Foreclosures still on the rise in Milwaukee County

Journal Sentinel reports on 2008 foreclosures

The number of foreclosed properties headed for sheriff's sales in Milwaukee County jumped 77% last year, the third consecutive year of double-digit increases. And officials said there were no signs that the trend was abating.
Similar percentage increases were seen in Waukesha County, up 73%, and Washington County, up 72%.
Ozaukee County, which boasts the state's highest median household income, recorded a 47% increase in properties that have gone through foreclosure. Comparable figures for Racine County were not yet available.
In Milwaukee County, 4,747 properties were scheduled for sheriff's sales last year, a review of county data shows. That figure is nearly three times greater than the 2006 total.

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