Stop the presses! This just in!Only 1 out of every 16,974 housing units in the state of Nebraska had a foreclosure filing in December of 2008. That is 49th in the country!
Well, maybe it's not 'just in' but it is some great news for our local market. These stats are taken from Realtytrac.com, one of the leading national foreclosure tracking websites.
Who's number one? Nevada, where 1 out of every 73 housing units had a foreclosure filing.
The most filings in a state? California with 89,449 filings! Yikes!
Incidentally, our 'homes for sale' is now down to 4,134 residential single family detached homes in our multiple listing system, the lowest in over 2 years!
Does this mean we're 'turning the corner' with our local real estate market? I don't think we can definitively conclude that but there certainly are signs pointing toward a more 'normal' market...
Bill Swanson is an agent with CBSHome Real Estate, an affiliate of HomeServices and Berkshire Hathaway. For a quick and easy online home evaluation, log onto http://www.billswanson.com/ or give me a call at 402-964-4871.
For more information, email Bill at Bill.Swanson@cbshome.com.
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