Apr
30

Spartanburg MSA Shows Lowest Rate of Foreclosures

By
– SCbizmag.com

The Spartanburg metro region has the lowest rate of foreclosures in the state compared to other population centers, according to data released Thursday. One home was in distress for every 369 homes in the Spartanburg region, according to data from RealtyTrac.

The national real estate tracking company released its first-quarter Metropolitan Foreclosure Report showing foreclosure numbers and percentages for the 206 largest regions across the United States.

All of South Carolina’s metropolitan statistical areas ranked between 57 and 154, with a higher number indicating fewer foreclosures per number of homes in the region.

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