Smith Farm Foreclosures...more detail

As of April 1st, 2010 there were 94 Smith Farm homes in some stage of foreclosure. Here is a breakdown by street, alphabetically:

• Ambleside - 3
• Ashburn - 5
• Boxleaf - 1
• Branchwood - 9
• Columbia - 6
• Copperfield - 3
• Downwinds - 2
• Great Oak - 6
• Greenville - 6
• Kingsley - 7
• Marbletree - 4
• Oak Bluff - 3
• Oak Grove - 12
• Prestwick - 1
• Ridgefield - 3
• Rockport - 8
• Sally Lynn - 4
• Squirewood - 2
• Stonehurst - 3
• Waterdance - 3
• Waverly - 3

Now this does not mean that next week there will be 94 bank-owned homes on the market for sale...but it is a good indicator that there is still a lot of distressed inventory to come...which will serve to further soften up prices.