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

About Webmaster
Mountain Xpress Webmaster Follow me @MXWebTeam

Leave a Reply

To leave a reply you may Login with your Mountain Xpress account, connect socially or enter your name and e-mail. Your e-mail address will not be published. All fields are required.