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Real pulse of the economy? Check real estate foreclosures

After the positive speeches at the Executive Club of Chicago's annual forecast for this year, I thought it would be a good idea to go back and look at the foreclosures on houses. You would think that by now the traction of the economy would grip and people would start to be more financially secure, but it does not look that......

Full article >>> osures will be subsiding any time soon. To me, it seems like there are pockets of both good and bad economies within the overall economy, so the future is dependent on where you're at within the job market.

Reality in foreclosures

From a recent edition of the Small Business Times, the headline read, Foreclosures skyrocketed in 2006 in ......

Full article >>> > 966 1,059 Almost 10% 60612 968 1,085 Over 10% BARRINGTON, IL. 198 215 Almost 10% GLENVIEW, IL. 91 102 Over 10% NORTHBROOK, IL. 101 121 Over 15% PARK RIDGE 61 71......

Full article >>> - Compiled by James Carlini

The general trend based on the increases on the table is that most housing markets have some opportunities for people to buy realty at under-market values as foreclosures keep creeping up.

Wait-and-see approach

Foreclosures in Illinois, Wisconsin, and the entire Midwest look like they are still rising, and I am not predicting where they......

Full article >>> herein.......

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Source:wistechnology.com By James Carlini 01/24/07


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