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Realty Trac

Monday, December 3, 2012

Ohio in Top 10 for Foreclosure Deals in the Country

Find out what the housing market is like in Kent and Portage County, according to a recent RealtyTrac report.

Ohio places sixth on a list of top 10 states for foreclosure deals in the country, according to RealtyTrac's latest report. There are 80,406 foreclosed homes in the state, according to RealtyTrac. The average foreclosure savings is 46 percent and the average foreclosure sale price is $71,815 in Ohio.  (Note: Savings are measured by comparing average sales prices with average foreclosure sales prices.) In terms of actual foreclosures, Ohio ranks fourth on the list with 10,777. The Buckeye state is behind only: Illinois, with 14,899; Florida, with 28,783; and California, with 36,054, according to RealtyTrac. In Kent, one out of every 679 housing units received a foreclosure notice in October, according to RealtyTrac. Though that number …

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