Foreclosures In N.C. Outpace Nation

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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