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Snapshot of Loudoun County Foreclosure/Bank Owned and Short-Sale Properties

By
Real Estate Agent with Market Advantage Real Estate

Here is a snapshot of foreclosure/bank owned and short-sale properties in Loudoun County, Virginia:

  • Twenty-four percent of the currently active listings in Loudon County are either foreclosures/bank-owned or short-sales.
  • Fourty-three percent of the properties that are currently under contract are either foreclosures/bank-owned or short-sales
  • Fourty-four percent of the properties that settled in January 2008 were either foreclosures/bank owned or short-sales. This in an increase of over 400 percent from January 2007 when only 10 percent of the properties that settled were either foreclosures/bank owned or short-sales

From MRIS data.

For more information about Loudoun County, Virginia foreclosure/bank owned and short-sale properties, check out my Loudoun Foreclosures blog.

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