• psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-813

Foreclosure Activity Is Falling In Hampton Roads

Foreclosure activity fell in Hampton Roads last month despite jumping across the US, according to a report to be released today.

According to RealtyTrac, an online foreclosure-monitoring service based in Irvine, Calif. there were 1,044 foreclosure-related notices in the Hampton Roads VA region in August, down nearly 15 percent from July and down 13 percent from the level a year ago,

image

Compared with the year-earlier period, the number of foreclosures in Hampton Roads has been trending downward this year. Some real estate experts attribute the decline to processing delays at mortgage servicing companies and banks, while others attribute it to a stabilizing housing market.

With the exception of July, the number of foreclosures in the region has been below year-earlier levels since December.

The total notices of bank repossessions and foreclosure auctions fell in Chesapeake, Norfolk, Portsmouth and Suffolk, while rising in Newport News, Hampton and Virginia Beach, according to the report. Foreclosures were most widespread last month in Portsmouth.

Nationwide, foreclosure activity rose as 228,098 properties received foreclosure notices, up 7 percent from July but down nearly 33 percent from a year earlier. The national data include notices of default, the first stage of the foreclosure process after a homeowner has missed mortgage payments.

 

SEARCH FOR FORECLOSURES IN HAMPTON ROADS AND WILLIAMSBURG BELOW

To search by  city or county, click on the links below. These are preset searches that will find most of the bank owned  foreclosures in those areas. No registration needed and no charge to access.

Foreclosure Lists:

VA_Beach_Foreclosures , Chesapeake_Foreclosures , Yorktown_Foreclosures

Suffolk_Foreclosures ,Isle_of_Wight_Foreclosures ,Norfolk_Foreclosures

Hampton_Newport_News_Foreclosures ,Williamsburg_Foreclosures

Smithfield_Foreclosures ,Poquoson_Foreclosures

 

Like what you are reading ? Want to receive updates by email in the future ? Sign up here  banner psst … I’m a Realtor! Thanks for stopping by my website. I  would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This post was authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com  and Mr Williamsburg.com were created as a resource for folks who are exploring a move to  Williamsburg, VA , Hampton Roads VA and the  surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities,   condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New KentPoquoson, and Gloucester, VA as well as surrounding markets of Carrolton,  Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth  Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry,  Va Beach, Yorktown  and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @  757-254-8136

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