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Foreclosures up 32 percent in August in North Carolina
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Published: September 12, 2008
Updated:
The number of foreclosure filings reported in North Carolina in August rose 32 percent to 4,600, compared with August 2007, RealtyTrac Inc. said in a report to be released today. The number of filings was up 6.9 percent compared with July.
There were 506 foreclosure filings in the Winston-Salem metropolitan statistical area during August, up from 270 in July and up from 185 in August 2007. The Winston-Salem MSA consists of Davie, Forsyth, Stokes and Yadkin counties. Forsyth accounted for 455 of the foreclosure filings, nearly triple the amount from a year ago.
By comparison, there were 1,172 foreclosure filings in the Charlotte-Gastonia-Salisbury MSA (down 17 percent from August 2007), 537 in the Greensboro-High Point MSA (up 459 percent) and 550 in the Raleigh-Cary MSA (up 27 percent).
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