My cautious hopefulness last week about the teensiest indication of an improvement in Greensboro foreclosure listings was short-lived. Listings were back up to 18* this week and all zip codes except 27409 had at least one. And the 12-week rolling number shot back up as well, to 179 from 169.
The highest priced foreclosure for the week ending June 13th is $379,900 in the 27408 zip code. The lowest is $12,900in 27407.
Three zip codes continue to dominate the total listings over the last 12 weeks: 27405, 27406, 27407. Between them they account for 58% of the total foreclosures listed.
The rest of the data rolls out like so:
It’s obviously going to be a while before the backlog of foreclosures that are currently in the pipeline to work through the system before we see any appreciable improvement in these numbers.
Meh.
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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.
