Are Ohio’s Foreclosures Decreasing?
Foreclosures Decreasing?
Are foreclosures coming down in Ohio? NBC 4 gets both sides of the story.CENTRAL OHIO—The number of Americans who are on the verge of losing their homes has increased almost 15 percent.
Realty Trac, a foreclosure listing service, said foreclosure filings increased more than 33 percent in June compared with the same month last year and were up nearly 5 percent over May.
Ohio had the nation’s 12th highest foreclosure rate for June, with a little more than 1 percent of households receiving a filing. Are the state’s foreclosures decreasing?
NBC 4’s Mike Bowersock reported with both sides of the story.
The Columbus Housing Partnership said it is receiving more calls. In fact, calls have increased 35 percent over last year.
Those calls are from people wanting to know how they can keep their homes.
Many of them are going through the same experience as a woman on the North Side of Columbus.
“I don’t know how many more days I have in my house before I get that knock on my door,” Kristin Baker said.
Baker, a single mother, is waiting for foreclosure.
“It’s on my mind 24/7. It’s difficult to sleep. It’s difficult to relax. It’s difficult to not break out in tears at any given point,” Baker said.
Nine years in a home. Job loss. Health problems.
“This was my dream. I had never owned a house until I was 50, and this was my dream, and this was where I was going to spend the rest of my life, and my dream is shattered. It’s been tainted. It just makes me sad,” she said.
According to some reports, foreclosures in Ohio are decreasing. That’s not what the Columbus Housing Partnership is finding, though.
“Our numbers this year compared to last year is a 15 percent increase,” CHP President Amy Klaben said.
The foreclosure issue in Ohio is reaching a fevered pitch, according to some.
Neighborhood Assistance Corporation of America marched on the Statehouse Thursday regarding predatory lending and foreclosures.
“What we’ve seen is that there’s a discouragement in Ohio, and there’s a discouragement in Ohio in a sense that people are saying, ‘Is there real hope out there?’ Because these lenders do nothing,” said Bruce Marks with the Neighborhood Assistance Corporation of America.
That’s what Baker said she has found.
“I want to contribute. I don’t want to be a freeloader. I don’t want a hand out. I want a hand up,” Baker said after two years of dealing with her lender and trying to keep her home.
She said she’s three steps away from having to leave her home.
She was involved in predatory lending and doesn’t know how much longer she will be in the home.
For additional information, stay with NBC 4 and refresh nbc4i.com—Where Accuracy Matters.
To submit a story idea or news tip, e-mail
.
MORE: NBC 4 Local News | Local Crime News
NBC 4 SPORTS: Sports News, Video
NBC 4 POLITICS: Headlines, Interactives & Video
Advertisement
Reader Reactions
This Kristin Baker is my neighbor and she is a TOTAL WACKJOB!! All she cares about is her lawn, and making sure that no one touches it…to the point of even calling the cops on me. She’s also really good at sitting at her window and watching every move everyone makes.
Pay NO attention to what this woman says. Channel 4 could waste their time interviewing other more mentally stable people.
THE CHANGE HAS JUST BEGUN!! MY CULT OF PERSONALITY PARTICIPANTS!!
Amen to that Laura! Our house payment increased dramatically this summer because of an increase in taxes from a school levy passed a year ago. When will it ever stop?
These foreclosure rates are only increased by the unbearable tax burden on homeowners to feed the school systems that want to ignore the state of the economy and hit us constantly for increases to give themselves raises-while our wages have been driven down to those of third world countries.



Advertisement