Ohio ranks 12th in nation’s highest foreclosure rates

opadmin2011-04-18T21:20:40+00:00

For the number of filings that have been made in the first three months of the year, Ohio has been ranked the 12th highest in foreclosure rates in the nation. RealtyTrac Inc. announced that the number of foreclosure rates has risen 13 percent from February to March. This has been the highest increase in over [...]

Ohio ranks 12th in nation’s highest foreclosure ratesopadmin2011-04-18T21:20:40+00:00

Home sales in northeast Ohio have seen a decrease, follows national trend

opadmin2011-03-31T21:23:15+00:00

In the month of February, the amount of home sales have slipped in northeast Ohio and in the rest of the country. The sales of the new and existing homes in the 15 county region have gone down by nearly 14 percent. House sales are down from the year before, by condominium sales have rose. [...]

Home sales in northeast Ohio have seen a decrease, follows national trendopadmin2011-03-31T21:23:15+00:00

Mahoning County sees rise in foreclosure rates

opadmin2011-03-24T18:28:39+00:00

Foreclosure rates in the month of December have risen in Mahoning County from where they were at this time last year. According to newly released data, foreclosure rates reached 4.6 percent among those who have an outstanding mortgage. The foreclosure rate in the Mahoning Valley is higher than the national average which is at 3.58 [...]

Mahoning County sees rise in foreclosure ratesopadmin2011-03-24T18:28:39+00:00

Averaged foreclosed home price is at half the value

opadmin2011-03-04T15:25:24+00:00

According to a California-based foreclosure tracker, the average foreclosed home in Ohio went for $79,835, which is a 43 percent discount. This number has actually decreased from the year before when it was a 47 percent discount. Foreclosure sales in Ohio are even lower than they are in other states. The average foreclosure sale in [...]

Averaged foreclosed home price is at half the valueopadmin2011-03-04T15:25:24+00:00

Ohio foreclosure drop in 2010, first time for decrease in 10 years

opadmin2011-02-28T16:19:24+00:00

For the first time in a decade, the number of foreclosure filings have decreased in 2010 compared to 2009, according to information from the Ohio Supreme Court. The reports show that there were 85,483 foreclosure filings in commercial and residential properties in 2010. In 2009, there were 89,061 new case filings. Since the court began [...]

Ohio foreclosure drop in 2010, first time for decrease in 10 yearsopadmin2011-02-28T16:19:24+00:00

Ohio foreclosures off to slower start in 2011

opadmin2011-02-21T16:09:32+00:00

The foreclosure rate in Ohio in 2011 is off to a slower start than the previous year, but many are saying that this is not a sign that the market troubles are ending, only that the lenders that were ignoring guidelines while processing have now stopped doing so. Since January of last year, the foreclosure [...]

Ohio foreclosures off to slower start in 2011opadmin2011-02-21T16:09:32+00:00

Officials get tough on foreclosure documents

opadmin2011-01-31T15:00:06+00:00

Lawyers are now required to look at every foreclosure document in Franklin County due to the fraudulent foreclosures that have been occurring across the nation. Some lawyers that are to be involved in signing all of the documents have asked the Ohio Supreme Court to prohibit judges from requiring them to do this. This new [...]

Officials get tough on foreclosure documentsopadmin2011-01-31T15:00:06+00:00

Ohio foreclosures driven by high unemployment

opadmin2011-01-25T14:42:18+00:00

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 [...]

Ohio foreclosures driven by high unemploymentopadmin2011-01-25T14:42:18+00:00

Ohio foreclosures down 5 percent in 2010

opadmin2011-01-20T21:28:44+00:00

According to new data, the foreclosure filings in Ohio have decreased by 5 percent in 2010 although it has increased in most areas of the nation. The information was gathered by a foreclosure tracker out of California and it said that Ohio had 10,523 auction, default, and bank repossession notices in the month of December, [...]

Ohio foreclosures down 5 percent in 2010opadmin2011-01-20T21:28:44+00:00

Ohio former attorney general files foreclosure class action suit

opadmin2011-01-05T15:02:11+00:00

A former attorney general in Ohio, who was forced to resign after a sexual assault scandal in 2008, is now taking on his first high-profile lawsuit since the incident. The man filed the suit against a law firm that he claims files frivolous foreclosures. The man is stating the the law firm does not have [...]

Ohio former attorney general files foreclosure class action suitopadmin2011-01-05T15:02:11+00:00

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