NC Home Foreclosures Drop 38%…..Really?

According to the Business Journal article linked below, foreclosure filing rates in NC are down 38% compared to one year ago.  The question is, as the article mentions, whether these numbers are skewed because of continued bank delays in processing foreclosure documents.  I tend to think that’s the case.  Our Clients have indicated there is still plenty more on the way.  Make sure you are registered on the Source Feed to recieve emails on all new bank-owned inventory from our office:  www.sourceforeclosures.com/user/register   

http://www.bizjournals.com/triangle/news/2011/06/16/north-carolina-home-foreclosures-drop.html

 

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