Between 1998 and 2012, home and business foreclosures in Western North Carolina increased by 89.4 percent — a rate more than 30 percent higher than the statewide increase of 53.8 percent for the same time period. Based on percent increase, Swain and Jackson counties were hardest hit, as foreclosures nearly quadrupled during those four years. Yancey County fares the best among the 18 westernmost counties, with a 24 percent rate of increase.
— Carolina Public Press26
Stephanie Guinan is a freelance writer for Carolina Public Press
Carolina Public Press