CHICAGO (AP) -- Illinois' home foreclosure rate rose 6
percent in October compared to the previous month, and was 19 percent higher
than in October of last year.
A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 14,899
foreclosure filings in October. That represents one in every 356 housing units
-- the third-highest rate in the nation.
Filings include default notices, auction-sale notices and bank
repossessions.
Florida had the nation's highest October foreclosure rate
-- one in every 312 housing units -- followed by Nevada, with one in every 352 housing units.
Also in the top five were Arizona and California.
Nationally, October's foreclosure activity rose 3 percent from last
month but fell 19 percent from October of 2011.
