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Home foreclosures fall in southeast Wisconsin

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Foreclosure sign
Foreclosure sign

MILWAUKEE (WTAQ) - Home foreclosures continue to drop in heavily-populated southeast Wisconsin.

The Milwaukee Journal Sentinel counted 636 new court cases last month against those behind on their mortgages. That’s down 33 percent from the 955 cases filed in March of 2012 in Milwaukee, Ozaukee, Washington, Waukesha, Racine, Kenosha, and Walworth counties.

Just over 2,060 new foreclosure cases were filed in those seven counties in the first three months of this year. That’s just 13 more than in 2007 – just before the housing boom ended and the Great Recession began.

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