Posted By Alan Donald @ Apr 7th 2011 12:56pm In: Foreclosures
DORCHESTER County Leads Foreclosure Rates in SC
RealtyTrac reports that Dorchester County has the dubious honor of leading the state in the percentage of homes in foreclosure proceedings, with one out of 397. By comparison, one out of 419 homes in Berkeley County and one out of 535 homes in Charleston County are in distress.Unfortunately this means that there may be more "shadow inventory" coming our way as lender-owned properties, placing downward pressure on home prices.
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