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Piedmont Real Estate Blog

Blog by Julie Emery

Amissville, Virginia

An ongoing dialog on real estate news, opinion and trends in Northern Virginia and the greater Piedmont area. Julie is an Associate Broker at Century 21 New Millennium, 5451 Old Alexandria Turnpike, Warrenton, VA 20187

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Piedmont Real Estate Blog

Foreclosures: More Than We Thought

Oct. 7, 2008

Categorized in: Foreclosures/Short Sales

Tagged with: foreclosures, hud, morning edition, npr, realty trac, rural areas, rural counties

NPR had a story this morning on their show, Morning Edition, about how foreclosures are counted.

It turns out that they've been undercounted in rural counties by RealtyTrac, the company everyone's been using for these statistics.

HUD is now responsible for counting these, at least temporarily. I'll be digging into how we look locally with these new numbers.

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