: Chicago lender owned properties (REOs) jumped 575% in three years

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-23-09 11:48 AM
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ChicagoTrib: Chicago lender owned properties (REOs) jumped 575% in three years

http://www.chicagotribune.com/news/local/chi-foreclosure-html,0,7636927.htmlpage
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ComtesseDeSpair Donating Member (529 posts) Send PM | Profile | Ignore Mon Feb-23-09 12:14 PM
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1. This was an interesting article...
It talked about how some of the condo owners were trying to deal with living in buildings with 90% vacancy rates - as thieves were breaking into other units and stealing sinks and jacuzzi tubs, etc. I never thought about what it's like for the condo owners. For once in my life I am SO relieved to be a renter.
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ret5hd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-23-09 12:22 PM
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2. A question about the charts:
See where the word "Chicago" is printed? Now, go down just a little. There is a "stripe" of absolutely no REO's running from left to right (actually tilted just a little). What is that about? Just asking.
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