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Greenville NC Foreclosure Trends - December 2010

By
Real Estate Agent with RE/MAX Preferred Realty

There are currently 137 Greenville NC foreclosure homes with 15 new foreclosures in October 2010, according to RealtyTrac.com. 1 in every 3,292 housing units received a foreclosure filing in October.

Greenville NC Foreclosure Activity and 30 Year Interest Rate

Interest rates on 30 year mortgages increased from 4.30% in Nov to 4.71% in Dec and the number of new foreclosures dropped from 16 to 7.

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Foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or bank repossession - each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.

Greenville NC Foreclosure Geographical Comparison

Greenville NC foreclosures were 0.19% below national statistics, 0.06% below North Carolina figures and o.o0% below Pitt County numbers in December.

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Greenville NC Foreclosure Activity by Month

Greenville NC foreclosure activity has been trending upward over the past 6 months. However, the number of Bank-owned properties decreased from 16 to 6 in December.

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Are you or someone you know behind on mortgage payments and facing a Greenville NC foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.