Dane County foreclosures reach a new high in October

Dane County foreclosures reached a new high with 152 new filings in October, up 49% from the 102 foreclosures recorded a year ago. The previous high of 124 foreclosures was recorded in January.

To put this number in perspective, here's how foreclosures stack up for each of the last 5 Octobers:

• October, 2004: 37
• October, 2005: 51
• October, 2006: 73
• October, 2007: 102
• October, 2008: 152

That's a tremendous amount of growth. The 152 foreclosures filed in October are over 4 times the number of foreclosures filed 4 years ago.

For our full foreclosure report, visit the economic trends page at DaneCountyMarket.com.