Foreclosure Rates in North Carolina

North Carolina foreclosure filings are down 34% compared to this time last year. Many counties throughout the state reported only one or two foreclosures for 2011. Understandably, the more populated areas have a much higher rate. For example, Wake County had 323 foreclosed properties in 2011. That is still well below the national average. With interest rates and prices so low, now is the time for anyone who has a bit of money socked away to invest it in real estate.

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