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S.C. foreclosure filings in Q1 down 12% from 2016

Real Estate - Residential
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In South Carolina, 5,431 homes were in some stage of the foreclosure process during the first quarter, ending March 31, equating to one in every 400 homes, according to a report from Attom Data Solutions.

Nearly 5,500 homes in the state were in some stage of foreclosure in the first quarter, ended March 31, according to Attom Data Solutions. (Photo/File)The state’s foreclosure total in the first quarter was down about 5% from the fourth quarter of 2016 and down nearly 12% from the first quarter of 2016, according to the report.

Foreclosure filings were reported on 234,508 properties across the United States during the first quarter. That is down 19% from a year ago to the lowest level since 2006, the report said.

Foreclosure filings include default notices, scheduled auctions and bank repossessions.

“U.S. foreclosure activity on a quarterly basis first dipped below pre-recession averages in the fourth quarter of last year, and this report shows that trend continuing for the second consecutive quarter,” Daren Blomquist, senior vice president with Attom Data Solutions, said in the report. “The number of local markets dropping below pre-recession levels continues to grow, up from 78 a year ago to 102 in this report.”

Foreclosure data for S.C. counties in Q1 2017

 
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

Total
foreclosures

13

205

5

267

10

25

195

207

6

322

49

32

23

25

46

54

13

246

20

18

117

41

598

82

5

314

15

123

44

42

11

446

18

2

6

39

56

102

113

686

9

365

139

22

12

243

1 in every X housing
units in foreclosure

924

359

890

319

765

416

481

370

1,219

545

490

458

927

696

429

560

1,048

232

530

648

504

828

333

379

1,812

609

715

227

761

729

700

263

824

5,992

909

460

697

414

458

242

1,030

340

336

639

1,268

403

% change
from Q1 2016

8.33%

-14.94%

400.00%

9.43%

0.00%

92.31%

-24.71%

-35.91%

0.00%

-2.72%

25.64%

33.33%

0.00%

13.64%

31.43%

31.71%

-50.00%

-1.99%

-9.09%

-30.77%

-12.69%

-18.00%

-13.71%

-15.46%

-28.57%

-8.72%

-25.00%

19.42%

-21.43%

-19.23%

-35.29%

-7.08%

-10.00%

100.00%

20.00%

-50.00%

-16.42%

-0.97%

-30.67%

-12.72%

-18.18%

-2.14%

-16.77%

-12.00%

-40.00%

-26.59%

Source: Attom Data Solutions

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