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

By
Real Estate Agent with Market Advantage Real Estate

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.

For more information about foreclosure/bank-owned and short-sale properties in Loudoun County, Virginia, check out www.LoudounForeclosures.com.

For general Loudoun County real estate market statistics, data, information and resources, check out www.LoudounStats.com.

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Newbie B
KWR - Dulles, VA

I beleive it; even when we are doing the BPO's we find so many homes that arent even listed yet

 

May 08, 2008 01:12 PM