New Tool: Madison's Hot Buys, Updated Daily!
Posted by Jolenta Averill on
Lake & City Homes is pleased to announce a new tool for daily updates of Madison WI distressed property, including all Madison short sales, foreclosures and REOs (bank-owned properties). Although the foreclosure rate in Wisconsin is considerably lower than states such as FL, NV, MI, OH, IL, and CA, Wisconsin still has a ready supply of distressed properties for those looking to pick up a good deal. According to RealtyTrac, the foreclosure rate for Madison is 8,749 in the nation. There were 103 foreclosure filings in Madison for the month of January 2009. There are currently 190 foreclosures in Dane County.
Although Wisconsin's foreclosure rate is rising, it is considerably lower than other states due to far fewer sub-prime and Alt-A loans being made to…
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