According to a story released today on
cnn.com the number of foreclosures continue to be up significantly vs last year.
Some states with the worst levels of foreclosure include:
- Nevada (1 in 70 houses in foreclosure)
- Arizona (1 in 147 houses in foreclosure)
- California (1 in 165 houses in foreclosure)
- Florida (1 in 188 houses in foreclosure)
Things in South Carolina got significantly worse compared to last year---
As South Carolina's unemployment rate jumped to double-digits, foreclosure filings jumped 254%---and now foreclosures represent 1 in every 818 South Carolina homes.
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