Foreclosures In N.C. Outpace Nation

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More North Carolinians are being forced to foreclose on their homes. There's proof that the mortgage crisis is hitting the Tarheel State in the latest data from RealtyTrac, a firm that tracks foreclosures. In October, there was one foreclosure for every 979 homes. There was a 19% jump in foreclosures in North Carolina from September to October. Nationwide, the jump was 2%. The worst foreclosure rates though were in Nevada, California, Florida and Ohio.

There were more than 224,000 foreclosure filings reported nationwide in October, a 94-percent increase from October 2006, and up two
percent from September.

For a state-by-state breakdown, viist RealtyTrac.

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