SC’s foreclosure rate one of highest in US. Here’s how it has affected Myrtle Beach area

The lawsuit claims the City of Baltimore’s property tax sale auction unconstitutionally strips equity from a historically Black community’s homes and businesses.

“I don’t (understand) — why evict me if I can afford to stay,” said Eugenia Kalogeras, a Palmer homeowner whose house is being foreclosed on.

Thanks to huge increases in values, with home sellers making double or triple what they paid, more sales are triggering the capital gains tax.