South Carolina is America’s foreclosure hotspot as it recorded the highest rate of filings relative to the size of its housing market in August

South Carolina is America’s foreclosure hotspot – dethroning Florida – as it recorded the highest rate of filings relative to the size of its housing market in the month of August.

The state had one for every 1,547 housing units, according to data from real estate analytics firm ATTOM.

That put South Carolina ahead of Nevada, where the rate was one in every 1,920 housing units, Florida at one in every 2,397, Texas at one in every 2,445 and Maryland at one in every 2,530.

Florida has already been a major foreclosure trouble spot this year, with ATTOM data showing the state led the nation in foreclosure activity during the first half of 2026, with a 21 percent jump compared to a year prior.

But South Carolina has now emerged as the hotspot, with three of its metropolitan areas ranking among the five worst nationwide.

The state’s capital, Columbia, had the highest foreclosure rate among metropolitan areas with populations of at least 200,000, with one filing for every 1,232 housing units. The metro has roughly 849,000 residents and 378,275 housing units.

Spartanburg ranked third nationally, with one filing for every 1,262 housing units, while Charleston-North Charleston ranked fifth at one in every 1,501.

South Carolina moving ahead of Florida in foreclosures per housing unit is notable because it suggests distress is becoming more concentrated in markets that have not traditionally dominated the national foreclosure conversation, according to Ben Mizes, president of Clever Real Estate and a licensed real estate agent.

https://www.dailymail.com/yourmoney/article-16136553/florida-south-carolina-foreclosure-map.html