Despite an 18-percent drop in foreclosure activity across the country in January, default notices, foreclosure auctions and repossessions saw some of the biggest year-over-year increases in Connecticut, according to Realty Trac.
Foreclosure notices were up 82 percent in Connecticut, second only to Maryland’s 126 percent increase. Scheduled auctions increased 223 percent, second to Oregon’s 326 percent increase.
Meanwhile, bank repossessions increased 75 percent in the state.
One of every 752 mortgaged Connecticut homes was in some state of foreclosure in January, Realty Trac said. That’s the third highest foreclosure rate in the country.
