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Local real estate market stronger

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WILMINGTON, NC (WWAY) -- Business data company CoreLogic reports the Wilmington real estate market is getting healthier.

Foreclosures in the Port City are at 1.42%, this is down from 2.41% percent a year ago.

Delinquencies have also dropped, with those 90 days or more behind on their mortgage now below four percent.

These are the best numbers in more than two years.

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For the facts on the Real Estate Sales Market >

http://www.youtube.com/watch?v=Y4X9pMXXqrI
(July 2013)

Foreclosures and delinquencies may be down in Wilmington...but as far as the % of homes for sale, and getting the asking price by sellers in the Wilmington area...this guy pretty much explains the math.
I have no association with these guys as far as realtors...but...
Just saying :-)