CHICAGO - Almost 31 percent of homes sold in Illinois in the first quarter of the year were in foreclosure or owned by a bank.
The statistics were released Thursday by Irvine, Calif.-based RealtyTrac. The company says the total number of foreclosures sold from January through March totaled 8,592, and the average sale price was $127,530.
The number of foreclosure sales was 22 percent higher than during the same period last year, and almost 12 percent higher than the last three months of 2011. ...More HERE