From Insidenova.com
Occoquan saw one. Woodbridge, 481. And Prince William as a whole? A total of 1,043.
That’s the number of foreclosures for July for the county, according to RealtyTrac, a group that compiles information on the housing market nationwide.
The rest of the breakdown in the county for July: Manassas, 218 foreclosures; Triangle, 84; Bristow, 74; Dumfries, 73; Gainesville, 67; Haymarket, 31; Nokesville, 12; and Catharpin, 2.
The figures aren’t so dismal when viewed through the context of a year. In July 2008, the number of foreclosures in the county stood about 1,200.
It sounds like things are still mighty grim. The article continues stating:
In all of Virginia, 6,406 foreclosures were added in July, representing a 23 percent jump over June figures, and an 11 percent hike from July of 2008. Between January and July, total foreclosures for the state hit 39,210. And despite lower prices and a decided buyer’s market, sales haven’t been so brisk. In the six-month period that began in January, only 10,229 of those foreclosed homes have been resold.
Do these numbers mean that Prince William County respresented 1/6th of all foreclosures in the state for the month of July? If that is the case, then why are our elected officials not horrified?
