Foreclosures in my area(6 counties) finished the year up 30.24%. Two counties were over 50% (Dane 57.11%, Jefferson, 54.61%). Over the last 5 years, foreclosures area wide are up over 66%. I am undecided if I will review all 2,188 foreclosures to determine their outcomes. In the past, more than half of all foreclosure filings resulted in the loss of the home.
There is no indication that the rate of foreclosures is slowing at all.