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http://money.cnn.com/galleries/2011/real_estate/1102/gallery.latest_foreclosure_hotspots/index.html

In Spartanburg, South Carolina, there is a fast growing rate of foreclosures, says CNN. they said that there are two main reasons for one in every 60 houses foreclosing. One reason is that a lot of people are losing jobs, in addition to the insufficient and questionable means to pay mortgages. Spartanburg has the fastest growing foreclosure rate in the country. When people started losing their jobs, a BMW plant made its way to their city and created many jobs for society. This seemed to help a decent amount since from 2009 to 2010, the unemployment rate dropped from 12.7% to 10.9%.