virginia
play

Virginia Foreclosures and Rental Housing Overview - PowerPoint PPT Presentation

Nov 23, 2023 •228 likes •868 views

Virginia Foreclosures and Rental Housing Overview ___________________________ Patrick M. Bowen Bowen National Research November 17, 2011 Virginia Foreclosures of Select Cities Foreclosure Filings - Past 12 Months Winchester 723 Northampton

  1. Virginia Foreclosures and Rental Housing Overview ___________________________ Patrick M. Bowen Bowen National Research November 17, 2011

  2. Virginia Foreclosures of Select Cities Foreclosure Filings - Past 12 Months Winchester 723 Northampton 15 Waynesboro 113 Lexington 16 Roanoke 817 Harrisonburg 164 Abingdon 20 Hampton 1,160 Danville 258 Emporia 22 Portsmouth 1,271 Lynchburg 271 Marion 22 Newport News 1,357 Petersburg 309 Accomack 31 Fredericksburg 1,563 Charlottesville 332 Wytheville 54 Alexandria 1,692 Williamsburg 436 Martinsville 69 Chesapeake 2,088 Arlington 453 Richmond 4,484 Staunton 88 Source: RealtyTrac 10/2010-9/2011

  3. Virginia Rental Housing Overview 2011 Summary Data • Overall - 774 Rental Properties in 24 Markets • Overall - 117,985 Units, 94.8% Occupied • 207 LIHTC Projects, 96.0% Occupied • 567 Market-Rate Projects, 94.5% Occupied • Strongest Overall Regions: NE - 97.1% ( Alexandria, Arlington and Winchester ) SW-97.3% ( Abington, Marion and Wytheville) • Weakest Overall Region: SE-92.3% ( Hampton, Newport News, Portsmouth )

  4. East Region Rental Housing Overview • 154 Total Projects – 6.3% Vacant •91 Market-rate Projects – 6.8% Vacant •63 Tax Credit Projects – 5.2% Vacant Petersburg

  5. Fredericksburg Foreclosure Activity Source: RealtyTrac The Fredericksburg (City) foreclosure rate of 0.20% is nearly double the Virginia (0.11%) rate. Source: RealtyTrac Fredericksburg foreclosure activity peaked in October of 2010 with 178 filings.

  6. Fredericksburg Rental Housing Tax Credit Market-Rate Total Projects 10 10 20 Units 1,518 2,269 3,787 Vacancy 98 54 152 Vac. Rate 6.5% 2.4% 4.0%

  7. Petersburg Foreclosure Activity Source: RealtyTrac The Petersburg (City) foreclosure rate of 0.11% is equal to the Virginia (0.11%) rate and below the National (0.17%) rate. Source: RealtyTrac Petersburg foreclosure activity peaked in August of 2011 with 40 filings.

  8. Petersburg Rental Housing Tax Credit Market-Rate Total Projects 8 27 35 Units 834 2,268 3,102 Vacancy 9 247 256 Vac. Rate 1.1% 10.9% 8.3%

  9. Accomack County Foreclosure Activity Source: RealtyTrac The Accomack (County) foreclosure rate of 0.01% is well below the Virginia (0.11%) and National (0.17%) rates. Source: RealtyTrac Accomack foreclosure activity last peaked in March of 2011 with 4 filings.

  10. Northampton County Foreclosure Activity Source: RealtyTrac The Northampton (County) foreclosure rate of 0.01 % is well below the Virginia (0.11%) and National (0.17%) rates. Source: RealtyTrac Northampton foreclosure activity last peaked in July of 2011 with 3 filings.

  11. Accomack/Northampton Rental Housing Tax Credit Market-Rate Total Projects 4 6 10 Units 91 19 110 Vacancy 0 0 0 Vac. Rate 0.0% 0.0% 0.0%

  12. Richmond Foreclosure Activity Source: RealtyTrac The Richmond (City) foreclosure rate of 0.14% is slightly above the Virginia (0.11%) rate but below the National (0.17%) rate. Source: RealtyTrac Richmond foreclosure activity peaked in October of 2010 with 621 filings.

