Central Ohio Foreclosure Filings Jump 40% in 2Q

Metropolitan Columbus turned in one of the 50 highest housing foreclosure rates in the nation in the second quarter, but it fared better than most other cities in the state, RealtyTrac reported Friday. Irvine, Calif.-based RealtyTrac, which compiles and sells real estate data, reported the number of Central Ohio homes that slipped into the involved process of foreclosure soared nearly 40 percent from the second quarter of 2007. Central Ohio ranked 31st on the foreclosure list, logging 6,825 foreclosure filings in the quarter, or one for every 122 households.
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Posted by Editor at July 25, 2008 01:01 PM