Business & Economy

Illinois Foreclosure Rate on the Rise

WKMS | By Shelly Baskin,

Published November 15, 2012 at 8:16 AM CST

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 RealtyTrac report released Thursday shows Illinois with almost 15 thousand foreclosure filings last month, the third-highest rate in the nation. Filings include default notices, auction-sale notices and bank repossessions. Nationally, October's foreclosure activity rose 3 percent from the previous month but fell 19 percent from October of 2011.

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Shelly Baskin

Shelly Baskin works in MSU's Office of Regional Outreach and is a graduate student in Occupational Safety and Health. A roustabout from Memphis, Tennessee, Shelly first found his way into WKMS through the newsroom back in 2011 through luck, charm and force of will. Though he left news for another position, he still enjoys working on independent radio projects and volunteering for the station. He’s an avid disc golfer and occasional real golfer and is terrible at both. A lover of all things musical, Shelly is always ready to hear something new and unique.

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