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Ohio, U.S. Foreclosure Activity Declined In November

The number of U.S homes entering the foreclosure process or repossessed by lenders in November fell by 10 percent from October, and by 32 percent from the same month a year ago. The foreclosure listing service Realtytrac says Ohio foreclosure activity fell by nearly 40 percent in November from a year ago. Realtytrac says nearly 68 hundred Ohio homes were in the foreclosure process in November - sixth highest out of the 50 states. Realtytrac says the trend is the latest sign foreclosures are becoming less of a national factor in the housing market recovery, and more of a city and state concern.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.