Government Foreclosures. Foreclosed Homes, Properties & Real Estate Auctions

Virginia Foreclosures

Alexandria, VA Foreclosure Listings and Properties

Alexandria foreclosure listings and properties presently feature an impressive 1,679 foreclosed homes on sale at the median price of $313,500. There are also 1,894 other homes offered for sale at the Alexandria property auctions, bearing the median listing price of $375,000. Hence, the seized homes definitely are going at a discount of about 20 percent over others at market prices. A recent research of the real estate in Alexandria found more than 40 percent of the condos and homes to be in the highest rung, valued at $556,000 or above. Donald West, William Barnes, Brian Dwyer and Leesa Offutt are a few of the important real estate agents in Alexandria. Hiring the expert services of a competent broker is sure to help you make the best and most lucrative deal possible at the real estate listings auctions.

Alexandria is an independent city in the Commonwealth of Virginia. The city is at times referred to as the “Mother of Presidents”, because it is the hometown of eight former US presidents. Along with other parts of northern Virginia and central Maryland, modern Alexandria has been influenced considerably by its nearness to the US capital. It is chiefly inhabited by professionals working in the federal civil services, the US armed forces, or for other companies that variously serve the government departments. Alexandria contains umpteen nonprofit and charitable organizations, including the Salvation Army’s headquarters. Alexandria is a hotspot for tourists and those looking for colorful night life.

Among the many suburban cities and towns of Alexandria may be counted Winchester, Alexandria, Lexington, Bedford, Hopewell, Bristol, Harrisonburg, Buena Vista, Hampton, Charlottesville, Galax, Chesapeake, Fredericksburg, Colonial Heights, Franklin, Covington, Falls Church, Danville, Suffolk, Emporia, Staunton, Fairfax, Salem, Lynchburg, Roanoke, Manassas, Richmond, Manassas Park, Radford, Winchester, Martinsville, Williamsburg, Portsmouth, Waynesboro, Newport News, Virginia Beach, Poquoson, Norfolk, Petersburg and Norton.

Government Foreclosures Continue Rising Nationwide

The Q2 or second quarter of 2008 real estate market analysis throws up the result that government foreclosures have consistently been rising across the length and breadth of the US. The total number of foreclosure filings in Q2 2008 was 14 percent more than the Q1 figure and a steep 121 percent greater than the analogous figure for Q1 of 2007. The three most affected states had been Nevada, California and Arvada. During Q2, these three states saw one out of every 43, 65 and 71 households respectively getting seized.

Internet Resources for Foreclosure Auctions

The quickest means of having the latest information pertaining to the Alexandria real estate listings auctions these days is the internet. The National Association of Realtors believes that over 80 percent of all prospective homebuyers presently routinely tap the 24-hour vast web wherewithal as their first choice of information. You can do well to join their ranks. The net enables you to have all the data that you could possibly seek on your fingertips, with just leisurely mouse clicks from the cozy quarters of your home. There are numerous websites devoted to government foreclosures, and plenty specifically focusing on the Alexandria real estate sector. All of them are regularly rendered to date, with some being updated even thrice daily! These websites will enable you to keep in touch with the latest events and trends in the real estate, both at the national level and with regard to Alexandria in particular.

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