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Housing's Golden Investment or Fairy Tale?

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88 STATE OF AFFAIRS: SOUTH ยป Mississippi RANK: 22 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MAY 2014 5.29% 1.64% 7.9% YEAR AGO 5.05% 2.42% 8.7% YEAR-OVER-YEAR CHANGE 4.7% -32.4% -0.8% Top County TUNICA COUNTY 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 9.88% 3.77% YEAR AGO 12.70% 2.00% YEAR-OVER-YEAR CHANGE -22.2% 88.1% Top Core-Based Statistical Area NATCHEZ, MS-LA 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 5.05% 2.84% YEAR AGO 4.40% 3.51% YEAR-OVER-YEAR CHANGE 14.9% -19.1% 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 May 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary May 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. North Carolina Jennifer Harris, Broker Re/Max One Realty 100 Lynn Road, Raleigh, NC 27609 919-931-0313 cell 919-232-9251 offi ce jennifersoldit@gmail.com www.RaleighBestHomeSearch.com North Carolina RANK: 34 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MAY 2014 2.41% 0.99% 6.4% YEAR AGO 2.56% 1.86% 8.3% YEAR-OVER-YEAR CHANGE -6.0% -46.9% -1.9% Top County BERTIE COUNTY 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 3.86% 3.53% YEAR AGO 2.79% 4.37% YEAR-OVER-YEAR CHANGE 38.5% -19.2% Top Core-Based Statistical Area HENDERSON, NC 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 7.52% 1.65% YEAR AGO 6.92% 2.70% YEAR-OVER-YEAR CHANGE 8.6% -38.9% 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 May 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary May 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. Oklahoma RANK: 16 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MAY 2014 2.01% 2.13% 4.5% YEAR AGO 1.94% 2.78% 5.5% YEAR-OVER-YEAR CHANGE 3.6% -23.3% -1.0% Top County ADAIR COUNTY 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 4.78% 6.06% YEAR AGO 4.11% 10.48% YEAR-OVER-YEAR CHANGE 16.3% -42.1% Top Core-Based Statistical Area TAHLEQUAH, OK 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 2.49% 4.51% YEAR AGO 1.76% 4.53% YEAR-OVER-YEAR CHANGE 41.7% -0.4% 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 May 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary May 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics. IN THE NEWS Freddie Mac to Help North Carolina Veterans Buy Homes Freddie Mac teamed with the Veterans Association of Real Estate Professionals and the Kingdom Community Development Corporation to hold the American Heroes Housing Fair and Open House June 21 in Fayetteville, North Carolina. e free event provided service mem- bers, veterans, and their families with free borrower counseling, house tours, and news about a closing cost incentive provided by Freddie Mac. e incentive is for homes that are a part of the HomeSteps program, Fred- die Mac's REO sales division. "e American Heroes Housing Fair and Open House is about fulfilling the Ameri- can Dream the men and women in our armed forces fight for every day. It is about training veterans and active-duty personnel to become successful homeowners in North Carolina," said Christina Diaz-Malone, VP of corporate relations and housing outreach at Freddie Mac. She continued, "Homeownership is Freddie Mac's mission. We are proud to work with the Veterans Association of Real Estate Professionals and the Kingdom CDC to make homeownership possible for today's military families." e housing fair and open house provided attendees with news about HomeSteps Buy-A-Home initiative that can provide up to 3 percent of seller-paid closing costs when buyers purchase a HomeSteps home. Active HomeSteps homes were also avail- able for tours, and CreditSmart, the financial literary program developed by Freddie Mac, offered borrower counseling and education. South Carolina RANK: 19 90+ Day Foreclosure Unemployment Delinquency Rate Rate Rate MAY 2014 2.36% 1.94% 5.3% YEAR AGO 2.26% 3.22% 7.8% YEAR-OVER-YEAR CHANGE 4.4% -39.7% -2.5% Top County DILLON COUNTY 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 5.21% 5.11% YEAR AGO 4.00% 4.20% YEAR-OVER-YEAR CHANGE 30.3% 21.6% Top Core-Based Statistical Area DILLON, SC 90+ Day Foreclosure Delinquency Rate Rate MAY 2014 5.21% 5.11% YEAR AGO 4.00% 4.20% YEAR-OVER-YEAR CHANGE 30.3% 21.6% 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 May 2014 foreclosure rate. All fi gures are rounded to the nearest decimal. The unemployment rate refl ects preliminary May 2014 fi gures released by the Bureau of Labor Statistics. All other data courtesy of LPS Data & Analytics.

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