Dayton top 10 foreclosure mkt (foreclosures, lenders, home)

[Giesela]

From CNN - Dayton was like 7th on their website for foreclosures. This was in an internet article on the subprime lending

Dayton, OH
Median home price: $117,400
Portion of households in foreclosure: 0.33%
Change since January: 12.6%

Advocates for homeowners say lax state regulations have made Ohio owners particularly vulnerable to predatory lenders and boosted the foreclosure rate.

[wrightflyer]

For well over a year now, predatory lending has been highlighted numerous times in the local newspaper. Sadly, the problem only appears to be deeping. If Dayton ever wants to recover, they need to start something, be it local or at the statehouse, to end these practices. For one, it would mean fewer blighted neighborhoods, which leads to higher property values.