Andy Lewis from the UW Extension and Russ Kashian from UW Whitewater have assembled foreclosure data from the Wisconsin Circuit Court database that shows how foreclosures have grown by location. Here's a look at foreclosures by zip code on both the east and west side of Madison.
Madison East: Foreclosures were up across the board. The 53704 zip code led the east side with 159 foreclosures in 2008.
Madison West: Foreclosures increased in every zip code in 2008, with the exception of 53715. Foreclosures increased by at least 41% in every other west side area. The 53711 zip code led the west side with 86 foreclosures in 2008.
Keep in mind a higher number of foreclosures does not necessarily imply a higher density of foreclosures. The zip codes with the most housing units will tend to have the most foreclosures.
You'll find our full summary of foreclosures by location, including a summary for Dane County communities, on the economic trends page at DaneCountyMarket.com.
Have a good night,
Dan Miller, Keller Williams Realty and DaneCountyMarket.com
No comments:
Post a Comment