Dane County foreclosure filings up 29% in April

A total of 150 new foreclosures were filed in April, up 29% from the 116 filed in April of 2008.

Year-to-date foreclosures totaled 543, up 24% from last year.


This second graph puts foreclosure growth in perspective. The 543 foreclosures filed through April surpass the total number of foreclosures filed during each of the first 6 years of the decade.

It can take months for a foreclosed home to hit the market. Given this we should expect the number of foreclosed homes on the MLS to continue to rise for the foreseeable future.

For our full foreclosure report, you can check out the economic trends page at DaneCountyMarket.com.

Have a good night,

Dan Miller, Keller Williams Realty and DaneCountyMarket.com