Preforeclosures Rising in Charlottesville, now ranked #4 in VA

Here is a map from Realty Trac that shows the trends in Virginia in Preforeclosures:This map shows the number of preforeclosures in the state of Virginia. Right there in Central Virginia is Albemarle County and Charlottesville Ranking #4. You can see the actual map by clicking on the picture of the one above. The definition of preforeclosure on realtytrac.com is the number of people that are at least 90 days behind and the banks have submitted it to their credit report. This is a new development in our area and further proves that the Charlottesville Real Estate market is going to get worse before it gets better and most likely driven by bank owned properties (REOs) and short sales.

Rob Alley, Realtor at Keller Williams Charlottesville
540-250-3275 (cell)
roballeyrealtor@gmail.com
http://www.robsellscharlottesville.com/
http://www.forestlakesliving.com/
http://www.charlottesvillevarealestate.blogspot.com/
http://www.charlottesvilleshortsale.com/
http://www.theaverygroup.com/

Your source for Charlottesville Short Sales and Foreclosure Information.