Dubious honor: Ohio leads the nation in home foreclosures

[travelin]

Wow, that is horrible. More that triple the national average. There is predator lending everywhere, so you can't blame it on that. Blame it on the just horrid Ohio economy and probably the worst state government in the country. Plus, incredibly high taxes. Hard to survive making 7/hr at Walmart and on top of that the state and feds take about half of it.

No companies that would bring jobs what to move to Ohio, because of the high taxes. Also, most people realize just how much of a dump Ohio is and will do anything to get out.

All you home owners must just love this, it means your house's value remains stagnant. Just another reason why Ohio has to be one of the worst states to live.

[GretchenB]

"Colorado recorded the highest foreclosure rate in the nation, one for every 376 households. In sheer numbers, Texas led the nation with more than 14,000 households entering into some stage of foreclosure."

http://money.cnn.com/2007/01/16/real...ion=2007011716

This article shows Ohio is ranked #6 in foreclosure rates:
http://realestate.msn.com/buying/Art...umentid=340866


Wow, some people sound so bitter about living in Ohio. I grew up in Ohio and after college moved around the counry, living in many big cities. Now that I am older, I am looking to move back to an area similar to where I was raised.

I am by no means suggesting Ohio is perfect.My suggestion is, before bashing Ohio, get out and see if the grass is really greener elsewhere, instead of just complaining.

In addition, the numbers show Ohio is not leading the nation in foreclosures!

[travelin]

Originally Posted by GretchenB

"Colorado recorded the highest foreclosure rate in the nation, one for every 376 households. In sheer numbers, Texas led the nation with more than 14,000 households entering into some stage of foreclosure."

http://money.cnn.com/2007/01/16/real...ion=2007011716

This article shows Ohio is ranked #6 in foreclosure rates:
http://realestate.msn.com/buying/Art...umentid=340866


Wow, some people sound so bitter about living in Ohio. I grew up in Ohio and after college moved around the counry, living in many big cities. Now that I am older, I am looking to move back to an area similar to where I was raised.

I am by no means suggesting Ohio is perfect.My suggestion is, before bashing Ohio, get out and see if the grass is really greener elsewhere, instead of just complaining.

In addition, the numbers show Ohio is not leading the nation in foreclosures!

Umm 1 in 376 is about .2%, that is way less than Ohio has 3.3%
Texas has a population about twice that of Ohio.

If anyone thinks Ohio is great, just take a look around. According to the Dayton Daily News, Dayton has the 2nd highest unemployment rate. Second to Detroit. Dayton has the largest number of people below the poverty line for any major metropolitan area. This is just a sad area to live.

I've lived in 5 state and Ohio is the low. I know Ohio wasn't great, but didn't think it was that bad until I got here.

[Donna7]

Originally Posted by GretchenB

"Colorado recorded the highest foreclosure rate in the nation, one for every 376 households. In sheer numbers, Texas led the nation with more than 14,000 households entering into some stage of foreclosure."

http://money.cnn.com/2007/01/16/real...ion=2007011716

This article shows Ohio is ranked #6 in foreclosure rates:
http://realestate.msn.com/buying/Art...umentid=340866


Wow, some people sound so bitter about living in Ohio. I grew up in Ohio and after college moved around the counry, living in many big cities. Now that I am older, I am looking to move back to an area similar to where I was raised.

I am by no means suggesting Ohio is perfect.My suggestion is, before bashing Ohio, get out and see if the grass is really greener elsewhere, instead of just complaining.

In addition, the numbers show Ohio is not leading the nation in foreclosures!

What does this mean: "Looking to move back to an area similiar to where I was raised"? (1) Does this mean that you're looking to come back to Ohio and find a house, or (2) You're looking elsewhere in the U.S. to find a similiar place as to where you grew up in and will purchase a house?

[bneal_1580]

Originally Posted by Need_affordable_home

I am really supprised Ohio leads in forclosures. I thought it would be California, Florida, New Jersey or some other expensive state! Much of Ohio has very affordable housing, I always wondered how someone can get a house he paid a few thousand forclosed!

I think it's because the jobs we do have here seem to pay a lot less. I can have the same job in another state and make a lot more money...without much of a raise in the cost of living. That's why I'm planning on moving out of here in the next few months.