Are Foreclosure Rates Increasing In Harrisonburg and Rockingham County?
Scott P. Rogers
Over at HarrisonburgForeclosures.com, I post notices of upcoming Trustee Sales (foreclosure auctions). The graph below shows how many trustee sale notices we've seen over the past 7 months.
As you can see, there has been a general increase over the past seven months, though it certainly could be a seasonal cycle since I don't have 12 months of data yet.
Do remember that these numbers do not indicate how many properties are actually foreclosed on, but rather the number of properties for which a trustee sale is scheduled --- regardless of whether it ends up taking place.
I'm working to get my hands on data about how many sales actually go through. Stay tuned!
As you can see, there has been a general increase over the past seven months, though it certainly could be a seasonal cycle since I don't have 12 months of data yet.
Do remember that these numbers do not indicate how many properties are actually foreclosed on, but rather the number of properties for which a trustee sale is scheduled --- regardless of whether it ends up taking place.
I'm working to get my hands on data about how many sales actually go through. Stay tuned!
