North Carolina Foreclosure Activity Is Down 15% in February

North Carolina reported 2,039 properties with foreclosure filings in February, a 15 percent decrease from the previous month, and 50 percent below the level reported for February 2008.

Here are the numbers for last month Nationally, in North Carolina and in Orange County, NC,

Foreclosure Trends : January, 2009

                   National      
    North Carolina    
     Orange CTY   

NODs
 46,681
        334
         1

NTSs
 80,986
        891
       19

NFSs
 27,520
           0
        0

LISs
 52,435
           0
        0

REOs
 66,777
     1,161
        0

Notice of Default (NOD), Auction / Notice of Trustee’s Sale (NTS), Notice (Judgment) of Foreclosure Sale (NFS), Lis Penden (LIS), Real Estate Owned (REO)