  13. Richmond Rental Housing Tax Credit Market-Rate Total Projects 41 48 89 Units 4,075 6,744 10,819 Map here Vacancy 235 472 707 Vac. Rate 5.8% 7.0% 6.5%

  14. Southeast Region Rental Housing Overview 170 Total Projects: 7.7% Vacant 121 Market-rate Projects: 8.6% Vacant 49 Tax Credit Projects: 4.2% Vacant

  15. Williamsburg Foreclosure Activity Source: RealtyTrac The Williamsburg (City) foreclosure rate of 0.08% is slightly below the Virginia rate (0.11%) and less than half the National (0.17%) rate. Source: RealtyTrac Williamsburg foreclosure activity peaked in December of 2010 with 57 filings.

  16. Williamsburg Rental Housing Tax Credit Market-Rate Total Projects 12 22 37 Map here Units 939 3,160 4,099 Vacancy 24 203 227 Vac. Rate 2.6% 6.4% 5.5%

  17. Hampton Foreclosure Activity Source: RealtyTrac The Hampton (City) foreclosure rate of 0.13% is comparable to the Virginia (0.11%) rate but below the National (0.17%) rate. Source: RealtyTrac Hampton foreclosure activity peaked in October of 2010 with 163 filings.

  18. Newport News Foreclosure Activity Source: RealtyTrac The Newport News (City) foreclosure rate of 0.10% is nearly identical to the Virginia rate (0.11%) but below the National (0.17%) rate. Source: RealtyTrac Newport foreclosure activity peaked in March of 2011 with 143 filings.

  19. Hampton/Newport News Rental Housing Map here Tax Credit Market-Rate Total Projects 18 83 101 Units 2,486 15,816 18,302 Vacancy 200 1,603 1,803 Vac. Rate 8.0% 10.1% 9.9%

  20. Portsmouth Foreclosure Activity Source: RealtyTrac The Portsmouth (City) foreclosure rate of 0.24% is more than double the Virginia rate (0.11%) and well above the National (0.17%) rate. Source: RealtyTrac Portsmouth foreclosure activity peaked in October of 2010 with 165 filings.

  21. Portsmouth Rental Housing Tax Credit Market-Rate Total Projects 7 11 18 Units 960 1,430 2,390 Map here Vacancy 12 69 81 Vac. Rate 1.3% 4.8% 3.4%

  22. Chesapeake Foreclosure Activity Source: RealtyTrac The Chesapeake (City) foreclosure rate of 0.17% is well above the Virginia (0.11%) rate but equal to the National (0.17%) rate. Source: RealtyTrac Chesapeake foreclosure activity peaked in October of 2010 with 311 filings.

  23. Chesapeake Rental Housing Tax Credit Market-Rate Total Projects 12 5 17 Map here Units 1,678 1,763 3,411 Vacancy 18 39 57 Vac. Rate 1.1% 2.2% 1.7%

  24. South Region Rental Housing Overview 39 Total Projects: 6.8% Vacant 30 Market-rate Projects: 8.1% Vacant 9 Tax Credit Projects: 4.8% Vacant

  25. Danville Foreclosure Activity Source: RealtyTrac The Danville (City) foreclosure rate of 0.13% is between the Virginia (0.11%) and National (0.17%) rates. Source: RealtyTrac Danville foreclosure activity peaked in September of 2011 with 39 filings.

  26. Danville Rental Housing Map here Tax Credit Market-Rate Total Projects 5 14 19 Units 516 572 1088 Vacancy 30 37 67 Vac. Rate 5.8% 6.5% 6.2%

  27. Emporia Foreclosure Activity Source: RealtyTrac The Emporia (City) foreclosure rate of 0.05% is well below the Virginia (0.11%) and National (0.17%) rates. Source: RealtyTrac Emporia foreclosure activity peaked in March of 2011 with 4 filings.

