Record Ohio Foreclosures in 2009

Reposted from the Ohio Association of Realtors, OhioRealtors.org
Feb. 22, 2010
Supreme Court & Judicial System News
Feb. 17, 2010



Foreclosures Increase by 4 Percent in 2009

Supreme Court Numbers Show Total of 89,053 for Ohio foreclosure case filings in 2009 again set a record, according to data released today by the Supreme Court of Ohio. Common pleas courts across Ohio last year reported 89,053 new residential and commercial foreclosure case filings, marking the 14th consecutive annual increase. However, the increase in 2009 (3.8 percent) reflects the relatively steady, yet modest, increases of the past few years (5 percent in 2007 and 3 percent in 2008), which is notably slower growth than was seen in 2005 and 2006.


A quarter of Ohio’s 88 counties experienced a decline in foreclosure case filings in 2009 compared to 2008 with the remaining counties showing an increase in year-over-year foreclosures case filings except for Lawrence County, which held steady.


Morgan County showed the highest percentage increase (129.7 percent) in 2009 while Allen County showed the highest percentage decrease (30.7 percent). As for raw numbers, Cuyahoga County experienced the most new foreclosure case filings in 2009 with 14,171, although this total is less than the foreclosure case filings recorded in 2007. Noble County reported the fewest foreclosures case filings in 2009 with 32.


Created in 2008, Ohio’s multi-agency foreclosure prevention effort – the Save the Dream campaign – continues to provide Ohioans with assistance to numerous state resources and programs related to foreclosure.

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