Monthly Trend
If you are interested in finding bank-owned and short sale properties, you can learn how to create your own foreclosure searches here. Or you can try our foreclosure quick search tools. Our monthly foreclosure report follows. December Dane County foreclosure filings increased by 14% from the number of filings registered in December of 2008, according to data maintained by the Wisconsin Circuit Court. A total of 117 new foreclosures were filed in December compared to 103 in December of 2008. December was the 33rd straight month where foreclosures increased on a year-over-year basis. Wisconsin foreclosures increased by 18% from the number of filings registered a year ago. A total of 2,589 new foreclosures were filed in December compared to 2,187 in December of 2008. The graph below shows the number of monthly Dane County foreclosure filings dating back to January, 2005. The number of monthly year-over-year foreclosure filings has been mostly up (red) since the summer of 2005.
Year-to-Date Trend
The number of new Dane County foreclosure filings initiated year-to-date through the month of December increased by 29% from the levels of 2008. A total of 1,695 filings were initiated year-to-date through December compared to 1,312 during the same time period in 2008.
Statewide foreclosures increased by 19% from the levels of 2008. A total of 30,136 filings were initiated year-to-date compared to 25,399 in 2008. The following graph compares Dane County and Wisconsin year-to-date foreclosure growth through the month of December. The growth rates reflect the percent change from the number of foreclosures registered year-to-date through December of 2008.
Recent History
From the graph below you’ll see Dane County foreclosure activity has been steadily increasing over the past 5 years. The 1,695 foreclosures in 2009 represent a 302% increase from the 422 foreclosures registered in 2004.
The following graph compares Dane County and Wisconsin foreclosure growth dating back to 2001. Dane County foreclosure growth has outpaced growth at the statewide level for 4 of the last 5 years.
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About us
This information is provided courtesy of Dan Miller and Shawn Kriewaldt of Keller Williams Realty and DaneCountyMarket.com. For more information, please contact Dan at 608-852-7071 (danielmiller@kw.com) or Shawn at 608-212-5743 (shawnkriewaldt@kw.com). Don't forget: if you're buying or selling, whether your timeline is 3 months or 3 years, we can help.
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