  28. Emporia Rental Housing Tax Credit Market-Rate Total Projects 2 6 8 Map here Units 164 100 264 Vacancy 5 4 9 Vac. Rate 3.0% 4.0% 3.4%

  29. Martinsville Foreclosure Activity Source: RealtyTrac The Martinsville (City) foreclosure rate of 0.03% is well below the Virginia (0.11%) and National (0.17%) rates. Source: RealtyTrac Martinsville foreclosure activity peaked in October of 2010 with 15 filings.

  30. Martinsville Rental Housing Tax Credit Market-Rate Total Projects 2 10 12 Units 48 442 490 Map here Vacancy 0 49 49 Vac. Rate 0.0% 11.1% 10.0%

  31. Southwest Region Rental Housing Overview 45 Total Projects: 2.7% Vacant 31 Market-rate Projects: 2.8% Vacant 14 Tax Credit Projects: 2.7% Vacant Wytheville Marion Abingdon

  32. Wytheville Foreclosure Activity Source: RealtyTrac The Wytheville (Town) foreclosure rate of 0.01% is well below the Virginia (0.11%) and National (0.17%) rates. Source: RealtyTrac Wytheville foreclosure activity peaked in April of 2011 with 39 filings.

  33. Wytheville Rental Housing Map here Tax Credit Market-Rate Total Projects 3 6 9 Units 98 71 169 Vacancy 0 6 6 Vac. Rate 0.0% 8.5% 3.6%

  34. Abingdon Foreclosure Activity Source: RealtyTrac The Abingdon (Town) foreclosure rate of 0.01% is well below the Virginia (0.11%) and National (0.17%) rates. Source: RealtyTrac Abingdon foreclosure activity peaked in August of 2011 with 5 filings.

  35. Abingdon Rental Housing Map here Tax Credit Market-Rate Total Projects 9 16 25 Units 259 419 678 Vacancy 11 5 16 Vac. Rate 4.2% 1.2% 2.4%

  36. Marion Foreclosure Activity Source: RealtyTrac The Marion (Town) foreclosure rate of 0.06% is half the Virginia rate (0.11%) and well below National (0.17%) rates. Source: RealtyTrac Marion foreclosure activity peaked in July of 2011 with 6 filings.

  37. Marion Rental Housing Tax Credit Market-Rate Total Projects 2 9 11 Map here Units 52 237 289 Vacancy 0 9 9 Vac. Rate 0.0% 3.8% 3.1%

  38. West Region Rental Housing Overview Lexington 90 Total Projects: 6.1% Vacant 68 Market-rate Projects: 6.5% Vacant 22 Tax Credit Projects: 4.3% Vacant

  39. Lexington Foreclosure Activity Source: RealtyTrac The Lexington (City) foreclosure rate of 0.02% is well below the Virginia (0.11%) and National (0.17%) rates. Source: RealtyTrac Lexington foreclosure activity peaked in November of 2010 with 5 filings.

  40. Lexington Rental Housing Tax Credit Market-Rate Total Projects 6 15 21 Map here Units 225 376 601 Vacancy 2 36 38 Vac. Rate 0.9% 9.6% 6.3%

  41. Roanoke Foreclosure Activity Source: RealtyTrac The Roanoke (City) foreclosure rate of 0.06% is about half the Virginia (0.11%) rate Source: RealtyTrac Roanoke foreclosure activity peaked in November of 2010 with 109 filings.

