Taking this with a grain of salt since I don’t know if Greater Pittsburgh’s Braddock has an ArtsBraddock or a Beachland Ballroom type venue like I do in my neighborhood:

If you own a home in Ohio, you’re almost four times more likely to undergo foreclosure than if you live in Pennsylvania.

That is the finding of a report by the Federal Reserve Bank of Cleveland, based on an analysis of foreclosure rates in Cuyahoga County verses Pittsburgh’s Allegheny County.

The report examined foreclosure rates in Greater Pittsburgh’s Braddock and Cleveland’s North Collinwood neighborhood, two areas with similar demographics as well as socioeconomic statistics…

via Rust Wire » Blog Archive » Why it’s Better to be a Homeowner in Pennsylvania than Ohio.

George Nemeth · Kaboom

June 8th, 2009