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September 2012 - Fauquier County

September 2012 - Fauquier County

Fauquier County Economic Indicators 3. Residential Housing Market – Historical Data a) Residential Foreclosures and Delinquencies The following five graphs are prepared by the Federal Reserve Bank of Richmond as part of their quarterly mortgage performance summaries for the Commonwealth of Virginia display: Percentage of foreclosures or reo for owner-occupied mortgages – prime loans; Percentage of delinquencies for owner-occupied mortgages – prime loans; Percentage of foreclosures or reo for owner-occupied mortgages – subprime loans; Percentage of delinquencies for owner-occupied mortgages – subprime loans; and Percentage of owner-occupied mortgages with subprime loans. Foreclosures and delinquencies in the County remain low in comparison to the other localities in Virginia and the region. The number of foreclosures and delinquencies for both prime and subprime loans continue to decline. Office of Management and Budget Page 20

FFauquier r County Econom mic Indica ators OOffice of Mana agement and Bu udget Page 21

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