Articles about chicago

The rising number of foreclosures in Chicago has started affected the lives of common man is several ways. Of late, the children who live on West Wilcox Street in Chicago fear to go out because of 12 vacant gray stones that are drawing criminal activities in the neighboring areas.
In another neighborhood, a half-empty 39-unit [...]

The neighborhood area of Northwest Side Chicago has witnessed foreclosure to double up in the first quarter of 2008 in comparison to the figure a year back. This rise in foreclosure is termed as foreclosure “starts”. According to the data of the Chicago-based Woodstock Institute, there has been an increase of above 100 percent in [...]

With foreclosures continuing to increase, related concerns are raising their heads in hard hit neighbourhoods. One such problem is that of growing crime.

Boarded up homes and vacant properties are often sitting ducks for negative elements. These houses are prime targets for burglars and are also used for all kinds of anti-social activities. Thus [...]

The decline in home prices has been a much discussed topic in recent times. In metropolitan areas the effect of this fall is being felt acutely in neighbourhoods dominated by low income families or minorities. Areas in the outer suburbs have also been hard hit.

The situation is being attributed to the high number [...]

When foreclosure news rang the distress bells for many home owners, this one will surely give some respite to many who are doing their best to save their homes. Many distressed home owners in Chicago now have a host of resources available to help them tide over the crisis.
For instance, The Housing Department of Chicago [...]