Dane County foreclosures reached a new high with 152 new filings in October, up 49% from the 102 foreclosures recorded a year ago. The previous high of 124 foreclosures was recorded in January.
To put this number in perspective, here's how foreclosures stack up for each of the last 5 Octobers:
- October, 2004: 37
- October, 2005: 51
- October, 2006: 73
- October, 2007: 102
- October, 2008: 152
That's a tremendous amount of growth. The 152 foreclosures filed in October are over 4 times the number of foreclosures filed 4 years ago.
For our full foreclosure report, visit the economic trends page at DaneCountyMarket.com.
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