foreclosures

U.S. rents inched their way closer to record highs in May. Foreclosure filings crept up too. But even as Charlotte metro rents rise, they're not nearing records. Meanwhile, South Carolina escaped May without being a top-5 state for foreclosure filings.

South Carolina's foreclosure filing rates ballooned between January and the previous January. The trend was bolstered by the two highest foreclosure rates among U.S. cities of 200,000-plus.

U.S. foreclosure rates are nearing pre-Covid levels, according to a new report by real estate industry tracker ATTOM. South Carolina has one of the highest foreclosure rates nationally — and two cities with twice the U.S. average foreclosure rate so far this year.