Zion-Benton Twnshp Hi School,Â Zion, ILAbout Zion-Benton Twnshp Hi SchoolZion-Benton Twnshp Hi School is a 9-12 school in District 126, and is located at 1 ZB Way in Zion, IL. It services homes inÂ Beach
Stonebridge Crossing,Â Zion, IllinoisAbout Stonebridge CrossingStonebridge Crossing is a subdivision of single family homes built in the mid 2010's. Stonebridge Crossing is located in Zion, Illinois
4012 Bluestem Cir., Zion, IL 60099List Price:Â $198,240BedsBathsBuiltSq.Ft.GarageTaxesOn Market42.120053,200 ft22$8,1791 dayThis is one you don't want to miss! Less than 10 years "new", 3200 square feet
3806 Tickseed Dr., Zion, IL 60099List Price:Â $167,900BedsBathsBuiltSq.Ft.GarageTaxesOn Market32.120052,952 ft23$8,6152 daysLots of house for the money! Ready for you to move in with all new carpet &
The Woods,Â Zion, IllinoisAbout The WoodsThe Woods is a condominium complex built in the early 1990's and early 2000's. The Woods is located in Zion, Illinois on Woodland Drive west of Lewis Avenue.
New Price, Newly Remodeled Zion Home for Sale 2806 Enoch Avenue, Zion IL 60099 Click here for property details for 2806 Enoch, Zion. Click here to search Zion Homes for Sale. Jim Starwalt Thinking of
New Price: Newly Remodeled Zion Home for Sale, Must See!2806 Enoch Avenue, Zion IL 60099Click here for more property details for 2806 Enoch Avenue, Zion IL 60099Click here to search Zion Homes for Sale.Jim
Foreclosure Rates Continue Rising and Housing Prices Continue Falling
NEW YORK, July 10 /PRNewswire/ -- ForeclosureDataOnline.com reports more dark days ahead for the housing market and for homeowners concerned about losing their homes. The data collected by the site shows that foreclosure levels continue to rise and are reaching record highs, particularly in states such as Michigan, California, and Florida.
The Mortgage Bankers Association released the National Delinquency Survey last week. The survey reported that the increase in foreclosure rates between quarters has reached its highest point since 1972 when the records were first kept. The increase in foreclosures on first time mortgages increased by 36% between the first quarter 2008 and first quarter 2009. Foreclosure rates have also increased in many major cities around the country, including Dallas (7.75%), Fort Worth (6.16%), Detroit (4%), and Cleveland (3%). Throughout the country, more than 600,000 mortgages have been affected by foreclosure actions.
In related news, Fannie Mae and Freddie Mac were given authorization by the Federal Housing Finance Agency to refinance mortgages through the Home Affordable Refinance Program for properties that are now worth a great deal less than what is owed on the property. The difference between value and outstanding debt can now be as high as 25% even though the program was originally only for homes valued at 5% less than their outstanding mortgage debt.
This change in policy comes at a time when home prices have plummeted. According to ForeclosureDatonline.com, nationally, prices have fallen by one-third since 2006. In key cities, prices have dropped significantly in just the last month: Chicago (1.8%), Atlanta (less than 1%), Houston (less than 1%), and Denver (3.7%).
While the change may provide some temporary relief for homeowners, the continuing economic problems facing the country, such as the 9.5% unemployment rate, may lead millions of foreclosures over the next 4 or 5 years.... more