September 2012 Foreclosure update

The September Foreclosure numbers are in (

Judicial states buck national trend
third quarter foreclosure activity increased on a year-over-year basis in 14 out of the 26 states with a primarily judicial foreclosure process, including New Jersey (130 percent increase), New York (53 percent increase), Indiana (36 percent increase), Pennsylvania (35 percent increase), Connecticut (34 percent increase), Illinois (31 percent increase), Maryland (28 percent increase), South Carolina (16 percent increase), North Carolina (14 percent increase), and Florida (14 percent increase).

In South Carolina 1 in every 603 housing units received a foreclosure filing in September 2012.

In Horry County 1 in every 509 housing units received a forelcosure filing in September 2012.

Myrtle Beach saw the most filings with 211
Conway filed 42
Murrells Inlet 36

Foreclosures continue to be a main part of our inventory and great time to purchase that home at the beach!!!


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