1. Housing data: Cuyahoga, Lucas, and state trends
Matt Klesta
June 15, 2012
The views expressed are mine and not necessarily those of the Federal Bank of Cleveland or the Federal Reserve System

2. FHFA Home Price Index 2000:Q1 – 2012:Q1 2000:Q1 = 100
Source: FHFA/Haver Analytics

3. Percent of all loans greater than 90 days delinquent
Percent of all loans in foreclosure
April 2007 – April 2012
Source: Lender Processing Services (LPS) Applied Analytics

4. Loans entering 90 days delinquency in Ohio
2010:Q1 & 2010:Q2
Source: Calculations based on loan modification flagging algorithm on LPS data.

5. Community Stabilization Index (CSI)
Methodology
Zip code
Components normalized to 0-1
1 being most distressed
Data source
LPS
65% of U.S. mortgage market
Why it’s useful
Provides policymakers and community leaders with a snapshot of a region’s housing market health and recovery potential
Periodic recalculations give the ability to track relative changes through time
Index components

6. Cuyahoga County Community Stabilization Index
January 2012
Percentage Point Change in Foreclosure Rate
January 2011 – January 2012
Source: Lender Processing Services and authors’ calculations

7. Lucas County Community Stabilization Index
Percentage Point Change in Foreclosure Rate
January 2012
January 2011 – January 2012
Source: Lender Processing Services and authors’ calculations

8. Questions or comments?
Matt Klesta