From Great Recession's depths, Lake County housing market improves

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
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