Northeast Ohio counties face foreclosure risk, but others top the list

Remember the international coverage of Cleveland as a hotbed for eviction and foreclosure cases during the housing collapse and Great Recession? Maybe that won’t be the case in this recession.

A report on vulnerability to foreclosures prepared by Attom Data Solutions, a housing data provider based in Irvine, Calif., shows Northeast Ohio counties are trending lower than other parts of the nation so far this time around. The Midwest is faring better than the Northeast U.S., according to Attom. The data services provider said housing costs rising faster in pricier markets put them at more risk for foreclosures than flyover country.

The index takes into account unemployment linked to COVID-19, home equity, percentage of income to buy a home, prices, current foreclosure cases, housing debt and other factors. The lower a county’s ranking on the list, the greater risk the area has for foreclosures. Surprisingly, just three Northeast Ohio counties

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Northeast Florida real estate market shows healthy gains this summer

For the Times-Union

The real estate market in Northeast Florida is thriving. Record low interest rates are motivating buyers while limited homes available for sale and price appreciation are providing sellers with a unique opportunity to maximize their homes’ value and earn more profit. During the month of August, 26 percent of homes in Northeast Florida sold over list price.

“In my nearly 20 years in the business, I have never seen a market like the one we have been experiencing since June,” said Berkshire Hathaway HomeServices Florida Network Realty President and CEO Christy Budnick. “We are experiencing a fast-paced market with multiple offers on homes for sale in all price categories.”

Realtor Zack Williams received seven offers on his Montclair Drive listing, which went under contract in three days and sold for $5,000 over the $365,000 listing price. There were eight offers for Realtor Sarah Rothstein’s listing on Invermere

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