February 20, 2009

Charleston County foreclosure numbers top the state

“This plan will not save every home, but it will give millions of families resigned to financial ruin a chance to rebuild. It will prevent the worst consequences of this crisis from wreaking even greater havoc on the economy. And by bringing down the foreclosure rate, it will help to shore up housing prices for everyone.” – Pres. Obama.

LOWCOUNTRY JAN. ’09 DEC. ’08
Charleston 515 142
Dorchester 165 129
Berkeley 177 107
MIDLANDS JAN. ’09 DEC. ’08
Richland 121 65
Lexington 25 34
Kershaw 24 28
Fairfield 19 3
Newberry 12 14
UPSTATE JAN. ’09 DEC. ’08
Greenville 394 590
Spartanburg 54 66
Anderson 34 36

As bad as we did here, at least Charleston County didn’t do as bad as Greenville County did Upstate for two months in a row – small consolation for all the homeowners in trouble right now, but with President Obama’s foreclosure plan coming online to help many homeowners, many banks have started to cease foreclosures until a concrete plan can be put into action across the country.

S.C. properties with foreclosure filings in Jan. '09



What do you think about that?






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