  42. Roanoke Rental Housing Tax Credit Market-Rate Total Projects 10 14 24 Units 1,367 4,237 5,604 Map here Vacancy 65 251 316 Vac. Rate 4.8% 5.9% 5.6%

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend

Introduction Virginia Thumm Virginia Fundraising Virginia has worked in the non-profit sector

Introduction Virginia Thumm Virginia Fundraising Virginia has worked in the non-profit sector

7/22/2018 Partnering with your CEO How to Develop a Highly S uccessful Partnership Presentation to the Virginia Fund Raising Institute Virginia Thumm, President, Virginia Fundraising Consultants July 19, 2018 Introduction Virginia Thumm

379 views • 13 slides
EARTHWORKS // VIRGINIA DWAN GALLERY VIRGINIA DWAN VIRGINIA DWAN AT EL MIRAGE EXTERIOR OF THE

EARTHWORKS // VIRGINIA DWAN GALLERY VIRGINIA DWAN VIRGINIA DWAN AT EL MIRAGE EXTERIOR OF THE

EARTHWORKS // VIRGINIA DWAN GALLERY VIRGINIA DWAN VIRGINIA DWAN AT EL MIRAGE EXTERIOR OF THE FIRST DWAN GALLERY, DRY LAKE, 1970 BROXTON AVENUE, WESTWOOD, LOS ANGELES, 1961 VIRGINIA DWAN EARTHWORKS EXHIBITION AT DWAN GALLERY, NEW YORK, NEW

294 views • 10 slides
Finding Your Virginia Roots at the Library of Virginia Library of Virginia Established in 1823

Finding Your Virginia Roots at the Library of Virginia Library of Virginia Established in 1823

Finding Your Virginia Roots at the Library of Virginia Library of Virginia Established in 1823 by the General Assembly Holds 129 million manuscripts Holds 3 million printed resources Open Monday Saturday 9:00 am -5:00 pm Check our

596 views • 17 slides
WHATS HAPPENED? GO Virginia Region 3 CONTENTS What is GO Virginia? Growth &

WHATS HAPPENED? GO Virginia Region 3 CONTENTS What is GO Virginia? Growth &

WHATS HAPPENED? GO Virginia Region 3 CONTENTS What is GO Virginia? Growth & Diversification Plan Grants & How to Apply Other Ways to Get Involved WHAT IS GO VIRGINIA? GO stands for Growth and Opportunity GO

229 views • 20 slides
Building a Hydrogen Economy in Virginia Virginia H 2 Roundtable Joint Commission on Technology

Building a Hydrogen Economy in Virginia Virginia H 2 Roundtable Joint Commission on Technology

Building a Hydrogen Economy in Virginia Virginia H 2 Roundtable Joint Commission on Technology and Science October 11, 2006 Stephen A. Walz Department of Mines, Minerals and Energy Building a Hydrogen Economy in Virginia This Virginia

529 views • 20 slides
Workforce Virginia Population and State Employment Levels Virginia Population 24% fewer

Workforce Virginia Population and State Employment Levels Virginia Population 24% fewer

State Employee Workforce, Health I nsurance & Compensation Virginia Department of Human Resource Management House Appropriations Compensation & Retirement Subcommittee General Assembly Building, Richmond, Virginia January 17, 2013

562 views • 32 slides
Virginia Beach Housing: Needs and Market Analysis Re-investment Strategy Virginia Center for

Virginia Beach Housing: Needs and Market Analysis Re-investment Strategy Virginia Center for

Virginia Beach Housing: Needs and Market Analysis Re-investment Strategy Virginia Center for Housing Research, Virginia Tech: Mel Jones, Spencer Shanholtz czb, LLC: Charles Buki, Karen Beck-Pooley Agenda Presentation (15-20 min) Study

965 views • 20 slides
Virginia Beach Housing: Needs and Market Analysis Re-investment Strategy Virginia Center for

Virginia Beach Housing: Needs and Market Analysis Re-investment Strategy Virginia Center for

Virginia Beach Housing: Needs and Market Analysis Re-investment Strategy Virginia Center for Housing Research, Virginia Tech: Mel Jones, Spencer Shanholtz czb, LLC: Charles Buki, Karen Beck-Pooley 1/24/2017 1 Components of the Study

