More good news…

North Carolina is looking more and more appealing. As a North Carolinian am I biased? Sure. But you can’t argue with these statistics RealtyTrac released today. North Carolina ranks 25^th in the country in foreclosures.

This can be seen several different ways since the population of NC grew between 2006 and 2007 2.2%. The good news is that it’s not like people are moving into the state and foreclosing. Nevada was the fastest growing state with a rate of 2.9% and also the #1 state in foreclosures. Something to think about.

I translate this into a situation where we are not only increasing our population but they are buying affordable housing and they haven’t overextended themselves.