Our last post covered foreclosure growth in Madison's east and west sides. Today's post is about foreclosure growth in Madison's surrounding communities. Once again our data comes courtesy of Professors Andy Lewis and Russ Kashian from the University of Wisconsin Extension, who analyzed Wisconsin Circuit Court data to determine the number of foreclosures by community from the years 2000 to 2007.
Foreclosures in Madison's surrounding communities grew from 130 in the year 2000 to 400 in 2007, an increase of 208% (the increase for all of Dane County, including Madison, was 193%). Six communities - Cottage Grove, Dane, DeForest, Oregon, Sun Prairie and Waunakee - experienced increases of 250% or more over the seven year period.
For more information on the latest Dane County foreclosure trends, visit our monthly update and foreclosures by zip code article at DaneCountyMarket.com.
No comments:
Post a Comment