Foreclosures finally slow year-over-year in Culpeper
Foreclosure activity in Culpeper decreased substantially from 2011 to 2012 as the local housing market continues to rebound, albeit cautiously.
Posted: Wednesday, February 20, 2013 12:15 am
Updated: 5:42 am, Wed Feb 20, 2013.
Last year in Culpeper resulted in the fewest residential foreclosures since the start of the mortgage crisis in 2007, another positive sign for the local housing market.
Culpeper County foreclosures in 2012 totaled 165 homes going into default compared to 198 in 2011 - a nearly 17 percent reduction, according to county records.
Wednesday, February 20, 2013 12:15 am.
Updated: 5:42 am.