Updated Foreclosure Filings Report

Foreclosure filings through September of 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 14
Average 8.8 9.9 4.9 3.6 3.2 1.6

As of September 2016, an average of 1.6 foreclosures were filed per month.  RealtyTrac states one in every 944 Illinois housing units received a foreclosure filing in September of 2016.  Champaign County is considered low-moderate risk on their indicator chart as one in every 2,931 housing units received a foreclosure notice in September.  Staff will continue to monitor City of Champaign filings to assess the impact on the community.