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Business & Tech

NL County May Foreclosures Down From April

Though the foreclosure rates declined from April to May of 2012, the May rates are still higher than the same month in 2011

 

New London County home foreclosures are down in May, in comparison with April's numbers, The Bulletin reports. 

However, May 2012's rates are higher than May 2011's rates, the article says. 

Find out what's happening in New Londonfor free with the latest updates from Patch.

According to data from RealtyTrac Inc., New London County saw 77 home foreclosures this past May, which the article says is 45.28 percent more than May of the previous year. 

RealtyTrac Inc. reports a 15.38 percent decrease in New London County home foreclosures from April 2012 to May 2012, the article says. 

Find out what's happening in New Londonfor free with the latest updates from Patch.

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