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New home foreclosures down for 2012 in Milwaukee area

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Foreclosure sign
Foreclosure sign

MILWAUKEE, WI (WTAQ) - For the third year in a row, home foreclosure cases went down in 2012 in Wisconsin’s most populated area.

The Milwaukee Journal Sentinel said there 10,475 new foreclosure cases filed last year in the courts of Milwaukee, Ozaukee, Washington, Waukesha, Racine, Kenosha, and Walworth counties.

In 2011, there were 2.2% more filings, or about 10,700 cases.

There were over 12,000 cases in each of the previous two years.

Last month, new foreclosure cases were down by 36% from the same month the year before.

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