Home foreclosures rise - WAOW - Newsline 9, Wausau News, Weather, Sports

Home foreclosures rise


(CNN)--Home foreclosures continue to rise.

Last month, there were more than 230-thousand foreclosure filings nationwide.

That's a seven-percent increase from September.

Those numbers are from RealtyTrac... an online marketplace for foreclosed properties.

Despite the increase, filings were still 31-percent below levels at this time last year.

The highest foreclosure rates are reported in Nevada, California, Arizona, Florida and Michigan.

Combined, those five states account for half of the national total.

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