LOCAL FORECLOSURES UP 25% SINCE 2001, SHERIFF SALES MORE THAN DOUBLE: Policy Matters Ohio has a major new county-by-county
study of Ohio home foreclosures available on its website. It's based on a statewide survey of county sheriffs and it's full of bad news.
The bad news for Cuyahoga County:
Home foreclosures in 2003: 8,686, up 25% from the number in 2001.
Sheriff sales in 2003: 4,421, up 111% (!) since 2001.
One out of every sixty-six homes in Cuyahoga County was the subject of a foreclosure last year.