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Chicago leads nation in foreclosed homes


Geoff

Geoff Dougherty

July 08, 2011 @ 6:28 AM

foreclosed home

Although it never shared the notoriety of Miami, Los Angeles and Phoenix during America’s foreclosure crisis, the Chicago area now has the nation’s largest inventory of foreclosed homes.

That's because it is harder to unload troubled properties here than in most other metropolitan areas.

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