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Housing Market on the Mend Submitted: 01/03/2013
MILWAUKEE - Wisconsin's housing market seems to show some signs of recovery.

The number of foreclosure filings decreased in southeastern Wisconsin in 2012.

There were nearly 10-thousand, 500 filings in the seven county area around Milwaukee.

That's down more than 2 percent from 2011.

Court records show it's the third consecutive year there had been a decrease.

There was a 36 percent drop off in December, when there were 6-hundred 5 foreclosure filings in the seven-county area, compared with 9-hundred 46 in December 2011.

Although foreclosure filings are decreasing nationwide, they remain a drag on home sale prices in many markets.

(Copyright 2013 Associated Press - All Rights Reserved)



Story By: Associated Press

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