Friday, July 8, 2005

Summit Co. Foreclosure Rates Maintain Record High

Rates Three To Five Times Greater Than Decade Ago

 

NewsNet5.com

 

SUMMIT COUNTY -- A new study shows foreclosure rates in Summit County remain at record-high levels, NewsChannel5 reported.
 

The Policy Matters Ohio study showed the county's per capita foreclosure rate went from no. 8 statewide in 2003 to no.7 in 2004.
 

Overall, foreclosure rates in Summit County are three to five times greater than ten years ago.

 


 

NewsNet5.com  07/08/2005

 

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Policy Matters Ohio is a non-profit policy research organization founded in January 2000 to broaden the debate about economic policy in Ohio. Our mission is to conduct high-quality research promoting decisions which benefit our whole community. Given the challenges of a rapidly-changing economic system, rising wage inequality, new issues in education and changes in the way work is organized, it is imperative that Ohio workers have a voice in the economic debate.

 

Policy Matters provides real-world analysis focused on issues that matter to low- and middle-income workers in Ohio. Our findings are accessible to the public, the media, and policy makers. We hope to strengthen democracy by providing Ohio's citizens with the essential tools to participate in the public discussion on the economy. We believe this will result in economic policies that better reflect the public interest.