533 views • 32 slides
Main Points 1. Virginia schools are safer than the public perceives. 2. Threat assessment is an

Main Points 1. Virginia schools are safer than the public perceives. 2. Threat assessment is an

School Safety in Virginia July 24, 2018 Dewey G. Cornell, Ph. D. School Safety in Virginia Professor of Education in the Curry School of Education at the University of Virginia. Dew ey Cornell, Ph.D. Director of the UVa Youth Violence

340 views • 14 slides
Main Points 1. Virginia schools are safer than the public perceives. 2. Threat assessment is an

Main Points 1. Virginia schools are safer than the public perceives. 2. Threat assessment is an

School Safety in Virginia April 22, 2019 Dewey G. Cornell, Ph. D. School Safety in Virginia Professor of Education in the Curry School of Education at the University of Virginia. Dew ey Cornell, Ph.D. Director of the UVa Youth Violence

441 views • 12 slides
Central Virginia Transportation Authority August 27, 2020 Central Virginia Transportation

Central Virginia Transportation Authority August 27, 2020 Central Virginia Transportation

Central Virginia Transportation Authority August 27, 2020 Central Virginia Transportation Authority Code of Virginia Section 33.2-3700 3713 Effective July 1, 2020 33.2-3701. Central Virginia Transportation Fund. A. There is hereby

342 views • 8 slides
1 Virginia Beach Officials Investigate Rash of Jimsonweed Poisonings - Jan 2006 Other

1 Virginia Beach Officials Investigate Rash of Jimsonweed Poisonings - Jan 2006 Other

Neurons of the ANS Parasympathetic Nervous System Part II Dr. Edward JN Ishac Smith Building, Room 742 eishac@vcu.edu 8-2127 8-2126 Department of Pharmacology and Toxicology Medical College of Virginia Campus of Virginia Commonwealth

336 views • 4 slides
Virginia Energy Sense Messaging Research Virginia Energy Efficiency Council Wednesday,

Virginia Energy Sense Messaging Research Virginia Energy Efficiency Council Wednesday,

Virginia Energy Sense Messaging Research Virginia Energy Efficiency Council Wednesday, October 26, 2016 Andy Farmer Education Resources Manager State Corporation Commission Todays Discussion About Us: Virginia Energy Sense

376 views • 26 slides
USGBC Virginia: 2020 Virginia Legislative Recap 2020 Legislative Update Chelsea Harnish

USGBC Virginia: 2020 Virginia Legislative Recap 2020 Legislative Update Chelsea Harnish

USGBC Virginia: 2020 Virginia Legislative Recap 2020 Legislative Update Chelsea Harnish Virginia Energy Efficiency Council Energy Efficiency Legislation: Virginia Clean Economy Act Governors Regional Greenhouse Gas Initiative

745 views • 30 slides
GOVA 101: Introduction to GO Virginia 2 INTRO TO GO VIRGINIA MISSION STATEMENT Create more

GOVA 101: Introduction to GO Virginia 2 INTRO TO GO VIRGINIA MISSION STATEMENT Create more

Enhanced Capacity Building H OW - TO -A PPLY W ORKSHOP 1 GOVA 101: Introduction to GO Virginia 2 INTRO TO GO VIRGINIA MISSION STATEMENT Create more higher paying jobs through incentivized collaboration, primarily through out-of-state

1.09k views • 61 slides
1 Relative size, density and TG/Chol Abbreviations and Definitions (Lipoproteins) ratio of

1 Relative size, density and TG/Chol Abbreviations and Definitions (Lipoproteins) ratio of

Lipid-Lowering Agents Edward JN Ishac, Ph.D. Smith Building, Room 742 eishac@vcu.edu 828-2127 Department of Pharmacology and Toxicology Medical College of Virginia Campus of Virginia Commonwealth University Richmond, Virginia, USA Agents

