Harrisonburg and Rockingham County Have Low Foreclosure Rates
Scott P. Rogers
Over at Patchwork Nation, you can create maps to show all sorts of data, including these below that examine foreclosure rates as of January 2011....
The states that should stand out as having high foreclosure rates include California, Nevada, Arizona, Michigan and Florida.
Looking a bit closer (above) you'll see that Harrisonburg and Rockingham County are categorized as having low foreclosure rates. This has likely led to the relative stability in our housing market, whereas many Virginia markets north of us have seen significant price adjustments largely as a result of their high foreclosure rates.
In case you're wondering, on Patchwork Nation you can also create fun maps such as the counties where Cracker Barrel restaurants exist....
The states that should stand out as having high foreclosure rates include California, Nevada, Arizona, Michigan and Florida.
Looking a bit closer (above) you'll see that Harrisonburg and Rockingham County are categorized as having low foreclosure rates. This has likely led to the relative stability in our housing market, whereas many Virginia markets north of us have seen significant price adjustments largely as a result of their high foreclosure rates.
In case you're wondering, on Patchwork Nation you can also create fun maps such as the counties where Cracker Barrel restaurants exist....
