Rate Of New Bank-Owned and Short-Sale Listings Steady

The rate at which new foreclosure/bank-owned and short-sale listings are entering the market in Loudoun County remains steady. Here are the numbers:

• January 2008 saw 310 new foreclosure/bank-owned and short-sale listings come on the market. That's 10 new ones per day.
• February 2008 had 289 come on the market. That's 10 per day.
• March 2008 had 301 come on the market. That's 9.8 per day.
• So far this month (thru 4/22), there have been 253 new foreclosure/bank-owned and short-sale listings come on the market. That's a slight increase to 11.5 per day, but not too far off the 10 per day average.

The trend so far this year seems to be about 10 or so new foreclosure/bank-owned and short-sale listings on the market each day. I'll keep you posted on how April ends up and whether this trends continues or changes.

-Danilo

Comments

[Will]

Interesting to see that the foreclosures are not ballooning in your area like that are in Southern California.

[Avoid Foreclosure]

This site may be useful to some of you guys and gals.
It has some practical information on how to avoid foreclosure.

http://www.howtoavoidforeclosure.org/

Good Luck

[FHA Properties]

This site might be of interest to some of you.

http://www.reohud.org

Good Luck