Indiana's Foreclosure Surge: A Deep Dive
Cincinnati News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Indiana tops the nation in foreclosure filings, with one for every 1,597 housing units in February. Indianapolis and Evansville rank among the top five major U.S. cities. Nationally, filings increased by 20% year-over-year, with South Carolina and Florida following Indiana. Rising costs, including escrow payments and property taxes, contribute to the trend in Indiana. Certain Indianapolis neighborhoods are hardest hit, with properties often flipped into high-rent units by out-of-state investors.
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