Will Burns writes:
Not far from Illinois Highway 7, a main drag through Joliet crammed with cars and lined with new retail stores, Diane Hartman's four-bedroom single-family home waits for a buyer who never seems to come.
It's the same story across Will County, in new subdivisions built out of cornfields and older streets lined with mature trees: There are precious few home buyers these days, despite the dense traffic, commercial development and other signs of economic vitality.
One of the nation's fastest-growing counties in recent years, Will County now has the highest foreclosure rate in Illinois and its housing market has come to a standstill. Yet where California or Florida can blame out-of-sight prices, and Ohio or Michigan their shrinking economies, Will County remains affordable and growing even as its residential for-sale signs multiply.
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