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S.C. foreclosures up 9% from December, according to report from RealtyTrac

Real Estate - Residential
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By Ashley Heffernan
aheffernan@scbiznews.com
Published Feb. 23, 2016

Nationally, the foreclosure rate was trending downward in January, hitting the lowest level since June 2006. But foreclosures were on the rise in South Carolina, according to a report from real estate data company RealtyTrac.

In January, 1,805 S.C. properties had foreclosure filings, up 9% from December and up almost 2% from January 2015.

Across the United States, 95,186 properties had foreclosure filings in January, a drop of about 8% from December and down nearly 11% from January 2015, the report said.

Lenders completed foreclosures on 522 S.C. properties last month, 266 more than the foreclosures finished in January 2015 — almost double. Across the Palmetto State, 604 notices of foreclosure sale were filed and 679 pending foreclosure suits were filed in January, RealtyTrac said.

New Jersey had the country’s highest foreclosure rate with 6,059 filings in January. It was followed by Nevada, Maryland, Florida and Delaware. South Carolina ranked No. 9 in the United States, the report said.

Foreclosure filings in S.C. counties


County

Abbeville

Aiken

Allendale

Anderson

Bamberg

Barnwell

Beaufort

Berkeley

Calhoun

Charleston

Cherokee

Chester

Chesterfield

Clarendon

Colleton

Darlington

Dillon

Dorchester

Edgefield

Fairfield

Florence

Georgetown

Greenville

Greenwood

Hampton

Horry

Jasper

Kershaw

Lancaster

Laurens

Lee

Lexington

Marion

Marlboro

McCormick

Newberry

Oconee

Orangeburg

Pickens

Richland

Saluda

Spartanburg

Sumter

Union

Williamsburg

York

1 in every X housing
units in foreclosure

6,016

1,200

0

1,025

7,659

2,086

1,183

920

7,308

1,928

1,713

1,828

2,674

2,491

3,956

3,027

2,730

1,063

1,763

1,166

1,900

3,758

682

1,109

9,079

1,603

1,511

841

2,199

1,612

2,576

862

3,718

0

2,730

299

1,341

1,512

1,356

1,141

4,632

1,143

1,292

1,759

2,545

797

Foreclosures
in January

2

61

0

83

1

5

79

82

1

90

14

8

8

7

5

10

5

53

6

10

31

9

290

28

1

118

7

33

15

19

3

135

4

0

2

60

29

28

38

144

2

108

36

8

6

121

% change
from Dec. 2015

-71.43

-10.29

0.00

22.06

0.00

400.00

3.95

-24.07

-50.00

-10.89

-6.67

-27.27

166.67

16.67

-28.57

-50.00

0.00

-49.04

50.00

-52.38

-3.13

12.50

139.67

366.67

-75.00

122.64

0.00

10.00

-37.50

111.11

0.00

4.65

100.00

-100.00

0.00

1,900.00

20.83

40.00

-19.15

-28.36

-77.78

0.93

12.50

0.00

0.00

-16.55

% change
from Jan. 2015

-33.33

-12.86

0.00

9.21

-80.00

66.67

8.22

12.33

-75.00

-26.23

27.27

-52.94

-11.11

16.67

-61.54

0.00

66.67

-51.82

-53.85

25.00

-18.42

-50.00

31.82

7.69

-90.00

-22.37

75.00

10.00

-21.05

35.71

0.00

-7.53

-55.56

0.00

100.00

445.45

107.14

-6.67

-37.70

56.52

0.00

4.85

5.88

166.67

20.00

19.80

Source: RealtyTrac

Reach staff writer Ashley Heffernan at 843-849-3144 or @AshleyBHeff on Twitter.

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