Business & Tech

State Foreclosures Plummet in February

Connecticut's rate of foreclosures were down 67 percent for the month.

A total of 225,101 additional homes went into foreclosure in the U.S. in February, bringing the year-to-date total to 486,434, according to the latest RealtyTrac figures.

That's one of every 577 American homes, but down 13.86 percent, RealtyTrac says. 

Connecticut currently has 6,794 properties in foreclosure status, RealtyTrac says. The 747 in February is 67 percent better than the same time last year. 

RealtyTrac is a nationally recognized service that compiles statistics in the real estate industry. 

New Haven County led the way in February with 211. Hartford County had 180. The next closest were 123 in Fairfield County, but it dropped sharply from there - to 67 in both Litchfield and New London, to 42 in Windham and 34 in Tolland County. 

In Hartford County, Manchester's 22 foreclosures in February was higher than all towns but New Britain, which had 28.

Enfield had 14, Windsor 2 and East Windsor 1. 

In Tolland County, Tolland's seven was second only to Coventry's nine. Vernon had 4, Mansfield Center two, and Mansfield-Storrs, considered one entity by RealtyTrac, had two. 

Nationally, the leaders in foreclosures are Las Vegas, Phoenix, Chicago, Los Angeles and Houston.


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