About Pitt County, NC

There are currently 249 Pitt County and Greenville NC foreclosure homes with 19 new foreclosures in February 2010, according to RealtyTrac.com.

1 in every 3,883 housing units received a foreclosure filing in February 2010

Pitt County & Greenville NC Foreclosure Activity and Home Price Index

Pitt County home price appreciation jumped .77% in February and there were 19 new foreclosures.

Pitt County foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Pitt County & Greenville NC Foreclosure Geographical Comparison

Pitt County & Greenville NC foreclosures were 0.21% below national statistics and 0.04% below North Carolina figures.

Pitt County & Greenville NC Foreclosure Activity by Month

Pitt County & Greenville NC foreclosure activity has been trending downward over the past 6 months. The number of Bank-owned properties decreased from 20 to 19 in February.

Are you or someone you know behind on mortgage payments and facing a Pitt County & Greenville NC foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.

National RECI Rebounds - Up 2.49% vs. February

Brokers and agents reversed three months of declining optimism and
pushed the RECI up from 5.63 in February 2010, to 5.77 in March(+2.49%).

Prevailing positive sentiment surrounding the current tax credit program
due to expire on April 30, 2010, combined with the onset of the typically
more active spring season helped to fuel the optimistic outlook.

Declining inventory levels in a number of states however emerged as a
primary catalyst for price stabilization and was seen by respondents as a
key reason for more frequent bidding wars in key states including
Florida, on low to mid range priced properties.

Amidst the renewed optimism, negative sentiment and apprehension
remained apparent in several states, with survey respondents indicating
buyer reluctance to commit due to job uncertainty. Pressure on prices
was also expected to continue by brokers and agents in most states,
driven by current foreclosure inventories, with more expected to hit the
market later this year.

For more local information visit: http://www.GreenvilleHomeTeam.com

Many renters are finding that they get more ‘bang for their' buck if they buy a home rather than rent one. With affordable prices, low interest rates and tax incentives, Greenville NC home ownership makes more sense than ever.

7 Reasons to Buy Rather Than Rent Greenville NC Home

1. Buying doesn't always cost more.
The Associated Press reports the gap between buying and renting has decreased $550 in the last three years.

2. Affordability is at an all-time high.
Nationwide, prices have declined by nearly 20-40%.

3. Tax benefits for home ownership saves money.
The biggest tax break is the mortgage interest deduction. Most of your mortgage payment goes to interest which is tax deductible. Property taxes and mortgage insurance are also tax deductible.

4. Many loans require no down payment.
Veterans Administration (VA) loans and many first-time home owner loans don't require a down payment.

5. The Tax Credit.
First time homebuyers can take advantage of the $8000 tax credit...but only until April 30, 2010. The tax credit can be used towards closing costs and the down payment.

6. Mortgage rates are at all-time lows.
Mortgage interest rates are the lowest we have seen in 30 years.

7. You own it.

There is nothing like pride of ownership...and you can do anything you want to do. You can paint it any color you want, make improvements, and landscape to your own taste..

For more information on owning a Greenville NC home, visit LizFreeman.com, LizFreemanHomes.com and HomesOfGreenvilleNC.com.

Search all Greenville NC homes for sale.

Posted by Deborah Randolph under For Buyers, For Realty Professionals, Marketing Reports, Greenville

One of the by-products of working with buyers is finding great homes...for someone else. So I have decided that each Friday I will compile a "good buy" list to share with ya'll. These are homes that are priced really well, have unique floorplans, unexpected updates to the interior, wonderful yards or locations, or a combination of any or all of these features. For instance, there is a neighborhood in Winterville, North Carolina which has three new homes in different price ranges....all three have been reduced $50,000. The builder is simply moving the inventory and the winner here will be the lucky buyer. Tucked into an interesting neighborhood near 10th Street, Greenville NC and a short drive to East Carolina University is a remodeled bungalow...two bedrooms, two new private baths, a half bath, laundry room, updates throughout...and has a lovely little price tag. Looking for the charm of Craftsman style homes? I know where to find them....Tulls Cove, Davencroft Village, Willow Run. Perhaps you want a new(ish) home in a golf course community. Well, there are several in Ironwood, Greenville, NC and only 5 and 1/2 minutes from the entrance of Pitt Memorial Hospital for those who need to get to work quickly. And home quickly. So call or email me for the details on these homes and others. In this age of tax credits, low interest rates and motivated sellers you cannot afford to wait. Act now..call me. www.sellinghomesingreenville.com DeborahRandolph@kwgreenville.com