Since foreclosure activity is impacting real estate markets – and dominating news coverage – it’s helpful to look at the specific statistics for our immediate area. (Plus, it gives me something to do while I wait for clients to come back from the Witness Relocation Program or their undercover overseas missions or out from under their beds – not that I blame them for hiding out there!)
To that end, here’s some more data about new foreclosures that have come on the market in Greensboro. I’ve drilled down to information by zip code, property type, weekly historical data as well as the current status of foreclosures that have come on the market.
The news ain’t pretty, but the charts are colorful.
Here are the goods:
For Greensboro’s foreclosure listings during 12/1/08 – 12/7/08*:
Total new foreclosures listed: 21
- single-family: 21
- townhouses: 0
- condos: 0
by Greensboro zip code:
- 27401: 3
- 27403: 1
- 27405: 5
- 27406: 8
- 27407: 2
- 27408: 1
- 27409:
- 27410: 1
- 27455:
Last 12 week period:
As you can see, listings increased in the last week. *sigh*
And finally, what’s the status of foreclosures that come on the market over this 12 week period?
Total foreclosures listed since 9/15/08: 169
- Active: 112 (66%)
- Pending: 34 (20%)
- Closed: 23 (14%)
Status of Foreclosures Listed Since 9/15/08 in Greensboro
And of those they break down by property type:
- Single-Family: 136 (82%)
- Townhouses: 18 (11%)
- Condos: 13 ( 8%)
Foreclosures Listed by Property Type (9/15/08 - 12/7/08)
* All data from Triad Multiple Listing Service (MLS)
If you have questions, comments or a good joke to share shoot me an email. I’m a full time Realtor®, I love what I do and would be thrilled to hear from you.
