Foreclosure's Youngest Victims

Here’s a Quick Take from the July Illinois REALTOR® Magazine:

An estimated 2.3 million U.S. children in single-family homes have lost their homes to foreclosures and the homes of another 3 million are at serious risk, according to the Brookings Institution’s study, “The Ongoing Impact of Foreclosures on Children.” Add to that another 3 million children who have been, or are at risk of being evicted from rental properties and the negative impact of the foreclosure crisis becomes more clear. In Illinois, 9 percent of children are affected by foreclosure. Read the full study at www.brookings.edu/papers/2012/0418_foreclosures_children_isaacs.aspx.

2012-06-19T09:00:05+00:00June 19th, 2012|Housing Market, Illinois REALTOR® Magazine|0 Comments

About the Author:

Jon Broadbooks is vice president for communications at Illinois REALTORS®.