News

Foreclosures up 26% in Ohio

COLUMBUS, Ohio – More homeowners got foreclosure notices last month, even as the housing recovery grows stronger, and Ohio was especially hard-hit.

Ohio recorded the fourth-highest foreclosure rate in the nation in February, 26 percent higher than in January and up 12 percent from a year ago, according to the California-based tracking firm RealtyTrac.

Ohio foreclosure activity has increased on an annual basis in 11 out of the past 13 months.

Franklin County saw a 39 percent year-to-year drop in the number of foreclosure filings, according to Clerk of Courts Maryellen O’Shaughnessy’s website.

Foreclosure filings nationwide jumped 10 percent in February.

“Dangerous foreclosure flare-ups are still popping up in states where foreclosures have been delayed by a lengthy court process or by new legislation making it more difficult to foreclose outside of the court system, RealtyTrac vice president Daren Blomquist said.

More than 71,000 foreclosures began, which is 25 percent fewer than in February of 2012.

Florida had the highest foreclosure rate in the nation for the sixth month in a row, followed by Nevada and Illinois.

Weather Watch Sponsored By

Featured Events

  • No events
  • News

    in Entertainment

    Billboard suggests Sean ‘Diddy’ Combs in the line of fire for ‘Rush Hour 4′

    puffdaddy

    Is this a prank or is Puff Daddy replacing Chris Tucker in the fourth installment of the franchise?

    in Lifestyle

    Diet Pepsi dropping aspartame on customer concerns

    soda

    The decision to swap sweeteners comes as Americans keep turning away from popular diet sodas.

    in Entertainment

    Coming soon to Netflix

    Netflix

    This is the last weekend to binge on these shows and movies. Get a sneak peak at what's leaving Netflix and what will be new in May.