Foreclosure crisis hits Virginia | Waynesboro News Virginian: "The number of foreclosures in Virginia more than doubled during the first 11 months of 2008, compared with all of 2007.
Data analyzed by the Richmond Times-Dispatch show 27,938 foreclosures statewide in the 2008 period for all property types, including single-family homes, businesses, condominiums and lots. In 2007 in Virginia, the total was 10,718, an increase of 161 percent.
The Richmond area was hit with 2,248 foreclosures last year through November, nearly four times — 287 percent — the total for all of 2007."
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This is a detailed article based on a good deal of research. The author notes that "Residential foreclosures cut across all income levels and house styles and prices..."
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