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Southeastern Wisconsin Foreclosure Filings Fall to Six-Year Low

Racine County is one of seven counties that saw foreclosure filings decrease from January 2012.

The number of foreclosures filings in Southeastern Wisconsin fell to the lowest level in six years, reported the Milwaukee Journal Sentinel.

The newspaper reported that there were 720 mortgage foreclosures filings in Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha counties in January.

Economists tell the paper that this demonstrates a recovering housing market and economy.

In Racine County, foreclosures filings decreased from January 2012 to 82 from 102, or 18.6%.

Other counties drops:

  • Kenosha: 13.3%
  • Ozaukee: 31.6%
  • Waukesha: 30.1%
  • Walworth: 19.7%
  • Washington: 41.7%
  • Milwaukee: 34.5%

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Richard Head February 10, 2013 at 05:14 PM
Realtors LIE. It's never been a better time to buy a house.... "The costs of Obamacare are not just hitting businesses this year--they are also hitting the government, and public employees as well. Virginia, for example, is about to limit part-time employees to 29 hours per week in order to avoid triggering Obamacare’s requirement that employers provide health insurance to those working 30 hours per week or more. The state cannot afford the $110 million annual cost of insurance. Elsewhere, public institutions are taking similar steps to limit part-time work. In Ohio, Youngstown State University recently announced a 29-hour-per-week part-time limit, and placed employees on notice that they would be fired if they worked more than the maximum. Other public universities are doing the same across the nation, just as their private-sector counterparts are limiting part-time hours to avoid the Obamacare rule." http://www.breitbart.com/Big-Government/2013/02/10/Now-States-Cutting-Employee-Hours-to-Avoid-Obamacare-Costs Continued...
Richard Head February 10, 2013 at 05:16 PM
Youngstown State University Limits Part-Time Hours To Avoid Obamacare Rule According to an email sent to English department employees, which was obtained by The Huffington Post, anyone who violates the new hourly limit will be fired: It's crucial that you be vigilant about this cap as you consider additional teaching or tutoring assignments. If you exceed the maximum hours, YSU will not employ you the following year. We will have no recourse. If you teach or work in another department part-time, it will be the TOTAL number of hours. If you teach in American Studies for six hours, you can teach a maximum of twelve semester-hours here over a year. If you work as a tutor, those hours are also important. Same issue: you cannot go beyond twenty-nine work hours a week." http://www.huffingtonpost.com/2012/11/29/youngstown-state-obamacare_n_2208533.html Where's Bren, Lyle and Morningmist? In the future, good health will be *PRICELESS* so drop those vices now! Exercise and stay fit! This is called death panels and rationing health care by "other means".
C. Sanders February 11, 2013 at 08:51 AM
All of our hires going forward are 28 hours per week with no benefits, with total hires <50 .... Thanks to Obamacare.

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