PrintPrintFor the third quarter of 2009, data show that foreclosures in the Charleston-North Charleston MSA dropped 0.06% from the previous quarter of 2009 and were up 11.1% from the third quarter of 2008. But less than 1% of homes in the all major metropolitan statistical areas of South Carolina had foreclosure filings, and the state numbers came in at less than the national average of 0.73%.
Staff Report
Published Oct. 28, 2009
The Charleston metro region ranked 69th out of 203 major metropolitan areas in the United States for highest percentage of foreclosures, according to data released this morning from a national real estate tracking firm.
For the third quarter of 2009, RealtyTrac.com showed that foreclosures in the Charleston-North Charleston MSA had dropped 0.06% from the previous quarter of 2009 and were up 11.1% from the third quarter of 2008.
But RealtyTrac said that less than 1% of homes in the Charleston metropolitan statistical area had foreclosure filings, at 0.6%, less than the national average of 0.73%.
More than 5% of the homes in Las Vegas-Paradise MSA in Nevada — the state with the most foreclosure activity in the third quarter — were in distress, the data show. The Utica-Rome MSA in New York ranked the lowest nationally with 0.02% of homes in distress.
Q3 foreclosures in S.C. metropolitan statistical areas
| MSA | % of homes | National rank |
| Charleston-North Charleston | 0.60% | 69th |
| Charlotte-Gastonia, N.C. | 0.60% | 71st |
| Greenville-Mauldin-Easley | 0.53% | 84th |
| Columbia | 0.45% | 97th |
| Myrtle Beach-Conway | 0.42% | 109th |
| Augusta, Ga.-Aiken | 0.37% | 127th |
| Spartanburg | 0.16% | 172nd |
Source: RealtyTrac.com
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