August 20, 2014

Subscriber Login



VW County foreclosure numbers back up in 2012 PDF Print E-mail
Friday, May 10, 2013 12:46 AM

BY ED GEBERT

Times Bulletin Editor

This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

VAN WERT — Van Wert County bucked the trend last year in terms of the number of new home foreclosure case filings. While the state figures slipped by about 1.5 percent from 2011 totals, in 2012 Van Wert County saw an 11-percent increase in foreclosures. Even with the increase, the number of homes heading to foreclosure last year is nowhere near the numbers from 2008 and 2009.

 

According to data released this month by the Ohio Supreme Court, in 2008 the county saw 201 foreclosures; that figure jumped to 207 the next year. By 2010, the trend started the other way with just 156 that year and only 133 in 2011. The total in 2012 for Van Wert County was back up to 147.

 

Statewide, common pleas courts reported 70,469 new residential, commercial and tax foreclosure case filings to the Supreme Court in 2012. That amounts to about 1,000 fewer than 2011.

The Ohio Supreme Court began collecting foreclosure data in 1990. The total rose for 14 straight years through 2009 when the number hit an all-time high of 89,061. Since that time, the totals have decreased all the way to 70,469 in 2012.

Neighboring counties in northwest Ohio were more in line with the state totals. Paulding County saw a 3-percent drop in foreclosures, Putnam County had a 6-percent drop, and Allen County showed a 2-percent decrease but Mercer County’s total was up six percent over 2011, rising from 117 to 124.

Overall, the number of filings was up in 35 counties, down in 52 counties and the same in Williams County. Twenty counties reported double-digit drops. The largest percentage drop was in Monroe County with a decrease of 58 percent. On the other side of the coin, Adams County had a 41- percent leap with the number of foreclosures barely surpassing the number in 2010.

Cuyahoga County again led the state in the number of foreclosure case filings with 11,427.

Last Updated on Friday, May 10, 2013 10:46 AM
 

Add comment


Security code
Refresh