Jul
21

S.C. Foreclosures Jump; Midlands Hardest Hit

By
– The State

Homeowners in South Carolina are entering foreclosure at a faster rate than last year – and Columbia is faring worst out of all the major metropolitan areas, a new report says.

The number of homes that received a foreclosure notice in S.C. during the first six months of the year jumped 34 percent from the same period in 2009, the report from RealtyTrac says, and nearly every metro area saw an increase.

Foreclosure filings rose 53 percent in the first half of the year, but held steady compared with the second half of 2009.

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