Realty Trac reported that foreclosure activity in May, 2009 was down 16% from April, 2009 and down 35% from May 2008. North Carolina ranked 26th in the country for foreclosures in May. Five counties were responsible for 68% of the activity with Guilford County and Forsyth County being ranked 3rd and 4th respectively in the state. Guilford County had 284 foreclosure filings and Forsyth County had 229 properties with foreclosure filings. On the Triad MLS, there are currently 188 active REO’s in Guilford County, and 156 active bank-owned, REO, foreclosure listings in Forsyth County. This would include Greensboro, High Point, Winston Salem, Kernersville, Clemmons, Lewisville, Pfafftown, Walkertown, and other communities in these counties.
Read the entire report at the link below
http://www.realtytrac.com/ContentManagem…
As always, if you have any interest in foreclosure properties in the Winston Salem and Triad areas or other properties in the Triad, please give Tony Green, Realtor a call at 336-287-4423 or shoot him an email (listed on primary website).
