Quantcast

Foreclosures hit lowest levels since Dec. 2006 - Live5News.com | Charleston, SC | News, Weather, Sports

Foreclosures hit lowest levels since Dec. 2006

People are becoming more financial stable and keeping their homes, according to recent numbers. (Source: FILE/CNN) People are becoming more financial stable and keeping their homes, according to recent numbers. (Source: FILE/CNN)

(CNN) – The longest national foreclosure nightmare seems to be nearing its end.

Recent numbers from estate website Reality Trac Inc. show foreclosure filings hitting their lowest level since before the housing bust.

Lenders initiated the foreclosure process on just over 57,000 homes last month, the lowest level for any month in seven and a half years.

Reality Trac's vice president says foreclosure filings have plunged so fast, the housing market could be back to pre-mortgage meltdown levels before the end of the year.

Copyright 2013 CNN. All rights reserved.

  • NEWS LocalNEWSMore>>

  • Breaking

    FIRST ALERT WEATHER: Heavy rain, flooding possible Monday

    FIRST ALERT WEATHER: Heavy rain, flooding possible Monday

    Sunday, April 22 2018 11:05 PM EDT2018-04-23 03:05:02 GMT
    Heavy rain is possible along with flooding during high tide Monday afternoon. (Source: Live 5)Heavy rain is possible along with flooding during high tide Monday afternoon. (Source: Live 5)
    Heavy rain is possible along with flooding during high tide Monday afternoon. (Source: Live 5)Heavy rain is possible along with flooding during high tide Monday afternoon. (Source: Live 5)

    The Live 5 Weather team is declaring Monday a FIRST ALERT WEATHER DAY because of the potential of heavy rain and potential isolated flooding. 

    More >>

    The Live 5 Weather team is declaring Monday a FIRST ALERT WEATHER DAY because of the potential of heavy rain and potential isolated flooding. 

    More >>
  • Berkeley Co. deputies arrest 3, recover stolen property from alleged 'chop shop'

    Berkeley Co. deputies arrest 3, recover stolen property from alleged 'chop shop'

    Sunday, April 22 2018 11:57 PM EDT2018-04-23 03:57:08 GMT
    Deputies found vehicles, a tractor, a motorcycle, bushes, fireworks and several utility trailers. (Source: Berkeley Co. Sheriff's Office)Deputies found vehicles, a tractor, a motorcycle, bushes, fireworks and several utility trailers. (Source: Berkeley Co. Sheriff's Office)
    Deputies found vehicles, a tractor, a motorcycle, bushes, fireworks and several utility trailers. (Source: Berkeley Co. Sheriff's Office)Deputies found vehicles, a tractor, a motorcycle, bushes, fireworks and several utility trailers. (Source: Berkeley Co. Sheriff's Office)

    Deputies investigating a report of stolen property in the Windwood area Friday arrested three people they say were operating a chop shop.

    More >>

    Deputies investigating a report of stolen property in the Windwood area Friday arrested three people they say were operating a chop shop.

    More >>
  • SC coach: Firing came after whistle blowing about grades

    SC coach: Firing came after whistle blowing about grades

    Sunday, April 22 2018 9:39 PM EDT2018-04-23 01:39:41 GMT
    A basketball coach is suing the Williamsburg County School District claiming he was wrongly fired. (Source: AP)A basketball coach is suing the Williamsburg County School District claiming he was wrongly fired. (Source: AP)
    A basketball coach is suing the Williamsburg County School District claiming he was wrongly fired. (Source: AP)A basketball coach is suing the Williamsburg County School District claiming he was wrongly fired. (Source: AP)

    A basketball coach is suing a South Carolina school district, saying he was fired because he blew the whistle on issues such as grade-changing and covering up sexual harassment.

    More >>

    A basketball coach is suing a South Carolina school district, saying he was fired because he blew the whistle on issues such as grade-changing and covering up sexual harassment.

    More >>
Powered by Frankly