507 views • 8 slides
First Quarter 2020 Earnings Call May 6, 2020 Exact Sciences 1 Safe harbor statement

First Quarter 2020 Earnings Call May 6, 2020 Exact Sciences 1 Safe harbor statement

First Quarter 2020 Earnings Call May 6, 2020 Exact Sciences 1 Safe harbor statement Forward-Looking Statements Some of the information presented here today may contain projections or other forward-looking statements regarding future events or

149 views • 12 slides
Preferred SiteSelection Revised January 2020 Site Selection Presentation v5.0 revised January

Preferred SiteSelection Revised January 2020 Site Selection Presentation v5.0 revised January

Preferred SiteSelection Revised January 2020 Site Selection Presentation v5.0 revised January 2020 2020-01-16 16/01/2020 Contents Introduction Preferred Site Listings Revisions January 2020 Preferred Site Listings January 2020

402 views • 18 slides
SECOND QUARTER 2020 EARNINGS CONFERENCE CALL PRESENTATION 1 SAFE HARBOR This presentation

SECOND QUARTER 2020 EARNINGS CONFERENCE CALL PRESENTATION 1 SAFE HARBOR This presentation

SECOND QUARTER 2020 EARNINGS CONFERENCE CALL PRESENTATION 1 SAFE HARBOR This presentation includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding

406 views • 11 slides
N Robert W. Hine Treatment Plant Facility Rio Grande Railroad Bridge entrance, facing North

N Robert W. Hine Treatment Plant Facility Rio Grande Railroad Bridge entrance, facing North

N Robert W. Hine Treatment Plant Facility Rio Grande Railroad Bridge entrance, facing North over York St, facing South 58 th Ave 58 th Ave and York St, facing Southwest N 64 th Ave 64 th Ave and York St, facing Northwest N 68 th Ave I-270

324 views • 10 slides
Pre-Orientation Advising Video Pre-Orientation Advising Video Degree requirements Academic

Pre-Orientation Advising Video Pre-Orientation Advising Video Degree requirements Academic

Pre-Orientation Advising Video Pre-Orientation Advising Video Degree requirements Academic tools Four year plans Degree audits How to prepare for enrollment Enrollment Webinar August 6 to August 16 In early August, our

149 views • 10 slides
FAMILY FIRST PREVENTION SERVICES ACT QUALIFIED RESIDENTIAL TREATMENT PROGRAMS AUGUST 27, 2020

FAMILY FIRST PREVENTION SERVICES ACT QUALIFIED RESIDENTIAL TREATMENT PROGRAMS AUGUST 27, 2020

FAMILY FIRST PREVENTION SERVICES ACT QUALIFIED RESIDENTIAL TREATMENT PROGRAMS AUGUST 27, 2020 MDHHS PRESENTATION TO THE MICHIGAN ASSOCIATION OF COUNTIES AGENDA Overview of FFPSA Congregate care implications QRTP requirements

246 views • 12 slides
Vendor Advisory Committee September 8, 2020 Retainer r (absence) payments to provider ers of

Vendor Advisory Committee September 8, 2020 Retainer r (absence) payments to provider ers of

Alternative Nonresidential Services During COVID-19 Vendor Advisory Committee September 8, 2020 Retainer r (absence) payments to provider ers of nonresidenti of tial service ces s ended d on Aug ugust 31, 31, 2020 2020 Tradi

490 views • 21 slides
Acquisition of Apache Argentina February 13, 2014 Disclaimer Safe harbor statement under the US

Acquisition of Apache Argentina February 13, 2014 Disclaimer Safe harbor statement under the US

Acquisition of Apache Argentina February 13, 2014 Disclaimer Safe harbor statement under the US Private Securities Litigation Reform Act of 1995. This document contains statements that YPF believes constitute forward-looking statements within

447 views • 12 slides

More recommend