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Mecklenburg foreclosure activity up 0.4 percent

Mecklenburg County foreclosure filings in September were up by less than 1 percent from September 2009, Irvine, Calif.-based RealtyTrac reported today.

The county had 999 foreclosure filings in September, up 0.4 percent from 995 filings September of last year.

Last month, Mecklenburg County reported 14 default notices, 623 foreclosure auctions and 362 bank repossessions, compared with 27 default notices, 657 foreclosure auctions and 311 bank repossessions in September 2009.

North Carolina ranked 33rd in foreclosure filings last month, with a nearly 12 percent decrease from August but more than a 14 percent increase from September 2009.  The state had 4,269 properties with foreclosure filings in September, for one in every 984 housing units.

Meanwhile, South Carolina ranked 15th with a 19 percent increase from August 2010 and a 25 percent increase from September 2009.

Foreclosure filings were reported on 347,420 U.S. properties in September, an increase of nearly 3 percent from the previous month and an increase of 1 percent from September 2009. A record 102,134 U.S. bank repossessions were reported in September, the first time bank repossessions have surpassed the 100,000 mark in a single month.

There were foreclosure filings reported on 930,437 properties in the third quarter of 2010, a nearly 4 percent increase from the previous quarter but a 1 percent decrease from the third quarter of 2009. One in every 139 U.S. housing units received a foreclosure filing during the quarter.

As it has for the past 15 quarters, Nevada continued to have the nation’s highest state foreclosure rate in the third quarter of 2010 despite a year-over-year decline in foreclosure activity. One in every 29 Nevada housing units received a foreclosure filing during the quarter, almost five times the national average. Nevada foreclosure activity increased nearly 1 percent from the previous quarter but was down nearly 20 percent from the third quarter of 2009.

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