The October Dane County Distressed Property Index was 22.3% – down from a value of 31.5% in October of 2011 – and up from 21.8% the previous month. The index rose slightly from September due to a jump in foreclosure filings during the first half of this year.
Our data tracks back to January of 2006, when the index stood at 5%. Note from the graph below the index had grown steadily over time as Dane County foreclosure filings increased greatly, peaking in 2010.
If you are interested in purchasing a distressed property, we have five foreclosure search tools to assist you with your bank owned (REO) and short sale property search. All five tools are available on ourproperty search menu as well as our foreclosures menu at DaneCountyMarket.com.
Dan Miller, Realtor, Keller Williams Realty and www.DaneCountyMarket.com