A preliminary count by Madison-based ForeclosureAlarm.com showed 2,511 filings in courts around the state last month, compared with 2,484 in August 2009….
Russell Kashian, a University of Wisconsin-Whitewater professor who tracks foreclosures in the state, put the blame on the job situation.
“You aren’t going to see a real improvement in foreclosures unless you see a real improvement in employment,” Kashian said.
Therein lies the truth and predicament before us.