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Foreclosures up in Kentucky

Courier-Journal.com:  Foreclosure filings in Kentucky were up 4.5 percent in August over the same period last year but down almost 11 percent in Indiana, according to figures from real estate data company RealtyTrac.

Nationally, filings were down 5 percent from last year, according to RealtyTrac. The firm tracks all stages of foreclosure, from default notices to bank repossessions.

Foreclosures have been much less common in Kentucky than nationwide. One in every 1,669 Kentucky housing units received a filing last month, according to the firm, compared to one in every 381 units for the nation as a whole.

In Indiana, one in every 488 housing units was in the foreclosure process.

RealtyTrac counts 1,151 Kentucky residences in foreclosure, 5,722 in Indiana and 338,836 for the nation as a whole.

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