Virginia Beach foreclosure homes continued to rise during the first quarter of 2009 with 305 new Virginia Beach foreclosure filings in April compared to 260 filings in March, according to RealtyTrac.com.

Virginia Beach Foreclosure Activity and Home Price Index

Virginia Beach foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

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