Foreclosures in Greensboro (4/19/09)

by Casey on April 25, 2009

I don’t have any video on this blog post so you can’t see me doing my Happy Dance.  Too bad, because you haven’t lived until you’ve seen it.

You’ll just have to be content with the Happy News: Foreclosures in Greensboro are dwindling.

During the week ending 4/19/09, only 4 foreclosures were listed in the MLS*. Four. That’s one less than the number of fingers on your hand – unless you’re my second cousin, Gert, who had a tragic accident with a hand crank meat grinder making raisin sandwiches. But that’s a topic for another post…..

Four. The fewest number of foreclosures listed in Greensboro since tracking of such information started on this site. And, in the last 6 weeks, every week has had fewer than 10 foreclosures listed except 1. To compare, the previous 6 weeks was the inverse – ONLY 1 week had fewer than 10 listed.

And our favorite trend indicator – the 12 week rolling totals – has dropped faster than Simon Cowell’s jaw when Susan Boyle started to sing. See below for some graphic wonderfulness…

total-listings1

new-listings-by-zip-code1

zip-codes-by-3-weeks1

pie-chart3

numbers-since-98081

chart1

by-status1

foreclosures-by-weekly-status1

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

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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.

* 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

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