va foreclosure info: Foreclosures in Arlington, VA- The prized N. Arlington's Ballston Market!
- 11/12/08 05:19 AM
Nov. 12, 2008- Arlington, VA Real estate Market Observations: Found several N Arlington condos heading for foreclosure auction in the next two weeks. The disturbing thing is that these are coming on from the most prized areas of N. Arlington. Saw one 2bdrm/2fba at the Odyssey heading for the auction block later this month. That building was popular and expensive when delivered in 2006. This was also a period in our credit markets where credit was cheap to say the least. I'm sure many if not most of these units were financed using now the infamous "100% financing"! And needless to say, are under water! (2 comments)