Medina County Courthouse
Showing posts with label Medina County foreclosures. Show all posts
Showing posts with label Medina County foreclosures. Show all posts

Monday, March 07, 2011

Foreclosures Decline in 2010 Compared to 2009

Linda Gerberich, Administrative Assistant to Judge James Kimbler, prepared a report for Judge Kimbler showing the number of foreclosures for 2008 through February of 2011. The number of foreclosures declined in 2010 compared to 2009.

There is some concern, though, that the decline is due to the fact that a number of mortgage holders suspended foreclosure cases during 2010 due to the allegations of fraud in the signing of court documents. Since most mortgage holders have lifted their suspensions of foreclosure actions, there is concern that the number this year may exceed 2010. Whether that happens will not be known until later in 2011.

Foreclosures - Judge Kimbler

2008 2009 2010 2011

January 46 57 34 56

February 41 53 45 31

March 57 66 69

April 53 59 53

May 48 58 52

June 36 61 53

July 47 62 51

August 40 47 48

September 40 47 47

October 42 43 50

November 27 43 41

December 41 58 41

Total 518 654 584

Sunday, March 14, 2010

Medina County Foreclosures Near 1200 in 2009

Policy Matters Ohio, which is an organization that researches state government released a report showing that the number of foreclosure actions increased in 2009 over 2008 in most Ohio counties, including Medina County. In Medina County in 2009 there were 1155 foreclosure cases filed as compared to 961 in 2008. By way of comparison, in 1997 there were only 206 foreclosure actions filed.

The graph for Medina County that is on the Policy Matters Ohio website can be viewed below. To see an interaction map of Ohio which allows you to see a similar graph for all of Ohio's counties, click here.

Friday, February 19, 2010

Medina County Ranks 22 out of 88 Counties in Percentage of Foreclosure Case Increase in 2009

According to a study issued on February 17, 2010, by the Ohio Supreme Court, Medina County ranked 22 out of Ohio's 88 counties in increases in foreclosures cases from 2008 to 2009. The study shows that in 2008 Medina County had 961 foreclosures cases. In 2009 Medina County had 1155 foreclosures cases. The 2009 figures represented an increase of 20.2%.

Over the last five years, Medina County's foreclosure cases have increased every year. The number of foreclosure cases filed during that period are as follows:

2005-607
2006-729
2007-859
2008-961
2009-1155

The above figures show that over the course of those five years, the number of foreclosure cases filed in the Medina County Common Pleas Court has gone up over 90%.