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VARbuzz: Good foreclosure news from CoreLogic

In its March National Foreclosure Report, CoreLogic found that foreclosures dropped 18.8% from March 2011. Even better, foreclosures in the first quarter were down 14.7% from the first quarter of 2011.

“Compared to a year ago, the number of completed foreclosures has slowed,” said Anand Nallathambi, chief executive officer of CoreLogic. “Since the foreclosure inventory is also coming down, this suggests that loan modifications, short sales, deeds-in-lieu are increasingly being used as an alternative to foreclosures to clear distressed assets in our communities.”

Q1 2012 home sales report is now available

The First Quarter 2012 Virginia Home Sales Report has been released and brings good news for the Commonwealth! Several long-term trends indicate that Virginia’s housing market is continuing to stabilize.

As shown above, the pace of home sales in the first quarter of 2012 marked an improvement over both the first quarter of 2011 and 2010.

Get VAR where you are

VAR wants to keep you in the loop wherever you want to be, whether that's on our website or somewhere else online. Check out all the places where you can find VAR products, services, and information designed to help you keep up with the Virginia real estate markets. Click on the icon to connect with us across the web.

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Tell us about you

We'd like to know about you. This helps us make sure that we understand your service and communication needs, your interest in volunteering, and to help us do an all around better job of serving you. After all, that's why we're here.

Simply log in below (it's the same information you use to access members-only parts of the VAR website, so if you haven't previously changed your password: your username is your e-mail address and your password is your NRDS number (NAR database number).

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Real Estate Specialty Areas

Many VAR members find success in the real estate industry by specializing in certain areas of the business. We call these areas "real estate specialties". VAR has several councils and alliances made up of these specializing members to ensure that these member contituencies are represented and that VAR continues to provide great services and products to these member segments.

Categories: 

Real Estate Specialty Areas

Many VAR members find success in the real estate industry by specializing in certain areas of the business. We call these areas "real estate specialties". VAR has several councils and alliances made up of these specializing members to ensure that these member contituencies are represented and that VAR continues to provide great services and products to these member segments.

Categories: 

Get Active: VAR's Legislative Advocacy Conference

Wednesday, February 15 is REALTOR® Day on the Hill. You won't want to miss this important chance to talk directly with your legislators on issues that affect your business. Stick around for the Housing Policy Forum later in the afternoon, then make your way to the Jefferson for our can't-miss Legislative Reception.

On Wednesday, the annual Political Advocacy Luncheon with special guest speaker David Stevens, who is current CEO of the Mortgage Bankers Association and former Federal Housing Administration commissioner. Following lunch, nationally syndicated Washington Post real estate columnist Ken Harney will emcee a special housing policy forum for Virginia REALTORS. Panelists for that forum include Mr. Stevens, National Association of REALTORS’ past president Ron Phipps, and George Mason University economist and Housing Wire contributor Dr. Anthony Sanders. Then, following the panel, we’ll host our 2012 Legislative Reception at the Jefferson Hotel. 

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