Guess Who Has The Biggest Glut of Foreclosures NOW? Chicago!

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Boarded up brownstones in Cicero
Boarded up brownstones in Cicero

I never thought I’d see the city of my birth blow out Miami and Phoenix when it comes to having the most foreclosures in the nation right now, but Chicago takes the cake. Almost 119,000 homes in foreclosure. The problem: those stubborn banks are not letting go. This, of course, in President Obama’s home town, too…

Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.

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