Foreclosures Down in SE Wisconsin

7/6/11 – New home foreclosures in southeast Wisconsin went down by eight-percent in June, compared to the same month a year ago. And for the first six months of the year, the Journal Sentinel counted 53-hundred-85 new foreclosure cases in Milwaukee, Waukesha, Washington, Ozaukee, Racine, Kenosha, and Walworth counties. That’s 13-and-a-half percent fewer than the 62-hundred-24 new cases in the first half of 2010. But the paper said the number of homeowners who failed to keep up with their mortgages were still high, due to a continued weak housing market and high unemployment rates. Foreclosures went up last month in Waukesha and Washington counties.