Foreclosures in Greensboro (5/17/09)

Well, this stinks.

For the first time in 12 weeks, the number of foreclosures listed in Greensboro over a 12-week rolling period has increased*. And we were doing so well! Granted, the increase is small (101 compared to 97) but up is up just as down is down.

And the number of new foreclosure listings in the week ending 5/17/09 is 12. That’s the highest weekly number since the week ending 3/1/09.

:shrug:

Whatcha gonna do, eh?

We’ll hope this is a blip and not a trend. Next week’s numbers will show us more.

In the meantime, we can see there are trends already apparent: Of the 101 foreclosures listed in the last 12 weeks, nearly half – 50 - have been in the 27405 and 27406 zip codes. Adding in 27407 makes if fully 60%. And this while 27408 and 27455 have only 3 foreclosures listed between them.

Pie charts, line charts, column charts. None of them very pretty this week. Let’s hear it for the spacetime continuum which will guarantee a new week very soon and our perceptions may be improved by the added dimensions at play in the universe.

Or let’s just keep our fingers crossed for better numbers next Friday.

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