The Loudoun Times has some foreclosure news:
"Loudoun in July saw a 54 percent increase in foreclosure filings from the same month in 2007,according to new data from California-based RealtyTrac.com. . . . Foreclosure paperwork was filed against one out of every 169 homes in Loudoun in July, a rate second in the state only to Prince William County, which saw a rate of one out of every 103 homes".The article goes on to point out that sales increased with falling prices, which we already knew here.
July foreclosure rates:
Prince William: 1 out of every 103 houses
Loudoun: 1 out of every 169 houses
Fairfax: 1 out of every 226 houses
National average: 1 out of every 464 houses