forclosures

Chicago: Ahead of LA and NYC in foreclosures

By: Megan Cotrell

Think Chicago is the forlorn second city? Think again. We've got LA and NYC beat in one department: foreclosures. 

The Center for Housing Policy recently released its website - foreclosure-response.org, which has a wealth of recent data on foreclosures and delinquent loans for metropolitan areas all over the nation. Among the data is a ranking of the 366 largest U.S. metro areas by foreclosure rate (.xls) as of March of 2010. Where did Chicago shake out? 51.

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