Monday, December 17, 2012

Foreclosure Listings in Durham

Foreclosure Listings in Durham

Search all Foreclosure Listings in Durham

According to TARR (Triangle Residential Realty Report) it was noted that for Durham County "foreclosure filings during the third quarter of 2012 decreased 6%, the number of filings in the state increased 13%. The number of distressed listings in the Triangle Multiple Listing Service (TMLS) decreased 10%. Distressed listings account for 12% of total listings, up from 11% at the end of 3Q/11."

The TARR Report also noted that "Nationally, distressed sales accounted for 24% of July closings, down from 29% in July of 2011."

Although our area has not seen the same rates of foreclosure in other areas, it still has impacted our market and has causes prices to come down over all.  Search here for all Foreclosure properties available in Durham.
 
 


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