Mar
12

Year-To-Year Foreclosures Up Across South Carolina for February

By
– Charleston Regional Business Journal

Foreclosures were up nearly 26% across South Carolina in February compared to the same month last year, according to data released Thursday.

National real estate tracking firm, RealtyTrac reported that South Carolina had 3,114 foreclosure filings during the month and more than 1,000 homes had been repossessed by lenders.

Those numbers indicate that one out of every 660 homes in the state is in distress, which ranks South Carolina 20th in the nation for the number of foreclosures. In February 2009, one out of every 880 homes had a filing.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.scbizmag.com/content/view/136868/1/
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    Categories : South Carolina News

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