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SE Wisconsin home foreclosures tumble to lowest number in 7 years

Foreclosure sign
Foreclosure sign

MILWAUKEE (WTAQ) - Home foreclosures in southeast Wisconsin are at their lowest in over seven years. 

The Milwaukee Journal Sentinel says almost 510 new cases were filed in September against those helplessly behind on their mortgages. That's a 29 percent decrease from the previous September. 

For the first nine months of the year, foreclosure cases are down almost 36 percent in Milwaukee, Ozaukee, Washington, Waukesha, Racine, Kenosha, and Walworth counties. 

Just over 5,300 cases were filed in that region from January through September, down from 8,200 during the same period the year before.

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