Foreclosure Filings in N.C. Better than Surrounding States
Foreclosure filings increased 14 percent nationally in December from November, the first monthly increase since foreclosure activity peaked in July, according to a RealtyTrac report out today. Foreclosure filings were reported on 349,519 properties in December, which were also 15 percent higher than in December 2008.
North Carolina, however, posted an overall 16.1 percent decline in foreclosure rates in 2009 when compared to the previous year, and was one of only 10 states posting a decline in yearly foreclosure rates while the majority of states worsened.
In the fourth quarter, N.C. posted a 0.2 percent foreclosure rate, the smallest rate among its surrounding states. To view this interactive map, click here.
For more information on the national foreclosure rate, as well as year-end foreclosure rates for all 50 states, click here.
Source: USA Today
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