Northern Virginia Foreclosures and Short Sales Washington DC REO

Specific Cities for Foreclosures REO Listings in Northern Virginia Washington DC

If your in the market for a bargain foreclosure …. you may not find it. Bank foreclosures are down and the inventory of bank owned resales are at extreme low levels. (Which is a good thing!) There is some speculation that the banks are holding a “shadow” inventory, that may be true in judicial foreclosure states, but Virginia is a non-judicial state. So the likely hood of that “shadow” inventory hitting the market right now is slim to none. Currently there are only >>> 105 <<<< foreclosures available in all of the 6 northern Virginia jurisdictions, including Loudoun, Fairfax, Arlington, Prince William Counties and the Cities of Falls Church and Alexandria. That’s it … 105 with one third of those in Prince William County.

Looking at the first quarter sales in 2013 there were just 487 foreclosure resales.

Compared to first quarter of :

(2010) 1,105 sales
(2011) 930 sales
( 2012) 798 sales
(2013) 487

You can see the downward trend. Contact us at JustNewListings.com Realty to get instant notification of any new listing that hits the market.

 

Alexandria Virginia Foreclosures Annandale Virginia Foreclosures Arlington Virginia Foreclosures Ashburn Virginia Foreclosures
Burke Virginia Foreclosures Centreville Virginia Foreclosures Chantilly Virginia Foreclosures Clifton Virginia Foreclosures
Fairfax Virginia Foreclosures Falls Church Virginia Foreclosures Great Falls Virginia Foreclosures McLean Virginia Foreclosures
Springfield Virginia Foreclosures Vienna Virginia Foreclosures Washington DC Foreclosures Woodbridge Virginia Foreclosures
Herndon Virginia Foreclosures  Oakton Virginia Foreclosures

 

I’ll try to have the rest of these city st virginia foreclosures up and running soon! If you have a particular city you’d like to request let me know…..

Pretty soon I’ll have a big update on this niche of Northern Virginia real estate. Are the numbers of foreclosures holding steady or going up or down? What is the average sales price of them and are they really a good deal or not when buying a home in any of the main cities in the area such as but not limited to the following:

Alexandria
Annandale
Arlington
Ashburn
Burke
Centreville
Chantilly
Clifton
Fairfax
Falls Church
Great falls
McLean
Sprinfield
Vienna
Woodbridge
Washington DC

As a general rule they sell for 5% lower than market value so they represent a deal. However it is not wise to limit your search to them or your missing out on 95% of the market. Odds are much higher you’re going to find a regular resale that fits you well with all the features that are important to you. But occassionally a foreclosure ends up having what you’re looking for–but that is the exception. Just keep an open mind and play to win. Hire an agent that is a master negotiator and can help you beat out competing offers.

Northern Virginia Foreclosure Listings & REO Homes for Sale

$3,300,000
Single Family Home For Sale
Pending
6
BED
8
TOTAL BATHS
8,462
SQFT
125 Twin Cove Road
Stevensville, MD 21666
TWIN COVE ESTATES Subdivision
$2,999,000
Multi-Family For Sale
Active
WASHINGTON-DC
COUNTY
1271 Meigs NE Place
Washington, DC 20002
TRINIDAD Subdivision
$2,925,000
Commercial For Sale
Active
5.32
ACRES
YORK-PA
COUNTY
8 Barnhart Drive
Hanover, PA 17331
 
$2,250,000
Single Family Home For Sale
Active Under Contract
6
BED
9
TOTAL BATHS
9,413
SQFT
10236 Democracy Boulevard
Potomac, MD 20854
CAMOTOP Subdivision
$2,200,000
Land For Sale
Pending
145
ACRES
BERKS-PA
COUNTY
Route 100
Barto, PA 19504
NONE AVAILABLE Subdivision
$1,950,000
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
5,371
SQFT
1000 Herbert Springs Road
Alexandria, VA 22308
HERBERT SPRINGS Subdivision
$1,850,000
Land For Sale
Active
50
ACRES
WICOMICO-MD
COUNTY
Heritage Court
Salisbury, MD 21801
HERITAGE Subdivision
$1,795,000
Single Family Home For Sale
Active
7
BED
9
TOTAL BATHS
9,050
SQFT
23 College Avenue
Haverford, PA 19041
NONE AVAILABLE Subdivision
$1,791,000
Land For Sale
Active
5.97
ACRES
LEBANON-PA
COUNTY
1048 Heidelburg Avenue
Newmanstown, PA 17073
 
$1,750,000
Single Family Home For Sale
Active
7
BED
7
TOTAL BATHS
7,027
SQFT
4802 Foxhall NW Crescent
Washington, DC 20007
BERKLEY Subdivision
Price Change - 3 weeks ago
$1,699,999
Land For Sale
Active
23
ACRES
BUCKS-PA
COUNTY
4320 Township Line Road
Wycombe, PA 18980
NONE AVAILABLE Subdivision
$1,600,000
Farm For Sale
Active
1
BED
1
TOTAL BATHS
Mill S Street
Thompsontown, PA 17094
BURNS FARM Subdivision
$1,500,000
Land For Sale
Active
184.47
ACRES
YORK-PA
COUNTY
N Throne Road
Fawn Grove, PA 17321
PLANTATION ESTATES Subdivision
$1,500,000
Commercial For Sale
Active
2.49
ACRES
ADAMS-PA
COUNTY
3585 Chambersburg Road
Biglerville, PA 17307
 
$1,500,000
Commercial For Sale
Active
3.06
ACRES
LEBANON-PA
COUNTY
648 E Lincoln Avenue
Myerstown, PA 17067
 
$1,495,000
Single Family Home For Sale
Active Under Contract
5
BED
8
TOTAL BATHS
8,458
SQFT
8808 Potomac Station Lane
Potomac, MD 20854
POTOMAC OUTSIDE Subdivision
$1,495,000
Single Family Home For Sale
Active Under Contract
7
BED
9
TOTAL BATHS
11,088
SQFT
12625 Greenbriar Road
Potomac, MD 20854
PALATINE SUB Subdivision
New Listing - 5 days online
$1,485,000
Townhouse For Sale
Active
4
BED
5
TOTAL BATHS
4,104
SQFT
3129 38th NW Street
Washington, DC 20016
CLEVELAND PARK Subdivision
$1,470,000
Land For Sale
Active
18.7
ACRES
YORK-PA
COUNTY
30 Deborah Drive
Spring Grove, PA 17362
 
$1,450,000
Farm For Sale
Active
4
BED
4
TOTAL BATHS
10,000
SQFT
12285 Elk Run Church Road
Midland, VA 22728
THE PADDOCKS AT ELK RUN Subdivision