Real Estate News About Woodbridge, Mount Vernon, and Lorton Virginia: June 2008

Real Estate In Prince William County, Woodbridge, Manassas, Haymarket, Bristow See Foreclosures Plummet

There are 670 foreclosed properties for sale in Prince William County as of 12:42 today.

That's down by over 50% from summer 2006.

Some "expert" somewhere, in a news report I cannot recall, mentioned that over 7,000 homes were foreclosed in Prince William since 2004.  My experience says that number is right on target.

My contacts in the Real Estate Owned (REO) departments at mortgage banks say that their workload has steadily subsided month by month this year.


Moreover, the total inventory of all homes for sale in the county is down to roughly 4,800, down from over 7,000 in June 2007.

The number of homes "Under Contract", in other words, "SOLD" pending settlement in the county is up from roughly 370 in June 2007 to over 1,680 homes in June 2008.

Anyone who has been waiting for the market to "hit bottom" missed it... it already happended.

You can also get automated, daily market updates giving you the newest listings of homes that fit YOUR specific needs.  No more scouring web sites searching, searching, searching through lists of homes that WON'T work just to find those few houses that fit your wish-list.



Opportunities Are Everywhere...We Can Help You Find Your Dream Home.






Erick Blackwelder or Peggy James of Erick and Company - Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-590-2252  list your property for sale or to  purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Cannon Bluff, Meadowbrook Woods, Blooms Crossing, Manassas Park, Beaver Creek, Hunter's Ridge, Brittany,  Manassas, Montclair, Dumfries, Occoquan, Dale City, Nokesville, or anywhere in Prince William County.


Equal Housing OpportunityContact Erick Blackwelder


Erick BlackwelderCall or text Erick Blackwelder right now for help finding a home, or help selling your house.  

Don't worry... Erick doesn't bite, and you won't get a sales pitch.  Text or call Erick now at 703-677-1120 for a FREE consultation.

CLICK HERE NOW to search the Multiple Listing Service (MLS) for homes for sale in and around Woodbridge, Lorton, and Mount Vernon.

Exit Realty Associates
8998C Lorton Station Blvd
Lorton, VA  22079
Equal Housing Opportunity








"Hey Erick, tell me more about...."

Click the link above to email a question to me or call me now at 703-677-1120.  



Equal Housing opportunity.

Comment balloon 0 commentsErick Blackwelder • June 18 2008 12:37PM
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