Homes foreclosed (%)
The percentage of all homes in Cleveland that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
The percentage of home sales in a given month in Cleveland where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Cleveland Foreclosure Re-sales |
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