MILWAUKEE - Milwaukee-area foreclosures decreased 0.74
percentage points in March, which was the same decrease
of the previous month, for a rate of 1.86 percent,
according to CoreLogic.
Milwaukee’s foreclosure rate in March 2012 was 2.6
percent.
The
Milwaukee, Waukesha and West Allis metro area also had a
decrease in the number of mortgages that are at least 90
days delinquent. The area had a delinquency rate of 5.61
percent, higher than Wisconsin’s 4.49 percent statewide
rate, but lower than the national average of 7 percent.
