Here are 2006 versus 2007 sold numbers and percentages regarding Loudoun County foreclosure/REO and short-sale properties:
Loudoun County | REOs/Short-sales Sold* | Total Sold* | Percentage |
2006 | 198 | 4601 | 4.3% |
2007 | 740 | 3168 | 23.4% |
(2007 is ytd) | *sold by contract date |
As you can see, Loudoun County has had a 373 percent increase in the number of foreclosure/REO and short-sale properties sold as well as a 544 percent increase in the percentage of foreclosure/REO and short-sale properties in relation to total properties for sale.
For more information, statistics, data and resources on the foreclosures/REOs and short-sales in Loudoun County, Virginia, check out LoudounForeclosures.com.
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