Truth about Kosciusko County Foreclosures

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The Truth about Local Foreclosures

  Many Things have been written and reported negatively about home foreclosures. While Kosciusko County is not immune to this, we are not nearly as bad as the reports out there suggest.

Here are the Facts:  Currently in Kosciusko County

Sold foreclosures YTD = 14    List price to sale price = 51,864/ 48,437

Current active foreclosures = 33    Current pending = 17

That's less than 5% of the current 973 homes for sale.


Many think that foreclosures are way up.Below are the actual figures from the Kosciusko County Sheriff sales of foreclosured proerties.


Sheriff's Deed recordings per year: Look at 2004 & 2005 when the economy was "really churning", Then look at 2008. Not a lot of difference.

2003=128           2004 = 190

2005 = 179          2006 = 162 

 2007- 175           2008 = 198

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