loudoun county foreclosure statistics: Demand For Distressed Properties Outpaces Supply For First Time
- 10/08/08 05:21 AM
The foreclosure/bank-owned and short-sale portion of the Loudoun County real estate market has been steadily improving over the last 6 months. But last month brought some of the best news we've had in a long time - demand outpaced supply! For the first time since the market turned, there have been more distressed properties sell than new ones come on the market in a one month period. August had 326 distressed properties sell versus 306 new ones come on the market. Here's a graph showing new listings (supply) versus solds (buyer demand) for 2008 (click to enlarge):
Notice that in January, the … (0 comments)
loudoun county foreclosure statistics: Demand For Distressed Properties Outpaces Supply For First Time
- 09/04/08 08:56 AM
The foreclosure/bank-owned and short-sale portion of the Loudoun County real estate market has been steadily improving over the last 6 months. But last month brought some of the best news we've had in a long time - demand outpaced supply! For the first time since the market turned, there have been more distressed properties sell than new ones come on the market in a one month period. August had 326 distressed properties sell versus 306 new ones come on the market. Here's a graph showing new listings (supply) versus solds (buyer demand) for 2008 (click to enlarge):
Notice that in January, the … (0 comments)
loudoun county foreclosure statistics: Loudoun County Foreclosure/Bank-Owned and Short-Sale Statistics - July 2008
- 08/14/08 07:01 AM
With all the hype and talk about foreclosure/bank-owned and short-sale properties, especially in Loudoun County, you're probably wondering what that segment of the real estate market is up to. Let's look at the statistics to find out... Supply/Inventory The number of foreclosure/bank-owned and short-sale properties that came on the market in July 2008 was 318. This is an 8 percent increase from June 2008 (318 versus 291). The number of foreclosure/bank-owned and short-sale properties that came on the market in July 2008 was 45 percent more than in July 2007 (218 versus 175). This statistic in itself does not look … (0 comments)
loudoun county foreclosure statistics: Loudoun County Foreclosure/Bank-Owned and Short-Sale Statistics - July 2008
- 08/08/08 03:39 AM
With all the hype and talk about foreclosure/bank-owned and short-sale properties, especially in Loudoun County, you're probably wondering what that segment of the real estate market is up to. Let's look at the statistics to find out... Supply/Inventory The number of foreclosure/bank-owned and short-sale properties that came on the market in July 2008 was 318. This is an 8 percent increase from June 2008 (318 versus 291). The number of foreclosure/bank-owned and short-sale properties that came on the market in July 2008 was 45 percent more than in July 2007 (218 versus 175). This statistic in itself does not look very … (0 comments)
Loudoun County has seen a huge increase in the number of foreclosure/bank-owned and short-sale properties that have hit the market so far this year compared to last year during the same period. But the increase in buyer demand so far this year has been at about the same percentage rate, if not higher as the increase in inventory. Here are the numbers: The number of new foreclosure/bank-owned and short-sale properties that came on the market in 2008 YTD is up 64 percent from the same time period in 2007 The number of foreclosure/bank-owned and short-sale properties that have sold* … (0 comments)
loudoun county foreclosure statistics: Percentage of Foreclosures and Short-Sales Holds Steady
- 05/09/08 08:22 AM
The percentage of total properties for sale in Loudoun County that are foreclosures/bank-owned or short-sales is holding steady around 25 percent. We've been seeing the percentage stay around 25 for most of this year. Though we'd all like to see that percentage go down, it's definitely good news that it's not increasing. The fact that it's not increasing is another sign that the worse is behind us. For more information about Loudoun County foreclosure/bank-owned and short-sale properties, check out my blog Loudoun Foreclosures. -Danilo
loudoun county foreclosure statistics: Snapshot of Loudoun County Foreclosure/Bank Owned and Short-Sale Properties
- 02/12/08 06:29 AM
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-salesFourty-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-salesFrom MRIS data. For more information about Loudoun County, Virginia foreclosure/bank owned and short-sale properties, check out my Loudoun Foreclosures … (0 comments)
loudoun county foreclosure statistics: Loudoun County Foreclosure/REO and Short-Sale Properties Sold - 2006 vs 2007
- 12/22/07 07:05 AM
Here are 2006 versus 2007 sold numbers and percentages regarding Loudoun County foreclosure/REO and short-sale properties: 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. … (0 comments)
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Danilo Bogdanovic
Real Estate Consultant - Loudoun and Fairfax County
The foreclosure/bank-owned and short-sale portion of the Loudoun County real estate market has been steadily improving over the last 6 months. But last month brought some of the best news we've had in a long time - demand outpaced supply!;)
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