For those who like meaningful numbers, “Owners of some 3,570 properties” in Raleigh-Cary have gotten “some sort of foreclosure notification”
Still not good, I guess, but it may provide some perspective.
Total population of Wake county that encompasses Raleigh and Cary is 786,522 estimated in 2006. I estimate the total number of single family homes to be approx. 280,000.