Charleston County foreclosure numbers top the state

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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.