MADISON - Foreclosure
filings in Wisconsin continue at a record pace in July.
New figures from the
tracking company ForeclosuresWI.com released Monday show
nearly 14,300 filings in the first seven months of the
year. That's a 31 percent increase over the same period
last year.
ForeclosureWI president
Robert Jensen says between 2003 and 2005, foreclosures
averaged about 11,700 a year. By last year, filings had
reached nearly 21,000.
Statewide, there were
1,762 foreclosure filings in July — or nearly 77
filings each business day.
Eighty-eight percent of
Wisconsin's 72 counties have had more foreclosure
filings through July than the same period last year,
eight percent had fewer filings, and four percent had
the same.