1 existing foreclosure in my neighborhood. 3 of 6 houses in my cul-de-sac are in foreclosure with one (1st person to build here in the subdivision in 1988) going on the auction block May 22nd. RTP area of NC with the 3 foreclosures all once in blue collar occupations. 2 auto repair, one construction - not good.
1 existing foreclosure = 1 empty ( 8 months now) already foreclosed home with now 3 additional in foreclosure....sorry needed to clarify that