New Lenox Foreclosure Rate Among Lowest in Chicago Area
Hard work and conservative spending established stability, according to village officials, and businesses and new developments are on an uptick in New Lenox.
Crain's Business News announced last week that New Lenox was among the top 10 municipalities with the least amount of foreclosures in the Chicago region. New Lenox was tied with Naperville and Highland Park in achieving a foreclosure rate of a mere 2.5 percent per every 1,000 mortgageable properties. The communities with the most foreclosures in the Chicago region included Dolton, Bellwood and Round Lake Beach. Read the whole story in Crain's Business News. Read below for the top 10 communities with the lowest foreclosure rates in Chicago. Last week at the New Lenox Village Board meeting, Mayor Tim Baldermann lauded the fact that New Lenox was on par with communities such as Wilmette and Lake Forest. In a later interview with New Lenox …
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Tori Linthicum
9:28 am on Wednesday, September 12, 2012
Marie is correct. NL dragged their feet on approving easily a thousand new homes. Luckily for us the planning commission is inept. Quite a few empty subdivisions still available. more ›