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Mecklenburg Foreclosures up 30%

By
Real Estate Agent with Homes in the Piedmont, LLC

Foreclousures in Mecklenburg County, NC, home of most of the Charlotte market, jumped 82% in May 2009 as compared to May 2008.  This represents the third month above 1000 filings.  Continued unemployment seems to be contributing to the trend as the area is impacted by layoffs.

Other NC counties also posted big increases including Brunswick, Ashe, Avery, and Clay.

 

Posted by

Elaine Whitton Davis

Allen Tate Realtors, 803-985-3030

www.homesinthepiedmont.com