Foreclosures Increasing
Rising prices and a general economic malaise are hitting home — literally — in Ohio, as a new report shows foreclosure activity is increasing in the state. Realtor.com says the Buckeye State has a foreclosure filing rate higher than the national average — one for every 2,787 housing units. That is sixth on the list — just ahead of New Jersey, according to the Cincinnati Enquirer. The national average is one in every 3,701 housing units entering foreclosure proceedings. Back in 2021, 8.4% of Ohio mortgage holders were spending at least half their income on housing, the ...