October 2012 Foreclosure update

Realtytrac has just released the new data for October 2012.

Nationally 1 in every 706 housing units received a foreclosure filing in October 2012.




In South Carolina 1 in every 601 housing units received a foreclosure filing in October 2012.




In Horry County 1 in every 800 housing units received a foreclosure filing in October 2012.


Myrtle Beach had the most filings with 115, followed by Conway with 37.



The Area with the most in Myrtle Beach - was the zip code 29579 with 42.



The numbers are all decreasing slowly. This is great news!!!! There has been a general easing of foreclosures and short sales, meaning distressed listings are dragging prices down less than in recent years.

Sue Lucas, Broker
Re/Max Southern Shores
sl1586@sccoast.net




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