Monday, May 21, 2018
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Real Estate

Ohio foreclosure filings up a bit, Michigan's 14%

Foreclosure filings in Ohio rose slightly in February, part of a nationwide trend in all but 14 states, a national report released today shows.

Ohio's filings averaged one for every 450 homes, making it the 12th-worst state for foreclosures, according to RealtyTrac Inc., an Irvine, Calif. real-estate data firm. Last month, the state was 14th. The state's total of 11,286 foreclosure filings was up about a half percent from a year ago and up 1.6 percent from a month earlier.

Michigan fared worse. It was the fifth-highest state for foreclosures, with one filing for every 226 homes, RealtyTrac said. The state's total of 20,028 filings was up 59 percent from a year ago and 14 percent from January.

Nationally, RealtyTrac found 308,524 foreclosure-related filings in February, one for every 418 housing units, and up 6 percent from a year ago and down 2 percent from January.

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