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