Southeastern Wisconsin Foreclosure Filings Fall to Six-Year Low

The number of foreclosures filings in Southeastern Wisconsin fell to the lowest level in six years, reported the Milwaukee Journal Sentinel.

The newspaper reported that there were 720 mortgage foreclosures filings in Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha counties in January.

Economists tell the paper that this demonstrates a recovering housing market and economy.

In Milwaukee County, foreclosure filings decreased from January 2012 to 355 from 542, or 34.5%.

Other counties drops:

• Kenosha: 13.3%
• Ozaukee: 31.6%
• Racine: 18.6%
• Walworth: 19.7%
• Washington: 41.7%
• Waukesha: 30.1%.

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