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A Drop in Foreclosures for Virginia and DC!

Good news for the state of Virginia and the District, foreclosures fell in both areas from the month of January to February.

The State of VA as a whole, dropped 18.7%, from 5,152 properties to 4,187

Fairfax County fell 19.2% and Arlington County fell 12.8%

Washington, D.C. saw a 32.5% decrease!!

Compare these to the national average, of a 4% decrease, and you can see this area is doing very well!! We’re moving in the right direction to get these foreclosure filings down!! Let’s talk about how this may affect the market in the months to come, call us!

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