wake county: "Real" 2008 foreclosure filings for Wake county, NC
- 01/01/09 03:02 AM
2008 is now behind us. I've summarized the "real" 2008 foreclosure filings for Wake county, NC below. By "real" foreclosure filings, I am counting property where the trustee submitted the Final report of sale of real property per state law. The national-level tracking firms like realtyTrac count "all types of pre-foreclosure and foreclosure homes...." This tends to inflate the "foreclosure" numbers by including things like property that have a late payment or two but no S-TR or SP filing. So Wake county foreclosures crept up over 9% in 2008 from 2007 levels. The current foreclosure rate is about what we saw … (1 comments)
2008 is now behind us. I've summarized the "real" 2008 foreclosure filings for Wake county, NC below. By "real" foreclosure filings, I am counting property where the trustee submitted the Final report of sale of real property per state law. The national-level tracking firms like realtyTrac count "all types of pre-foreclosure and foreclosure homes...." This tends to inflate the "foreclosure" numbers by including things like property that have a late payment or two but no S-TR or SP filing. So Wake county foreclosures crept up over 9% in 2008 from 2007 levels. The current foreclosure rate is about what we saw … (1 comments)
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