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Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide.
“Even though foreclosures are spiking, it’s not the big deal everyone is making it out to be. We are just reaching a more normal level of foreclosure filings,” said Brian Wittman, owner/CEO ...
Horry County has fewer foreclosures than statewide. Here’s why. According to ATTOM’s data, Horry County’s total foreclosure filings were 24, as of April 16, 2024..
By Brendon DeSimone For years, many buyers routinely steered clear of foreclosures and short sales. In their minds, such properties were "damaged goods" -- real estate remainders that were likely ...
That's down from 21% in the third quarter of 2013, and the 2012 peak of 31%." Foreclosures as of October 2014 were down 26% from the prior year, at 41,000 completed foreclosures. That was 65% below the peak in September 2010 (roughly 117,000), but still above the pre-crisis (2000–2006) average of 21,000 per month. [351]
Prices are flat, home sales fall, resulting in inventory buildup. U.S. Home Construction Index is down over 40% as of mid-August 2006 compared to a year earlier. A total of 1,259,118 foreclosures were filed during the year, up 42 percent from 2005. [51]