By MARGIE TRAX PAGE - Staff Writer - mtrax@starbeacon.com Star Beacon
It’s like staring down the barrel of a gun, Janice Switzer said.
The program manager for the Ashtabula County Community Services Office, Switzer holds a thick file folder filled with disheartening statistics.
“Foreclosure, home abandonment, subprime mortgages,” she said. “The list of our county’s housing troubles goes on and on.”
Switzer said the county’s collective housing problems, aggravated by a worsening economy and job losses, are “only going to get worse. I’m afraid.”
“I am not so worried about how bad it is now but really how bad it could be,” she said.
Switzer said the statistics speak for themselves.
“In a lot of areas in this county, 50 percent of loans are subprime,” Switzer said. “It is really sad to see a lot of these cases. In a way, it is like waiting for disaster to strike.”
The county felt a softer foreclosure blow than other areas in 2008, she said.
“The numbers for 2008 weren’t as bad as we anticipated,” Switzer said. “But that sort of leaves us waiting for the shoe to drop, so to speak.”
Switzer said her heart aches for elderly homeowners caught up in the subprime mortgage crisis.
“I am sad for the elderly people who maybe had health issues and refinanced their homes to cover those bills with a subprime mortgage,” Switzer said. “Now, they have a loan in foreclosure when they had almost 100 percent home equity before.”
Villa at the Lake A Drug Free Facility is seeking RCA’s Please apply within at 48 Parrish Rd Conneaut, OH...>MORE
DISPATCHER Needed in a fast paced busy environment. Must be available for various shifts. Apply within City Taxicab, 175...>MORE
ENGINEERING & PROCESS MANAGER Veitsch-Radex America Inc - An RHI Company, is a world leader in supplying products to the molten metals industry,...>MORE
State Tested Nursing Assistants Full time positions available, 2nd shift, excellent starting wage, great facility to work for. If inter...>MORE
Firefighter / Medic Saybrook Township Trustees are accepting applications for up to one full-time Firefighter/ Medic for their Township Fire...>MORE
Drivers Regional Opportunities for OHIO Drivers!
3 Pay Raises in the 1st Yr. Great Pay & Full Benefit...>MORE
WE HAVE JOBS!!!! Your job search begins and ENDS at Just In Time Staffing!
Restorative/Education Liason Nurse This applicant must be a registered RN in the state of Ohio with 2 years experience. Please fill out at applicatio...>MORE
House for Sale Andover 3BR 2.5BA Ranch Andover w/ full bsmt. Big country kitchen with island, pantry, family room, L shaped living and dining r...>MORE
THE “CHANGE” WILL DO YOU GOOD
NORMANDY VILLAGE 55+ Manufactured Home Community 700 W. Main St. (Rt.20) Geneva, Ohio 44...>MORE
For Sale By Owner 64 West Jefferson Street Well-maintained Center Hall Colonial w/ Pool/Guest House, Heated pool, Gazebo & mo...>MORE
MOBILE HOME FOR SALE CONNEAUT 2BR carport, large shed, dishwasher, appliances, AC, extras negotiable. $3500 obo. No land contracts. Conneaut 440...>MORE
Mobile Homes for Sale Whispering Willow 2BR & 3BR homes for sale starting at $7,900. Financing avail. 440-466-6403...>MORE
Lot For Sale 20 acres near Jefferson approximately 6 mature acres of woods and over 7000 seedlings. Great home or cabin setting $39,0...>MORE
Print this story
Post to del.icio.us
