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Stressed, or Distressed, or Both?

Percentage of distressed active listings in Loudoun County

I posted last week on LoCo Musings and LoCo Market Stats analyzing how much of our active real estate market in Loudoun is currently made up of 'distressed' sales, meaning short sales or foreclosures. What I found is that it varies depending where in the county you are, and also what home type you are looking at. Here's the overall picture for … [Read more...]

Short sales, foreclosures, bank owned…help?

Ashburn townhomes

Update: November 14, 2010, see below Okay, given the high number of 'bank involved' listings in Loudoun County right now, I thought I should clarify what many of you are hearing about in the media, or maybe even noticing in the comments section of listings of homes for sale. There are different types of 'bank involved' situations with homes … [Read more...]