Business & Tech

Foreclosure Rate Drops in October

Realtytrac finds 2 percent dip in foreclosures in the state.

Realtytrac has found a 2 percent decrease in foreclosures across the Palmetto state, Charleston Regional Business Journal reported.

Data shows that one out of every 601 homes in the state are in some form of foreclosure. Dorchester County had more homes in foreclosure in the tri-county area with one in 450 homes in foreclosure. Charleston County has the least with only one in 876 homes in foreclosure. Berkeley County had one in 456 homes in foreclosure.

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