Posts Tagged ‘april’

April 2010 Residential Foreclosure Analysis

May 14th, 2010 Comments off

There were 468 residential foreclosure in April across Shelby County, up 38% from April 2009.

The average foreclosure amount and average appraisal amount were both up as well to $36,712 and $128,656 respectively.

1,116 foreclosure notices were issued, down 1.9% from April 2009.

The Top Foreclosure Inventory Holders were Fannie Mae with 504 properties in inventory at the end of April, HUD with 345 properties and Deutsche Bank with 244 properties. These inventory holders were also the Top Residential Sellers for the month with a combined total of 199 properties sold valued at almost $10 million.

The leading zip codes for foreclosure inventory were Frayser (38127), Westwood (38109) and Raleigh (38128).

Click here to review our April Residential Market Conditions Reports!

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