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» VISIT US ONLINE @ DSNEWS.COM 89 South Carolina Dustin Johns, Broker Resource Realty Group 1224 Huger Street, Columbia SC 29201 803.513.4247 cell 803.758.4444 offi ce 888.437.0486 fax dustin@dustinjohns.com www.GoogleREO.com South Carolina RANK: 19 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate APRIL 2014 2.42% 2.03% 5.3 YEAR AGO 2.36% 3.39% 7.9 YEAR-OVER-YEAR CHANGE 2.8% -40.0% -2.6 Top County DILLON COUNTY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2014 5.62% 4.90% YEAR AGO 3.62% 4.90% YEAR-OVER-YEAR CHANGE 55.5% -0.0% Top Core-Based Statistical Area DILLON, SC 90+ Day Foreclosure Delinquency Rate Rate APRIL 2014 5.62% 4.90% YEAR AGO 3.62% 4.90% YEAR-OVER-YEAR CHANGE 55.5% -0.0% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the April 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary April 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. in the four months following the tornado but are pulling back as the area experiences recovery. Foreclosure filings were reported on 898 properties in Oklahoma City in the first four months of 2014, a decrease of 19 percent compared to the first four months of last year prior to the tornado. "e decrease of overall foreclosure activity in Oklahoma City is economically driven by the growth and expansion of the city since the tornado hit," said Sheldon Detrick, CEO of Prudential Detrick/Alli- ance Realty, covering the Oklahoma City and Tulsa markets. "Unemployment is down resembling pre-recession levels, and Boeing just completed its move into Oklahoma City, which has helped elevate the economy in the city and its surrounding communities." "A year after the Moore tornado devas- tated the southern part of Oklahoma City, we are starting to exceed pre-recession levels in all categories of the market," Detrick added. Underwater homes are also declining— out of all the properties with loans, 14 percent are equity rich, while 10 percent are consid- ered seriously underwater. As of the first quarter of 2014, 11 percent of the 1,267 properties in the foreclosure process in Oklahoma City had been vacated by the owner, compared to the national average of 21 percent. "Vacant foreclosures pose a threat to the housing market in Oklahoma City, because neither the distressed homeowner or the foreclosing lender are taking respon- sibility for maintenance and upkeep of the home—or at the very least facilitating a sale to a new homeowner more likely to perform needed upkeep and maintenance," said Daren Blomquist, VP at RealtyTrac. "ese proper- ties drag down home values in the surround- ing neighborhood and contribute to a climate of uncertainty." e median home price for residential properties in Oklahoma City in March was $119,250, down 1 percent. March marked the sixth consecutive month where Oklahoma City median home prices decreased on a year- over-year basis. Tennessee RANK: 37 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate APRIL 2014 3.26% 0.92% 6.3 YEAR AGO 3.46% 1.35% 8.3 YEAR-OVER-YEAR CHANGE -5.6% -31.7% -2 Top County HARDIN COUNTY 90+ Day Foreclosure Delinquency Rate Rate APRIL 2014 2.53% 2.61% YEAR AGO 3.76% 1.28% YEAR-OVER-YEAR CHANGE -32.6% 104.9% Top Core-Based Statistical Area MCMINNVILLE, TN 90+ Day Foreclosure Delinquency Rate Rate APRIL 2014 3.59% 1.74% YEAR AGO 4.97% 2.09% YEAR-OVER-YEAR CHANGE -27.8% -16.8% note: The 90+ day delinquecy rate is the percentage of outstanding mortgage loans that are seriously delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the April 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary April 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Tennessee All Stars Realty 2857 Shelby Street, Bartlett, TN 38134 901-674-7653 cell 901-387-1199 offi ce 901-432-5445 fax ritadriver1@gmail.com www.driverteam.net Rita Driver President – Principal Broker Foreclosure completions in May 2014 declined by 20.94 percent from May 2013, according to RealtyTrac. KNOW THIS Total South Carolina properties with negative equity in Q1 2014 Source: CoreLogic Negative Equity Report STAT INSIGHT 66,556 Total homes for sale in April, 2014 Source: Zillow Real Estate Research STAT INSIGHT 45,369