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Published: 7/29/2010


Metro area 52nd highest in '10 foreclosure filings

Metro Toledo ranks 52nd highest in foreclosure-related filings in the first half of the year among the nation's top 200 metro areas, a new study shows.

The ranking, the worst among the metro areas in Ohio, is based on the number of filings of default and auction notices and repossessions per households. RealtyTrac Inc., a national real-estate data tracking firm, says in a report released today the Toledo area has one such filing for every 65 houses.

The numbers differ from figures kept by the Lucas County Clerk of Court's office, whose records show a decline in foreclosures this year in the county. The county numbers, however, do not include default and auction notices. RealtyTrac figures, for example, would count some houses with more than one such filing.

The worst metro area in the country was Las Vegas, with one foreclosure-related filing for every 15 houses.



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