Interesting information about the foreclosure rate for NC compared to the country. It people are comparing NC to what the media reports nationally, and especially our area, here are the numbers as reported for the state. Obviously we aren’t seeing the big increases as reported. If you click the link for North Carolina in the chart it takes you to Realtytrac to see what foreclosures they show for sale by each county. It appears a lot in our area are in Beech Mountain, which seems to mimic the lack of sales in that area as well.
North Carolina has a state ranking of 36, which shows positive for our state. Total state filing for Q1 of 2009 5, 988. That is a change of -19.69 from the fourth quarter of last year till the first quarter of this year. Also the change from the first quarter of last year to the first quarter of this year is -41.77.
Thank You,
Marc White
828-406-2134
Marc@CedarFallsRealty.com
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