Monthly Archives: February 2013

Cook County Land Bank Gets Underway

By Dennis Rodkin “Vacant foreclosed properties dot the map of Chicago and its surrounding suburbs. So think of the new Cook County land bank as housing’s Georges Seurat; it’s trying to arrange all those individual dots into something new and better (much as the pointillist painter did with A Sunday on La Grand Jatte). According to Cook County Board President…” Read More

By | 2018-04-27T14:09:17+00:00 February 13th, 2013|News articles on CCLBA|0 Comments

Foreclosure Crisis Is Far From Over in Chicago Area, Report Finds

By Ashlee Rezin "Chicago has not reached the other side of the foreclosure crisis, a new report from the Woodstock Institute has revealed. But with new ordinances like the Cook County Land Bank Authority, the Windy City may be headed in the right direction. Last year, Chicago’s six county region saw the highest year-over-year growth in completed foreclosure auctions since the beginning of the foreclosure crisis in 2008, according to the Woodstock Institute report. Foreclosure auctions, which indicate the foreclosure process is finished, grew by 73.8 percent, from 20,281 auctions in 2011 to 35,244 auctions in 2012." Read more

By | 2018-04-27T14:09:17+00:00 February 7th, 2013|News articles on CCLBA|0 Comments