South Carolina’s foreclosure activity is improving, with 2,697 foreclosures filed in July—a 32.4% drop from one year ago. Per the Greenville News in S. Carolina:

July marked the fourth consecutive month that the Greenville-Mauldin-Easley metro area has experienced year-over-year decreases in foreclosures, according to Daren Blomquist, vice -president at RealtyTrac, an online marketplace for housing data.

Rising home prices, a low unemployment rate, a decline in the percentage of homeowners underwater, and an increase in home sales made by institutional investors and cash purchases all helped the Greenville area rank No. 11 — and Spartanburg No. 19 — among RealtyTrac’s first list of top 20 U.S. markets leading the housing recovery.

Most Popular Articles

FHA loan limits increasing for almost all of U.S. in 2020

Thanks to increases in home prices in 2019, the Federal Housing Administration loan limit will increase for nearly all of the country in 2020.

Dec 05, 2019 By

Latest Articles

HousingWire is growing. Come join us

2019 has been a year of tremendous audience and product growth for HousingWire and we couldn’t be prouder. But we’re not ready to rest on our laurels. Far from it. In fact, 2020 promises to be an even bigger year for HousingWire.

Dec 06, 2019 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please