In Wake County, in the third quarter of 2019, there were 398 foreclosures, compared to 70 foreclosures in Wake County in the same period in 2021. Of those, 98 were in Raleigh-Cary.
>>> WORK SHOULD BE WRAPPED UP BY FIVE IN THE AFTERNOON DETOURS ARE POSTED. WE ARE GETTING A BETTER IDEA OF HOW MUCH PROGRAMS DESIGNED FOR HOMEOWNERS ACTUALLY HELP DURING A PANDEMIC. >> A NEW REPORT SHOWS FORECLOSURES ARE SURGING THE ASSISTANCE IS COMING TO AN END. WE HAVE DETAILS ON WHY THE CONTEXT AND THE DATA IS PULLED. >> ABOUT 108,000 CAROLINIANS ARE BEHIND ON THEIR MORTGAGE PAYMENT ACCORDING TO THE COVEN — COVID IMPACT SURVEY. >> THERE IS MONEY GOING OUT BUT LITTLE MONEY COMING IN. >> FREELANCE PHOTOGRAPHER IS MOSTLY CONTRACT OUT FOR LARGE EVENTS LIKE CONFERENCES AND WEDDINGS. NOBODY IS GOING TO HIRE ME TO SIT IN FRONT OF THE COMPUTER SCREEN AND TAKE PICTURES. >> HAS BEEN FEARING THE WORST THAT HIS HOUSE WILL GO INTO FORECLOSURE. >> MUCH HIGHER THAN THE NATIONAL AVERAGE WHICH IS 34% AND EXECUTIVE FIVE PRESIDENT WITH THE COMPANY SAYS THERE IS A SILVER LINING IN THE DATA ABOUT. WHILE THE PERCENTAGE IS HIGHER, THE ACTUAL NUMBER OF FORECLOSURES IS MUCH LOWER. THIS HIGHLIGHTS HOW HELPFUL FEDERAL FUNDING HAS BEEN FOR PEOPLE ACROSS THE COUNTRY. >> HE IS CONCERNED ANY FURTHER FEDERAL ASSISTANCE WILL COME TOO LATE. >> I COULD BE LIVING OUT IN THE STREET HOMELESS BY THEN. I WOULD REALLY RATHER THAT NOT HAPPEN. >> YOU CAN SEE THE FINDINGS FROM THE LAST QUARTER AND SEE
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