Foreclosures In NC: Here’s How Filings Changed Since 2018

NORTH CAROLINA — Foreclosures reached a new low in the United States, dropping to levels below the pre-recession average, indicating that the housing market and the economy in general remain strong, according to a new report from ATTOM Data Solutions.

While foreclosure filings decreased overall in the third quarter of 2019— down 6 percent from the previous quarter and down 19 percent year-over-year — some states saw increases. In North Carolina, there were 5,432 properties with foreclosure filings during the third quarter of 2019. Compared to the previous quarter, filings were up less than 1 percent in North Carolina, but overall down 6 percent compared to this period last year.

The foreclosure filings included in the report represent both residential and commercial properties.

Overall, there were 143,105 properties in the United States with foreclosure filings. Delaware, New Jersey, Maryland, Illinois and Florida had the highest foreclosure rates during the third quarter for 2019.

ATTOM Data compiles its report through local real estate data.

Read the full report here.