Sheriff’s Sales: 1 in 3 Franklin County Home Sales
Community Research Partners’ third Data Byte is out! This Data Byte looks at sheriff’s sales in Franklin County and its school districts. A sheriff’s sale is the process by which the county sheriff appraises a property’s value and sells it at a foreclosure sale or auction.
In 2008, sheriff’s sales represented one in three (32%) sales of 1-3 unit residential properties in the county and one in five (20%) condominium sales, up from 12% and 3% respectively in 2003. Rates vary across school districts, from 6% in Upper Arlington to over half (55%) in Whitehall.
Click here (PDF) to read this Data Byte and learn more about the growing issue of sheriff’s sales.