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Foreclosure case filings decline in county
Published Monday, September 14, 2009
IRONTON — New foreclosure case filings in Lawrence County dipped 4 percent during the first half of 2009, though they still numbered more than past years.
There were 132 new foreclosure cases filed in Lawrence County Common Pleas Court through June 30, down from 137 at the same time last year and up from the 121 during the first six months of 2007. There were 100 foreclosures for the first half of 2006.
Exactly one-third of the new cases (44) were for properties in Ironton.
However based on population measure, there were higher rates of new cases for South Point (32) and Chesapeake (20).
Though many foreclosures properties are owned by non-residents, the population measure was used as a way to judge how widespread foreclosures are in each city or village.
Nearly all cities and villages throughout the county had at least one new foreclosure filing. The remaining list includes Proctorville (12), Kitts Hill (9), Pedro (5), Scotttown (3), Willow Wood (3), Coal Grove (2) and Crown City (2), which serves as the post office for the far eastern portion of the county.
In the first half of 2009, Ohio ranked 12th in the nation for having the highest foreclosure rates. Ohio managed to have new filings for one out of every 460 homes.
In addition, more than 14-percent of Ohio homeowners with mortgages – or one in seven – were delinquent or being foreclosed on, according to the Mortgage Bankers Association which surveys banks and lending companies on a quarterly basis.
Bar Graph:
2009 – 132
2008 – 137
2007 – 121
2006 – 100
Source: Lawrence County Clerk of Courts
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Comments
Posted by MasterChef (anonymous) on September 14, 2009 at 11:05 a.m. (Suggest removal)
It's sad and frightening to hear that 132 neighbors/families are losing their homes.
Posted by OzzyGrymes (anonymous) on September 14, 2009 at 1:59 p.m. (Suggest removal)
I agree MasterChef, I am sure that some have just neglected their bills but most have probably suffered from financial hardships and were unable to keep up. Lets pray for those that are facing this situation.
Posted by PEJ (anonymous) on September 14, 2009 at 4:58 p.m. (Suggest removal)
STIMULUS? Why didn't it help people who needed it.
Our unemployment rate is still at 10% and that is not counting those who have dropped off the rolls.
Auto makers are doing OK. God Bless the little people who work for 30 years and then get their Medicare and Medicaid taken away. Who were told that they would be taken care off, just keep paying. God HELP US ALL.
Posted by michaelOH (anonymous) on September 15, 2009 at 8:10 a.m. (Suggest removal)
Most of us are just two missed paychecks away from being homeless. Heart attack, bad car wreck, think about that.
Posted by Jammin (anonymous) on September 15, 2009 at 9:09 a.m. (Suggest removal)
This statistic does'nt mean things are any better-like saying the fires have died-down in California-the damage is done.
Posted by michaelOH (anonymous) on September 15, 2009 at 9:54 a.m. (Suggest removal)
and much more to come Jammin
Posted by MasterChef (anonymous) on September 15, 2009 at 10:45 a.m. (Suggest removal)
You know, everybody rags on the automakers and steelworkers and the money they make. But when it was OUR local industries paying top-dollar or close to it for blue-collar work, EVERYone tried to pull every string they could think of to get an employee to "put in a good word for me". Once closings and layoffs were announced the workers heard "serves them right" or "its no surprise".
Americans love to be on the "cruise ship to fame and fortune" with athletes, stars of music and screen and politicians. But once a small leak occurs, its every man for himself.
The automakers didn't come close to the brink because of contract concessions. They did so because of poor management who didn't look an inch beyond their nose to see the early need for more practical, less expensive in cost and less expensive to operate vehicles. Let's not forget the bankers who were more than willing to grant credit to the truly less-than-credit-worthy.
Considering the size of the bailouts for bankers, you'd think we'd frown every time we happened to bump into a bank manager, but instead we feel good if that banker uses our name and offers his hand. Would you feel that rosey about someone in a different profession if they had just robbed you and your next four generations tax dollars to pay their big salaries and bonuses?
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