Foreclosure filings through April 2016 are now reported. The chart below outlines foreclosure activity within the City of Champaign over the past few years.
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
Number of Filings | 106 | 119 | 59 | 43 | 38 | 7 |
Average | 8.8 | 9.9 | 4.9 | 3.6 | 3.2 | 1.75 |
As of April 2016, an average of 1.75 foreclosures were filed per month. RealtyTrac states that one in every 941 Illinois housing units received a foreclosure filing in April of 2016. Champaign County is considered low risk on their indicator chart, as one in every 4885 housing units received a foreclosure notice in February. NSD Staff will continue to monitor City of Champaign filings to assess the impact of foreclosures in the community.