The number of foreclosed homes in South Carolina decreased in a 12-month spand ending in April, but the tally was higher than the national average, according to a new report released today.
Real estate information firm CoreLogic reported that 3 percent of mortgages loans were in foreclosure in The Palmetto State, down 0.7 percent compared to April 2012.
The state is outpacing the nation’s 2.8 average.
Nationally, there were about 1.1 million homes in some stage of foreclosure in April, down 2 percent from March and 24 percent fewer than April 2012.
Corelogic reported there were 52,000 completed foreclosures in the U.S. in April 2013, down from 62,000 in April 2012, a year-over-year decrease of 16 percent.
Today’s report comes just days after CoreLogic reported the Charleston area’s foreclosure rate fell 19 percent in March from last year.
The rate for Charleston, North Charleston and Summerville was 3.28 percent of outstanding mortgages. That’s down from 4.05 percent for March 2012.
The Charleston region’s April foreclosure data was not immediately available.