The Great Recession of the late-2000s left a trail of broken dreams and lost homes from which many Lake County residents are still recovering. For others, the struggle continues.
At the height of the recession, the county's Recorder of Deeds office received 9,379 foreclosure filings in 2012. Last year, that number was down to 4,064, according to the office. A smaller but significant number of evictions followed that same pattern, according to local statistics.
"When it was at its peak in 2012 and 2013, we were having sales twice a week, and each of those days there were 90-plus sales," Thorstenson said.
Naomi Campbell, a Realtor with Coldwell Banker Residential in Libertyville for the past 16 years, said she thinks there will "be some foreclosures regardless," but agreed the situation "is getting better."
Foreclosures Real Estate Financial and Business Services Justice System Finance Mortgages Lake County Sheriff's Office
Relax From Great Recession's depths, Lake County housing market improves stories
There is a long-standing tradition of ranking four-year colleges and universities in guides that proclaim to have researched and rated the best and worst. Both education experts and students understand that a single score can never capture the sum of a college and the educational experience it
Algae had grown so thick on Lake Catherine this summer that Marilyn Belleau felt like she could walk on water. She was afraid to swim in it, and her husband could not even fish in it without his line getting stuck.
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Residents of Lake County were just beginning to recover from a deadly series of wildfires that destroyed more than a thousand homes last summer when a firestorm this weekend blazed a new path of destruction and despair through the rural pocket of Northern California.
Joni Prather was tending store at the Yogi Bear campground outside this tiny mountain town when she saw the puff of smoke.
Almost two years after county officials approved it, construction is set to begin on a $140-million, mixed-use project that will be built on a pair of former county parking lots near Olvera Street — a project that will also funnel upward of $250,000 a year to a local nonprofit.
Billionaire Democratic political activist and potential gubernatorial candidate Tom Steyer toured skid row Tuesday with Los Angeles County Supervisor Mark Ridley-Thomas, who said afterward that he is courting Steyer’s support for a potential March sales tax initiative for homeless services.
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