Foreclosures in Greensboro (3/29/09)

The week that ended on 3/29/09 had 13* new foreclosure listings. This is the highest number since the week ending 3/1/09.

Twelve week trending, however, continues downward. And of all foreclosures listed since 9/8/08, only 30% are still available – the lowest percentage yet.

Interestingly, almost all of those new listings – 10 of the 13 – are located in 3 of the 9 Greensboro residential zip codes (27401 had 4, 27405 and 27407 have 3 each. And two zip codes, 27410 &and 27455, have had no new foreclosure listings in the last 3 weeks. As a matter of fact, 27455 hasn’t had a new foreclosure listed in the last 6 weeks. (All you readers living in that zip may want to take a moment to knock wood)

Indeed, nearly half of all foreclosures listed in Greensboro over the past 12 weeks have been in the 27405 and 27406 zip codes. Throw in 27407 and that accounts for fully 61% of the listings in that time frame.

When we begin to see numbers shrink in all zip codes we will truly know things are improving. Right now, things are better in many parts of town but remain challenging in others. And we want a tide rising sufficiently to raise all ships. In all zip codes.

As always, whether the news is good or bad, you’ll see it here.

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* All data from Triad Multiple Listing Service (MLS) and is only as good as the information entered, which is done by humans, who make errors. The information is only for those residential zip codes for Greensboro and does not include the surrounding communities

Tags: Greensboro foreclosures, Greensboro housing statistics, Greensboro zip codes, Multiple Listing Service, Triad MLS