Connecticut had 23% more foreclosure actions under way in April than a year earlier, according to a new study, with newly commenced foreclosures spiking 40%.
Attom Data Solutions stated Connecticut was an outlier nationally, with foreclosure actions down 7% in April across the United States to the lowest level since late 2005. Connecticut's increase in new foreclosures occurred in the context of a 22% year-over-year decline in foreclosure starts.
In Connecticut, one home is under foreclosure for every 956 units, the fourth highest rate in the nation after New Jersey, Delaware and Maryland.
