CHICAGO — Illinois home foreclosure activity fell 14.25 percent in August compared to the previous month.
A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 16,808 foreclosure filings last month. Filings include default notices, auction-sale notices and bank repossessions.
The filings represent one in every 314 housing units in the state. That rate is 29 percent higher than in August last year and ninth-highest nationally.
Nevada had the nation’s highest foreclosure rate – one in every 84 housing units.
Other states with foreclosure rates higher than Illinois were Arizona, California, Florida, Georgia, Idaho, Michigan and Utah.