According to a real estate research company, South Carolina is way up the list of states having the most number of foreclosures and is currently ranked 21st nationwide. The foreclosure crisis may be taking its toll on the state as statistics reveal that one in every 717 houses in South Carolina is in danger of being foreclosed.
Continue Reading: Foreclosure Crisis Causing HOA Fees Woes
With more and more South Carolina foreclosures getting listed in the real estate market of the state every month, the prices of homes are constantly reducing. The entire real estate industry has been suffering from the credit crunch. This is why more and more homeowners are unable to pay their mortgages because of accumulated interests. Even though the government is taking steps to prevent foreclosures, the scenario seems to be never ending and [...]
Continue Reading: Neighborhood influences prices of South Carolina foreclosures
As of the first quarter of 2007, the number of South Carolina foreclosed homes is till way below the nation's average. A total of 1,091 households entered some stage of foreclosure for the first three months of this year. Based on this, South Carolina is ranked at the 41st place among states with highest foreclosures rate with 1 foreclosure for every 1,606
Continue Reading: South Carolina Enjoys Low Foreclosures Rate
