Foreclosure Inventory Drops As Economy Improves

Good news for Northern Virginia and homeowners around the country!

We are heading into 2016 with the lowest foreclosure inventory in eight years thanks to escalating home values and progressive improvement in the U.S. economy.  A large proportion of the remaining foreclosure inventory is clustered in New York, New Jersey and Florida,” said Anand Nallathambi, president and CEO of CoreLogic.

Check out more info from Keeping Current Matters about what’s happening nationwide. (Note that Virginia’s housing inventory is less than 1% foreclosures!)

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Call The Belt Team at (703) 242-3975 for more info.