After the $25 billion settlement in a foreclosure fraud case on February 9, officials predict that the foreclosure crisis in Ohio will end in the near future. Because of the settlement, foreclosures in Ohio will increase, but afterwards, officials believe foreclosures will be on the downturn. The settlement will mean an increase in new foreclosure [...]

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. [...]

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 [...]