FORECLOSURE NUMBERS DROP for first half of 2011 - read the report

By
Real Estate Agent with Godzyk Real Estate Services

Foreclosure numbers in New Hampshire dropped 4.1% to 2102 for jan. 1, 2011 to June 30, 2011 based on the first half of 2010.  The month of June 2011 saw 343 foreclosures compared to June 2010 which saw 377 according to the Registry review.

However looking at the year as a whole 2011 is gearing up to hit the 4000 mark where 2010 had 4006 in a year that saw a halt to foreclsoures for 2 months while they worked on foreclosure reviews.

Hillsborough county actually saw a rise in foreclosures to 103 compared to only 100 in 2010

If you are behind in your payments there may be help, as a leader of short sales in the area please feel free to contact me how we can assist you in selling your home via a short sale and usually with no cost to you the seller.


Please see my blog for tips and advice on selling your home through a short sale.

  
If you are looking to buy a bank owned home, please feel free to contact us for assistance as we specialize in bank owned homes and investment properties.

Please see my blog for tips and advice  on buying a bank owned home


 




UPDATED July 24, 2011

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Topic:
Real Estate Market Trends
Location:
New Hampshire Hillsborough County Manchester
Groups:
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Ambassador
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Debe Maxwell
Charlotte Homes for Sale - Charlotte Neighborhoods
www.AtHomesCharlotte.com | Savvy + Company Real Estate

It looks like if you're headed to the 4K mark, it's likely not going to be much of a change in the end, right?!  Hopefully this crazy market will turn around.  For now, it's definitely a great time for buyers to find a fabulous foreclosure or short sale property!

July 24, 2011 05:29 PM
Rainmaker
979,963
Scott Godzyk
One of Manchester NH's Leading Agents
Godzyk Real Estate Services

It sure is Debe, buyers are enjoyiong oncredibl pricing and all time low interest rates. My wish is for the banks to increase their lending which will stabilize values which can turn around the foreclsoure numbers.

July 24, 2011 06:16 PM
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Rainmaker
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Scott Godzyk

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Additional Information

Scott Godzyk is the Owner/Broker of The Godzyk Real Estate Services located in Manchester NH. With 25 years of Real Estate experience Scott specializes in Listing and Selling Bank Owned Homes, Short Sales, Residential Properties, Condominiums, New Construction and Investment Properties. Scott services the counties of Hillsborough, Merrimack, Rockingham and Belknap. To contact Scott Godzyk please call 603-661-2121 or email sctprop@aol.com. his website is www.ScottSellsNH.com.