Wisconsin Foreclosure Rate Highest In These 5 Counties

Wisconsin had one of the lowest number of foreclosure filings in the United States for 2017, according to a new report. The total number of housing units with foreclosure filings in Wisconsin for the year represented only 0.32 percent of total housing units in the state, nearly a third less when compared to 2016.

Nationally, foreclosure filings for 2017 fell 27 percent compared to 2016, reaching their lowest level since 2005, according to the report. There were 676,535 properties with foreclosure filings in 2017, a 76 percent drop from when such filings were at a peak during the housing crisis in 2010.

The properties with foreclosure filings in 2017 represented 0.51 percent of all U.S. housing units, according to ATTOM Data, a multi-sourced property database. When filings were at a peak during the housing crisis, they represented 2.23 percent of all U.S. housing units.

In 2017, lenders started the foreclosure process on 383,701 properties and 8,446 of those properties were in Wisconsin, according to the report. Milwaukee, Kenosha, Waukesha, Brown and Rock counties had the highest number of properties where the foreclosure process had started, according to the report. Nationally, 318,165 properties were scheduled for foreclosure auction in 2017 and just 4,609 of those properties were in Wisconsin.

The state followed the national trend on foreclosure starts and auctions, seeing a decrease in both compared to 2016.

Here are the number of foreclosure starts in each Wisconsin county in 2017

Units ............ County
434 ............ Milwaukee
185 ............ Kenosha
172 ............ Waukesha
136 ............ Brown
131 ............ Rock
120 ............ Dane
100 ............ Winnebago
99 ............ Outagamie
84 ............ Walworth
82 ............ Sheboygan
74 ............ Marathon
70 ............ Dodge
68 ............ Fond Du Lac
61 ............ Racine
60 ............ Manitowoc
60 ............ Washington
58 ............ Wood
50 ............ Jefferson
49 ............ La Crosse
44 ............ Douglas
44 ............ Eau Claire
43 ............ Columbia
42 ............ Saint Croix
42 ............ Waupaca
39 ............ Sauk
38 ............ Monroe
33 ............ Barron
29 ............ Juneau
29 ............ Marinette
29 ............ Oneida
29 ............ Sawyer
27 ............ Chippewa
27 ............ Pierce
25 ............ Oconto
25 ............ Polk
23 ............ Shawano
22 ............ Green
22 ............ Green Lake
21 ............ Ozaukee
21 ............ Portage
20 ............ Grant
20 ............ Vernon
18 ............ Bayfield
18 ............ Lincoln
17 ............ Clark
17 ............ Langlade
17 ............ Washburn
17 ............ Waushara
16 ............ Adams
16 ............ Door
13 ............ Ashland
13 ............ Vilas
12 ............ Calumet
12 ............ Kewaunee
12 ............ Marquette
12 ............ Rusk
11 ............ Richland
10 ............ Buffalo
10 ............ Burnett
10 ............ Iowa
10 ............ Price
10 ............ Taylor
9 ............ Crawford
9 ............ Dunn
9 ............ Trempealeau
3 ............ Forest
3 ............ Iron
2 ............ Florence
2 ............ Jackson
2 ............ Lafayette
1 ............ Pepin
- ............ Menominee

Along with New Jersey, Delaware, Maryland, Illinois and Connecticut had the highest foreclosure rates in 2017. In Delaware, 1.13 percent of housing units had a foreclosure filing and in Maryland that number was 0.95 percent, according to the report.

South Dakota, North Dakota, West Virginia, Montana and Mississippi had the lowest rates of foreclosure filings in the U.S. for 2017, according to the report.

“Thanks to a housing boom driven primarily by a scarcity of supply, which has helped to limit home purchases to the most highly qualified — and low-risk — borrowers, the U.S. housing market has the luxury of playing a version of foreclosure limbo in which it searches for how low foreclosures can go,” Daren Blomquist, senior vice president at ATTOM Data Solutions, said in a press release.

The report is based on publicly recorded and published foreclosure filings collected from more than 2,500 counties nationwide.

You can read the full report from ATTOM Data here.

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