Foreclosure Growth in Ohio, 2007
March 26, 2007
Ohio’s foreclosure crisis, already severe, worsened substantially in 2006. In its annual report on the issue, Policy Matters Ohio finds that foreclosure filings in the state jumped substantially last year. According to data reported to the Ohio Supreme Court by common pleas court judges across the state, there were 79,072 new foreclosure filings, an increase of more than 15,000 or 23.6 percent from 2005. Filings grew by double-digit rates in 68 of Ohio’s 88 counties in 2006, and statewide, they have nearly quintupled since 1995. Previous Policy Matters reports have included data and analysis of sheriff sales, which this update does not.