In 2010, more than one million homes were lost to foreclosure and another 1.9 million were somewhere in the process.
Ohio nearly has one foreclosure for every 47 homes and tracks closely with the national average. Suburbs have been deeply affected by this. The initial foreclosure wave between 2006 and 2010 was lead by improper lending.
Unemployment rates climbed through 2009 and peaked in March 2010 at 11 percent. Unemployment rates have continued to be a driving force of foreclosures.
If you or a loved one has been having financial issues and are considering a foreclosure on your home, contact the Florida foreclosure defense lawyers of Ryan J. Really, Attorney at Law, PLLC by calling (239) 237-0675 today.