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Economy and Business


Four years running, Cuyahoga leads in foreclosures
But trouble is spreading from urban cores
by WKSU's M.L. SCHULTZE


Web Editor
M.L. Schultze
 
A new report on foreclosure in Ohio shows they're leveling off, but simultaneously spreading
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Counties 2007 population 2008 filings Filings/1,000 Rank Adams 28,160 155 5.5 54 Allen 105,233 996 9.46 4 Ashland 54,902 282 5.14 59 Ashtabula 101,141 782 7.73 15 Athens 63,275 170 2.69 85 Auglaize 46,429 227 4.89 65 Belmont 67,908 220 3.24 79 Brown 43,956 371 8.44 6 Butler 357,888 2988 8.35 7 Carroll 28,516 122 4.28 72 Champaign 39,522 256 6.48 38 Clark 140,477 1125 8.01 12 Clermont 193,490 1285 6.64 32 Clinton 43,071 291 6.76 30 Columbiana 108,698 636 5.85 47 Coshocton 36,341 180 4.95 64 Crawford 44,227 337 7.62 19 Cuyahoga 1,295,958 13858 10.69 1 Darke 52,205 310 5.94 44 Defiance 38,543 183 4.75 67 Delaware 160,865 909 5.65 50 Erie 77,323 562 7.27 22 Fairfield 141,318 964 6.82 28 Fayette 28,308 216 7.63 18 Franklin 1,118,107 9307 8.32 8 Fulton 42,562 216 5.07 61 Gallia 30,841 95 3.08 81 Geauga 95,029 435 4.58 70 Greene 154,656 773 5 63 Guernsey 40,409 210 5.2 57 Hamilton 842,369 6674 7.92 14 Hancock 74,204 436 5.88 46 Hardin 31,650 210 6.64 33 Harrison 15,506 81 5.22 56 Henry 28,931 146 5.05 62 Highland 42,653 351 8.23 9 Hocking 28,959 178 6.15 42 Holmes 41,369 109 2.63 87 Huron 59,801 396 6.62 34 Jackson 33,314 198 5.94 43 Jefferson 68,730 297 4.32 71 Knox 58,961 405 6.87 26 Lake 233,392 1517 6.5 37 Lawrence 62,609 260 4.15 74 Licking 156,985 1205 7.68 16 Logan 46,279 323 6.98 23 Lorain 302,260 2442 8.08 11 Lucas 441,910 4359 9.86 2 Madison 41,499 198 4.77 66 Mahoning 240,420 1836 7.64 17 Marion 65,248 531 8.14 10 Medina 169,832 961 5.66 49 Meigs 22,895 75 3.28 78 Mercer 40,888 142 3.47 77 Miami 101,038 590 5.84 48 Monroe 14,258 38 2.67 86 Montgomery 538,104 5194 9.65 3 Morgan 14,613 37 2.53 88 Morrow 34,520 261 7.56 21 Muskingum 85,333 563 6.6 35 Noble 14,096 38 2.7 84 Ottawa 41,084 273 6.64 31 Paulding 19,182 126 6.57 36 Perry 34,839 217 6.23 41 Pickaway 53,809 319 5.93 45 Pike 27,918 129 4.62 69 Portage 155,869 874 5.61 51 Preble 41,739 374 8.96 5 Putnam 34,635 104 3 82 Richland 125,679 862 6.86 27 Ross 75,398 416 5.52 53 Sandusky 60,997 321 5.26 55 Scioto 75,958 304 4 76 Seneca 56,705 316 5.57 52 Shelby 48,834 250 5.12 60 Stark 378,664 3017 7.97 13 Summit 543,487 4113 7.57 20 Trumbull 213,475 1481 6.94 25 Tuscarawas 91,398 389 4.26 73 Union 47,234 321 6.8 29 Van Wert 28,889 201 6.96 24 Vinton 13,372 43 3.22 80 Warren 204,390 1306 6.39 39 Washington 61,576 173 2.81 83 Wayne 113,554 462 4.07 75 Williams 38,378 199 5.19 58 Wood 125,399 582 4.64 68 Wyandot 22,471 98 6.39 40
Listener Comments:

Not to minimize individual problems... But raw statistics can spread unwarranted panic. Even in Cuyahoga County, if one assumes an average household of 4 persons, there are 325 thousand households. 14 thousand foreclosure filings (including redundancy as cases progress). Doesn't this indicate that, notwithstanding mortgage fraud, a deteriorating economic base, and a part of the population that is permanently unemployed, 96% of people are current with their mortgage?


Posted by: Optimist (NYC) on March 17, 2009 10:24AM
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