Ohio ranked 11th in nation in foreclosures; Highland County numbers increase in July and August
By
Brandy Chandler-brandychandler@gmail.com
Ohio has the 11th highest foreclosure in the nation, according to a recent listing report, with the numbers taking a more than 30-percent jump during July/August. Highland County foreclosures are reflecting the trend, with recent numbers showing a slight increase.
RealtyTrac Inc., a foreclosure listing firm, reported last week that the number of homes in the first step of the foreclosure process "jumped 33 percent in July and August."
The numbers on Highland County foreclosures were also up in July and August, although only slightly.
According to figures from the Highland County Clerk of Court's Office, in 2011, there have been 175 foreclosure cases filed, though the end of August. That averages approximately 22 filings per month. In July there were 29 filings and in August there were 25.
In Highland County in 2010 there were 304 new foreclosure cases filed, according to the clerk's office, which was down from previous years.
According to end-of-year statistics from the Highland County Common Pleas Court, in 2009 there were 382 new foreclosure. In 2008 there were 351.
The court noted then that, "The number of foreclosure cases has been increasing steadily since 2003 when 254 were filed. The total increase over the seven-year period was 128 cases which represents a 50-percent increase."
According to The Associated Press, "The increase represents a nine-month high and the biggest monthly gain in four years. Ohio had the nation's 11th highest foreclosure rate in August, with one out of every 518 households receiving any type of foreclosure-related notice. In all, 228,098 U.S. homes received a foreclosure-related notice last month, a 7 percent increase from July but down nearly 33 percent from August of last year."
Highland County's unemployment rate was 13.1 percent for July. Ohio's overall jobless rate for July was 9 percent.
Ohio has the 11th highest foreclosure in the nation, according to a recent listing report, with the numbers taking a more-than 30-percent jump during July/August. Highland County foreclosures are reflecting the trend, with recent numbers showing a slight increase.
RealtyTrac Inc., a foreclosure listing firm, reported last week that the number of homes in the first step of the foreclosure process "jumped 33 percent in July and August."
The numbers on Highland County foreclosures were also up in July and August, although only slightly.
According to figures from the Highland County Clerk of Courts Office, in 2011, there have been 175 foreclosure cases filed, through the end of August. That averages approximately 22 filings per month. In July, there were 29 filings, and in August, there were 25.
In Highland County in 2010, there were 304 new foreclosure cases filed, according to the clerk's office, which was down from previous years.
According to end-of-year statistics from the Highland County Common Pleas Court, in 2009 there were 382 new foreclosure. In 2008, there were 351.
The court noted then that, "The number of foreclosure cases has been increasing steadily since 2003 when 254 were filed. The total increase over the seven-year period was 128 cases, which represents a 50-percent increase."
According to The Associated Press, "The increase represents a nine-month high and the biggest monthly gain in four years. Ohio had the nation's 11th highest foreclosure rate in August, with one out of every 518 households receiving any type of foreclosure-related notice. In all, 228,098 U.S. homes received a foreclosure-related notice last month, a 7-percent increase from July but down nearly 33 percent from August of last year."
Highland County's unemployment rate was 13.1 percent for July. Ohio's overall jobless rate for July was 9 percent.
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