KY Foreclosure Filings Decline
Good news on the horizon? I tend to think that foreclosures will pick back up, but it’s hard to say when. Read more.
“Overall foreclosures in Kentucky were down 29.8 percent in October from the previous month, according to the latest report from RealtyTrac, an Irvine, Calif.-based online marketplace for foreclosure properties.
However, last month’s totals were still up 13.6 percent from a year ago, the company said in a news release.
It said that foreclosure filings in the state — default notices, scheduled auctions and bank repossessions — were reported on 1,322 properties in October, and that one in every 1,453 Kentucky housing units received a foreclosure filing during the month.
Jefferson County’s 770 filings in October were down 24 percent from September, but still up 23.6 percent from a year ago, RealtyTrac said.”
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