Foreclosures decline in S.C.

South Carolina's foreclosure rate keeps falling. In November, the rate dropped 0.49% from October, to 2,021 properties. Nationwide, foreclosures in November were down 7%.
 
That's significant, according to RealtyTrac, a national tracking firm whose data also is used by The Wall Street Journal to follow foreclosure trends. Foreclosure notices went from one for every 452 homes in the U.S. in October to one for every 488 homes in November. In September, the ratio was slightly higher, at one in every 475 homes.
 
RealtyTrac is forecasting that the trend will increase in the first few months of 2009.
 

 
The state had 2,021 properties in some state of foreclosure in November, compared with 2,031 in October. The October number was a 7.7% drop from September's numbers.
 
Those figures put South Carolina at 24th out of the 50 states and Washington, D.C. The states with the highest foreclosure rates were the ones industry watchers have come to expect: Arizona, Florida and Nevada. For comparison, Nevada had 13,962 foreclosures for the month.
 

 
Foreclosure filings in November
 

Lowcountry counties

County            Number           Per household
Berkeley           134                  1/473
Charleston       261                  1/632
Dorchester       127                  1/358
 

Midlands counties

County            Number           Per household
Kershaw            3                     1/8,378
Lexington        105                   1/967
Richland           37                    1/4,049
Sumter             55                     1/808
 

Upstate counties

County            Number           Per household
Anderson          46                   1/1,761
Greenville        462                 1/394
Pickens              96                  1/524
Spartanburg      51                  1/2,328
 

Pee Dee counties

County            Number           Per household
Florence           19                     1/2,828
Darlington        6                      1/4,984
Marion              1                       1/15,407
Dillon                2                       1/6,451
Williamsburg  0                       0/19,555

written by Marci Toliver

Marci Toliver is a home staging consultant, providing home staging services to Greenville, Spartanburg & Anderson, SC. areas, assisting you in effectively showcasing your property by utilizing proven home staging techniques.  Ms. Toliver is also the S.C. Chapter President of Real Estate Staging Association, commonly known as RESA.  Marci offers home staging services to homeowners and Realtors® in  the Upstate area .

            Please call Marci at 864.275.2112 to schedule your home staging appointment today!