According to The Business Journal, foreclosure rates in Wisconsin in October dropped by 1.6 percent from September. However, October foreclosure rates were still 11.7 percent higher than those in October 2009.
Compared to other states, Wisconsin ranked 17th worst with a total of 4,815 properties foreclosed in the month of October or one out of every 534 houses in the state.
Nationwide, foreclosures also saw a decrease of 4 percent from September. In October, a total of 332,172 properties were foreclosed across the country or one in every 389 households.
If your home is facing foreclosure and you would like to discuss your options, contact the experienced Milwaukee foreclosure defense lawyers of DeLadurantey Law Office, LLC at 414-377-0518 today.