Dane County foreclosures increase by 20% in September

A total of 100 new foreclosures were filed in Dane County during the month of September, up from the 83 that were filed in September of 2007 - an increase of 20%.

The good news in these numbers is that the growth rate has moderated in recent months. The bad news is that the number of foreclosures that we're seeing on a monthly basis more than doubles what we were seeing in 2005.

We'll take a closer look at foreclosure growth rates in our next post. For more information on Dane County foreclosures, check out the economic trends page at DaneCountyMarket.com.