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.