Gainesville Virginia - Homes For Sale - Foreclosures and Short Sales – June 2010
By Linda Coffey, Your Haymarket & Gainesville Area Expert
(Long & Foster)
Gainesville Virginia - Homes For Sale - Foreclosures and Short Sales – June 2010 The rise in foreclosures and short sales has even touched the homes for sale in the Gainesville VA market. Since September 2008, monthly foreclosure filings decreased by 10 percent across Virginia. Overall, in September 2009, Virginia ranked 17th in foreclosure rate amongst the 50 states, according to RealtyTrac. According to the Virginia Association of Realtors, in the 3rd Quarter of 2009 median sales prices were down by 1.3% over the same period in 2008 while they increased 2.2% over the previous quarter (2nd Quarter 2009). Currently there are 183 Single Family Homes listed for sale in the Gainesville VA MLS in June 2010. 7 Foreclosures (3.8% of current homes) 53 Short Sales aka Preforeclosure (29% of cur...
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