NYC, Chicago, Cleveland Getting Clobbered By Home Foreclosures
In Chicago, Crain's Chicago Business reports that "Cook County is on pace to record at least 30,000 and as many as 36,000 foreclosure filings this year, according to Cook County Circuit Court Judge Dorothy Kinnaird, who presides over the Chancery Division, which handles foreclosures." For more, see Foreclosures Still Raging In Chicago Area (Defaults could nearly double in '07 as pain spreads across region).
In Cleveland, a story by WKYC-TV Channel 3 reports on how hard the problem of home foreclosures has been hitting Cleveland and northeast Ohio. Go here to watch the Video - Foreclosure: Growing problem in Northeast Ohio.
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