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August's Latest News

Foreclosure filings in N.C. doubled in first half of 2007
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Tuesday, July 31, 2007

Foreclosure filings in North Carolina nearly doubled during the first half of 2007 compared with the
same period a year ago, RealtyTrac.com reported yesterday.

The company, which specializes in foreclosure listings, reported 13,944 foreclosures in North Carolina during the first half of 2007.

The report found that there is a foreclosure for every 226 households in North Carolina.

Foreclosures nationally rose 58 percent in the first half of 2007 to 573.397 compared with a year
ago. The report also showed a foreclosure rate of one filing for every 134 U.S. households.

Source: http://www.journalnow.com/servlet/Satellite?pagename=WSJ%2FMGArticle%2FWSJ
_BasicArticle&c=
MGArticle&cid=1173352196199&path=!business&s=1037645507s703

 

 
 

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