Greenville NC Foreclosure Trends - July 2011

Real Estate Agent with RE/MAX Preferred Realty

There were 118 Greenville NC foreclosure homes with 35 new foreclosures in July 2011, according to 1 in every 1,448 housing units received a foreclosure filing in July.

Greenville NC Foreclosure Activity and 30 Year Interest Rate

The interest rate on a 30 year mortgage was 4.55% in July and there were 35 new foreclosures.

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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 0.09% below national statistics, 0.01% above North Carolina figures and 0.03% the same as Pitt County numbers in July.

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Greenville NC Foreclosure Activity by Month

Greenville NC foreclosure activity is rising. The number of Bank-owned properties increased from 4 in June to 7 in July while the number of Auctions increasing from 3 to 28.

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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.


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