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Wake County Hosts Housing Fair

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The economic crunch seems to be forcing more people into foreclosure.

In October, 3,214 homes were foreclosed and 349 of those were in Wake County. Statewide, foreclosures are up 30 percent and homeowners like Mildred G. Wyche are taking a stand.


"The economy is getting kind of rough now and I want to make sure I have the right interest for my home," Wyche said.

Wyche said times are tough and getting or keeping a home is difficult.


"We don't want to be another statistic in foreclosure, losing our home when we can come to the fair," Wyche said.


Wake County Human Services is stepping in to assure renters, homeowners and future homeowners making a yearly income of $48,000 or less are on the right path. Wake County hosted a housing fair at the Eastern Regional Center bringing in experts to inform citizens about loans, credit and employment needed to rent or purchase a home.

"Wake County Human Services recognizes housing is one of the mainstays for a person to become productive citizens," Denning said.

Representatives from Wake County say the housing fair is preventive measure to educate citizens about how not to get into bad situations like foreclosure or debt.

Lorraine Bailey said homeowners must be informed to stay afloat.

"I'm a single parent and I'm trying to find a program that fits my needs," Bailey said.

Valerie Sumner and Courtney Cady just had a new baby named Tylor. They said that a home of their own would complete their family.

"I'm tired of renting. I just want something to call my own,"  Sumner said.

More than 200 people attended the event and many of the participants say they are just trying to make ends meet while still providing decent housing for their family.

If you would like more information or advice about housing call 919-212-9700 or click here.


 


 

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View More: Business_Finance, Courtney Cady, Eastern Regional Center, Lorraine Bailey, Mildred G. Wyche, Usd, Valerie Sumner, Wake County
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